PGS ASA (OSL:PGS) Debt-to-Asset : 0.43 (As of Mar. 2024)

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What is PGS ASA Debt-to-Asset?

PGS ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,726 Mil. PGS ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr6,281 Mil. PGS ASA's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was kr18,799 Mil. PGS ASA's debt to asset for the quarter that ended in Mar. 2024 was 0.43.

PGS ASA Debt-to-Asset Historical Data

The historical data trend for PGS ASA's Debt-to-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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PGS ASA Debt-to-Asset Chart

PGS ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.56

0.63

0.70

0.57

0.46

PGS ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.51	0.51	0.48	0.46	0.43

Competitive Comparison of PGS ASA's Debt-to-Asset

For the Oil & Gas Equipment & Services subindustry, PGS ASA'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.

PGS ASA's Debt-to-Asset Distribution in the Oil & Gas Industry

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

* The bar in red indicates where PGS ASA's Debt-to-Asset falls into.

PGS ASA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

PGS ASA's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1760.695	+	7051.219)	/	19164.04
	=	0.46

PGS ASA's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1725.527	+	6281.302)	/	18799.335
	=	0.43

PGS ASA (OSL:PGS) 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.

PGS ASA Debt-to-Asset Related Terms

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PGS ASA (OSL:PGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PGS ASA (OSL:PGS) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

PGEJF:USA PGSo:Sweden PGSo:UK 0MHR:UK PGS1:Germany

Address

Lilleakerveien 4C, Oslo, NOR, 0283

Website

https://www.pgs.com

PGS ASA provides images and 3D models of the subsurface beneath the ocean floor. Oil-market participants use PGS services to find oil and gas reserves. The company's complete line of products includes seismic, electromagnetic, and reservoir services, including acquisition, imaging, interpretation, and field evaluation. The majority of revenue is derived from the multiclient segment where it initiates and manages seismic surveys, which PGS acquires, processes, markets, and sells to multiple customers on a nonexclusive basis. Products and services are offered in offshore markets around the world. Geographically, the majority is derived from Norway.

PGS ASA (OSL:PGS) Headlines

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