Padma Oil Co (DHA:PADMAOIL) Debt-to-Equity

: 0.01 (As of Dec. 2023)

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Padma Oil Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT0 Mil. Padma Oil Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT183 Mil. Padma Oil Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was BDT21,611 Mil. Padma Oil Co's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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

DHA:PADMAOIL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.02
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Padma Oil Co was 0.02. The lowest was 0.01. And the median was 0.01.

DHA:PADMAOIL's Debt-to-Equity is ranked better than
99.88% of 830 companies
in the Oil & Gas industry
Industry Median: 0.435 vs DHA:PADMAOIL: 0.01

Padma Oil Co Debt-to-Equity Historical Data

The historical data trend for Padma Oil Co'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.

Padma Oil Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.01

Padma Oil Co 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															0.01	0.01	0.01	0.01	0.01

Competitive Comparison

For the Oil & Gas Refining & Marketing subindustry, Padma Oil Co'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.

Padma Oil Co Debt-to-Equity Distribution

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

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

Padma Oil Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Padma Oil Co'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
	=	(0	+	183.463)	/	19986.752
	=	0.01

Padma Oil Co'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	+	183.463)	/	21611
	=	0.01

Padma Oil Co (DHA:PADMAOIL) 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.

Padma Oil Co Debt-to-Equity Related Terms

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Padma Oil Co (DHA:PADMAOIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Padma Oil Co Ltd (DHA:PADMAOIL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Strand Road, Padma Bhaban, Sadarghat, Chattogram, BGD, 4000

Website

http://www.pocl.gov.bd

Padma Oil Co Ltd is engaged in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG. The company operates in five segments namely Petroleum products: Includes the company's earnings from marketing of Petroleum products; Lubricating Oil & Grease: Includes the company's income from treading lubricating oil & grease; Bitumen: Includes the company's earnings from marketing of bitumen; LPG: Includes the company's earnings from marketing of LPG; and Agro-Chemicals products: Includes the company's income from trading imported Agro-Chemicals products. The company derives maximum revenue from Petroleum Products segment. It is also engaged in the production and marketing of agrochemical segment.

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