Pantheon Resources (LSE:PANR) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Pantheon Resources LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Pantheon Resources's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.05.

Pantheon Resources's long-term debt to total assets ratio declined from Dec. 2022 (0.07) to Dec. 2023 (0.05). It may suggest that Pantheon Resources is progressively becoming less dependent on debt to grow their business.

Pantheon Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Pantheon Resources's LT-Debt-to-Total-Asset 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.

Pantheon Resources LT-Debt-to-Total-Asset Chart

Pantheon Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.07

0.05

Pantheon Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.07	0.07	0.05	0.05

Pantheon Resources LT-Debt-to-Total-Asset Calculation

Pantheon Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	13.162	/	245.462
	=	0.05

Pantheon Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	10.917	/	238.746
	=	0.05

Pantheon Resources (LSE:PANR) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Pantheon Resources LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Pantheon Resources's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Pantheon Resources (LSE:PANR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pantheon Resources PLC (LSE:PANR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PTHRF:USA P3K:Germany

Address

60 Gracechurch Street, 6th Floor, Shakespeare Martineau, London, GBR, EC3V 0HR

Website

https://www.pantheonresources.com

Pantheon Resources PLC is an oil and gas exploration company based in the United Kingdom. The company principally invests in oil and gas exploration and development. It operates in two business segments: USA (Alaska) and Head Office. Majority of it's revenue is generated in USA (Alaska).

Pantheon Resources (LSE:PANR) Headlines

No Headlines