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Niko Resources (Niko Resources) Debt-to-Equity : 0.00 (As of Dec. 2018)


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What is Niko Resources Debt-to-Equity?

Niko Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.00 Mil. Niko Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.00 Mil. Niko Resources's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $-381.90 Mil. Niko Resources's debt to equity for the quarter that ended in Dec. 2018 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 Niko Resources's Debt-to-Equity or its related term are showing as below:

NKRSF'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.

Niko Resources Debt-to-Equity Historical Data

The historical data trend for Niko Resources'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.

Niko Resources Debt-to-Equity Chart

Niko Resources Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 -1.03 -0.79 -0.91 -0.66

Niko Resources Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Debt-to-Equity 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 -0.72 -0.66 -0.61 - -

Competitive Comparison of Niko Resources's Debt-to-Equity

For the Oil & Gas E&P subindustry, Niko Resources'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.


Niko Resources's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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



Niko Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Niko Resources's Debt to Equity Ratio for the fiscal year that ended in Mar. 2018 is calculated as

Niko Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2018 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.


Niko Resources  (OTCPK:NKRSF) 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.


Niko Resources Debt-to-Equity Related Terms

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


Niko Resources (Niko Resources) Business Description

Traded in Other Exchanges
N/A
Address
205 - 5th Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 2V7
Niko Resources Ltd is an oil and natural gas exploration and production company.

Niko Resources (Niko Resources) Headlines

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