HPMCF (Africa Energy) Debt-to-Equity: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HPMCF Africa Energy Corp HPMCF
25 GF Score
Price $0.11
! 2 Warning Signs
View Full Analysis

What is Africa Energy Debt-to-Equity?

Africa Energy HPMCF 25 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates HPMCF with a GF Score™ of 25/100. The stock has 2 warning signs investors should review. Among 795 Oil & Gas companies, Africa Energy ranks worse than 125786.04% on this metric.

Africa Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Africa Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Africa Energy's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $40.28 Mil. Africa Energy's debt to equity for the quarter that ended in Mar. 2026 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Africa Energy was 0.33. The lowest was 0.00. And the median was 0.02.

HPMCF'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.

Africa Energy  (OTCPK:HPMCF) 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.

Africa Energy Debt-to-Equity Related Terms

Africa Energy Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Africa 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.

Africa Energy Debt-to-Equity Chart

Africa Energy 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 0.00 0.02 0.05 0.33 0.00

Africa Energy 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 0.00 0.00 0.00 0.00 0.00

HPMCF vs COP, EOG, FANG: Debt-to-Equity Comparison

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

Africa Energy Debt-to-Equity vs Oil & Gas Industry

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

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


HPMCF
25GF Score
Africa Energy Corp HPMCF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Africa Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Africa Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 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 + 0) / 40.818
=0.00

Africa Energy's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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 + 0) / 40.276
=0.00

* 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 0.00 mean?
Africa Energy (HPMCF) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Africa Energy and its competitors. According to the industry distribution chart, Africa Energy ranks #999999 out of 795 companies in the Oil & Gas industry.
Is Africa Energy's Debt-to-Equity too high?
Africa Energy's current Debt-to-Equity is 0.00. Based on the distribution chart, Africa Energy ranks #999999 out of 795 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Africa Energy has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Africa Energy's Debt-to-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Africa Energy ranks #999999 out of 795 companies for Debt-to-Equity. This places Africa Energy in the lower half of its 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 795 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 Africa Energy 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. Africa Energy's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Africa Energy stock overvalued right now?
Africa Energy (HPMCF) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Africa Energy's overall GF Score™ is 25/100 with 2 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 Africa Energy (HPMCF), the current Debt-to-Equity is 0.00 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.

Africa Energy Business Description

Industry EnergyOil & Gas
Address 666 Burrard Street, Suite 2500, Vancouver, BC, CAN, V6C 2X8
Africa Energy Corp is an international oil and gas exploration company based in Canada focused on South Africa.
25GF Score

Get the complete analysis for HPMCF

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

$0.11
Price