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BSNLF (Blue Star Helium) Debt-to-Equity : 0.99 (As of Jun. 2024)


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What is Blue Star Helium Debt-to-Equity?

Blue Star Helium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.12 Mil. Blue Star Helium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $7.01 Mil. Blue Star Helium's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $7.22 Mil. Blue Star Helium's debt to equity for the quarter that ended in Jun. 2024 was 0.99.

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 Blue Star Helium's Debt-to-Equity or its related term are showing as below:

BSNLF' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.61   Med: -1.02   Max: 20.57
Current: 0.99

During the past 13 years, the highest Debt-to-Equity Ratio of Blue Star Helium was 20.57. The lowest was -3.61. And the median was -1.02.

BSNLF's Debt-to-Equity is ranked worse than
73.79% of 824 companies
in the Oil & Gas industry
Industry Median: 0.47 vs BSNLF: 0.99

Blue Star Helium Debt-to-Equity Historical Data

The historical data trend for Blue Star Helium'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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Blue Star Helium Debt-to-Equity Chart

Blue Star Helium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Blue Star Helium Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - - - 0.99

Competitive Comparison of Blue Star Helium's Debt-to-Equity

For the Oil & Gas E&P subindustry, Blue Star Helium'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.


Blue Star Helium's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Blue Star Helium's Debt-to-Equity falls into.



Blue Star Helium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Blue Star Helium's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Blue Star Helium's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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.


Blue Star Helium  (OTCPK:BSNLF) 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.


Blue Star Helium Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Blue Star Helium's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Blue Star Helium Business Description

Traded in Other Exchanges
Address
194 Hay Street, Subiaco, WA, AUS, 6008
Blue Star Helium Ltd is engaged in oil and gas (helium) production, exploration, and development. Its assets are spread in United States. The company provides its shareholders with exposure to multiple high-value helium projects and conventional oil assets in North America. the Company is organized into one operating segment, which involves helium including oil and gas exploration, development and production in the USA.

Blue Star Helium Headlines