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Imperial Petroleum (Imperial Petroleum) Liabilities-to-Assets : 0.04 (As of Mar. 2024)


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What is Imperial Petroleum Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Imperial Petroleum's Total Liabilities for the quarter that ended in Mar. 2024 was $16.3 Mil. Imperial Petroleum's Total Assets for the quarter that ended in Mar. 2024 was $393.2 Mil. Therefore, Imperial Petroleum's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.04.


Imperial Petroleum Liabilities-to-Assets Historical Data

The historical data trend for Imperial Petroleum's Liabilities-to-Assets 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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Imperial Petroleum Liabilities-to-Assets Chart

Imperial Petroleum Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Jul11 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.03 0.25 0.23 0.04

Imperial Petroleum Quarterly Data
Jul11 Oct11 Jan12 Apr12 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.06 0.07 0.04 0.04

Competitive Comparison of Imperial Petroleum's Liabilities-to-Assets

For the Oil & Gas Midstream subindustry, Imperial Petroleum's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Imperial Petroleum's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Imperial Petroleum's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Imperial Petroleum's Liabilities-to-Assets falls into.



Imperial Petroleum Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Imperial Petroleum's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=14.529/376.835
=0.04

Imperial Petroleum's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=16.325/393.204
=0.04

* 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.


Imperial Petroleum  (NAS:IMPP) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Imperial Petroleum Liabilities-to-Assets Related Terms

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Imperial Petroleum (Imperial Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
331 Kifissias Avenue, Erithrea, Athens, GRC, 14561
Imperial Petroleum Inc is a provider of international seaborne transportation services to oil producers, refineries, and commodities traders. It owns and operates a fleet of three medium-range product tankers that carry refined petroleum products such as gasoline, diesel, fuel oil and jet fuel, as well as edible oils and chemical.