PJSC Lukoil (MIC:LKOH) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2023)

View and export this data going back to 2004. Start your Free Trial

What is PJSC Lukoil 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. PJSC Lukoil's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.04.

PJSC Lukoil's long-term debt to total assets ratio declined from Sep. 2022 (0.05) to Sep. 2023 (0.04). It may suggest that PJSC Lukoil is progressively becoming less dependent on debt to grow their business.

PJSC Lukoil LT-Debt-to-Total-Asset Historical Data

The historical data trend for PJSC Lukoil'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.

PJSC Lukoil LT-Debt-to-Total-Asset Chart

PJSC Lukoil Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.08

0.07

0.19

0.08

0.03

PJSC Lukoil Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.03	0.04	0.04	0.04

PJSC Lukoil LT-Debt-to-Total-Asset Calculation

PJSC Lukoil's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	78389.174	/	2284260.472
	=	0.03

PJSC Lukoil's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	108565.956	/	2973155.005
	=	0.04

PJSC Lukoil (MIC:LKOH) 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.

PJSC Lukoil LT-Debt-to-Total-Asset Related Terms

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

PJSC Lukoil (MIC:LKOH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PJSC Lukoil (MIC:LKOH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

11, Sretensky Boulevard, Moscow, RUS, 101000

Website

https://www.lukoil.com

PJSC Lukoil directs the financial decisions and operations of the main group's subsidiaries. Altogether, Lukoil is an integrated oil company that has exposure to the entire range of activities in the oil and gas cycle from exploration to sales of refined products. Exploration and production activities are conducted with assets located in Russia, Iraq, and Uzbekistan, on offshore and onshore fields. Lukoil brings an array of petroleum products to the market through its refinery unit, including gasoline, medium distillates, dark petroleum products, lubricants, and other related products. Russia constitutes a significant portion of the group's distribution network; however, its products penetrate a number of different markets in Europe and the Americas.

PJSC Lukoil (MIC:LKOH) Headlines

No Headlines