Sirius Petroleum (LSE:SRSP) Debt-to-Equity: 0.03 (As of Jun. 2018)

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What is Sirius Petroleum Debt-to-Equity?

Sirius Petroleum LSE:SRSP Debt-to-Equity is 0.03 as of Jun. 2018. The stock has 4 warning signs investors should review.

Sirius Petroleum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was £0.25 Mil. Sirius Petroleum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was £0.00 Mil. Sirius Petroleum's Total Stockholders Equity for the quarter that ended in Jun. 2018 was £7.80 Mil. Sirius Petroleum's debt to equity for the quarter that ended in Jun. 2018 was 0.03.

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 Sirius Petroleum's Debt-to-Equity or its related term are showing as below:

LSE:SRSP' s Debt-to-Equity Range Over the Past 10 Years
Min: -11.51   Med: -0.53   Max: 9.97
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Sirius Petroleum was 9.97. The lowest was -11.51. And the median was -0.53.

LSE:SRSP's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.45 vs LSE:SRSP: 0.03

Sirius Petroleum  (LSE:SRSP) 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.

Sirius Petroleum Debt-to-Equity Related Terms

Sirius Petroleum Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Sirius Petroleum'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.

Sirius Petroleum Debt-to-Equity Chart

Sirius Petroleum Annual Data
Trend Jul08 Jul09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.47 -0.71 -11.53 9.97 0.03

Sirius Petroleum Semi-Annual Data
Jan08 Jul08 Jan09 Jul09 Jan10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 -5.84 9.97 0.77 0.03 0.03

LSE:SRSP vs WHZT, GSPE: Debt-to-Equity Comparison

For the Oil & Gas E&P subindustry, Sirius Petroleum'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.

Sirius Petroleum Debt-to-Equity vs Oil & Gas Industry

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

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


Sirius Petroleum Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sirius Petroleum's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 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
=(0.251 + 0) / 8.968
=0.03

Sirius Petroleum's Debt to Equity Ratio for the quarter that ended in Jun. 2018 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
=(0.247 + 0) / 7.804
=0.03

* 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 0.03 mean?
Sirius Petroleum (LSE:SRSP) has a Debt-to-Equity of 0.03 as of Jun. 2018. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sirius Petroleum and its competitors.
Is Sirius Petroleum's Debt-to-Equity too high?
Sirius Petroleum's current Debt-to-Equity is 0.03. The Oil & Gas industry median Debt-to-Equity is 0.45. Sirius Petroleum's value of 0.03 is 93.3% below this industry median.
How does Sirius Petroleum's Debt-to-Equity compare to WHZT and GSPE?
Sirius Petroleum's Debt-to-Equity of 0.03 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-Equity is 0.45. Sirius Petroleum's value of 0.03 is 93.3% below this benchmark. 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. Sirius Petroleum's current Debt-to-Equity of 0.03 is 93.3% 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 Sirius Petroleum 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. Sirius Petroleum's current Debt-to-Equity is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirius Petroleum stock overvalued right now?
Sirius Petroleum (LSE:SRSP) has a current Debt-to-Equity of 0.03. The current Debt-to-Equity is 0.03 and 93.3% below the Oil & Gas industry median of 0.45. 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 Sirius Petroleum (LSE:SRSP), the current Debt-to-Equity is 0.03 as of Jun. 2018. 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.

Sirius Petroleum Business Description

Industry EnergyOil & Gas
Address 25 Bury Street, 1st Floor, London, GBR, SW1Y 6AL
Sirius Petroleum PLC is an independent oil development company. It focuses on opportunities in the oil and gas sector with particular emphasis in Nigeria. The company acquires and develops offshore proven oil discoveries in Nigeria that have beneficial indigenous tax regimes. The company has only one operating segment: Oil Extraction and Related Activities.