Beach Energy (ASX:BPT) Debt-to-Equity : 0.21 (As of Dec. 2023)

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What is Beach Energy Debt-to-Equity?

Beach Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$259 Mil. Beach Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$462 Mil. Beach Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$3,489 Mil. Beach Energy's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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

ASX:BPT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.1 Max: 0.5
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Beach Energy was 0.50. The lowest was 0.03. And the median was 0.10.

ASX:BPT's Debt-to-Equity is ranked better than
69.28% of 830 companies
in the Oil & Gas industry
Industry Median: 0.435 vs ASX:BPT: 0.21

Beach Energy Debt-to-Equity Historical Data

The historical data trend for Beach 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.

Beach Energy Debt-to-Equity Chart

Beach Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.04

0.09

0.03

0.11

Beach Energy 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															0.07	0.03	0.06	0.11	0.21

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

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

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

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

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

Beach Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beach Energy's Debt to Equity Ratio for the fiscal year 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
	=	(11	+	397.5)	/	3877.9
	=	0.11

Beach 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
	=	(259	+	461.7)	/	3489
	=	0.21

Beach Energy (ASX:BPT) 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.

Beach Energy Debt-to-Equity Related Terms

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Beach Energy (ASX:BPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Beach Energy Ltd (ASX:BPT) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

BEPTF:USA BPS:Germany

Address

80 Flinders Street, Level 8, Adelaide, SA, AUS, 5000

Website

https://www.beachenergy.com.au

Beach produces oil, gas, and gas liquids from numerous joint ventures in the onshore Cooper and Eromanga basins. Beach merged with Cooper Basin joint-venture partner Drillsearch Energy Limited in March 2016, which increased equity production to about 10 million barrels of oil equivalent. This more than doubled to over 20 million barrels of oil equivalent following the successful purchase of Lattice from Origin Energy in 2018. The average field life is 10 years based on forecast production and 255 mmboe of proven and probable reserves. We credit life of around 15 years, assuming substantial conversion of 2C contingent resources into reserve category with drilling. Shale gas resources are blue-sky.