Cnergyico Pk (KAR:CNERGY) Debt-to-Equity : 0.26 (As of Mar. 2024)

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What is Cnergyico Pk Debt-to-Equity?

Cnergyico Pk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨23,875 Mil. Cnergyico Pk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨23,616 Mil. Cnergyico Pk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₨184,714 Mil. Cnergyico Pk's debt to equity for the quarter that ended in Mar. 2024 was 0.26.

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 Cnergyico Pk's Debt-to-Equity or its related term are showing as below:

KAR:CNERGY' s Debt-to-Equity Range Over the Past 10 Years
Min: -11.52 Med: 1.38 Max: 29.57
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Cnergyico Pk was 29.57. The lowest was -11.52. And the median was 1.38.

KAR:CNERGY's Debt-to-Equity is ranked better than
64.58% of 830 companies
in the Oil & Gas industry
Industry Median: 0.45 vs KAR:CNERGY: 0.26

Cnergyico Pk Debt-to-Equity Historical Data

The historical data trend for Cnergyico Pk'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.

Cnergyico Pk Debt-to-Equity Chart

Cnergyico Pk Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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1.68

2.41

1.92

1.67

0.21

Cnergyico Pk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															3.25	0.21	0.27	0.27	0.26

Competitive Comparison of Cnergyico Pk's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, Cnergyico Pk'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.

Cnergyico Pk's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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

Cnergyico Pk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cnergyico Pk's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(20362.746	+	18334.089)	/	185580.133
	=	0.21

Cnergyico Pk's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(23874.88	+	23615.786)	/	184714.037
	=	0.26

Cnergyico Pk (KAR:CNERGY) 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.

Cnergyico Pk Debt-to-Equity Related Terms

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

Cnergyico Pk (KAR:CNERGY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cnergyico Pk Ltd (KAR:CNERGY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Marine Drive, The Harbour Front, 9th Floor, HC-3, Block 4, Dolmen City, Clifton, Karachi, SD, PAK, 75600

Website

http://www.byco.com.pk

Cnergyico Pk Ltd formerly Byco Petroleum Pakistan Ltd is engaged in the production, marketing, and sale of petroleum products. It operates in two business segments namely the Oil Refinery business and the Petroleum marketing business. It generates maximum revenue from the Petroleum marketing business segment. The company refines crude oil into various saleable components including liquefied petroleum gas, light naphtha, heavy naphtha, high octane blending component, motor gasoline, kerosene, jet fuels, high-speed diesel, and furnace oil.

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