Ophir Energy (Ophir Energy) Debt-to-Equity : 0.51 (As of Dec. 2018)

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What is Ophir Energy Debt-to-Equity?

Ophir Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $103.2 Mil. Ophir Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $249.1 Mil. Ophir Energy's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $695.7 Mil. Ophir Energy's debt to equity for the quarter that ended in Dec. 2018 was 0.51.

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

OPGYF'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.

Ophir Energy Debt-to-Equity Historical Data

The historical data trend for Ophir 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.

Ophir Energy Debt-to-Equity Chart

Ophir Energy Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Debt-to-Equity

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0.16

0.13

0.07

0.51

Ophir Energy Semi-Annual Data
	Jun05	Jun06	Jun07	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18
Debt-to-Equity	Get a 7-Day Free Trial													0.13	0.07	0.07	0.10	0.51

Competitive Comparison of Ophir Energy's Debt-to-Equity

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

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

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

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

Ophir Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ophir Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 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
	=	(103.2	+	249.149)	/	695.67
	=	0.51

Ophir Energy's Debt to Equity Ratio for the quarter that ended in Dec. 2018 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
	=	(103.2	+	249.149)	/	695.67
	=	0.51

Ophir Energy (OTCPK:OPGYF) 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.

Ophir Energy Debt-to-Equity Related Terms

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Ophir Energy (Ophir Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ophir Energy PLC (OTCPK:OPGYF) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

123 Victoria Street, Level 4, London, GBR, SW1E 6DE

Website

http://www.ophir-energy.com

Ophir Energy PLC is an upstream oil and gas exploration and production company focused on the exploration and appraisal phases of the industry cycle. It aims to monetize assets during the production phase. Assets are positioned throughout Africa and Asia, primarily in offshore and deep-water fields. The company counts on different exploration techniques to locate potential assets including seismic surveys. The majority of revenue is derived from crude-oil sales to the Thai state-owned oil and gas company PTT Public Company Limited.

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