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Efora Energy (JSE:EEL) Debt-to-Equity : 0.06 (As of Aug. 2023)


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What is Efora Energy Debt-to-Equity?

Efora Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was R2.01 Mil. Efora Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was R0.65 Mil. Efora Energy's Total Stockholders Equity for the quarter that ended in Aug. 2023 was R47.16 Mil. Efora Energy's debt to equity for the quarter that ended in Aug. 2023 was 0.06.

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

JSE:EEL' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.32   Med: 0.46   Max: 7.18
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Efora Energy was 7.18. The lowest was -3.32. And the median was 0.46.

JSE:EEL's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.45 vs JSE:EEL: 0.06

Efora Energy Debt-to-Equity Historical Data

The historical data trend for Efora 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.

Efora Energy Debt-to-Equity Chart

Efora Energy Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.46 -3.32 N/A 0.04

Efora Energy Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 N/A N/A 0.03 0.04 0.06

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

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


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

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

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



Efora Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Efora Energy's Debt to Equity Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Efora Energy's Debt to Equity Ratio for the quarter that ended in Aug. 2023 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.


Efora Energy  (JSE:EEL) 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.


Efora Energy Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Efora Energy's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Efora Energy (JSE:EEL) Business Description

Traded in Other Exchanges
N/A
Address
Leslie Avenue, 2nd Floor, Building 11, Design Quarter District, Fourways, Johannesburg, GT, ZAF, 2191
Efora Energy Ltd is an African oil and gas company. It has a diverse portfolio of assets spanning production in Egypt; exploration and appraisal in the Democratic Republic of Congo, Malawi and Botswana; and midstream projects including a crude trading allocation in Nigeria and a terminal project in Equatorial Guinea. The operations of the Group comprise oil and gas exploration and production, crude trading, and the sale of petroleum products. It derives majority revenue from the sale of petroleum products.

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