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Orca Energy Group (Orca Energy Group) Debt-to-Equity

: 0.46 (As of Dec. 2023)
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Orca Energy Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $10.0 Mil. Orca Energy Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $30.4 Mil. Orca Energy Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $88.7 Mil. Orca Energy Group's debt to equity for the quarter that ended in Dec. 2023 was 0.46.

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

ORXGF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24   Med: 0.61   Max: 0.8
Current: 0.46

During the past 13 years, the highest Debt-to-Equity Ratio of Orca Energy Group was 0.80. The lowest was 0.24. And the median was 0.61.

ORXGF's Debt-to-Equity is ranked worse than
51.2% of 832 companies
in the Oil & Gas industry
Industry Median: 0.44 vs ORXGF: 0.46

Orca Energy Group Debt-to-Equity Historical Data

The historical data trend for Orca Energy Group'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.51 [6] => 0.61 [7] => 0.80 [8] => 0.56 [9] => 0.46 )
Orca Energy Group 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 0.51 0.61 0.80 0.56 0.46

Orca Energy Group 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 0.56 0.54 0.48 0.50 0.46

Competitive Comparison

For the Oil & Gas E&P subindustry, Orca Energy Group'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.


Orca Energy Group Debt-to-Equity Distribution

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

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



Orca Energy Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Orca Energy Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Orca Energy Group's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Orca Energy Group  (OTCPK:ORXGF) 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.


Orca Energy Group Debt-to-Equity Related Terms

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Orca Energy Group (Orca Energy Group) Business Description

Traded in Other Exchanges
Address
Haile Selassie Road, Oyster Plaza Building, 5th Floor, P.O. Box 80139, Dar es Salaam, TZA
Orca Energy Group Inc produces and sells natural gas to the power and industrial sectors in Tanzania. The company delivers gas to TPDC through a long-term gas sales agreement to the TPDC-operated National Natural Gas Infrastructure on Songo Songo Island where the natural gas is processed before being transported to Dar es Salaam for power and industrial use. In addition to gas supplied to TPDC, Songas, and TANESCO for the generation of power, the company has developed and supplied an industrial gas market in the Dar es Salaam area.

Orca Energy Group (Orca Energy Group) Headlines