GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Battalion Oil Corp (AMEX:BATL) » Definitions » Debt-to-Equity

Battalion Oil (Battalion Oil) Debt-to-Equity : 1.13 (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Battalion Oil Debt-to-Equity?

Battalion Oil's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $57.1 Mil. Battalion Oil's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $140.8 Mil. Battalion Oil's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $174.6 Mil. Battalion Oil's debt to equity for the quarter that ended in Dec. 2023 was 1.13.

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

BATL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38   Med: 1.99   Max: 55.21
Current: 1.13

During the past 13 years, the highest Debt-to-Equity Ratio of Battalion Oil was 55.21. The lowest was 0.38. And the median was 1.99.

BATL's Debt-to-Equity is ranked worse than
78.87% of 833 companies
in the Oil & Gas industry
Industry Median: 0.45 vs BATL: 1.13

Battalion Oil Debt-to-Equity Historical Data

The historical data trend for Battalion Oil'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.

Battalion Oil Debt-to-Equity Chart

Battalion Oil 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 0.49 1.87 2.96 2.67 1.13

Battalion Oil 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 2.67 2.10 2.16 5.08 1.13

Competitive Comparison of Battalion Oil's Debt-to-Equity

For the Oil & Gas E&P subindustry, Battalion Oil'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.


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

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

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



Battalion Oil Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Battalion Oil'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.


Battalion Oil  (AMEX:BATL) 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.


Battalion Oil Debt-to-Equity Related Terms

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


Battalion Oil (Battalion Oil) Business Description

Traded in Other Exchanges
Address
3505 West Sam Houston Parkway North, Suite 300, Houston, TX, USA, 77043
Battalion Oil Corp is an independent oil and gas producer operating exclusively in the Delaware Basin. It is an independent energy company focused on the acquisition, production, exploration, and development of onshore liquids-rich oil and natural gas assets in the United States. The company operates in one segment which focuses on oil and natural gas acquisition, production, exploration, and development.
Executives
Ajay Jegadeesan director 3505 WEST SAM HOUSTON PARKWAY N, HOUSTON TX 77043
Matthew Steele officer: CEO 3505 WEST SAM HOUSTON PARKWAY N, STE 300, HOUSTON TX 77043
Oaktree Capital Group Holdings Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Brookfield Asset Management Inc. 10 percent owner BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Gen Iv Investment Opportunities, Llc 10 percent owner 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Lsp Investment Advisors, Llc 10 percent owner 1700 BROADWAY, FL. 35, NEW YORK NY 10019
Lsp Generation Iv, Llc 10 percent owner 1700 BROADWAY, FLOOR 35, NEW YORK X1 10019
Bam Partners Trust 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Kristen Mcwatters officer: EVP, CFO & Treasurer 801 LOUISIANA, SUITE 700, HOUSTON TX 77002
Richard Kevin Andrews officer: EVP, CFO and Treasurer 1000 LOUISIANA ST, SUITE 6600, HOUSTON TX 77002
Richard H Little officer: Chief Executive Officer 1000 LOUISIANA STREET, SUITE 1500, HOUSTON TX 77002
Daniel P Rohling officer: Chief Operating Officer 1000 LOUISIANA ST, SUITE 6600, HOUSTON TX 77002
William D Rogers director P O BOX 30150, RENO NV 89520
Leah R. Kasparek officer: VP, Human Resources 1000 LOUISIANA STREEET, SUITE 6700, HOUSTON TX 77002
Gregory S. Hinds director 1875 LAWRENCE STREET, SUITE 200, DENVER CO 80202