Shoal Point Energy (Shoal Point Energy) Debt-to-Asset : 0.48 (As of Oct. 2023)

Shoal Point Energy Debt-to-Asset Chart

Shoal Point Energy Annual Data
	Trend	Jan14	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Jan22	Jan23
Debt-to-Asset		Get a 7-Day Free Trial					-	-	0.03	0.46	0.23

Shoal Point Energy Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Debt-to-Asset	Get a 7-Day Free Trial															0.06	0.23	0.14	0.17	0.48

Competitive Comparison of Shoal Point Energy's Debt-to-Asset

For the Oil & Gas E&P subindustry, Shoal Point Energy's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Shoal Point Energy's Debt-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shoal Point Energy's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Shoal Point Energy's Debt-to-Asset falls into.

Shoal Point Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shoal Point Energy's Debt-to-Asset for the fiscal year that ended in Jan. 2023 is calculated as

Shoal Point Energy's Debt-to-Asset for the quarter that ended in Oct. 2023 is calculated as

* 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.

Shoal Point Energy  (OTCPK:SHPNF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Shoal Point Energy Debt-to-Asset Related Terms

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Shoal Point Energy (Shoal Point Energy) Business Description