AVACF (Avance Gas Holding) Debt-to-Equity: 0.00 (As of Mar. 2025)

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What is Avance Gas Holding Debt-to-Equity?

Avance Gas Holding AVACF Debt-to-Equity is 0.00 as of Mar. 2025.

Avance Gas Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.0 Mil. Avance Gas Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.0 Mil. Avance Gas Holding's Total Stockholders Equity for the quarter that ended in Mar. 2025 was $60.7 Mil. Avance Gas Holding's debt to equity for the quarter that ended in Mar. 2025 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 Avance Gas Holding's Debt-to-Equity or its related term are showing as below:

AVACF's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

Avance Gas Holding  (OTCPK:AVACF) 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.

Avance Gas Holding Debt-to-Equity Related Terms

Avance Gas Holding Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Avance Gas Holding'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.

Avance Gas Holding Debt-to-Equity Chart

Avance Gas Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.72 0.75 0.87 0.00

Avance Gas Holding Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.71 0.82 0.94 0.00 0.00

AVACF vs FOMI, WMB, EPD: Debt-to-Equity Comparison

For the Oil & Gas Midstream subindustry, Avance Gas Holding'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.

Avance Gas Holding Debt-to-Equity vs Oil & Gas Industry

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

* The bar in red indicates where Avance Gas Holding's Debt-to-Equity falls into.


Avance Gas Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avance Gas Holding'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 + 0) / 453.923
=0.00

Avance Gas Holding's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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) / 60.688
=0.00

* 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 0.00 mean?
Avance Gas Holding (AVACF) has a Debt-to-Equity of 0.00 as of Mar. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Avance Gas Holding and its competitors.
Is Avance Gas Holding's Debt-to-Equity too high?
Avance Gas Holding's current Debt-to-Equity is 0.00.
How does Avance Gas Holding's Debt-to-Equity compare to FOMI and WMB?
Avance Gas Holding's Debt-to-Equity of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-Equity is 0.46. 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 794 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 Avance Gas Holding 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. Avance Gas Holding's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avance Gas Holding stock overvalued right now?
Avance Gas Holding (AVACF) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. 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 Avance Gas Holding (AVACF), the current Debt-to-Equity is 0.00 as of Mar. 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.

Avance Gas Holding Business Description

Industry EnergyOil & Gas
Address 14 Par-la-Ville Road, 4th floor, PO Box HM 1593, Par-la-Ville Place, Hamilton, BMU, HM 08
Avance Gas Holding Ltd is engaged in the transportation of liquefied petroleum gas (LPG). It owns and operates very large gas carriers (VLGCs) providing transportation services to oil majors and traders of LPG. It operates a fleet of vessels providing customers with transportation services through the combination of the contract of affreightments and spot market voyages. The company transports liquefied petroleum to destinations in Europe, South America, India, and Asia, mainly loading from the Middle East Gulf and the United States Gulf/United States East Coast. The company operates in a single segment, which is liquefied petroleum gas.