Camber Energy (Camber Energy) Debt-to-Equity

: 3.33 (As of Dec. 2023)

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Camber Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.13 Mil. Camber Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $43.14 Mil. Camber Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $14.49 Mil. Camber Energy's debt to equity for the quarter that ended in Dec. 2023 was 3.33.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Camber Energy's Debt-to-Equity or its related term are showing as below:

CEI' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.87 Med: 1.32 Max: 12.06
Current: 3.33

During the past 13 years, the highest Debt-to-Equity Ratio of Camber Energy was 12.06. The lowest was -6.87. And the median was 1.32.

CEI's Debt-to-Equity is ranked worse than
95.66% of 830 companies
in the Oil & Gas industry
Industry Median: 0.435 vs CEI: 3.33

Camber Energy Debt-to-Equity Historical Data

The historical data trend for Camber Energy's Debt-to-Equity 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.

Camber Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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12.06

-6.87

1.32

2.12

3.33

Camber Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.63	2.12	2.36	2.50	3.33

Competitive Comparison

For the Oil & Gas E&P subindustry, Camber Energy's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Camber Energy Debt-to-Equity Distribution

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

* The bar in red indicates where Camber Energy's Debt-to-Equity falls into.

Camber Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Camber Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5.134	+	43.139)	/	14.493
	=	3.33

Camber Energy's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5.134	+	43.139)	/	14.493
	=	3.33

Camber Energy (AMEX:CEI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Camber Energy Debt-to-Equity Related Terms

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Camber Energy (Camber Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Camber Energy Inc (AMEX:CEI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

58L:Germany

Address

15915 Katy Freeway, Suite 450, Houston, TX, USA, 77094

Website

https://www.camber.energy

Camber Energy Inc Formerly Viking Energy Group Inc is an independent exploration and production company. The company is engaged in the acquisition, exploration, development, and production of oil and natural gas properties. Its properties are located in Miami and Franklin Counties in eastern Kansas, Missouri, Texas, Louisiana, Mississippi, and Alberta. The company generates revenue from oil and gas sales.

Executives

James G Miller	director	P.O. BOX 14144, PARKVILLE MO 64152
John F Mcvicar	officer: Chief Financial Officer	15915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Barker Frank W. Jr.	officer: Chief Financial Officer	115915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Robert K Green	director	P O BOX 13287, KANSAS CITY MO 64199
James Andrew Doris	director, officer: CEO & President	15915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Troy Andrew Caruso	10 percent owner	10 COLONIAL DRIVE, SMITHTOWN NY 11787
Louis G Schott	officer: Interim CEO	4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209
Donnie Baker Seay	director	105 NADINE RD., SAN ANTONIO TX 78209
Robert W Schleizer	officer: Interim CFO
Kenneth Ray Sanders	officer: Chief Operating Officer	2706 KINGS FOREST DR., KINGWOOD TX 77339
Paul Anthony Pinkston	officer: Chief Accounting Officer	450 GEARS ROAD, SUITE 860, HOUSTON TX 77067
Mpii, Inc.	officer: President	PO BOX 14000, SAN ANTONIO TX 78214
Robert D. Tips	director	1700 S.E. MILITARY DRIVE, SAN ANTONIO TX 78214
R.d. Tips, Inc.	officer: President	1700 S.E. MILITARY DRIVE, SAN ANTONIO TX 78214
Rad2 Minerals, Ltd	10 percent owner	PO BOX 6172, SAN ANTONIO TX 78209