OILCF (Permex Petroleum) Debt-to-Equity: 2.98 (As of Jun. 2025)

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OILCF Permex Petroleum Corp OILCF
57 GF Score
Price $3.27
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What is Permex Petroleum Debt-to-Equity?

Permex Petroleum OILCF 57 Debt-to-Equity is 2.98 as of Jun. 2025. GuruFocus rates OILCF with a GF Score™ of 57/100.

Permex Petroleum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was $5.76 Mil. Permex Petroleum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was $0.00 Mil. Permex Petroleum's Total Stockholders Equity for the quarter that ended in Jun. 2025 was $1.93 Mil. Permex Petroleum's debt to equity for the quarter that ended in Jun. 2025 was 2.98.

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

OILCF's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.465
* Ranked among companies with meaningful Debt-to-Equity only.

Permex Petroleum  (OTCPK:OILCF) 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.

Permex Petroleum Debt-to-Equity Related Terms

Permex Petroleum Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Permex 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.

Permex Petroleum Debt-to-Equity Chart

Permex Petroleum Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Debt-to-Equity
Get a 7-Day Free Trial 0.07 0.03 0.03 0.04 0.92

Permex Petroleum Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 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 0.23 0.92 0.71 1.15 2.98

OILCF vs FECOF, PTCO, GRVE: Debt-to-Equity Comparison

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

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

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

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


OILCF
57GF Score
Permex Petroleum Corp OILCF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Permex Petroleum Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Permex Petroleum's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
=(3.776 + 0) / 4.105
=0.92

Permex Petroleum'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
=(5.755 + 0) / 1.93
=2.98

* 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 2.98 mean?
Permex Petroleum (OILCF) has a Debt-to-Equity of 2.98 as of Jun. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Permex Petroleum and its competitors.
Is Permex Petroleum's Debt-to-Equity too high?
Permex Petroleum's current Debt-to-Equity is 2.98. The Oil & Gas industry median Debt-to-Equity is 0.47. Permex Petroleum's value of 2.98 is 540.9% above this industry median. Overall, Permex Petroleum has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Permex Petroleum's Debt-to-Equity compare to FECOF and PTCO?
Permex Petroleum's Debt-to-Equity of 2.98 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-Equity is 0.47. Permex Petroleum's value of 2.98 is 540.9% above 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 0.47, 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. Permex Petroleum's current Debt-to-Equity of 2.98 is 540.9% above 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 Permex Petroleum and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Permex Petroleum's current Debt-to-Equity is 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permex Petroleum stock overvalued right now?
Permex Petroleum (OILCF) has a current Debt-to-Equity of 2.98. The current Debt-to-Equity is 2.98 and 540.9% above the Oil & Gas industry median of 0.47. Permex Petroleum's overall GF Score™ is 57/100. 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 Permex Petroleum (OILCF), the current Debt-to-Equity is 2.98 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.

Permex Petroleum Business Description

Industry EnergyOil & Gas
Address 666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 2X8
Permex Petroleum Corp is a junior oil and gas company with assets and operations across the Permian Basin of West Texas and the Delaware SubBasin of New Mexico. The company through its wholly-owned subsidiary, Permex Petroleum U.S. Corporation owns and operates on private, state, and federal land. The company has a single reportable segment which is acquisition, development, and production of oil and gas properties in the United States.
57GF Score

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