Pipestone Energy (FRA:2LA) Debt-to-Equity : 0.33 (As of Jun. 2023)

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What is Pipestone Energy Debt-to-Equity?

Pipestone Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €5.9 Mil. Pipestone Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €161.3 Mil. Pipestone Energy's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €503.1 Mil. Pipestone Energy's debt to equity for the quarter that ended in Jun. 2023 was 0.33.

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

FRA:2LA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.51 Max: 0.68
Current: 0.33

During the past 5 years, the highest Debt-to-Equity Ratio of Pipestone Energy was 0.68. The lowest was 0.22. And the median was 0.51.

FRA:2LA's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.45 vs FRA:2LA: 0.33

Pipestone Energy Debt-to-Equity Historical Data

The historical data trend for Pipestone 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.

Pipestone Energy Debt-to-Equity Chart

Pipestone Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.47

0.59

0.54

0.61

0.31

Pipestone Energy Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.41	0.38	0.31	0.28	0.33

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

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

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

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

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

Pipestone Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pipestone Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(5.396	+	141.618)	/	474.934
	=	0.31

Pipestone Energy's Debt to Equity Ratio for the quarter 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
	=	(5.874	+	161.319)	/	503.146
	=	0.33

Pipestone Energy (FRA:2LA) 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.

Pipestone Energy Debt-to-Equity Related Terms

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Pipestone Energy (FRA:2LA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pipestone Energy Corp (FRA:2LA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

888 - 3rd Street SW, Suite 3700, Calgary, AB, CAN, T2P 5C5.

Website

https://www.pipestonecorp.com

Pipestone Energy Corp is engaged in the responsible exploration for, and development and production of, oil and natural gas liquids (including condensate, pentane, butane, propane and ethane) and natural gas in Western Canada, with substantially all of its activities and assets focused in the Montney resource play in Alberta. The Company recognizes revenue from the sale of commodities, which include liquids and natural gas.

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