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Shoreline Energy (FRA:SL0) Debt-to-Equity : -0.92 (As of Sep. 2015)


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What is Shoreline Energy Debt-to-Equity?

Shoreline Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was €11.42 Mil. Shoreline Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was €0.00 Mil. Shoreline Energy's Total Stockholders Equity for the quarter that ended in Sep. 2015 was €-12.41 Mil. Shoreline Energy's debt to equity for the quarter that ended in Sep. 2015 was -0.92.

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

FRA:SL0's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.45
* Ranked among companies with meaningful Debt-to-Equity only.

Shoreline Energy Debt-to-Equity Historical Data

The historical data trend for Shoreline 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.

Shoreline Energy Debt-to-Equity Chart

Shoreline Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-Equity
- 0.47 1.09 1.32 -8.73

Shoreline Energy Quarterly Data
Sep10 Dec10 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.08 -8.73 -2.21 -1.39 -0.92

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

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


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

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

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



Shoreline Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shoreline Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Shoreline Energy's Debt to Equity Ratio for the quarter that ended in Sep. 2015 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.


Shoreline Energy  (FRA:SL0) 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.


Shoreline Energy Debt-to-Equity Related Terms

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


Shoreline Energy (FRA:SL0) Business Description

Traded in Other Exchanges
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Address
Shoreline Energy Corp. is a Canadian junior crude oil & natural gas exploration and production company. The Company is engaged in the business of exploring for, developing and producing crude oil and natural gas in Alberta.

Shoreline Energy (FRA:SL0) Headlines

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