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Panoro Energy ASA (OSTO:PENO) Debt-to-Revenue : 0.29 (As of Mar. 2024)


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What is Panoro Energy ASA Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Panoro Energy ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr194 Mil. Panoro Energy ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr643 Mil. Panoro Energy ASA's annualized Revenue for the quarter that ended in Mar. 2024 was kr2,926 Mil. Panoro Energy ASA's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.


Panoro Energy ASA Debt-to-Revenue Historical Data

The historical data trend for Panoro Energy ASA's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Panoro Energy ASA Debt-to-Revenue Chart

Panoro Energy ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.79 0.81 0.42 0.31

Panoro Energy ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 3.63 0.16 0.32 0.29

Competitive Comparison of Panoro Energy ASA's Debt-to-Revenue

For the Oil & Gas E&P subindustry, Panoro Energy ASA's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Panoro Energy ASA's Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Panoro Energy ASA's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Panoro Energy ASA's Debt-to-Revenue falls into.



Panoro Energy ASA Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Panoro Energy ASA's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(275.033 + 458.034) / 2399.735
=0.31

Panoro Energy ASA's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(193.501 + 642.923) / 2926.18
=0.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Panoro Energy ASA Debt-to-Revenue Related Terms

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Panoro Energy ASA (OSTO:PENO) Business Description

Traded in Other Exchanges
Address
c/o Advokatfirma Schjodt AS, Tordenskiolds gate 12, P.O. Box 2444, Solli, Oslo, NOR, 0201
Panoro Energy ASA is a Norway based exploration and production company principally engaged in the exploration of oil and gas. The Group has four reportable segments by geographic locations in Equatorial Guinea, Gabon, Tunisia and South Africa.

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