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Mesa Royalty Trust (Mesa Royalty Trust) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Mesa Royalty Trust Debt-to-Equity?

Mesa Royalty Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Mesa Royalty Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Mesa Royalty Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3.04 Mil. Mesa Royalty Trust's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Mesa Royalty Trust's Debt-to-Equity or its related term are showing as below:

MTR's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Mesa Royalty Trust Debt-to-Equity Historical Data

The historical data trend for Mesa Royalty Trust'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.

Mesa Royalty Trust Debt-to-Equity Chart

Mesa Royalty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Mesa Royalty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Mesa Royalty Trust's Debt-to-Equity

For the Oil & Gas E&P subindustry, Mesa Royalty Trust'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.


Mesa Royalty Trust's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Mesa Royalty Trust's Debt-to-Equity falls into.



Mesa Royalty Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mesa Royalty Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Mesa Royalty Trust's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Mesa Royalty Trust  (NYSE:MTR) 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.


Mesa Royalty Trust Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Mesa Royalty Trust's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Mesa Royalty Trust (Mesa Royalty Trust) Business Description

Traded in Other Exchanges
N/A
Address
601 Travis Street, Floor 16, Global Corporate Trust, Houston, TX, USA, 77002
Mesa Royalty Trust holds net overriding royalty interests in various oil and gas properties located in the: Hugoton field of Kansas, San Juan Basin field of New Mexico, and San Juan Basin Field of Colorado.
Executives
J Taylor Crandall 10 percent owner 2775 SAND HILL RD, SUITE 220, MENLO PARK CA 94025
Bruce Robert W Iii 10 percent owner
Algenpar Inc 10 percent owner
Alpine Capital Lp 10 percent owner

Mesa Royalty Trust (Mesa Royalty Trust) Headlines

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