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

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What is Permian Basin Royalty Trust Debt-to-Equity?

Permian Basin Royalty Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Permian Basin Royalty Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Permian Basin Royalty Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.22 Mil. Permian Basin 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 Permian Basin Royalty Trust's Debt-to-Equity or its related term are showing as below:

PBT'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.

Permian Basin Royalty Trust Debt-to-Equity Historical Data

The historical data trend for Permian Basin 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.

Permian Basin Royalty Trust Debt-to-Equity Chart

Permian Basin Royalty Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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Permian Basin Royalty Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Permian Basin Royalty Trust's Debt-to-Equity

For the Oil & Gas Midstream subindustry, Permian Basin 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.

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

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

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

Permian Basin Royalty Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Permian Basin Royalty Trust'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
	=	(0	+	0)	/	0.221
	=	0.00

Permian Basin Royalty Trust'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
	=	(0	+	0)	/	0.221
	=	0.00

Permian Basin Royalty Trust (NYSE:PBT) 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.

Permian Basin Royalty Trust Debt-to-Equity Related Terms

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Permian Basin Royalty Trust (Permian Basin Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Permian Basin Royalty Trust (NYSE:PBT) » Definitions » Debt-to-Equity

Comparable Companies

TK OSG EE TNP NGL SMLP BROG DLNG MMLP IMPP TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

N/A

Address

2911 Turtle Creek Boulevard, Suite 850, Dallas, TX, USA, 75219

Website

https://www.pbt-permian.com

Permian Basin Royalty Trust is an express trust. The company's underlying properties include Waddell Ranch Properties in which the trust holds mineral interest as well as royalty interests in mature producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole and others across Texas. The company earns revenue in form of royalties received through its properties.

Executives

Burlington Resources Oil & Gas Co Lp

10 percent owner

717 TEXAS AVENUE, SUITE 2100, HOUSTON TX 77002