CNNEQ (Canacol Energy) Debt-to-Equity: 1.88 (As of Sep. 2025) — Near Median

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What is Canacol Energy Debt-to-Equity?

Canacol Energy CNNEQ Debt-to-Equity is 1.88 as of Sep. 2025, which is 6% above its 10-year median of 1.78. The stock has 4 warning signs investors should review. Among 795 Oil & Gas companies, Canacol Energy ranks worse than 86.79% on this metric.

Canacol Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $46.7 Mil. Canacol Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $676.5 Mil. Canacol Energy's Total Stockholders Equity for the quarter that ended in Sep. 2025 was $385.6 Mil. Canacol Energy's debt to equity for the quarter that ended in Sep. 2025 was 1.88.

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

CNNEQ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.71   Med: 1.78   Max: 3.1
Current: 1.88

During the past 13 years, the highest Debt-to-Equity Ratio of Canacol Energy was 3.10. The lowest was 0.71. And the median was 1.78.

CNNEQ's Debt-to-Equity is ranked worse than
86.79% of 795 companies
in the Oil & Gas industry
Industry Median: 0.46 vs CNNEQ: 1.88

Canacol Energy  (OTCPK:CNNEQ) 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.


Canacol Energy Debt-to-Equity Related Terms


Canacol Energy Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Canacol 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.

Canacol Energy Debt-to-Equity Chart

Canacol Energy Annual Data
Trend Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 2.77 1.75 1.92 2.27

Canacol Energy Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 2.10 2.27 2.05 1.98 1.88

CNNEQ vs CRCE, ALTX, FECOF: Debt-to-Equity Comparison

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


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

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

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



Canacol Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Canacol Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Canacol Energy's Debt to Equity Ratio for the quarter that ended in Sep. 2025 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 1.88 mean?
Canacol Energy (CNNEQ) has a Debt-to-Equity of 1.88 as of Sep. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Canacol Energy and its competitors. This is near median its historical median of 1.78. Over the past decade, Canacol Energy's Debt-to-Equity has ranged from 0.71 to 3.10. According to the industry distribution chart, Canacol Energy ranks #690 out of 795 companies in the Oil & Gas industry, placing it in the top 86.8%.
Is Canacol Energy's Debt-to-Equity too high?
Canacol Energy's current Debt-to-Equity of 1.88 is near median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 3.10. The Oil & Gas industry median Debt-to-Equity is 0.46. Canacol Energy's value of 1.88 is 308.7% above this industry median. Based on the distribution chart, Canacol Energy ranks #690 out of 795 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Canacol Energy's Debt-to-Equity compare to CRCE and ALTX?
According to the Oil & Gas industry distribution chart, Canacol Energy ranks #690 out of 795 companies for Debt-to-Equity. This places Canacol Energy in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Canacol Energy's value of 1.88 is 308.7% above this benchmark. Historically, Canacol Energy's own Debt-to-Equity has ranged from 0.71 to 3.10 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 0.46, Canacol Energy 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. Canacol Energy's current Debt-to-Equity of 1.88 is 308.7% 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 Canacol 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. Canacol Energy's current Debt-to-Equity is 1.88, which is near median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canacol Energy stock overvalued right now?
Based on GuruFocus' analysis, Canacol Energy (CNNEQ) is currently considered Possible Value Trap. The stock's GF Value™ is $3.18, compared to a current price of $0.00 — trading 100% below its estimated fair value. The current Debt-to-Equity is 1.88, which is near median its 10-year median of 1.78 and 308.7% above 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 Canacol Energy (CNNEQ), the current Debt-to-Equity is 1.88 as of Sep. 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.

Canacol Energy Business Description

Industry EnergyOil & Gas
Address 215 - 9 Avenue SW, Suite 2000, Calgary, AB, CAN, T2P 1K3
Canacol Energy Ltd is a natural gas and oil exploration and production company. The company operates in the Lower and Middle Magdalena Basins of Colombia.