JAMGF (Tuktu Resources) Debt-to-Equity: 0.23 (As of Mar. 2026) — 130% Above Median

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What is Tuktu Resources Debt-to-Equity?

Tuktu Resources JAMGF Debt-to-Equity is 0.23 as of Mar. 2026, which is 130% above its 10-year median of 0.10. The stock has 2 warning signs investors should review. Among 796 Oil & Gas companies, Tuktu Resources ranks better than 67.59% on this metric.

Tuktu Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.29 Mil. Tuktu Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.18 Mil. Tuktu Resources's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $2.03 Mil. Tuktu Resources's debt to equity for the quarter that ended in Mar. 2026 was 0.23.

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

JAMGF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.1   Max: 0.43
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Tuktu Resources was 0.43. The lowest was 0.06. And the median was 0.10.

JAMGF's Debt-to-Equity is ranked better than
67.59% of 796 companies
in the Oil & Gas industry
Industry Median: 0.465 vs JAMGF: 0.23

Tuktu Resources  (OTCPK:JAMGF) 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.


Tuktu Resources Debt-to-Equity Related Terms


Tuktu Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Tuktu 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.

Tuktu Resources Debt-to-Equity Chart

Tuktu Resources 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 0.00 0.00 0.07 0.13

Tuktu Resources 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 0.07 0.06 0.07 0.13 0.23

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

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


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

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

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



Tuktu Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Tuktu Resources'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 0.23 mean?
Tuktu Resources (JAMGF) has a Debt-to-Equity of 0.23 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tuktu Resources and its competitors. This is 130% above median its historical median of 0.10. Over the past decade, Tuktu Resources' Debt-to-Equity has ranged from 0.06 to 0.43. According to the industry distribution chart, Tuktu Resources ranks #258 out of 796 companies in the Oil & Gas industry, placing it in the top 32.4%.
Is Tuktu Resources' Debt-to-Equity too high?
Tuktu Resources' current Debt-to-Equity of 0.23 is 130% above median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.43. The Oil & Gas industry median Debt-to-Equity is 0.47. Tuktu Resources' value of 0.23 is 50.5% below this industry median. Based on the distribution chart, Tuktu Resources ranks #258 out of 796 companies in the Oil & Gas industry, which is above the industry midpoint.
How does Tuktu Resources' Debt-to-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Tuktu Resources ranks #258 out of 796 companies for Debt-to-Equity. This puts Tuktu Resources in the upper half of its industry. The industry median Debt-to-Equity is 0.47. Tuktu Resources' value of 0.23 is 50.5% below this benchmark. Historically, Tuktu Resources' own Debt-to-Equity has ranged from 0.06 to 0.43 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 0.47, Tuktu Resources 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 0.47, based on 796 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. Tuktu Resources's current Debt-to-Equity of 0.23 is 50.5% 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 Tuktu Resources and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tuktu Resources's current Debt-to-Equity is 0.23, which is 130% above median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tuktu Resources stock overvalued right now?
Based on GuruFocus' analysis, Tuktu Resources (JAMGF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.06, compared to a current price of $0.01 — trading 85% below its estimated fair value. The current Debt-to-Equity is 0.23, which is 130% above median its 10-year median of 0.10 and 50.5% below the Oil & Gas industry median of 0.47. 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 Tuktu Resources (JAMGF), the current Debt-to-Equity is 0.23 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.

Tuktu Resources Business Description

Industry EnergyOil & Gas
Other Exchanges TUK:Canada
Address 960, 630 - 6th Avenue SW, Calgary, AB, CAN, T2P 0S8
Tuktu Resources Ltd is engaged in the business of oil and natural gas exploration, development, and production. It has gathered a block of developed and undeveloped land harboring at least three light oil targets, an extensive fractured sweet gas reservoir, and a fractured light oil reservoir at the edge of the foothills belt in Southwestern Alberta Deep Basin & Foothills region for its oil and natural gas exploration operations.