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Daybreak Oil & Gas (Daybreak Oil & Gas) Debt-to-Equity : 0.17 (As of Feb. 2023)


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What is Daybreak Oil & Gas Debt-to-Equity?

Daybreak Oil & Gas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2023 was $0.42 Mil. Daybreak Oil & Gas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2023 was $0.12 Mil. Daybreak Oil & Gas's Total Stockholders Equity for the quarter that ended in Feb. 2023 was $3.21 Mil. Daybreak Oil & Gas's debt to equity for the quarter that ended in Feb. 2023 was 0.17.

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

DBRM's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.435
* Ranked among companies with meaningful Debt-to-Equity only.

Daybreak Oil & Gas Debt-to-Equity Historical Data

The historical data trend for Daybreak Oil & Gas'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.

Daybreak Oil & Gas Debt-to-Equity Chart

Daybreak Oil & Gas Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.35 -0.34 -0.33 -0.47 0.17

Daybreak Oil & Gas Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 -0.47 0.11 0.11 0.12 0.17

Competitive Comparison of Daybreak Oil & Gas's Debt-to-Equity

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


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

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

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



Daybreak Oil & Gas Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Daybreak Oil & Gas's Debt to Equity Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Daybreak Oil & Gas's Debt to Equity Ratio for the quarter that ended in Feb. 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.


Daybreak Oil & Gas  (OTCPK:DBRM) 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.


Daybreak Oil & Gas Debt-to-Equity Related Terms

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


Daybreak Oil & Gas (Daybreak Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
1101 North Argonne Road, Suite A 211, Spokane Valley, WA, USA, 99212
Daybreak Oil & Gas Inc is a United States-based independent oil and natural gas company engaged in the exploration, development, and production of crude oil and natural gas. It is developing its shallow oil reserves, where it owns a 3-D seismic survey under lease in Kern County, California, and Michigan. The company's operational projects include the East Slopes Project and the Michigan Basin Project.
Executives
Gaelic Resources Ltd 10 percent owner 14 ALBERT STREET, DOUGLAS Y8 IM1 2QA
Darren Williams director 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
James F Westmoreland director, 10 percent owner, officer: President & CEO 1101 N. ARGONNE ROAD, SUITE A 211, SPOKANE VALLEY WA 99212
James F. Meara director C/O 601 W. MAIN AVENUE, SUITE 1012, SPOKANE WA 99201
Timothy R Lindsey director 1101 N. ARGONNE ROAD, SUITE A211, SPOKANE VALLEY WA 99212
Maximilian Investors Llc 10 percent owner 152 WEST 57TH STREET, 54TH FLOOR, NEW YORK NY 10019
Wayne G Dotson director 601 W. MAIN AVE., SUITE 1012, SPOKANE WA 99201
Karol Lynn Adams officer: Corporate Secretary DAYBREAK OIL AND GAS, INC., 601 WEST MAIN AVE., SUITE 1012, SPOKANE WA 99201
Anna Moe other: Spouse of director 8305 NORTH COLTON PLACE, SPOKANE WA 99208
Keith Hooper 10 percent owner 1529 WEST ADAMS STREET, CHICAGO IL 60607
Benjamin Wade Anderson officer: Chief Operating Officer 1023 E 760 S, OREM UT 84097
Eric Moe officer: Chief Executive Officer 8305 NORTH COLTON PLACE, SPOKANE WA 99208
Robert N Martin director, officer: President 621 B 37 STREET SW, CALGARY A0 T3C 1R8
Jeffrey Robert Dworkin director, officer: Secretary 320 1001 13 AVENUE SW, CALGARY A0 T2R 0L5
Curtis Michael Charles Peter director 161 DES CEDRES, ST. EUSTACHE A8 J6R 4V7

Daybreak Oil & Gas (Daybreak Oil & Gas) Headlines

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