Talos Energy (TALO)

Debt-to-assets ratio

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	992,614	1,018,770	1,000,110	977,011	585,340	652,108	788,468	925,081	956,667	978,777	976,573	1,049,360	985,512	994,748	997,041	1,033,160	732,981	697,192	697,130	665,935
Total assets	US$ in thousands	4,816,310	4,753,100	4,805,410	4,795,760	3,058,630	2,813,370	2,863,100	2,810,490	2,766,820	2,786,160	2,852,160	2,839,690	2,834,550	3,172,280	3,174,650	3,238,190	2,589,480	2,611,880	2,592,040	2,439,940
Debt-to-assets ratio		0.21	0.21	0.21	0.20	0.19	0.23	0.28	0.33	0.35	0.35	0.34	0.37	0.35	0.31	0.31	0.32	0.28	0.27	0.27	0.27

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $992,614K ÷ $4,816,310K
= 0.21

The debt-to-assets ratio of Talos Energy Inc has exhibited some fluctuations over the past eight quarters. In Q4 2023, the ratio stood at 0.21, indicating that 21% of the company's assets were financed by debt. This ratio remained relatively consistent in Q1 2023 and Q4 2022, hovering around the 0.20 mark.

There was a slight increase in the ratio in Q3 2023 and Q2 2023, reaching 0.22 in both quarters. This uptick suggests a slightly higher reliance on debt to finance assets during those periods. Notably, the ratio peaked at 0.33 in Q1 2022, signifying a higher level of indebtedness compared to the other quarters.

Overall, Talos Energy Inc's debt-to-assets ratio has shown variability, with fluctuations indicating changes in the company's capital structure and financial leverage over the analyzed period. Monitoring this ratio can provide insights into the company's risk exposure and financial health.