Buru Energy (Buru Energy) Debt-to-Equity

: 0.20 (As of Jun. 2023)

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

Buru Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1.13 Mil. Buru Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.76 Mil. Buru Energy's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $9.28 Mil. Buru Energy's debt to equity for the quarter that ended in Jun. 2023 was 0.20.

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

BRNGF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.06 Max: 0.24
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Buru Energy was 0.24. The lowest was 0.05. And the median was 0.06.

BRNGF's Debt-to-Equity is ranked better than
89.09% of 834 companies
in the Oil & Gas industry
Industry Median: 0.44 vs BRNGF: 0.06

Buru Energy Debt-to-Equity Historical Data

The historical data trend for Buru 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.

Buru Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.06

0.05

0.19

0.06

Buru 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																0.05	0.04	0.19	0.20	0.06

Competitive Comparison

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

Buru Energy Debt-to-Equity Distribution

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

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

Buru Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Buru 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
	=	(0.301	+	0.632)	/	15.525
	=	0.06

Buru Energy's Debt to Equity Ratio for the quarter 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
	=	(1.13	+	0.757)	/	9.281
	=	0.20

Buru Energy (OTCPK:BRNGF) 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.

Buru Energy Debt-to-Equity Related Terms

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

Buru Energy (Buru Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Buru Energy Ltd (OTCPK:BRNGF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BRU:Australia

Address

16 Ord Street, Level 2, West Perth, WA, AUS, 6005

Website

https://www.buruenergy.com

Buru Energy Ltd is engaged in oil and gas exploration and production in the Canning Basin in the northwest of Western Australia. The group is divided into two reportable segments: Oil Production segment which includes development and production of the Ungani Oilfield. Exploration segment, the exploration program is focused on prospects along the Ungani oil trend, the Yulleroo area where gas resources have been identified in the Laurel Formation, the Lennard Shelf area including the shut-in Blina and Sundown Oilfields. The other segment is the Energy Transition segment.

Buru Energy (Buru Energy) Headlines

From GuruFocus

Buru Energy Ltd at Vertical Events RIU Good Oil & Gas Energy Transcript

By GuruFocus Research • 02-13-2024