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Kelt ExplorationKELTF +1.47%59 Debt-to-Equity is 0.16 as of Jun. 2026, which is 23% above its 10-year median of 0.13. GuruFocus rates KELTF with a GF Score™ of 59/100 and a GF Value™ of $6.11 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 811 Oil & Gas companies, Kelt Exploration ranks better than 73.49% on this metric.
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 Kelt Exploration's Debt-to-Equity or its related term are showing as below:
KELTF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.13 Max: 0.68
Current: 0.16
During the past 13 years, the highest Debt-to-Equity Ratio of Kelt Exploration was 0.68. The lowest was 0.00. And the median was 0.13.
KELTF's Debt-to-Equity is ranked better than 73.49% of 811
companies
in the Oil & Gas industry
Industry Median: 0.45
vs KELTF: 0.16
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.
Kelt Exploration Debt-to-Equity Related Terms
Kelt Exploration Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Kelt Exploration'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.
KELTF vs COP, EOG, FANG: Debt-to-Equity Comparison
For the Oil & Gas E&P subindustry, Kelt Exploration'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.
Kelt Exploration Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kelt Exploration's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Kelt Exploration's Debt-to-Equity falls into.
* 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.
Kelt Exploration (KELTF) has a Debt-to-Equity of 0.16 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kelt Exploration and its competitors. This is 23% above median its historical median of 0.13. According to the industry distribution chart, Kelt Exploration ranks #215 out of 811 companies in the Oil & Gas industry, placing it in the top 26.5%.
Is Kelt Exploration's Debt-to-Equity too high?
Kelt Exploration's current Debt-to-Equity of 0.16 is 23% above median its 10-year median of 0.13. The Oil & Gas industry median Debt-to-Equity is 0.45. Kelt Exploration's value of 0.16 is 64.4% below this industry median. Based on the distribution chart, Kelt Exploration ranks #215 out of 811 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Kelt Exploration has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kelt Exploration's Debt-to-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Kelt Exploration ranks #215 out of 811 companies for Debt-to-Equity. This puts Kelt Exploration in the upper half of its industry. The industry median Debt-to-Equity is 0.45. Kelt Exploration's value of 0.16 is 64.4% below this benchmark. While the company's 10-year median is 0.13 vs. the industry median of 0.45, Kelt Exploration 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 0.45, based on 811 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. Kelt Exploration's current Debt-to-Equity of 0.16 is 64.4% 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 Kelt Exploration and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelt Exploration's current Debt-to-Equity is 0.16, which is 23% above median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelt Exploration stock overvalued right now?
Based on GuruFocus' analysis, Kelt Exploration (KELTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.11, compared to a current price of $7.60 — trading 24.4% above its estimated fair value. The current Debt-to-Equity is 0.16, which is 23% above median its 10-year median of 0.13 and 64.4% below the Oil & Gas industry median of 0.45. Kelt Exploration's overall GF Score™ is 59/100 with 7 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 Kelt Exploration (KELTF), the current Debt-to-Equity is 0.16 as of Jun. 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.
Is Kelt Exploration (KELTF) Overvalued in 2026?
Based on GuruFocus' analysis, Kelt Exploration stock appears to be overvalued.
The current stock price of $7.60 is trading 24.4% above its estimated GF Value™ of $6.11.
GuruFocus considers Kelt Exploration to be Modestly Overvalued.
Key valuation signals for KELTF:
Debt-to-Equity: 0.16 (23% above median its 10-year median of 0.13)
GF Value™: $6.11 vs. price of $7.60 (24.4% above fair value)
Industry Position: 64.4% below the Oil & Gas median (#215 of 811)
No single metric tells the full story. See the KELTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in northwestern Alberta and northeastern British Columbia. The company focuses on exploration, development and production of crude oil and natural gas resources, in west central Alberta and northeastern British Columbia.
59GF Score
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