PQEFF (Petroteq Energy) Debt-to-Equity: 0.02 (As of May. 2022)

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What is Petroteq Energy Debt-to-Equity?

Petroteq Energy PQEFF -90.00% Debt-to-Equity is 0.02 as of May. 2022.

Petroteq Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2022 was $0.83 Mil. Petroteq Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2022 was $0.38 Mil. Petroteq Energy's Total Stockholders Equity for the quarter that ended in May. 2022 was $70.61 Mil. Petroteq Energy's debt to equity for the quarter that ended in May. 2022 was 0.02.

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 Petroteq Energy's Debt-to-Equity or its related term are showing as below:

PQEFF'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.

Petroteq Energy  (OTCPK:PQEFF) 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.

Petroteq Energy Debt-to-Equity Related Terms

Petroteq Energy Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Petroteq Energy'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.

Petroteq Energy Debt-to-Equity Chart

Petroteq Energy Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.07 0.13 0.20 0.11

Petroteq Energy Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 0.15 0.11 0.04 0.04 0.02

PQEFF vs MMEX, SPOWF, COP: Debt-to-Equity Comparison

For the Oil & Gas E&P subindustry, Petroteq Energy'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.

Petroteq Energy Debt-to-Equity vs Oil & Gas Industry

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

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


Petroteq Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Petroteq Energy's Debt to Equity Ratio for the fiscal year that ended in Aug. 2021 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
=(5.694 + 1.447) / 66.153
=0.11

Petroteq Energy's Debt to Equity Ratio for the quarter that ended in May. 2022 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
=(0.83 + 0.378) / 70.611
=0.02

* 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 0.02 mean?
Petroteq Energy (PQEFF) has a Debt-to-Equity of 0.02 as of May. 2022. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Petroteq Energy and its competitors.
Is Petroteq Energy's Debt-to-Equity too high?
Petroteq Energy's current Debt-to-Equity is 0.02. The Oil & Gas industry median Debt-to-Equity is 0.45. Petroteq Energy's value of 0.02 is 95.6% below this industry median.
How does Petroteq Energy's Debt-to-Equity compare to MMEX and SPOWF?
Petroteq Energy's Debt-to-Equity of 0.02 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-Equity is 0.45. Petroteq Energy's value of 0.02 is 95.6% 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 809 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. Petroteq Energy's current Debt-to-Equity of 0.02 is 95.6% 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 Petroteq Energy 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. Petroteq Energy's current Debt-to-Equity is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petroteq Energy stock overvalued right now?
Petroteq Energy (PQEFF) has a current Debt-to-Equity of 0.02. The current Debt-to-Equity is 0.02 and 95.6% 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 Petroteq Energy (PQEFF), the current Debt-to-Equity is 0.02 as of May. 2022. 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.

Petroteq Energy Business Description

Industry EnergyOil & Gas
Address 15315 W. Magnolia Boulevard, Suite 120, Sherman Oaks, CA, USA, 91403
Petroteq Energy Inc is a fully integrated oil and gas company focused on the development and implementation of new proprietary technology for oil extraction. The company operated in two reportable segments being Oil Extraction and Processing Operations and Mining Operations. It generates revenue from the sale of hydrocarbon.