Etablissements Maurel & Prom (XPAR:MAU) Debt-to-Equity : 0.22 (As of Dec. 2023)

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What is Etablissements Maurel & Prom Debt-to-Equity?

Etablissements Maurel & Prom's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €58.7 Mil. Etablissements Maurel & Prom's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €149.3 Mil. Etablissements Maurel & Prom's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €934.4 Mil. Etablissements Maurel & Prom's debt to equity for the quarter that ended in Dec. 2023 was 0.22.

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 Etablissements Maurel & Prom's Debt-to-Equity or its related term are showing as below:

XPAR:MAU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.68 Max: 1.15
Current: 0.22

During the past 13 years, the highest Debt-to-Equity Ratio of Etablissements Maurel & Prom was 1.15. The lowest was 0.22. And the median was 0.68.

XPAR:MAU's Debt-to-Equity is ranked better than
68.62% of 835 companies
in the Oil & Gas industry
Industry Median: 0.45 vs XPAR:MAU: 0.22

Etablissements Maurel & Prom Debt-to-Equity Historical Data

The historical data trend for Etablissements Maurel & Prom'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.

Etablissements Maurel & Prom Debt-to-Equity Chart

Etablissements Maurel & Prom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.62

1.15

0.80

0.40

0.22

Etablissements Maurel & Prom Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.80	0.58	0.40	0.38	0.22

Competitive Comparison of Etablissements Maurel & Prom's Debt-to-Equity

For the Oil & Gas E&P subindustry, Etablissements Maurel & Prom'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.

Etablissements Maurel & Prom's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Etablissements Maurel & Prom's Debt-to-Equity falls into.

Etablissements Maurel & Prom Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Etablissements Maurel & Prom'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
	=	(58.666	+	149.301)	/	934.396
	=	0.22

Etablissements Maurel & Prom'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
	=	(58.666	+	149.301)	/	934.396
	=	0.22

Etablissements Maurel & Prom (XPAR:MAU) 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.

Etablissements Maurel & Prom Debt-to-Equity Related Terms

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Etablissements Maurel & Prom (XPAR:MAU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Etablissements Maurel & Prom (XPAR:MAU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ETX:Germany

Address

51, rue d'Anjou, Paris, FRA, 75008

Website

http://www.maureletprom.fr

Etablissements Maurel & Prom is a part of the oil & gas industry in France. It specializes in the extraction and production of hydrocarbons. Its activities are split into three segments, namely Exploration, Production, and Drilling. The production of hydrocarbons being its primary activity generates the bulk of the company's revenues. The Production segment focuses on the production of hydrocarbons in Gabon (oil) and Tanzania. The Drilling segment is known for its ownership of a fleet of drilling rigs. The company's revenue is generated through its activities in Africa.

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