Jacka Resources (ASX:JKA) Debt-to-Equity: -9.37 (As of Dec. 2019)

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What is Jacka Resources Debt-to-Equity?

Jacka Resources ASX:JKA Debt-to-Equity is -9.37 as of Dec. 2019. The stock has 1 warning sign investors should review.

Jacka Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was A$0.48 Mil. Jacka Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was A$0.00 Mil. Jacka Resources's Total Stockholders Equity for the quarter that ended in Dec. 2019 was A$-0.05 Mil. Jacka Resources's debt to equity for the quarter that ended in Dec. 2019 was -9.37.

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 Jacka Resources's Debt-to-Equity or its related term are showing as below:

ASX:JKA' s Debt-to-Equity Range Over the Past 10 Years
Min: -9.37 Med: 0.01 Max: 0.05
Current: -9.37

During the past 10 years, the highest Debt-to-Equity Ratio of Jacka Resources was 0.05. The lowest was -9.37. And the median was 0.01.

ASX:JKA's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.465 vs ASX:JKA: -9.37

Jacka Resources (ASX:JKA) 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.

Jacka Resources Debt-to-Equity Related Terms

Jacka Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Jacka Resources'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.

Jacka Resources Debt-to-Equity Chart

Jacka Resources Annual Data

Trend

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Debt-to-Equity

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Jacka Resources Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Debt-to-Equity	Get a 7-Day Free Trial														0.00	0.00	0.00	0.00	-9.37

ASX:JKA vs DLTZ, PTCO, BDCO: Debt-to-Equity Comparison

For the Oil & Gas E&P subindustry, Jacka Resources'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.

Jacka Resources Debt-to-Equity vs Oil & Gas Industry

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

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

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Jacka Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jacka Resources's Debt to Equity Ratio for the fiscal year that ended in Jun. 2019 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	+	0)	/	0.191
	=	0.00

Jacka Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2019 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
	=	(0.478	+	0)	/	-0.051
	=	-9.37

Frequently Asked Questions Learn more about Debt-to-Equity →

What does a Debt-to-Equity of -9.37 mean?

Jacka Resources (ASX:JKA) has a Debt-to-Equity of -9.37 as of Dec. 2019. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Jacka Resources and its competitors.

Is Jacka Resources' Debt-to-Equity too high?

Jacka Resources' current Debt-to-Equity is -9.37.

How does Jacka Resources' Debt-to-Equity compare to DLTZ and PTCO?

Jacka Resources' Debt-to-Equity of -9.37 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-Equity is 0.47. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Debt-to-Equity for an Oil & Gas company?

The median Debt-to-Equity among Oil & Gas companies is 0.47, based on 796 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Debt-to-Equity mean?

A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Jacka Resources and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jacka Resources's current Debt-to-Equity is -9.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Jacka Resources stock overvalued right now?

Jacka Resources (ASX:JKA) has a current Debt-to-Equity of -9.37. The current Debt-to-Equity is -9.37. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Debt-to-Equity calculated?

Debt-to-Equity is calculated from a company's financial statements. For Jacka Resources (ASX:JKA), the current Debt-to-Equity is -9.37 as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Jacka Resources Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:SXE ASX:GRV DLTZ XCNQ:JEM TSXV:CEN LSE:PATH TSXV:PNN LSE:SRO TSXV:MCO TSXV:KFG TSXV:HPL TSXV:RYS.H TSXV:ENG TSXV:EBY XCNQ:MEC PTCO BDCO PTRA TSXV:TE TSXV:CE

Address 216 St Georges Terrace, Level 11, London House, Perth, WA, AUS, 6000

Website http://www.jackaresources.com.au

Jacka Resources Ltd is an Australia-based oil and gas exploration company. The company is engaged in oil and gas exploration in Odewayne Block in Somaliland. The operating segment of the company is Oil and Gas Exploration in Australia and Africa.