AAG Energy Holdings (FRA:AAN) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2022)

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What is AAG Energy Holdings 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. AAG Energy Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.00.

AAG Energy Holdings's long-term debt to total assets ratio declined from Dec. 2021 (0.01) to Dec. 2022 (0.00). It may suggest that AAG Energy Holdings is progressively becoming less dependent on debt to grow their business.

AAG Energy Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for AAG Energy Holdings'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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AAG Energy Holdings LT-Debt-to-Total-Asset Chart

AAG Energy Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.01

AAG Energy Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.01	0.01	0.01	0.01	-

AAG Energy Holdings LT-Debt-to-Total-Asset Calculation

AAG Energy Holdings'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 )
	=	5.592	/	1260.579
	=	0.00

AAG Energy Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )	/	Total Assets (Q: Dec. 2022 )
	=	5.592	/	1260.579
	=	0.00

AAG Energy Holdings (FRA:AAN) 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.

AAG Energy Holdings LT-Debt-to-Total-Asset Related Terms

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AAG Energy Holdings (FRA:AAN) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » AAG Energy Holdings Ltd (FRA:AAN) » Definitions » LT-Debt-to-Total-Asset

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Address

183 Queen’s Road Central, Unit 2506, 25th Floor, Cosco Tower, Sheung Wan, Hong Kong, HKG

Website

http://www.aagenergy.com

AAG Energy Holdings Ltd is an international energy company. It is engaged in the exploration, development, and production of coalbed methane (CBM) in the People's Republic of China. Its operating assets, the Panzhuang and Mabi concessions are located in the Southwestern part of the Qinshui Basin, which boasts CBM geological reserves of any basin in China. The Group conducts its business through two Production Sharing Contracts entered into with China United Coalbed Methane Corporation Ltd and China National Petroleum Corporation for Panzhuang and Mabi concessions respectively in Qinshui Basin, Shanxi Province of the PRC.