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New Concept Energy (New Concept Energy) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is New Concept Energy Debt-to-Equity?

New Concept Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. New Concept Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. New Concept Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4.56 Mil. New Concept Energy's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of New Concept Energy was 0.56. The lowest was 0.04. And the median was 0.11.

GBR's Debt-to-Equity is not ranked *
in the Real Estate industry.
Industry Median: 0.76
* Ranked among companies with meaningful Debt-to-Equity only.

New Concept Energy Debt-to-Equity Historical Data

The historical data trend for New Concept 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.

New Concept Energy Debt-to-Equity Chart

New Concept 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 0.09 0.04 - - -

New Concept Energy 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 - - - - -

Competitive Comparison of New Concept Energy's Debt-to-Equity

For the Real Estate Services subindustry, New Concept 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.

New Concept Energy's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New Concept Energy's Debt-to-Equity distribution charts can be found below:

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


New Concept Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

New Concept Energy'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
=(0 + 0) / 4.555
=0.00

New Concept Energy'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
=(0 + 0) / 4.555
=0.00

* 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.

New Concept Energy  (AMEX:GBR) 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.

New Concept Energy Debt-to-Equity Related Terms

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

New Concept Energy (New Concept Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New Concept Energy Inc (AMEX:GBR) » Definitions » Debt-to-Equity
Comparable Companies
ZDPY WEWKQ ALBT FLJ ABCP UK DUO ACAN JAMN GMPW TSE:8903 CSGP CBRE XMAD:CLNX TSE:8830 BEKE ADX:QHOLDING HKSE:01972 OSTO:AKEL D MIL:INW
Traded in Other Exchanges
N/A
Address
1603 Lyndon B Johnson Freeway, Suite 800, Dallas, TX, USA, 75234
Website
https://www.newconceptenergy.com
New Concept Energy Inc is a United States-based company engaged in Real Estate Operations. The company owns approximately 190 acres of land located in Parkersburg, West Virginia. It operates in one segment, which is real estate rental.
Executives
Realty Advisors Inc 10 percent owner 1603 LBJ FREEWAY, SUITE 300, DALLAS TX 75234
Mintbroker International, Ltd. 10 percent owner ELIZABETH AVE. & BAY STREET, NASSAU C5 N-8340
International Health Products, Inc. 10 percent owner 2010 VALLEY VIEW LANE, SUITE 250, DALLAS TX 75234
Gene S Bertcher director, officer: President and CEO 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Syntek West Inc 10 percent owner 1800 VALLEY VIEW LANE SUITE 100, DALLAS TX 75234
Syntek Acquisition Corp. 10 percent owner 1755 WITTINGTON, DALLAS TX 75234
Smith Oscar Wilbur Jr officer: Vice President & Secretary 16302 ARBOR DOWNS DRIVE, DALLAS TX 75248
Victor Lund director, 10 percent owner 818 NE 87TH AVE, VANCOUVER WA 98664
Hks Investment Corp 10 percent owner 26632 TOWNE CENTRE DRIVE #220, FOOTHILL RANCH CA 92610
Ron Finley director, officer: Chief Executive Officer 1755 WITTINGTON PLACE, SUITE 340, DALLAS TX 75234
Warrick Summit Square Inc 10 percent owner BOX 1398, ADDISON TX 75001
James E Huffstickler director
Beadle Roz Campisi director 14185 DALLAS PARKWAY SUITE 650, DALLAS TX 75254