Winchester Energy (ASX:WEL) Debt-to-Equity : 0.02 (As of Dec. 2024)

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What is Winchester Energy Debt-to-Equity?

Winchester Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.05 Mil. Winchester Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.13 Mil. Winchester Energy's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$9.23 Mil. Winchester Energy's debt to equity for the quarter that ended in Dec. 2024 was 0.02.

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

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

During the past 10 years, the highest Debt-to-Equity Ratio of Winchester Energy was 0.02. The lowest was 0.00. And the median was 0.01.

ASX:WEL's Debt-to-Equity is ranked better than
94.65% of 822 companies
in the Oil & Gas industry
Industry Median: 0.45 vs ASX:WEL: 0.02

Winchester Energy Debt-to-Equity Historical Data

The historical data trend for Winchester 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.

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Winchester Energy Debt-to-Equity Chart

Winchester Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.01

0.02

Winchester Energy 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															0.01	0.01	0.01	-	0.02

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

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

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

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

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

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Winchester Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Winchester Energy's Debt to Equity Ratio for the fiscal year 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
	=	(0.054	+	0.131)	/	9.229
	=	0.02

Winchester 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
	=	(0.054	+	0.131)	/	9.229
	=	0.02

Winchester Energy (ASX:WEL) 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.

Winchester Energy Debt-to-Equity Related Terms

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Winchester Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Winchester Energy Ltd (ASX:WEL) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

295 Rokeby Road, Suite 6, Subiaco, WA, AUS, 6008

Website

http://www.winchesterenergyltd.com

Winchester Energy Ltd is an oil and gas exploration company. The firm is engaged in acquiring oil and gas leases and working interests in areas situated on the Eastern Shelf of the Permian Basin in Texas and exploring for oil and gas on those oil and gas leases and working interests. The company's geographical segments are Australia and the United States of America (USA) is the key revenue source.

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