ETOLF (Evolution PowerX) Debt-to-Equity: 0.32 (As of Mar. 2026) — 18% Below Median

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ETOLF Evolution PowerX Corp ETOLF
59 GF Score
Price $1.16
GF Value $0.96
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Evolution PowerX Debt-to-Equity?

Evolution PowerX ETOLF -0.68% 59 Debt-to-Equity is 0.32 as of Mar. 2026, which is 18% below its 10-year median of 0.39. GuruFocus rates ETOLF with a GF Score™ of 59/100 and a GF Value™ of $0.96 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 798 Oil & Gas companies, Evolution PowerX ranks better than 60.65% on this metric.

Evolution PowerX's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $3.45 Mil. Evolution PowerX's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $17.99 Mil. Evolution PowerX's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $66.30 Mil. Evolution PowerX's debt to equity for the quarter that ended in Mar. 2026 was 0.32.

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 Evolution PowerX's Debt-to-Equity or its related term are showing as below:

ETOLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.39   Max: 0.65
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of Evolution PowerX was 0.65. The lowest was 0.12. And the median was 0.39.

ETOLF's Debt-to-Equity is ranked better than
60.65% of 798 companies
in the Oil & Gas industry
Industry Median: 0.46 vs ETOLF: 0.32

Evolution PowerX  (OTCPK:ETOLF) 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.


Evolution PowerX Debt-to-Equity Related Terms


Evolution PowerX Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Evolution PowerX'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.

Evolution PowerX Debt-to-Equity Chart

Evolution PowerX Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.45 0.63 0.33 0.31

Evolution PowerX Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.12 0.27 0.31 0.31 0.32

ETOLF vs SLB, BKR, FTI: Debt-to-Equity Comparison

For the Oil & Gas Equipment & Services subindustry, Evolution PowerX'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.


Evolution PowerX Debt-to-Equity vs Oil & Gas Industry

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

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


ETOLF
59GF Score
Evolution PowerX Corp ETOLF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evolution PowerX Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Evolution PowerX's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Evolution PowerX's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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 0.32 mean?
Evolution PowerX (ETOLF) has a Debt-to-Equity of 0.32 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Evolution PowerX and its competitors. This is 18% below median its historical median of 0.39. Over the past decade, Evolution PowerX's Debt-to-Equity has ranged from 0.12 to 0.65. According to the industry distribution chart, Evolution PowerX ranks #314 out of 798 companies in the Oil & Gas industry, placing it in the top 39.3%.
Is Evolution PowerX's Debt-to-Equity too high?
Evolution PowerX's current Debt-to-Equity of 0.32 is 18% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.65. The Oil & Gas industry median Debt-to-Equity is 0.46. Evolution PowerX's value of 0.32 is 30.4% below this industry median. Based on the distribution chart, Evolution PowerX ranks #314 out of 798 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Evolution PowerX has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evolution PowerX's Debt-to-Equity compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Evolution PowerX ranks #314 out of 798 companies for Debt-to-Equity. This puts Evolution PowerX in the upper half of its industry. The industry median Debt-to-Equity is 0.46. Evolution PowerX's value of 0.32 is 30.4% below this benchmark. Historically, Evolution PowerX's own Debt-to-Equity has ranged from 0.12 to 0.65 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.46, Evolution PowerX has consistently been below 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 798 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. Evolution PowerX's current Debt-to-Equity of 0.32 is 30.4% 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 Evolution PowerX 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. Evolution PowerX's current Debt-to-Equity is 0.32, which is 18% below median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution PowerX stock overvalued right now?
Based on GuruFocus' analysis, Evolution PowerX (ETOLF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.96, compared to a current price of $1.16 — trading 21.3% above its estimated fair value. The current Debt-to-Equity is 0.32, which is 18% below median its 10-year median of 0.39 and 30.4% below the Oil & Gas industry median of 0.46. Evolution PowerX's overall GF Score™ is 59/100 with 9 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 Evolution PowerX (ETOLF), the current Debt-to-Equity is 0.32 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 Evolution PowerX (ETOLF) Overvalued in 2026?

Based on GuruFocus' analysis, Evolution PowerX stock appears to be overvalued. The current stock price of $1.16 is trading 21.3% above its estimated GF Value™ of $0.96. GuruFocus considers Evolution PowerX to be Modestly Overvalued.

Key valuation signals for ETOLF:

  • Debt-to-Equity: 0.32 (18% below median its 10-year median of 0.39)
  • GF Value™: $0.96 vs. price of $1.16 (21.3% above fair value)
  • GF Score™: 59/100 with 9 warning signs
  • Industry Position: 30.4% below the Oil & Gas median (#314 of 798)

No single metric tells the full story. See the ETOLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evolution PowerX Business Description

Industry EnergyOil & Gas
Other Exchanges 3EO1:GermanyE:Canada
Address 340 Circle Drive, Suite 200, St. Albert, AB, CAN, T8N 7L5
Enterprise Group Inc is a consolidator of services-including specialized equipment rental to the energy/resource sector. The Company works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate CO2 and Greenhouse Gas and other harmful emissions for itself and its clients.
59GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.16
Price
$0.96
GF Value