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Carnarvon Energy (Carnarvon Energy) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Carnarvon Energy Debt-to-Equity?

Carnarvon Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.07 Mil. Carnarvon Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Carnarvon Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $175.58 Mil. Carnarvon Energy'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 Carnarvon Energy's Debt-to-Equity or its related term are showing as below:

CVONF'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.

Carnarvon Energy Debt-to-Equity Historical Data

The historical data trend for Carnarvon 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.

Carnarvon Energy Debt-to-Equity Chart

Carnarvon Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
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Carnarvon Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Carnarvon Energy's Debt-to-Equity

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


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

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

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



Carnarvon Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Carnarvon Energy's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Carnarvon Energy'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.


Carnarvon Energy  (OTCPK:CVONF) 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.


Carnarvon Energy Debt-to-Equity Related Terms

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Carnarvon Energy (Carnarvon Energy) Business Description

Traded in Other Exchanges
Address
76 Kings Park Road, 2nd Floor, West Perth, Perth, WA, AUS, 6005
Carnarvon Energy Ltd is an oil and gas exploration company. The company is primarily engaged in oil and gas exploration, development, and production. Its exploration projects include Labyrinth, Pepper, Dorado, Apus and Pavo, Buffalo, Condor and Eagle, Outtrim and Maracas, and others.

Carnarvon Energy (Carnarvon Energy) Headlines

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