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Crew Energy (Crew Energy) Debt-to-Equity

: 0.06 (As of Dec. 2023)
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Crew Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Crew Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $56.3 Mil. Crew Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $973.5 Mil. Crew Energy's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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

CWEGF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.32   Max: 0.47
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Crew Energy was 0.47. The lowest was 0.06. And the median was 0.32.

CWEGF's Debt-to-Equity is ranked better than
88.85% of 834 companies
in the Oil & Gas industry
Industry Median: 0.43 vs CWEGF: 0.06

Crew Energy Debt-to-Equity Historical Data

The historical data trend for Crew 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.

Crew Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.47 0.41 0.15 0.06

Crew Energy 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 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 Premium Member Only Premium Member Only Premium Member Only 0.15 0.14 0.02 0.04 0.06
Competitive Comparison

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

Crew Energy Debt-to-Equity Distribution

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

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


Crew Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Crew 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 + 56.288) / 973.494
=0.06

Crew 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
=(0 + 56.288) / 973.494
=0.06

* 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.

Crew Energy  (OTCPK:CWEGF) 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.

Crew Energy Debt-to-Equity Related Terms

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

Crew Energy (Crew Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Crew Energy Inc (OTCPK:CWEGF) » Definitions » Debt-to-Equity
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Traded in Other Exchanges
C5X:Germany CR:Canada
Address
250 - 5th Street South West, Suite 800, Calgary, AB, CAN, T2P 0R4
Website
https://www.crewenergy.com
Crew Energy Inc is an oil and gas exploration, development, and production company based in Calgary, Alberta, Canada. It conducts its operations in the Western Canada Sedimentary basin, focused in the province of British Columbia. The majority of the Company's petroleum and natural gas sales are conducted in Canada.