GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ERHC Energy Inc (OTCPK:ERHE) » Definitions » Debt-to-Equity

ERHC Energy (ERHC Energy) Debt-to-Equity : -0.03 (As of Jun. 2017)


View and export this data going back to . Start your Free Trial

What is ERHC Energy Debt-to-Equity?

ERHC Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.21 Mil. ERHC Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.00 Mil. ERHC Energy's Total Stockholders Equity for the quarter that ended in Jun. 2017 was $-8.37 Mil. ERHC Energy's debt to equity for the quarter that ended in Jun. 2017 was -0.03.

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

ERHE'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.

ERHC Energy Debt-to-Equity Historical Data

The historical data trend for ERHC 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.

* Premium members only.

ERHC Energy Debt-to-Equity Chart

ERHC Energy Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.14 0.07 -0.03

ERHC Energy Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 0.17 -0.03 -0.01 -0.01 -0.03

Competitive Comparison of ERHC Energy's Debt-to-Equity

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


ERHC Energy's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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



ERHC Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ERHC Energy's Debt to Equity Ratio for the fiscal year that ended in Sep. 2016 is calculated as

ERHC Energy's Debt to Equity Ratio for the quarter that ended in Jun. 2017 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.


ERHC Energy  (OTCPK:ERHE) 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.


ERHC Energy Debt-to-Equity Related Terms

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


ERHC Energy (ERHC Energy) Business Description

Traded in Other Exchanges
N/A
Address
5444 Westheimer Road, Suite 1440, Houston, TX, USA, 77056
ERHC Energy Inc is an exploration company engaged in the exploration of oil and gas in Africa. The company also holds working interests in exploration acreage in the Republic of Kenya, the Republic of Chad, the Joint Development Zone between the Democratic Republic of Sao Tome and Príncipe, the Federal Republic of Nigeria, and the exclusive economic zone of Sao Tome and Principe.

ERHC Energy (ERHC Energy) Headlines

No Headlines