Oil Search (Oil Search) Debt-to-Equity : 0.53 (As of Jun. 2021)

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What is Oil Search Debt-to-Equity?

Oil Search's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $443 Mil. Oil Search's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $2,557 Mil. Oil Search's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $5,684 Mil. Oil Search's debt to equity for the quarter that ended in Jun. 2021 was 0.53.

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

OISHY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.63 Max: 1.18
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Oil Search was 1.18. The lowest was 0.11. And the median was 0.63.

OISHY's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.44 vs OISHY: 0.53

Oil Search Debt-to-Equity Historical Data

The historical data trend for Oil Search'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.

Oil Search Debt-to-Equity Chart

Oil Search Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

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0.86

0.76

0.66

0.72

0.59

Oil Search Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Debt-to-Equity	Get a 7-Day Free Trial															0.68	0.72	0.63	0.59	0.53

Competitive Comparison of Oil Search's Debt-to-Equity

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

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

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

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

Oil Search Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oil Search's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(725.376	+	2581.418)	/	5570.299
	=	0.59

Oil Search's Debt to Equity Ratio for the quarter that ended in Jun. 2021 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
	=	(442.925	+	2556.546)	/	5683.682
	=	0.53

Oil Search (OTCPK:OISHY) 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.

Oil Search Debt-to-Equity Related Terms

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

Oil Search (Oil Search) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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Address

Ground Floor, Harbourside East Building, Stanley Esplanade, PO Box 842, National Capital District, Port Moresby, PNG, NCD 121

Website

http://www.oilsearch.com

Oil Search was founded in 1929 and operates all of Papua New Guinea's oilfields. The PNG government holds a 10% interest. Oil Search had successfully run PNG oilfields since assuming operatorship from ExxonMobil in 2003. However, the tyranny of distance saw the large and high-quality gas fields largely stranded until 2014. The PNG LNG project is the first step to monetise those vast gas resources, again under the direction of ExxonMobil. First-stage construction is complete, with potential for expansion from two trains to five.

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