GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Peyto Exploration & Development Corp (OTCPK:PEYUF) » Definitions » Liabilities-to-Assets

Peyto Exploration & Development (Peyto Exploration & Development) Liabilities-to-Assets : 0.51 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Peyto Exploration & Development 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. Peyto Exploration & Development's Total Liabilities for the quarter that ended in Dec. 2023 was $2,083.1 Mil. Peyto Exploration & Development's Total Assets for the quarter that ended in Dec. 2023 was $4,106.8 Mil. Therefore, Peyto Exploration & Development's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.51.


Peyto Exploration & Development Liabilities-to-Assets Historical Data

The historical data trend for Peyto Exploration & Development'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.

Peyto Exploration & Development Liabilities-to-Assets Chart

Peyto Exploration & Development 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 0.52 0.53 0.53 0.49 0.51

Peyto Exploration & Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.49 0.44 0.44 0.47 0.51

Competitive Comparison of Peyto Exploration & Development's Liabilities-to-Assets

For the Oil & Gas E&P subindustry, Peyto Exploration & Development'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.


Peyto Exploration & Development's Liabilities-to-Assets Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Peyto Exploration & Development's Liabilities-to-Assets falls into.



Peyto Exploration & Development 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.

Peyto Exploration & Development'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
=2083.109/4106.77
=0.51

Peyto Exploration & Development'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
=2083.109/4106.77
=0.51

* 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.


Peyto Exploration & Development  (OTCPK:PEYUF) 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.


Peyto Exploration & Development Liabilities-to-Assets Related Terms

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


Peyto Exploration & Development (Peyto Exploration & Development) Business Description

Traded in Other Exchanges
Address
600 - 3rd Avenue SW, Suite 300, Calgary, AB, CAN, T2P 0G5
Peyto Exploration & Development Corp is a Canadian energy company involved in the development and production of oil and natural gas. It conducts exploration, development and production activities in Canada. Substantial revenue is generated from Natural gas and natural gas liquid sales.

Peyto Exploration & Development (Peyto Exploration & Development) Headlines