CGBSF (Crown LNG Holdings) Debt-to-Equity: 0.04 (As of Jun. 2024)

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What is Crown LNG Holdings Debt-to-Equity?

Crown LNG Holdings CGBSF Debt-to-Equity is 0.04 as of Jun. 2024.

Crown LNG Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $5.01 Mil. Crown LNG Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $2.30 Mil. Crown LNG Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $207.78 Mil. Crown LNG Holdings's debt to equity for the quarter that ended in Jun. 2024 was 0.04.

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 Crown LNG Holdings's Debt-to-Equity or its related term are showing as below:

CGBSF's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.45
* Ranked among companies with meaningful Debt-to-Equity only.

Crown LNG Holdings  (OTCPK:CGBSF) 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.

Crown LNG Holdings Debt-to-Equity Related Terms

Crown LNG Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Crown LNG Holdings'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.

Crown LNG Holdings Debt-to-Equity Chart

Crown LNG Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
1.59 0.09 0.13 0.02

Crown LNG Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Equity Get a 7-Day Free Trial N/A 0.13 0.09 0.02 0.04

CGBSF vs SDXEF, HTPRF, SPOWF: Debt-to-Equity Comparison

For the Oil & Gas Integrated subindustry, Crown LNG Holdings'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.

Crown LNG Holdings Debt-to-Equity vs Oil & Gas Industry

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

* The bar in red indicates where Crown LNG Holdings's Debt-to-Equity falls into.


Crown LNG Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Crown LNG Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
=(2.706 + 1.255) / 222.691
=0.02

Crown LNG Holdings's Debt to Equity Ratio for the quarter 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
=(5.007 + 2.303) / 207.782
=0.04

* 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 0.04 mean?
Crown LNG Holdings (CGBSF) has a Debt-to-Equity of 0.04 as of Jun. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Crown LNG Holdings and its competitors.
Is Crown LNG Holdings' Debt-to-Equity too high?
Crown LNG Holdings' current Debt-to-Equity is 0.04. The Oil & Gas industry median Debt-to-Equity is 0.45. Crown LNG Holdings' value of 0.04 is 91.1% below this industry median.
How does Crown LNG Holdings' Debt-to-Equity compare to SDXEF and HTPRF?
Crown LNG Holdings' Debt-to-Equity of 0.04 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-Equity is 0.45. Crown LNG Holdings' value of 0.04 is 91.1% below this benchmark. 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 0.45, based on 805 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. Crown LNG Holdings's current Debt-to-Equity of 0.04 is 91.1% 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 Crown LNG Holdings and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crown LNG Holdings's current Debt-to-Equity is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crown LNG Holdings stock overvalued right now?
Crown LNG Holdings (CGBSF) has a current Debt-to-Equity of 0.04. The current Debt-to-Equity is 0.04 and 91.1% below the Oil & Gas industry median of 0.45. 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 Crown LNG Holdings (CGBSF), the current Debt-to-Equity is 0.04 as of Jun. 2024. 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.

Crown LNG Holdings Business Description

Industry EnergyOil & Gas
Address 44 Esplanade, 3rd Floor, Saint Helier, JEY, JE4 9WG
Crown LNG Holdings Ltd is an LNG infrastructure company that seeks to provide natural gas liquefaction, storage, and re-gasification services. It focuses on enabling a stable and reliable supply of LNG to customers, especially in geographic areas where onshore or floating facilities may be difficult or less desirable as a result of harsh weather conditions, safety or environmental concerns, or cost. It specializes in the design and operation of offshore, all-weather LNG liquefication and re-gasification terminals, such as gravity-based structures. Through Its technologies and design, It believes it can deliver tailored LNG infrastructure suitable for energy-isolated locations, as well as provide critical LNG infrastructure to under-served markets around the world.