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DNO ASACHIX:DNOO 75 Debt-to-Equity is 1.02 as of Mar. 2026, which is 26% above its 10-year median of 0.81. GuruFocus rates CHIX:DNOO with a GF Score™ of 75/100 and a GF Value™ of kr28.89 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 795 Oil & Gas companies, DNO ASA ranks worse than 74.21% on this metric.
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 DNO ASA's Debt-to-Equity or its related term are showing as below:
CHIX:DNOo'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.81 Max: 1.34
Current: 1.02
During the past 13 years, the highest Debt-to-Equity Ratio of DNO ASA was 1.34. The lowest was 0.37. And the median was 0.81.
CHIX:DNOo's Debt-to-Equity is ranked worse than 74.21% of 795
companies
in the Oil & Gas industry
Industry Median: 0.46
vs CHIX:DNOo: 1.02
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.
DNO ASA Debt-to-Equity Related Terms
DNO ASA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for DNO ASA'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.
CHIX:DNOO vs COP, EOG, FANG: Debt-to-Equity Comparison
For the Oil & Gas E&P subindustry, DNO ASA'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.
DNO ASA Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, DNO ASA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where DNO ASA's Debt-to-Equity falls into.
* 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.
DNO ASA (CHIX:DNOO) has a Debt-to-Equity of 1.02 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on DNO ASA and its competitors. This is 26% above median its historical median of 0.81. Over the past decade, DNO ASA's Debt-to-Equity has ranged from 0.37 to 1.34. According to the industry distribution chart, DNO ASA ranks #590 out of 795 companies in the Oil & Gas industry, placing it in the top 74.2%.
Is DNO ASA's Debt-to-Equity too high?
DNO ASA's current Debt-to-Equity of 1.02 is 26% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.34. The Oil & Gas industry median Debt-to-Equity is 0.46. DNO ASA's value of 1.02 is 121.7% above this industry median. Based on the distribution chart, DNO ASA ranks #590 out of 795 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, DNO ASA has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DNO ASA's Debt-to-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, DNO ASA ranks #590 out of 795 companies for Debt-to-Equity. This places DNO ASA in the lower half of its industry. The industry median Debt-to-Equity is 0.46. DNO ASA's value of 1.02 is 121.7% above this benchmark. Historically, DNO ASA's own Debt-to-Equity has ranged from 0.37 to 1.34 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 0.46, DNO ASA has consistently been above 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. DNO ASA's current Debt-to-Equity of 1.02 is 121.7% above 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 DNO ASA 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. DNO ASA's current Debt-to-Equity is 1.02, which is 26% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DNO ASA stock overvalued right now?
Based on GuruFocus' analysis, DNO ASA (CHIX:DNOO) is currently considered Possible Value Trap. The stock's GF Value™ is kr28.89, compared to a current price of kr16.34 — trading 43.4% below its estimated fair value. The current Debt-to-Equity is 1.02, which is 26% above median its 10-year median of 0.81 and 121.7% above the Oil & Gas industry median of 0.46. DNO ASA's overall GF Score™ is 75/100 with 4 warning signs to review. 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 DNO ASA (CHIX:DNOO), the current Debt-to-Equity is 1.02 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.
Is DNO ASA (CHIX:DNOO) Overvalued in 2026?
Based on GuruFocus' analysis, DNO ASA stock appears to be undervalued.
The current stock price of kr16.34 is trading 43.4% below its estimated GF Value™ of kr28.89.
GuruFocus considers DNO ASA to be Possible Value Trap.
Key valuation signals for CHIX:DNOO:
Debt-to-Equity: 1.02 (26% above median its 10-year median of 0.81)
GF Value™: kr28.89 vs. price of kr16.34 (43.4% below fair value)
Industry Position: 121.7% above the Oil & Gas median (#590 of 795)
No single metric tells the full story. See the CHIX:DNOO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DNO ASA is an oil and gas exploration and production company. Its producing assets are located across the North Sea, which generates the majority of the revenue, Kurdistan, and West Africa. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities. The company generates a majority of its revenue from the sale of oil and the rest from tariff income, the sale of gas, and natural gas liquids.
75GF Score
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