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Bass Oil (ASX:BAS) Debt-to-Equity : 0.01 (As of Dec. 2024)


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What is Bass Oil Debt-to-Equity?

Bass Oil's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.07 Mil. Bass Oil's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.06 Mil. Bass Oil's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$11.04 Mil. Bass Oil'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 Bass Oil's Debt-to-Equity or its related term are showing as below:

ASX:BAS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 3.96
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Bass Oil was 3.96. The lowest was 0.01. And the median was 0.03.

ASX:BAS's Debt-to-Equity is ranked better than
99.88% of 822 companies
in the Oil & Gas industry
Industry Median: 0.45 vs ASX:BAS: 0.01

Bass Oil Debt-to-Equity Historical Data

The historical data trend for Bass Oil'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.

Bass Oil Debt-to-Equity Chart

Bass Oil Annual Data
Trend Jun15 Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.01 0.01 0.02 0.01

Bass Oil Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Debt-to-Equity Get a 7-Day Free Trial 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 0.01 0.03 0.02 0.02 0.01

Competitive Comparison of Bass Oil's Debt-to-Equity

For the Oil & Gas E&P subindustry, Bass Oil'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.


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

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

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


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Bass Oil Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bass Oil's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Bass Oil's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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.


Bass Oil  (ASX:BAS) 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.


Bass Oil Debt-to-Equity Related Terms

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


Bass Oil Business Description

Traded in Other Exchanges
N/A
Address
11-19 Bank Place, Level 5, Melbourne, VIC, AUS, 3000
Bass Oil Ltd is engaged in oil production. Its project includes Tangai-Sukananti KSO. It has two geographic segments Australia and Indonesia of exploration, development and production of oil and gas.

Bass Oil Headlines

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