Viva Energy Group (ASX:VEA) Debt-to-Equity: 4.11 (As of Dec. 2025) — 219% Above Median

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ASX:VEA Viva Energy Group Ltd ASX:VEA
73 GF Score
Price A$2.65
GF Value A$3.25
Valuation Modestly Undervalued
! 11 Warning Signs
View Full Analysis

What is Viva Energy Group Debt-to-Equity?

Viva Energy Group ASX:VEA +0.38% 73 Debt-to-Equity is 4.11 as of Dec. 2025, which is 219% above its 10-year median of 1.29. GuruFocus rates ASX:VEA with a GF Score™ of 73/100 and a GF Value™ of A$3.25 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 804 Oil & Gas companies, Viva Energy Group ranks worse than 95.9% on this metric.

Viva Energy Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$297 Mil. Viva Energy Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$5,562 Mil. Viva Energy Group's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$1,427 Mil. Viva Energy Group's debt to equity for the quarter that ended in Dec. 2025 was 4.10.

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

ASX:VEA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 1.29   Max: 4.11
Current: 4.11

During the past 8 years, the highest Debt-to-Equity Ratio of Viva Energy Group was 4.11. The lowest was 0.10. And the median was 1.29.

ASX:VEA's Debt-to-Equity is ranked worse than
95.9% of 804 companies
in the Oil & Gas industry
Industry Median: 0.46 vs ASX:VEA: 4.11

Viva Energy Group  (ASX:VEA) 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.


Viva Energy Group Debt-to-Equity Related Terms


Viva Energy Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Viva Energy Group'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.

Viva Energy Group Debt-to-Equity Chart

Viva Energy Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 1.27 1.04 1.49 2.92 4.11

Viva Energy Group Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.49 2.58 2.92 3.47 4.11

ASX:VEA vs MPC, VLO, PSX: Debt-to-Equity Comparison

For the Oil & Gas Refining & Marketing subindustry, Viva Energy Group'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.


Viva Energy Group Debt-to-Equity vs Oil & Gas Industry

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

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


ASX:VEA
73GF Score
Viva Energy Group Ltd ASX:VEA
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viva Energy Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Viva Energy Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Viva Energy Group's Debt to Equity Ratio for the quarter that ended in Dec. 2025 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 4.11 mean?
Viva Energy Group (ASX:VEA) has a Debt-to-Equity of 4.11 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Viva Energy Group and its competitors. This is 219% above median its historical median of 1.29. Over the past decade, Viva Energy Group's Debt-to-Equity has ranged from 0.10 to 4.11. According to the industry distribution chart, Viva Energy Group ranks #771 out of 804 companies in the Oil & Gas industry, placing it in the top 95.9%.
Is Viva Energy Group's Debt-to-Equity too high?
Viva Energy Group's current Debt-to-Equity of 4.11 is 219% above median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 4.11. The Oil & Gas industry median Debt-to-Equity is 0.46. Viva Energy Group's value of 4.11 is 793.5% above this industry median. Based on the distribution chart, Viva Energy Group ranks #771 out of 804 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Viva Energy Group has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viva Energy Group's Debt-to-Equity compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Viva Energy Group ranks #771 out of 804 companies for Debt-to-Equity. This places Viva Energy Group in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Viva Energy Group's value of 4.11 is 793.5% above this benchmark. Historically, Viva Energy Group's own Debt-to-Equity has ranged from 0.10 to 4.11 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 0.46, Viva Energy Group has consistently been above the industry average. 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 0.46, based on 804 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. Viva Energy Group's current Debt-to-Equity of 4.11 is 793.5% above the industry median. 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 Viva Energy Group and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viva Energy Group's current Debt-to-Equity is 4.11, which is 219% above median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viva Energy Group stock overvalued right now?
Based on GuruFocus' analysis, Viva Energy Group (ASX:VEA) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.25, compared to a current price of A$2.65 — trading 18.5% below its estimated fair value. The current Debt-to-Equity is 4.11, which is 219% above median its 10-year median of 1.29 and 793.5% above the Oil & Gas industry median of 0.46. Viva Energy Group's overall GF Score™ is 73/100 with 11 warning signs to review. 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 Viva Energy Group (ASX:VEA), the current Debt-to-Equity is 4.11 as of Dec. 2025. 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.

Is Viva Energy Group (ASX:VEA) Overvalued in 2026?

Based on GuruFocus' analysis, Viva Energy Group stock appears to be undervalued. The current stock price of A$2.65 is trading 18.5% below its estimated GF Value™ of A$3.25. GuruFocus considers Viva Energy Group to be Modestly Undervalued.

Key valuation signals for ASX:VEA:

  • Debt-to-Equity: 4.11 (219% above median its 10-year median of 1.29)
  • GF Value™: A$3.25 vs. price of A$2.65 (18.5% below fair value)
  • GF Score™: 73/100 with 11 warning signs
  • Industry Position: 793.5% above the Oil & Gas median (#771 of 804)

No single metric tells the full story. See the ASX:VEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Viva Energy Group Business Description

Industry EnergyOil & Gas
Other Exchanges 2AH:Germany
Address 720 Bourke Street, Level 16, Docklands, Melbourne, VIC, AUS, 3008
Viva is Australia's second-largest vertically integrated refined transport fuel supplier. We rate Viva as the second-most-significant pipeline owner, and at approximately 1,155 locations, Viva supplies the third-largest number of retail sites in Australia behind Ampol at approximately 1,985 and BP at 1,400.Vitol bought Shell's Australian downstream operations in 2014, and renamed them Viva Energy. Viva subsequently bought Shell's Australian aviation operations and a 50% investment in Liberty Oil. In 2016, Viva sold (and leased back) a portfolio of its retail sites to Viva Energy REIT and listed Viva Energy REIT on the ASX. It has since sold its entire REIT stake for AUD 734 million.Viva acquired OTR Group in 2014 for AUD 1.2 billion bringing over 200 South Australian stores.
73GF Score

Get the complete analysis for ASX:VEA

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.65
Price
A$3.25
GF Value