Afentra (LSE:AET) Debt-to-Equity : 0.43 (As of Dec. 2024)

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What is Afentra Debt-to-Equity?

Afentra's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was £9.0 Mil. Afentra's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was £24.4 Mil. Afentra's Total Stockholders Equity for the quarter that ended in Dec. 2024 was £78.0 Mil. Afentra's debt to equity for the quarter that ended in Dec. 2024 was 0.43.

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

LSE:AET' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.66
Current: 0.43

During the past 13 years, the highest Debt-to-Equity Ratio of Afentra was 0.66. The lowest was 0.01. And the median was 0.01.

LSE:AET's Debt-to-Equity is ranked better than
50.85% of 822 companies
in the Oil & Gas industry
Industry Median: 0.43 vs LSE:AET: 0.43

Afentra Debt-to-Equity Historical Data

The historical data trend for Afentra'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.

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Afentra Debt-to-Equity Chart

Afentra Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.01

0.66

0.43

Afentra Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.48	0.66	0.86	0.43

Competitive Comparison of Afentra's Debt-to-Equity

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

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

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

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

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Afentra Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Afentra's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 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
	=	(8.992	+	24.387)	/	78.016
	=	0.43

Afentra's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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
	=	(8.992	+	24.387)	/	78.016
	=	0.43

Afentra (LSE:AET) 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.

Afentra Debt-to-Equity Related Terms

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Afentra Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Afentra PLC (LSE:AET) » Definitions » Debt-to-Equity

Comparable Companies

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STGAF:USA SEY.GB:UK TB8A:Germany

Address

10 St Bride Street, London, GBR, EC4A 4AD

Website

https://www.afentraplc.com

Afentra PLC is an upstream oil and gas company in the United Kingdom with a focus on exploring opportunities across Africa. Its purpose is to support the energy transition in Africa by establishing itself as a credible partner for divesting IOCs and Host Governments. It holds a non-operated interest in several key blocks. The group has a non-operated interest in producing Block 3/05, as well as in the adjacent development Block 3/05A in the Lower Congo Basin, Angola. Additionally, it holds a non-operating interest in the exploration of Block 23 in the Kwanza Basin. Onshore Angola, Afentra has a non-operated interest in Block KON 19, located in the western part of the Onshore Kwanza Basin. It also has a carried interest in the Odewayne Block, located onshore in southwestern Somaliland.