Nostra Terra Oil & Gas Co (LSE:NTOG) Debt-to-Equity : -4.39 (As of Jun. 2023)

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What is Nostra Terra Oil & Gas Co Debt-to-Equity?

Nostra Terra Oil & Gas Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £0.13 Mil. Nostra Terra Oil & Gas Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £3.33 Mil. Nostra Terra Oil & Gas Co's Total Stockholders Equity for the quarter that ended in Jun. 2023 was £-0.79 Mil. Nostra Terra Oil & Gas Co's debt to equity for the quarter that ended in Jun. 2023 was -4.39.

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 Nostra Terra Oil & Gas Co's Debt-to-Equity or its related term are showing as below:

LSE:NTOG' s Debt-to-Equity Range Over the Past 10 Years
Min: -41.4 Med: -1.63 Max: 79.35
Current: -4.39

During the past 13 years, the highest Debt-to-Equity Ratio of Nostra Terra Oil & Gas Co was 79.35. The lowest was -41.40. And the median was -1.63.

LSE:NTOG's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.45 vs LSE:NTOG: -4.39

Nostra Terra Oil & Gas Co Debt-to-Equity Historical Data

The historical data trend for Nostra Terra Oil & Gas Co'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.

Nostra Terra Oil & Gas Co Debt-to-Equity Chart

Nostra Terra Oil & Gas Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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-9.08

-5.11

-5.04

-3.36

-3.68

Nostra Terra Oil & Gas Co Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															-41.40	-3.36	-4.38	-3.68	-4.39

Competitive Comparison of Nostra Terra Oil & Gas Co's Debt-to-Equity

For the Oil & Gas E&P subindustry, Nostra Terra Oil & Gas Co'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.

Nostra Terra Oil & Gas Co's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Nostra Terra Oil & Gas Co's Debt-to-Equity falls into.

Nostra Terra Oil & Gas Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nostra Terra Oil & Gas Co'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
	=	(0.077	+	3.19)	/	-0.889
	=	-3.67

Nostra Terra Oil & Gas Co'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
	=	(0.13	+	3.329)	/	-0.788
	=	-4.39

Nostra Terra Oil & Gas Co (LSE:NTOG) 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.

Nostra Terra Oil & Gas Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Nostra Terra Oil & Gas Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Nostra Terra Oil & Gas Co (LSE:NTOG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Nostra Terra Oil & Gas Co PLC (LSE:NTOG) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

LMU1:Germany

Address

London Wall, Salisbury House, London, GBR, EC2M 5PS

Website

http://www.ntog.co.uk

Nostra Terra Oil & Gas Co PLC is a London-based oil and gas exploration and production company. The principal activities of the company comprise the exploration of oil and gas, development, production, and sale of hydrocarbon resources. The company presently focuses on the U.S mid-continent and Egypt. It owns and operates producing assets in East Texas and West Texas (Permian Basin) and has operations in the Western Desert of Egypt.

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