Vanguard Natural Resources LLC (Vanguard Natural Resources LLC) Debt-to-Equity : -0.31 (As of Jun. 2019)

View and export this data going back to 2014. Start your Free Trial

What is Vanguard Natural Resources LLC Debt-to-Equity?

Vanguard Natural Resources LLC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $30.63 Mil. Vanguard Natural Resources LLC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $0.00 Mil. Vanguard Natural Resources LLC's Total Stockholders Equity for the quarter that ended in Jun. 2019 was $-99.66 Mil. Vanguard Natural Resources LLC's debt to equity for the quarter that ended in Jun. 2019 was -0.31.

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 Vanguard Natural Resources LLC's Debt-to-Equity or its related term are showing as below:

VNGBQ.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: -172.54 Med: 1.31 Max: 22.76
Current: -0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Vanguard Natural Resources LLC was 22.76. The lowest was -172.54. And the median was 1.31.

VNGBQ.PFD's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.445 vs VNGBQ.PFD: -0.31

Vanguard Natural Resources LLC Debt-to-Equity Historical Data

The historical data trend for Vanguard Natural Resources LLC'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.

Vanguard Natural Resources LLC Debt-to-Equity Chart

Vanguard Natural Resources LLC Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Debt-to-Equity

Get a 7-Day Free Trial

1.26

-26.28

-1.97

2.33

2.54

Vanguard Natural Resources LLC Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Debt-to-Equity	Get a 7-Day Free Trial															2.95	3.19	2.54	-	-0.31

Competitive Comparison of Vanguard Natural Resources LLC's Debt-to-Equity

For the Oil & Gas E&P subindustry, Vanguard Natural Resources LLC'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.

Vanguard Natural Resources LLC's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Vanguard Natural Resources LLC's Debt-to-Equity falls into.

Vanguard Natural Resources LLC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vanguard Natural Resources LLC'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
	=	(892.321	+	5.446)	/	353.525
	=	2.54

Vanguard Natural Resources LLC's Debt to Equity Ratio for the quarter that ended in Jun. 2019 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
	=	(30.628	+	0)	/	-99.661
	=	-0.31

Vanguard Natural Resources LLC (OTCPK:VNGBQ.PFD) 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.

Vanguard Natural Resources LLC Debt-to-Equity Related Terms

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

Vanguard Natural Resources LLC (Vanguard Natural Resources LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vanguard Natural Resources LLC (OTCPK:VNGBQ.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5847 San Felipe, Suite 3000, Houston, TX, USA, 77057

Website

https://www.grizzlyenergyllc.com

Grizzly Energy LLC is an onshore energy company. The company is focused on the acquisition and development of oil and natural gas properties in the United States. Its properties comprise of Anadarko, Arkoma, Big Horn, Green River, Gulf Coast and Permian.

Executives

Andrew Eliot Schultz	director	W6316 DESIGN DRIVE, GREENVILLE WI 54942
Bartels Patrick J Jr	director	C/O WCI COMMUNITIES, INC., 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Louis Spencer Wells	director	2935 PACIFIC AVENUE, SAN FRANCISCO CA 94115
Jr Joseph Hurliman	director	5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Maria Patricia Avila-eady	officer: Chief Accounting Officer	5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Jonathan Charles Curth	officer: GC, Corp Secretary & VP-Land	5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
W Greg Dunlevy	director	C.O KOSMOS ENERGY, LLC, 8176 PARK LANE, STE. 500, DALLAS TX 75231
Randall M Albert	director	5 PENN CENTER WEST, SUITE 401, PITTSBURGH PA 15276
Joseph Michael Citarrella	director	5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Mark Steven Carnes	officer: VP,Acquisitions & Divestitures	5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Lisa A Godfrey	officer: VP, HR & Investor Relations	5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Michael V Alexander	director	5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Graham Aled Morris	director	5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Mdra Gp Lp	other: See Remarks	C/O MONARCH ALTERNATIVE CAPITAL LP, 535 MADISON AVENUE, NEW YORK NY 10022
Monarch Alternative Capital Lp	other: See Remarks	535 MADISON AVENUE, NEW YORK NY 10022