Nexera Energy (Nexera Energy) Debt-to-Equity

: -0.42 (As of Sep. 2023)

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Nexera Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $8.24 Mil. Nexera Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Nexera Energy's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-19.49 Mil. Nexera Energy's debt to equity for the quarter that ended in Sep. 2023 was -0.42.

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

EMBYF' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.58 Med: -0.52 Max: -0.37
Current: -0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Nexera Energy was -0.37. The lowest was -1.58. And the median was -0.52.

EMBYF's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.435 vs EMBYF: -0.42

Nexera Energy Debt-to-Equity Historical Data

The historical data trend for Nexera 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.

Nexera Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

-1.15

-0.80

-0.65

-0.53

-0.47

Nexera Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity																-0.46	-0.47	-0.41	-0.44	-0.42

Competitive Comparison

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

Nexera Energy Debt-to-Equity Distribution

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

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

Nexera Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nexera Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(7.46	+	0)	/	-15.972
	=	-0.47

Nexera Energy's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(8.235	+	0)	/	-19.492
	=	-0.42

Nexera Energy (OTCPK:EMBYF) 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.

Nexera Energy Debt-to-Equity Related Terms

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Nexera Energy (Nexera Energy) Business Description

Industry

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NGY:Canada

Address

54th Street South East, Suite 11411, Calgary, AB, CAN, T2C 5R9

Website

https://www.nexeraenergy.com

Nexera Energy Inc is a Canada based company with oil-producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, in Alberta, Canada and Texas, USA. The company derives revenue from the sale of crude oil, natural gas, and natural gas liquids, of which key revenue is earned from the sale of crude oil.