North European Oil Royalty Trust (North European Oil Royalty Trust) Debt-to-Equity : 0.00 (As of Jan. 2024)

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What is North European Oil Royalty Trust Debt-to-Equity?

North European Oil Royalty Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. North European Oil Royalty Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. North European Oil Royalty Trust's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $0.52 Mil. North European Oil Royalty Trust's debt to equity for the quarter that ended in Jan. 2024 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 North European Oil Royalty Trust's Debt-to-Equity or its related term are showing as below:

NRT'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.

North European Oil Royalty Trust Debt-to-Equity Historical Data

The historical data trend for North European Oil 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.

North European Oil Royalty Trust Debt-to-Equity Chart

North European Oil Royalty Trust Annual Data

Trend

Oct14

Oct15

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Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

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North European Oil Royalty Trust Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of North European Oil Royalty Trust's Debt-to-Equity

For the Oil & Gas E&P subindustry, North European Oil 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.

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

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

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

North European Oil Royalty Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

North European Oil Royalty Trust's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(0	+	0)	/	0.795
	=	0.00

North European Oil Royalty Trust's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(0	+	0)	/	0.515
	=	0.00

North European Oil Royalty Trust (NYSE:NRT) 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.

North European Oil Royalty Trust Debt-to-Equity Related Terms

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North European Oil Royalty Trust (North European Oil Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » North European Oil Royalty Trust (NYSE:NRT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 N. Lincoln Street, P.O. Box 187, Keene, NH, USA, 03431

Website

http://www.neort.com

North European Oil Royalty Trust holds overriding royalty rights covering gas and oil production in certain concessions or leases in the Federal Republic of Germany. The properties of the trust are overriding royalty rights on sales of gas, sulfur, and oil under certain concessions or leases in the Federal Republic of Germany. The trust also holds other royalty rights, which are based on leases. It receives various percentages of royalties on the proceeds of the sales of certain products from the areas involved.

Executives

Prue Nancy J F	other: Trustee	775 BRUSHWOOD COURT, MILLERSVILLE MD 21108
Robert P Adelman	other: Trustee	9 FOX TAIL ROAD, AMELIA ISLAND FL 32034
Ahron H Haspel	other: Trustee	220 EAST 65TH STREET, APT. 24G, NEW YORK NY 10065-6629
Rosalie Joyce Wolf	other: Trustee	150 EAST 69TH STREET, APT 23J, NEW YORK NY 10021
Van Kirk John Russell	other: Managing Director	104 HEULITT ROAD, COLTS NECK NJ 07722
Lawrence A Kobrin	other: Trustee	15 WEST 81 STREET, NEW YORK NY 10024
Samuel M Eisenstat	other: Trustee	45 EAST 89TH STREET, APT. 24E, NEW YORK NY 10128
Van Kirk John H	other: Managing Trustee	P.O. BOX 456, RED BANK NJ 07701