EXCE (EXCO Resources) Debt-to-Equity: -0.46 (As of Dec. 2018)

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What is EXCO Resources Debt-to-Equity?

EXCO Resources EXCE Debt-to-Equity is -0.46 as of Dec. 2018.

EXCO Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $473.4 Mil. EXCO Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.0 Mil. EXCO Resources's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $-1,026.5 Mil. EXCO Resources's debt to equity for the quarter that ended in Dec. 2018 was -0.46.

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 EXCO Resources's Debt-to-Equity or its related term are showing as below:

EXCE's Debt-to-Equity is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

EXCO Resources (OTCPK:EXCE) 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.

EXCO Resources Debt-to-Equity Related Terms

EXCO Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for EXCO Resources'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.

EXCO Resources Debt-to-Equity Chart

EXCO Resources Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Debt-to-Equity

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2.81

-2.07

-1.50

-1.61

-0.46

EXCO Resources Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Debt-to-Equity	Get a 7-Day Free Trial															-1.61	-0.45	-0.45	-0.45	-0.46

EXCE vs UPLC, AXAS, CHAP: Debt-to-Equity Comparison

For the Oil & Gas E&P subindustry, EXCO Resources'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.

EXCO Resources Debt-to-Equity vs Oil & Gas Industry

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

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

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EXCO Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EXCO Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(473.364	+	0)	/	-1026.496
	=	-0.46

EXCO Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2018 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(473.364	+	0)	/	-1026.496
	=	-0.46

Frequently Asked Questions Learn more about Debt-to-Equity →

What does a Debt-to-Equity of -0.46 mean?

EXCO Resources (EXCE) has a Debt-to-Equity of -0.46 as of Dec. 2018. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on EXCO Resources and its competitors.

Is EXCO Resources' Debt-to-Equity too high?

EXCO Resources' current Debt-to-Equity is -0.46.

How does EXCO Resources' Debt-to-Equity compare to UPLC and AXAS?

EXCO Resources' Debt-to-Equity of -0.46 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-Equity is 0.46. 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 797 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. 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 EXCO Resources 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. EXCO Resources's current Debt-to-Equity is -0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is EXCO Resources stock overvalued right now?

EXCO Resources (EXCE) has a current Debt-to-Equity of -0.46. The current Debt-to-Equity is -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 EXCO Resources (EXCE), the current Debt-to-Equity is -0.46 as of Dec. 2018. 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.

EXCO Resources Business Description

Industry Energy Oil & Gas

Comparable Companies ASX:BLU LSE:JOG LSE:TRIN XBUL:4O1 UPLC AXAS LSE:LEK LSE:GEEC PHS:OV CHAP HKSE:00702 LSE:I3E XTAE:DLRL PHS:OPM LSE:CERP PVL TSXV:CTA TSXV:CWV ISX:ENRG TSX:CR

Address 12377 Merit Drive, Suite 1700, Dallas, TX, USA, 75251

Website http://www.excoresources.com

EXCO Resources Inc is an oil and gas exploration and production company. Its operations include the exploration, acquisition, development, and production of oil and gas reserves. These activities take place in the company's onshore oilfields within the United States, and focus on shale resource plays. Its fields are located in key oil and gas areas, including Texas, Louisiana, and the Appalachian region. The Louisiana and Texas operations are the most productive fields. The majority of the company's revenue is generated from natural gas, with a smaller portion coming from oil.