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Petro-Victory Energy (Petro-Victory Energy) Debt-to-Equity

: 1.30 (As of Sep. 2023)
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Petro-Victory Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.20 Mil. Petro-Victory Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.50 Mil. Petro-Victory Energy's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $5.17 Mil. Petro-Victory Energy's debt to equity for the quarter that ended in Sep. 2023 was 1.29.

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

PTVRF' s Debt-to-Equity Range Over the Past 10 Years
Min: -1126.4   Med: 0.04   Max: 13.82
Current: 1.29

During the past 9 years, the highest Debt-to-Equity Ratio of Petro-Victory Energy was 13.82. The lowest was -1126.40. And the median was 0.04.

PTVRF's Debt-to-Equity is ranked worse than
80.65% of 832 companies
in the Oil & Gas industry
Industry Median: 0.435 vs PTVRF: 1.29

Petro-Victory Energy Debt-to-Equity Historical Data

The historical data trend for Petro-Victory 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.

Petro-Victory Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.46 -1.08 -1.33 13.83 2.25

Petro-Victory 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 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 1.65 2.25 0.76 0.87 1.30
Competitive Comparison

For the Oil & Gas E&P subindustry, Petro-Victory 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.

Petro-Victory Energy Debt-to-Equity Distribution

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

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


Petro-Victory Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Petro-Victory 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
=(1.121 + 5.602) / 2.983
=2.25

Petro-Victory 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
=(3.198 + 3.496) / 5.171
=1.29

* 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.

Petro-Victory Energy  (OTCPK:PTVRF) 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.

Petro-Victory Energy Debt-to-Equity Related Terms

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Petro-Victory Energy (Petro-Victory Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petro-Victory Energy Corp (OTCPK:PTVRF) » Definitions » Debt-to-Equity
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Traded in Other Exchanges
VRY:Canada
Address
5960 Berkshire Lane, 6th Floor, Dallas, TX, USA, 75225
Website
https://www.petrovictoryenergy.com
Petro-Victory Energy Corp is an oil and gas company that is engaged in the acquisition and development of crude oil and natural gas resources in Brazil. It also holds an interest in more than twenty licenses totaling around 164,000 acres in four different producing basins in Brazil.