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Edge Resources (LSE:EDG) Debt-to-Equity : -0.99 (As of Dec. 2015)


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What is Edge Resources Debt-to-Equity?

Edge Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2015 was £3.77 Mil. Edge Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2015 was £5.48 Mil. Edge Resources's Total Stockholders Equity for the quarter that ended in Dec. 2015 was £-9.30 Mil. Edge Resources's debt to equity for the quarter that ended in Dec. 2015 was -0.99.

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 Edge Resources's Debt-to-Equity or its related term are showing as below:

LSE:EDG's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.45
* Ranked among companies with meaningful Debt-to-Equity only.

Edge Resources Debt-to-Equity Historical Data

The historical data trend for Edge Resources'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.

Edge Resources Debt-to-Equity Chart

Edge Resources Annual Data
Trend Mar01 Mar02 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 1.86 1.27 1.14 5.24

Edge Resources Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 1.52 5.24 7.34 10.61 -0.99

Competitive Comparison of Edge Resources's Debt-to-Equity

For the Oil & Gas E&P subindustry, Edge Resources'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.


Edge Resources's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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



Edge Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Edge Resources's Debt to Equity Ratio for the fiscal year that ended in Mar. 2015 is calculated as

Edge Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2015 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.


Edge Resources  (LSE:EDG) 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.


Edge Resources Debt-to-Equity Related Terms

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


Edge Resources (LSE:EDG) Business Description

Traded in Other Exchanges
N/A
Address
Elveden House, 717 - 7th Avenue SW, Suite 1400, Calgary, AB, CAN, T2P 0Z3
Edge Resources Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas in Alberta and Saskatchewan, Canada. Its projects include Grand Forks, Willesden Green North, and Primate.

Edge Resources (LSE:EDG) Headlines

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