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Obsidian Energy (STU:P13A) Debt-to-Equity : 0.17 (As of Mar. 2024)


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What is Obsidian Energy Debt-to-Equity?

Obsidian Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1.2 Mil. Obsidian Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €192.6 Mil. Obsidian Energy's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,118.5 Mil. Obsidian Energy's debt to equity for the quarter that ended in Mar. 2024 was 0.17.

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

STU:P13A' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14   Med: 0.36   Max: 1.53
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Obsidian Energy was 1.53. The lowest was 0.14. And the median was 0.36.

STU:P13A's Debt-to-Equity is ranked better than
74.82% of 826 companies
in the Oil & Gas industry
Industry Median: 0.45 vs STU:P13A: 0.17

Obsidian Energy Debt-to-Equity Historical Data

The historical data trend for Obsidian 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.

Obsidian Energy Debt-to-Equity Chart

Obsidian Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 1.43 0.52 0.15 0.14

Obsidian Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.17 0.17 0.15 0.14 0.17

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

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


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

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

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



Obsidian Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Obsidian Energy's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Obsidian Energy  (STU:P13A) 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.


Obsidian Energy Debt-to-Equity Related Terms

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


Obsidian Energy (STU:P13A) Business Description

Traded in Other Exchanges
Address
207 - 9th Avenue SW, Suite 200, Calgary, AB, CAN, T2P 1K3
Obsidian Energy Ltd, is an intermediate-sized oil and gas producer with strategic assets in Alberta. It operates in a single reporting segment that is exploration, development and holding an interest in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. The company generates the majority of the revenue from the Crude oil sale.

Obsidian Energy (STU:P13A) Headlines

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