NKRSF (Niko Resources) Debt-to-Equity: 0.00 (As of Dec. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Niko Resources Debt-to-Equity?

Niko Resources NKRSF -90.00% Debt-to-Equity is 0.00 as of Dec. 2018.

Niko Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.00 Mil. Niko Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.00 Mil. Niko Resources's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $-381.90 Mil. Niko Resources's debt to equity for the quarter that ended in Dec. 2018 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 Niko Resources's Debt-to-Equity or its related term are showing as below:

NKRSF's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Niko Resources  (OTCPK:NKRSF) 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.

Niko Resources Debt-to-Equity Related Terms

Niko Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Niko 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.

Niko Resources Debt-to-Equity Chart

Niko Resources Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 -1.03 -0.79 -0.91 -0.66

Niko Resources Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 -0.72 -0.66 -0.61 0.00 0.00

NKRSF vs SNECQ, PTCO, ALTX: Debt-to-Equity Comparison

For the Oil & Gas E&P subindustry, Niko 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.

Niko Resources Debt-to-Equity vs Oil & Gas Industry

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

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


Niko Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Niko Resources's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
=(4.38 + 211.055) / -328.457
=-0.66

Niko Resources's Debt to Equity Ratio for the quarter that ended in Dec. 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 + 0) / -381.9
=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?
Niko Resources (NKRSF) has a Debt-to-Equity of 0.00 as of Dec. 2018. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Niko Resources and its competitors.
Is Niko Resources' Debt-to-Equity too high?
Niko Resources' current Debt-to-Equity is 0.00.
How does Niko Resources' Debt-to-Equity compare to SNECQ and PTCO?
Niko Resources' Debt-to-Equity of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-Equity is 0.44. 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 808 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 Niko Resources 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. Niko Resources'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 Niko Resources stock overvalued right now?
Niko Resources (NKRSF) 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 Niko Resources (NKRSF), the current Debt-to-Equity is 0.00 as of Dec. 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.

Niko Resources Business Description

Industry EnergyOil & Gas
Address 205 - 5th Avenue SW, Suite 2700, Calgary, AB, CAN, T2P 3G6
Niko Resources Ltd is an oil and natural gas exploration and production company.