Oil and Gas Exploration and Production AD (XBUL:NGAZ) Debt-to-Equity : 0.01 (As of Dec. 2024)

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What is Oil and Gas Exploration and Production AD Debt-to-Equity?

Oil and Gas Exploration and Production AD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was лв0.13 Mil. Oil and Gas Exploration and Production AD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was лв0.37 Mil. Oil and Gas Exploration and Production AD's Total Stockholders Equity for the quarter that ended in Dec. 2024 was лв92.59 Mil. Oil and Gas Exploration and Production AD's debt to equity for the quarter that ended in Dec. 2024 was 0.01.

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 Oil and Gas Exploration and Production AD's Debt-to-Equity or its related term are showing as below:

XBUL:NGAZ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.06
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Oil and Gas Exploration and Production AD was 0.06. The lowest was 0.01. And the median was 0.04.

XBUL:NGAZ's Debt-to-Equity is ranked better than
99.88% of 818 companies
in the Oil & Gas industry
Industry Median: 0.43 vs XBUL:NGAZ: 0.01

Oil and Gas Exploration and Production AD Debt-to-Equity Historical Data

The historical data trend for Oil and Gas Exploration and Production AD'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.

Oil and Gas Exploration and Production AD Debt-to-Equity Chart

Oil and Gas Exploration and Production AD Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.05

0.02

0.01

Oil and Gas Exploration and Production AD Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23	Dec24
Debt-to-Equity	Get a 7-Day Free Trial											0.05	0.02	0.01	0.01	0.01

Competitive Comparison of Oil and Gas Exploration and Production AD's Debt-to-Equity

For the Oil & Gas E&P subindustry, Oil and Gas Exploration and Production AD'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.

Oil and Gas Exploration and Production AD's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Oil and Gas Exploration and Production AD's Debt-to-Equity falls into.

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Oil and Gas Exploration and Production AD Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oil and Gas Exploration and Production AD's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 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
	=	(0.134	+	0.374)	/	92.585
	=	0.01

Oil and Gas Exploration and Production AD's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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
	=	(0.134	+	0.374)	/	92.585
	=	0.01

Oil and Gas Exploration and Production AD (XBUL:NGAZ) 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.

Oil and Gas Exploration and Production AD Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Oil and Gas Exploration and Production AD's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Oil and Gas Exploration and Production AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oil and Gas Exploration and Production AD (XBUL:NGAZ) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

2, Stefan Karadja Street, Sofia, BGR, 1080

Website

http://www.ogep-bg.com

Oil and Gas Exploration and Production AD is engaged in prospecting, exploration, development and exploitation of oil and gas fields, as well as processing of crude oil. Some of the services provided by the company - design and conducting of 2D and 3D seismic data acquisition, geological and geophysical data processing and interpretation, mud logging, drilling of exploration and production wells for mineralized water and geothermal energy, well logging, among others.

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