GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kunlun Energy Co Ltd (OTCPK:KUNUF) » Definitions » Liabilities-to-Assets

Kunlun Energy Co (Kunlun Energy Co) Liabilities-to-Assets : 0.40 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Kunlun Energy Co 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. Kunlun Energy Co's Total Liabilities for the quarter that ended in Dec. 2023 was $8,086 Mil. Kunlun Energy Co's Total Assets for the quarter that ended in Dec. 2023 was $20,100 Mil. Therefore, Kunlun Energy Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.40.


Kunlun Energy Co Liabilities-to-Assets Historical Data

The historical data trend for Kunlun Energy Co'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.

Kunlun Energy Co Liabilities-to-Assets Chart

Kunlun Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.46 0.43 0.42 0.40

Kunlun Energy Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.43 0.42 0.42 0.41 0.40

Competitive Comparison of Kunlun Energy Co's Liabilities-to-Assets

For the Oil & Gas Refining & Marketing subindustry, Kunlun Energy Co'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.


Kunlun Energy Co's Liabilities-to-Assets Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Kunlun Energy Co's Liabilities-to-Assets falls into.



Kunlun Energy Co 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.

Kunlun Energy Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=8086.048/20100.137
=0.40

Kunlun Energy Co'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
=8086.048/20100.137
=0.40

* 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.


Kunlun Energy Co  (OTCPK:KUNUF) 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.


Kunlun Energy Co Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Kunlun Energy Co's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Kunlun Energy Co (Kunlun Energy Co) Business Description

Traded in Other Exchanges
Address
118 Connaught Road West, 39th Floor, Hong Kong, HKG
Kunlun Energy Co Ltd is an integrated oil and gas service company. The firm is engaged in multiple activities which include exploration and production operations at its oils fields located internationally, operating natural gas pipeline mainly providing support services to the oil and gas industry, and offers processing and storage facilities of liquified natural gas(LNG), and sale of sale of LNG and liquified petroleum gas across China. The Group is engaged in a broad range of oil and gas related activities and derives its revenue from its four operating segments: Natural Gas Sales, Sales of LPG, LNG Processing and Terminal and Exploration and Production.

Kunlun Energy Co (Kunlun Energy Co) Headlines

From GuruFocus

Matthews China Fund Q1 2015 Commentary

By Vera Yuan Vera Yuan 04-29-2015

Matthews China Fund Comments on Kunlun Energy Co Ltd

By Vera Yuan Vera Yuan 04-29-2015