BNGLF (Bengal Energy) Debt-to-Equity: 0.08 (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Bengal Energy Debt-to-Equity?

Bengal Energy BNGLF Debt-to-Equity is 0.08 as of Mar. 2026, which is at its 10-year median of 0.08. The stock has 2 warning signs investors should review. Among 795 Oil & Gas companies, Bengal Energy ranks better than 84.4% on this metric.

Bengal Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1.24 Mil. Bengal Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Bengal Energy's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $16.47 Mil. Bengal Energy's debt to equity for the quarter that ended in Mar. 2026 was 0.08.

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

BNGLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.08   Max: 1.06
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of Bengal Energy was 1.06. The lowest was 0.00. And the median was 0.08.

BNGLF's Debt-to-Equity is ranked better than
84.4% of 795 companies
in the Oil & Gas industry
Industry Median: 0.46 vs BNGLF: 0.08

Bengal Energy  (OTCPK:BNGLF) 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.


Bengal Energy Debt-to-Equity Related Terms


Bengal Energy Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Bengal 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.

Bengal Energy Debt-to-Equity Chart

Bengal Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.07 0.08

Bengal Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.07 0.07 0.07 0.07 0.08

BNGLF vs COP, EOG, FANG: Debt-to-Equity Comparison

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


Bengal Energy Debt-to-Equity vs Oil & Gas Industry

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

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



Bengal Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bengal Energy's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Bengal Energy's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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 0.08 mean?
Bengal Energy (BNGLF) has a Debt-to-Equity of 0.08 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bengal Energy and its competitors. This is near median its historical median of 0.08. According to the industry distribution chart, Bengal Energy ranks #124 out of 795 companies in the Oil & Gas industry, placing it in the top 15.6%.
Is Bengal Energy's Debt-to-Equity too high?
Bengal Energy's current Debt-to-Equity of 0.08 is near median its 10-year median of 0.08. The Oil & Gas industry median Debt-to-Equity is 0.46. Bengal Energy's value of 0.08 is 82.6% below this industry median. Based on the distribution chart, Bengal Energy ranks #124 out of 795 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Bengal Energy's Debt-to-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Bengal Energy ranks #124 out of 795 companies for Debt-to-Equity. This places Bengal Energy in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.46. Bengal Energy's value of 0.08 is 82.6% below this benchmark. While the company's 10-year median is 0.08 vs. the industry median of 0.46, Bengal Energy has consistently been below 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 795 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. Bengal Energy's current Debt-to-Equity of 0.08 is 82.6% below 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 Bengal Energy 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. Bengal Energy's current Debt-to-Equity is 0.08, which is near median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bengal Energy stock overvalued right now?
Based on GuruFocus' analysis, Bengal Energy (BNGLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.02, compared to a current price of $0.02 — trading 11.5% below its estimated fair value. The current Debt-to-Equity is 0.08, which is near median its 10-year median of 0.08 and 82.6% below the Oil & Gas industry median of 0.46. 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 Bengal Energy (BNGLF), the current Debt-to-Equity is 0.08 as of Mar. 2026. 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.

Bengal Energy Business Description

Industry EnergyOil & Gas
Other Exchanges 8BE:GermanyBNG:Canada
Address 630 - 6th Avenue SouthWest, Suite 640, Calgary, AB, CAN, T2P 0S8
Bengal Energy Ltd is involved in the exploration, development, and production of oil and gas reserves in Australia. It has two reportable operating segments the Australian oil and gas operations and corporate. The Company's producing assets are predominantly situated in Australia, in the Cooper Basin, a region featuring large hydrocarbon pools.