Genel Energy (Genel Energy) Debt-to-Equity : 0.56 (As of Dec. 2023)

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What is Genel Energy Debt-to-Equity?

Genel Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Genel Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $244.20 Mil. Genel Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $433.90 Mil. Genel Energy's debt to equity for the quarter that ended in Dec. 2023 was 0.56.

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

GEGYY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.33 Max: 0.56
Current: 0.56

During the past 13 years, the highest Debt-to-Equity Ratio of Genel Energy was 0.56. The lowest was 0.13. And the median was 0.33.

GEGYY's Debt-to-Equity is ranked worse than
57.3% of 829 companies
in the Oil & Gas industry
Industry Median: 0.45 vs GEGYY: 0.56

Genel Energy Debt-to-Equity Historical Data

The historical data trend for Genel 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.

Genel Energy Debt-to-Equity Chart

Genel Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.22

0.38

0.48

0.51

0.56

Genel Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.48	0.40	0.51	0.58	0.56

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

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

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

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

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

Genel Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Genel Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(0	+	244.2)	/	433.9
	=	0.56

Genel Energy's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(0	+	244.2)	/	433.9
	=	0.56

Genel Energy (OTCPK:GEGYY) 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.

Genel Energy Debt-to-Equity Related Terms

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Genel Energy (Genel Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Genel Energy PLC (OTCPK:GEGYY) » Definitions » Debt-to-Equity

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GEGYF:USA GENLl:UK GENL:UK 4VL:Germany

Address

Fifth Floor, 36 Broadway, Victoria, London, GBR, SW1H 0BH

Website

https://www.genelenergy.com

Genel Energy PLC produces oil and gas primarily in the Kurdistan region of Iraq. The Company has two reportable business segments: Production and Pre-production. Capital allocation decisions for the production segment are considered in the context of the cash flows expected from the production and sale of crude oil. The production segment is comprised of the producing fields on the Tawke PSC , the Taq Taq PSC and the Sarta PSC which are located in the KRI and make sales predominantly to the KRG. The pre-production segment is comprised of discovered resource held under the Qara Dagh PSC, the Bina Bawi PSC and the Miran PSC , all in the KRI and exploration activity, principally located in Somaliland and Morocco.