Seacrest Petroleo Bermuda (OSL:SEAPT) Debt-to-Equity : 2.08 (As of Dec. 2023)

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What is Seacrest Petroleo Bermuda Debt-to-Equity?

Seacrest Petroleo Bermuda's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr305 Mil. Seacrest Petroleo Bermuda's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr3,203 Mil. Seacrest Petroleo Bermuda's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr1,689 Mil. Seacrest Petroleo Bermuda's debt to equity for the quarter that ended in Dec. 2023 was 2.08.

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 Seacrest Petroleo Bermuda's Debt-to-Equity or its related term are showing as below:

OSL:SEAPT' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.37 Med: 2.08 Max: 4.78
Current: 2.08

During the past 5 years, the highest Debt-to-Equity Ratio of Seacrest Petroleo Bermuda was 4.78. The lowest was -1.37. And the median was 2.08.

OSL:SEAPT's Debt-to-Equity is ranked worse than
90.47% of 829 companies
in the Oil & Gas industry
Industry Median: 0.45 vs OSL:SEAPT: 2.08

Seacrest Petroleo Bermuda Debt-to-Equity Historical Data

The historical data trend for Seacrest Petroleo Bermuda'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.

Seacrest Petroleo Bermuda Debt-to-Equity Chart

Seacrest Petroleo Bermuda Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

4.78

-1.37

2.08

Seacrest Petroleo Bermuda Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						-1.37	0.27	1.76	2.66	2.08

Competitive Comparison of Seacrest Petroleo Bermuda's Debt-to-Equity

For the Oil & Gas E&P subindustry, Seacrest Petroleo Bermuda'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.

Seacrest Petroleo Bermuda's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Seacrest Petroleo Bermuda's Debt-to-Equity falls into.

Seacrest Petroleo Bermuda Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Seacrest Petroleo Bermuda's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(305.004	+	3202.735)	/	1688.948
	=	2.08

Seacrest Petroleo Bermuda's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(305.004	+	3202.735)	/	1688.948
	=	2.08

Seacrest Petroleo Bermuda (OSL:SEAPT) 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.

Seacrest Petroleo Bermuda Debt-to-Equity Related Terms

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Seacrest Petroleo Bermuda (OSL:SEAPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Seacrest Petroleo Bermuda Ltd (OSL:SEAPT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

Z2UA:Germany

Address

99 Front Street, Hamilton, BMU, HM 12

Website

https://www.seacrestpetroleo.com

Seacrest Petroleo Bermuda Ltd is an oil and gas exploration group. The Group is engaged in oil and gas exploration, development, production, and trade activities. It has a single operating segment, which consists of oil and gas exploration and production (E&P).

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