Oracle Energy (FRA:O2E) Debt-to-Equity : -0.45 (As of Dec. 2023)

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What is Oracle Energy Debt-to-Equity?

Oracle Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.18 Mil. Oracle Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.03 Mil. Oracle Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €-0.46 Mil. Oracle Energy's debt to equity for the quarter that ended in Dec. 2023 was -0.45.

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

FRA:O2E' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.93 Med: -0.55 Max: 14.63
Current: -0.45

During the past 13 years, the highest Debt-to-Equity Ratio of Oracle Energy was 14.63. The lowest was -0.93. And the median was -0.55.

FRA:O2E's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.45 vs FRA:O2E: -0.45

Oracle Energy Debt-to-Equity Historical Data

The historical data trend for Oracle 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.

Oracle Energy Debt-to-Equity Chart

Oracle Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.09

-0.62

14.77

-0.93

-0.45

Oracle Energy 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															-0.93	-0.76	-0.65	-0.58	-0.45

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

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

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

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

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

Oracle Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oracle Energy'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
	=	(0.18	+	0.027)	/	-0.458
	=	-0.45

Oracle 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
	=	(0.18	+	0.027)	/	-0.458
	=	-0.45

Oracle Energy (FRA:O2E) 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.

Oracle Energy Debt-to-Equity Related Terms

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

Oracle Energy (FRA:O2E) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

OEC.H:Canada

Address

1040 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6E 4H1

Website

https://www.oracleenergy.com

Oracle Energy Corp is a junior oil and gas development company. It is engaged in acquiring, exploring, and evaluating oil and gas properties and developing these properties further or disposing of them when the evaluation is completed. The company operates in one business segment Oil and gas exploration.

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