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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 PJSC Lukoil's Debt-to-Equity or its related term are showing as below:
LSE:31KX'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.18 Max: 1.11
Current: 0.38
During the past 13 years, the highest Debt-to-Equity Ratio of PJSC Lukoil was 1.11. The lowest was 0.13. And the median was 0.18.
LSE:31KX's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.44
vs LSE:31KX: 0.38
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.
PJSC Lukoil Debt-to-Equity Related Terms
PJSC Lukoil Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for PJSC Lukoil'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.
For the Oil & Gas Integrated subindustry, PJSC Lukoil'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.
PJSC Lukoil Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PJSC Lukoil's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where PJSC Lukoil'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.
PJSC Lukoil (LSE:31KX) has a Debt-to-Equity of 0.38 as of Sep. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PJSC Lukoil and its competitors. This is 111% above median its historical median of 0.18. Over the past decade, PJSC Lukoil's Debt-to-Equity has ranged from 0.13 to 1.11.
Is PJSC Lukoil's Debt-to-Equity too high?
PJSC Lukoil's current Debt-to-Equity of 0.38 is 111% above median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 1.11. The Oil & Gas industry median Debt-to-Equity is 0.44. PJSC Lukoil's value of 0.38 is 13.6% below this industry median. Overall, PJSC Lukoil has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PJSC Lukoil's Debt-to-Equity compare to XOM and CVX?
PJSC Lukoil's Debt-to-Equity of 0.38 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-Equity is 0.44. PJSC Lukoil's value of 0.38 is 13.6% below this benchmark. Historically, PJSC Lukoil's own Debt-to-Equity has ranged from 0.13 to 1.11 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.44, PJSC Lukoil 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 0.44, based on 806 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. PJSC Lukoil's current Debt-to-Equity of 0.38 is 13.6% 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 PJSC Lukoil and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PJSC Lukoil's current Debt-to-Equity is 0.38, which is 111% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJSC Lukoil stock overvalued right now?
PJSC Lukoil (LSE:31KX) has a current Debt-to-Equity of 0.38. The current Debt-to-Equity is 0.38, which is 111% above median its 10-year median of 0.18 and 13.6% below the Oil & Gas industry median of 0.44. PJSC Lukoil's overall GF Score™ is 17/100 with 6 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 PJSC Lukoil (LSE:31KX), the current Debt-to-Equity is 0.38 as of Sep. 2023. 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.
PJSC Lukoil directs the financial decisions and operations of the main group's subsidiaries. Altogether, Lukoil is an integrated oil company that has exposure to the entire range of activities in the oil and gas cycle from exploration to sales of refined products. Exploration and production activities are conducted with assets located in Russia, Iraq, and Uzbekistan, on offshore and onshore fields. Lukoil brings an array of petroleum products to the market through its refinery unit, including gasoline, medium distillates, dark petroleum products, lubricants, and other related products. Russia constitutes a significant portion of the group's distribution network; however, its products penetrate a number of different markets in Europe and the Americas.
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