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Enservco (Enservco) Debt-to-Equity : -16.48 (As of Dec. 2023)


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What is Enservco Debt-to-Equity?

Enservco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.55 Mil. Enservco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.88 Mil. Enservco's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.57 Mil. Enservco's debt to equity for the quarter that ended in Dec. 2023 was -16.48.

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

ENSV' s Debt-to-Equity Range Over the Past 10 Years
Min: -16.48   Med: 2.38   Max: 11.16
Current: -16.48

During the past 13 years, the highest Debt-to-Equity Ratio of Enservco was 11.16. The lowest was -16.48. And the median was 2.38.

ENSV's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.44 vs ENSV: -16.48

Enservco Debt-to-Equity Historical Data

The historical data trend for Enservco'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.

Enservco Debt-to-Equity Chart

Enservco 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 -15.34 10.01 3.12 11.16 -16.48

Enservco 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 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 11.16 2.62 2.37 6.44 -16.48

Competitive Comparison of Enservco's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Enservco'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.


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

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

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



Enservco Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Enservco's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Enservco  (AMEX:ENSV) 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.


Enservco Debt-to-Equity Related Terms

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


Enservco (Enservco) Business Description

Traded in Other Exchanges
Address
14133 County Road 9 1/2, Longmont, CO, USA, 80504
Enservco Corp operates in the oil and gas industry. It offers well enhancement and fluid management services to the domestic onshore oil and natural gas industry. The services include frac water heating, hot oiling, pressure testing, acidizing, bacteria and scale treatment, freshwater and saltwater hauling, fluid disposal, frac tank rental, well site construction, and other general oil field services. The company's reportable business segments are Production Services and Completion and Other Services. It operates in geographically diverse regions of the United States.
Executives
Steve A Weyel director 1021 MAIN, SUITE 2626, HOUSTON TX 77002
Kevin Chesser director 14133 COUNTY ROAD 9 1/2, LONGMONT CO 80504
Mark Patterson officer: Chief Financial Officer 14133 COUNTY ROAD 9 1/2, LONGMONT CO 80504
Donovan Kelly officer: Principal Accounting Officer 14133 COUNTY ROAD 9 1/2, LONGMONT CO 80504
Marjorie Anne Hargrave officer: Chief Financial Officer 999 18TH STREET, SUITE 1925N, DENVER CO 80202
Ian Dickinson director, officer: President and CEO 501 SOUTH CHERRY STREET, SUITE 1000, DENVER CO 80246
William A Jolly director 163 PINEWOOD TRAIL, TRUMBULL CT 06611
Kevin Kersting officer: Chief Operating Officer 501 SOUTH CHERRY STREET, SUITE 1000, DENVER CO 80246
Dustin Riley Bradford officer: Chief Accounting Officer 1837 S WASHINGTON ST, DENVER CO 80210
Cross River Capital Management Llc 10 percent owner 31 BAILEY AVENUE, UNIT D, RIDGEFIELD CT 06877
Tucker L Franciscus officer: Chief Financial Officer C/O PYR ENERGY CORP, 1675 BROADWAY - SUITE 2450, DENVER CO 80202
Austin Peitz officer: V-P Field Operations 501 S. CHERRY STREET, SUITE 320, DENVER CO 80246
Christopher D. Haymons director 210 UNIVERSITY BOULEVARD, SUITE 650, DENVER CO 80206
Rick D Kasch officer: President & CFO 830 TENDERFOOT HILL ROAD, P.O. BOX 60460, COLORADO SPRINGS CO 80960
Steven P Oppenheim director

Enservco (Enservco) Headlines

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