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Condor Energy (ASX:CND) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Condor Energy Debt-to-Equity?

Condor Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Condor Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Condor Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$3.82 Mil. Condor Energy's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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

ASX:CND' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.02
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Condor Energy was 0.02. The lowest was 0.00. And the median was 0.01.

ASX:CND's Debt-to-Equity is ranked better than
95.39% of 824 companies
in the Oil & Gas industry
Industry Median: 0.47 vs ASX:CND: 0.02

Condor Energy Debt-to-Equity Historical Data

The historical data trend for Condor 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.

Condor Energy Debt-to-Equity Chart

Condor Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.01 0.02 0.02

Condor Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 0.02 0.02 0.02 -

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

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


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

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

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



Condor Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Condor Energy's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Condor Energy's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Condor Energy  (ASX:CND) 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.


Condor Energy Debt-to-Equity Related Terms

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


Condor Energy Business Description

Traded in Other Exchanges
Address
22 Townshend Road, Subiaco, WA, AUS, 6008
Global Oil & Gas Ltd is focused on exploring and developing Energy and Resource assets within Australia and globally. Its project includes Sasanof project and Georgina basin. Georgina basin project located in the Southern Georgina Basin in the Northern Territory.