Vintage Energy (ASX:VEN) Debt-to-Equity : 0.33 (As of Dec. 2024)

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What is Vintage Energy Debt-to-Equity?

Vintage Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.13 Mil. Vintage Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$9.04 Mil. Vintage Energy's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$27.46 Mil. Vintage Energy's debt to equity for the quarter that ended in Dec. 2024 was 0.33.

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

ASX:VEN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.14 Max: 0.33
Current: 0.33

During the past 6 years, the highest Debt-to-Equity Ratio of Vintage Energy was 0.33. The lowest was 0.00. And the median was 0.14.

ASX:VEN's Debt-to-Equity is ranked better than
58.86% of 824 companies
in the Oil & Gas industry
Industry Median: 0.44 vs ASX:VEN: 0.33

Vintage Energy Debt-to-Equity Historical Data

The historical data trend for Vintage 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.

Vintage Energy Debt-to-Equity Chart

Vintage Energy Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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0.01

0.14

0.17

0.30

Vintage Energy Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial								0.16	0.17	0.25	0.30	0.33

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

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

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

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

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

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Vintage Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vintage Energy's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.125	+	8.717)	/	29.66
	=	0.30

Vintage Energy'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
	=	(0.126	+	9.044)	/	27.461
	=	0.33

Vintage Energy (ASX:VEN) 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.

Vintage Energy Debt-to-Equity Related Terms

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Vintage Energy Business Description

Industry

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Address

58 King William Road, Goodwood, Adelaide, SA, AUS, 5034

Website

https://www.vintageenergy.com.au

Vintage Energy Ltd is an oil and gas exploration company. Its operations involve the exploration, appraisal, development, and commercialization of hydrocarbon accumulations onshore Australia. The company holds interests in petroleum exploration licences in the Cooper/Eromanga basins, the Otway Basin, the Galilee Basin, and the Bonaparte Basin.

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