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CNPTF (Central Petroleum) Debt-to-Equity : 0.72 (As of Dec. 2024)


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What is Central Petroleum Debt-to-Equity?

Central Petroleum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.30 Mil. Central Petroleum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $15.47 Mil. Central Petroleum's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $21.78 Mil. Central Petroleum's debt to equity for the quarter that ended in Dec. 2024 was 0.72.

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 Central Petroleum's Debt-to-Equity or its related term are showing as below:

CNPTF' s Debt-to-Equity Range Over the Past 10 Years
Min: -52.37   Med: 1.7   Max: 45.51
Current: 0.72

During the past 13 years, the highest Debt-to-Equity Ratio of Central Petroleum was 45.51. The lowest was -52.37. And the median was 1.70.

CNPTF's Debt-to-Equity is ranked worse than
63.57% of 818 companies
in the Oil & Gas industry
Industry Median: 0.45 vs CNPTF: 0.72

Central Petroleum Debt-to-Equity Historical Data

The historical data trend for Central Petroleum'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.

* Premium members only.

Central Petroleum Debt-to-Equity Chart

Central Petroleum Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.50 18.52 1.20 1.45 0.74

Central Petroleum Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1.94 1.45 0.77 0.74 0.72

Competitive Comparison of Central Petroleum's Debt-to-Equity

For the Oil & Gas E&P subindustry, Central Petroleum'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.


Central Petroleum's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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


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Central Petroleum Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Central Petroleum's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Central Petroleum's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Central Petroleum  (OTCPK:CNPTF) 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.


Central Petroleum Debt-to-Equity Related Terms

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


Central Petroleum Business Description

Traded in Other Exchanges
Address
369 Ann Street, Level 7, Brisbane, QLD, AUS, 4000
Central Petroleum Ltd is an oil and gas explorer and conventional producer with a focus on supplying the domestic gas market. It is engaged in the development, production, processing, and marketing of hydrocarbons and associated exploration. The company's operating segment includes production; development; and exploration. It generates maximum revenue from the Natural gas production segment. Geographically, the company operates only in Australia.

Central Petroleum Headlines