LEKOF (Fenikso) Debt-to-Equity: 0.00 (As of Jun. 2025)


What is Fenikso Debt-to-Equity?

Fenikso LEKOF Debt-to-Equity is 0.00 as of Jun. 2025. The stock has 1 warning sign investors should review. Among 796 Oil & Gas companies, Fenikso ranks better than 57.16% on this metric.

Fenikso's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was $0.00 Mil. Fenikso's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was $0.00 Mil. Fenikso's Total Stockholders Equity for the quarter that ended in Jun. 2025 was $21.76 Mil. Fenikso's debt to equity for the quarter that ended in Jun. 2025 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 Fenikso's Debt-to-Equity or its related term are showing as below:

LEKOF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.13   Max: 0.48
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of Fenikso was 0.48. The lowest was 0.04. And the median was 0.13.

LEKOF's Debt-to-Equity is ranked better than
57.16% of 796 companies
in the Oil & Gas industry
Industry Median: 0.46 vs LEKOF: 0.38

Fenikso  (OTCPK:LEKOF) 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.

Fenikso Debt-to-Equity Related Terms

Fenikso Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Fenikso'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.

Fenikso Debt-to-Equity Chart

Fenikso Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.48 0.45 0.38

Fenikso Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.45 0.00 0.38 0.00

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

For the Oil & Gas E&P subindustry, Fenikso'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.

Fenikso Debt-to-Equity vs Oil & Gas Industry

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

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


Fenikso Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fenikso's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
=(3.265 + 4.494) / 20.253
=0.38

Fenikso's Debt to Equity Ratio for the quarter that ended in Jun. 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) / 21.755
=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?
Fenikso (LEKOF) has a Debt-to-Equity of 0.00 as of Jun. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Fenikso and its competitors. Over the past decade, Fenikso's Debt-to-Equity has ranged from 0.04 to 0.48. According to the industry distribution chart, Fenikso ranks #341 out of 796 companies in the Oil & Gas industry, placing it in the top 42.8%.
Is Fenikso's Debt-to-Equity too high?
Fenikso's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.48. Based on the distribution chart, Fenikso ranks #341 out of 796 companies in the Oil & Gas industry, which is above the industry midpoint.
How does Fenikso's Debt-to-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Fenikso ranks #341 out of 796 companies for Debt-to-Equity. This puts Fenikso in the upper half of its industry. The industry median Debt-to-Equity is 0.46. Historically, Fenikso's own Debt-to-Equity has ranged from 0.04 to 0.48 over the past decade. 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 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. 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 Fenikso 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. Fenikso'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 Fenikso stock overvalued right now?
Fenikso (LEKOF) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. 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 Fenikso (LEKOF), the current Debt-to-Equity is 0.00 as of Jun. 2025. 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.

Fenikso Business Description

Industry EnergyOil & Gas
Other Exchanges FNK:UKL5K:Germany
Address C/O Walkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman, CYM, KY1-9008
Fenikso Ltd is functional in the upstream oil and gas industry in Nigeria. The company earns its income from proceeds of oil sales at Otakikpo field in Nigeria.