Frontera Energy (TSX:FEC) Debt-to-Equity : 0.29 (As of Dec. 2023)

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What is Frontera Energy Debt-to-Equity?

Frontera Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$77 Mil. Frontera Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$643 Mil. Frontera Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$2,447 Mil. Frontera Energy's debt to equity for the quarter that ended in Dec. 2023 was 0.29.

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

TSX:FEC' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.75 Med: 0.33 Max: 1.91
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Frontera Energy was 1.91. The lowest was -1.75. And the median was 0.33.

TSX:FEC's Debt-to-Equity is ranked better than
62.29% of 830 companies
in the Oil & Gas industry
Industry Median: 0.435 vs TSX:FEC: 0.29

Frontera Energy Debt-to-Equity Historical Data

The historical data trend for Frontera 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.

Frontera Energy Debt-to-Equity Chart

Frontera Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.33

0.77

0.40

0.32

0.29

Frontera Energy 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	Get a 7-Day Free Trial															0.32	0.33	0.32	0.31	0.29

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

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

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

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

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

Frontera Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Frontera Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(77.114	+	643.087)	/	2446.539
	=	0.29

Frontera Energy's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(77.114	+	643.087)	/	2446.539
	=	0.29

Frontera Energy (TSX:FEC) 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.

Frontera Energy Debt-to-Equity Related Terms

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

Frontera Energy (TSX:FEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Frontera Energy Corp (TSX:FEC) » Definitions » Debt-to-Equity

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FECCF:USA 3PY3:Germany

Address

1610, 222 - 3 Avenue SW, Calgary, AB, CAN, T2P 0B4

Website

https://www.fronteraenergy.ca

Frontera Energy Corp is a Canadian-based company engaged in the exploration, development, and production of crude oil and natural gas reserves in South America. It operates in four reportable segments such as Colombia, Ecuador, Guyana and Midstream Colombia. The majority of its revenue is generated from the Colombia segment.

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