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Global Petroleum (LSE:GBP) Liabilities-to-Assets : 0.01 (As of Dec. 2023)


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What is Global Petroleum Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Global Petroleum's Total Liabilities for the quarter that ended in Dec. 2023 was £0.02 Mil. Global Petroleum's Total Assets for the quarter that ended in Dec. 2023 was £2.01 Mil. Therefore, Global Petroleum's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.01.


Global Petroleum Liabilities-to-Assets Historical Data

The historical data trend for Global Petroleum's Liabilities-to-Assets 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.

Global Petroleum Liabilities-to-Assets Chart

Global Petroleum Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.08 0.08 0.13

Global Petroleum Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
Liabilities-to-Assets 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 0.08 0.09 0.13 0.11 0.01

Competitive Comparison of Global Petroleum's Liabilities-to-Assets

For the Oil & Gas E&P subindustry, Global Petroleum's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Global Petroleum's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Global Petroleum's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Global Petroleum's Liabilities-to-Assets falls into.



Global Petroleum Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Global Petroleum's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2022 is calculated as:

Liabilities-to-Assets (A: Jun. 2022 )=Total Liabilities/Total Assets
=0.27/2.166
=0.12

Global Petroleum's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=0.018/2.011
=0.01

* 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.


Global Petroleum  (LSE:GBP) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Global Petroleum Liabilities-to-Assets Related Terms

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Global Petroleum (LSE:GBP) Business Description

Traded in Other Exchanges
N/A
Address
C/- DW Accounting & Advisory Pty Ltd, 91 William Street, Level 4, Melbourne, VIC, AUS, 3000
Global Petroleum Ltd is an Australia-based oil and gas, upstream exploration company. The principal activities of the company include exploration, development, and production of oil and gas properties. The company's principal assets are two exploration blocks located offshore Namibia. The company mainly focuses on Africa and the Mediterranean. It holds interests in petroleum exploration license number 29, covering offshore blocks 1910B and 2010A in the Walvis Basin, Namibia.

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