PetroGas Co (PetroGas Co) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is PetroGas Co 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. PetroGas Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

PetroGas Co's long-term debt to total assets ratio stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

PetroGas Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for PetroGas Co'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.

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PetroGas Co LT-Debt-to-Total-Asset Chart

PetroGas Co Annual Data

Trend

Mar14

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Mar23

LT-Debt-to-Total-Asset

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PetroGas Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

PetroGas Co LT-Debt-to-Total-Asset Calculation

PetroGas Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	0	/	0
	=

PetroGas Co'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 )
	=	0	/	0
	=

PetroGas Co (OTCPK:PTCO) 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.

PetroGas Co LT-Debt-to-Total-Asset Related Terms

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PetroGas Co (PetroGas Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroGas Co (OTCPK:PTCO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

2800 Post Oak Boulevard, Suite 4100, Houston, TX, USA, 77056

Website

http://www.petro-gas.co

PetroGas Co is an oil and gas exploration and production company. It is focused on the acquisition of properties in areas with significant oil reserves and drilling potential.

Executives

Mark Corrao	officer: CFO	531 AIRPORT NORTH OFFICE PARK, FORT WAYNE IN 46825
Robert Wiener	director	2537 S. GESSNER, #201, HOUSTON TX 77063
Joe Madison Seabourn	director	2925 ROBERTSON DR., ABILENE TX 79606
Huang Yu	director, officer: President, Secretary, Treasure	GAO XIN KAI FA QU GAO XIN SI LU ZHONG, JIAN SAN JU RONG HE TIAN YU XIANG MU BU, LIU ZHOU, GUANG XI F4 00000
Xiang Wu Zheng	10 percent owner	HOA SI SHA JING LU 1 HAO 51 HU LONG TIAN, ZHENG, CHAO NAN QU, SHAN TOU, HUANG DONG F4 00000

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