Tlou Energy (ASX:TOU) Debt-to-Equity : 0.21 (As of Dec. 2023)

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What is Tlou Energy Debt-to-Equity?

Tlou Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.02 Mil. Tlou Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$12.02 Mil. Tlou Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$56.66 Mil. Tlou Energy's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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 Tlou Energy's Debt-to-Equity or its related term are showing as below:

ASX:TOU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.15 Max: 0.21
Current: 0.21

During the past 9 years, the highest Debt-to-Equity Ratio of Tlou Energy was 0.21. The lowest was 0.00. And the median was 0.15.

ASX:TOU's Debt-to-Equity is ranked better than
69.74% of 836 companies
in the Oil & Gas industry
Industry Median: 0.445 vs ASX:TOU: 0.21

Tlou Energy Debt-to-Equity Historical Data

The historical data trend for Tlou 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.

Tlou Energy Debt-to-Equity Chart

Tlou Energy Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.15

0.17

Tlou Energy Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial														-	0.15	0.15	0.17	0.21

Competitive Comparison of Tlou Energy's Debt-to-Equity

For the Oil & Gas E&P subindustry, Tlou 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.

Tlou Energy's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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

Tlou Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tlou Energy's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.016	+	10.124)	/	58.409
	=	0.17

Tlou 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
	=	(0.017	+	12.018)	/	56.659
	=	0.21

Tlou Energy (ASX:TOU) 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.

Tlou Energy Debt-to-Equity Related Terms

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

Tlou Energy (ASX:TOU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tlou Energy Ltd (ASX:TOU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TLOU:UK 55L:Germany TLOU:Botswana

Address

210 Alice Street, Brisbane, QLD, AUS, 4000

Website

https://www.tlouenergy.com

Tlou Energy Ltd is an Australia-based company. Its principal business includes the exploration and evaluation of Coalbed Methane (CBM) natural gas and the development of solar power generation. CBM and solar power can operate as standalone projects or as a hybrid solar and gas solution to provide cleaner baseload power.

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