Avila Energy (Avila Energy) Debt-to-Equity : 0.67 (As of Mar. 2024)

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What is Avila Energy Debt-to-Equity?

Avila Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.91 Mil. Avila Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $5.25 Mil. Avila Energy's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $9.21 Mil. Avila Energy's debt to equity for the quarter that ended in Mar. 2024 was 0.67.

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

PTRVF' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.15 Med: 0.2 Max: 1.43
Current: 0.67

During the past 9 years, the highest Debt-to-Equity Ratio of Avila Energy was 1.43. The lowest was -4.15. And the median was 0.20.

PTRVF's Debt-to-Equity is ranked worse than
62.48% of 829 companies
in the Oil & Gas industry
Industry Median: 0.45 vs PTRVF: 0.67

Avila Energy Debt-to-Equity Historical Data

The historical data trend for Avila 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.

* Premium members only.

Avila Energy Debt-to-Equity Chart

Avila Energy Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-1.73

-1.60

0.22

0.19

0.60

Avila Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.12	0.21	0.18	0.60	0.67

Competitive Comparison of Avila Energy's Debt-to-Equity

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

Avila Energy's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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

Avila Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avila Energy'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
	=	(0.672	+	5.305)	/	10.019
	=	0.60

Avila Energy's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(0.905	+	5.254)	/	9.21
	=	0.67

Avila Energy (OTCPK:PTRVF) 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.

Avila Energy Debt-to-Equity Related Terms

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Avila Energy (Avila Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Avila Energy Corp (OTCPK:PTRVF) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

6HQ0:Germany VIK:Canada

Address

1439 17th Avenue SE, Suite 201, Calgary, AB, CAN, T2G 1J9

Website

https://www.avilaenergy.com

Avila Energy Corp is a producer, explorer, and developer of energy in Canada. The company generates revenue from the sale of commodities, which primarily consist of natural gas.