RZREF (Razor Energy) Debt-to-Equity: 65.75 (As of Sep. 2023)

What is Razor Energy Debt-to-Equity?

Razor Energy RZREF -99.00% 12 Debt-to-Equity is 65.75 as of Sep. 2023. GuruFocus rates RZREF with a GF Score™ of 12/100.

Razor Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $16.58 Mil. Razor Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.30 Mil. Razor Energy's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $0.27 Mil. Razor Energy's debt to equity for the quarter that ended in Sep. 2023 was 65.75.

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

RZREF's Debt-to-Equity is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

Razor Energy (OTCPK:RZREF) 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.

Razor Energy Debt-to-Equity Related Terms

Razor Energy Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Razor 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.

Razor Energy Debt-to-Equity Chart

Razor Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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3.26

-6.06

-0.99

-2.16

-1.78

Razor Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-2.13	-1.78	-1.53	5.68	65.75

RZREF vs COP, EOG, PXD: Debt-to-Equity Comparison

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

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

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

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

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Razor Energy Corp RZREF

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Razor Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Razor Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(67.055	+	1.948)	/	-38.717
	=	-1.78

Razor Energy's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(16.581	+	1.304)	/	0.272
	=	65.75

Frequently Asked Questions Learn more about Debt-to-Equity →

What does a Debt-to-Equity of 65.75 mean?

Razor Energy (RZREF) has a Debt-to-Equity of 65.75 as of Sep. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Razor Energy and its competitors.

Is Razor Energy's Debt-to-Equity too high?

Razor Energy's current Debt-to-Equity is 65.75. The Oil & Gas industry median Debt-to-Equity is 0.46. Razor Energy's value of 65.75 is 14193.5% above this industry median. Overall, Razor Energy has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Razor Energy's Debt-to-Equity compare to COP and EOG?

Razor Energy's Debt-to-Equity of 65.75 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-Equity is 0.46. Razor Energy's value of 65.75 is 14193.5% 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 0.46, based on 794 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. Razor Energy's current Debt-to-Equity of 65.75 is 14193.5% 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 Razor Energy and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Razor Energy's current Debt-to-Equity is 65.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Razor Energy stock overvalued right now?

Razor Energy (RZREF) has a current Debt-to-Equity of 65.75. The current Debt-to-Equity is 65.75 and 14193.5% above the Oil & Gas industry median of 0.46. Razor Energy's overall GF Score™ is 12/100. 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 Razor Energy (RZREF), the current Debt-to-Equity is 65.75 as of Sep. 2023. 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.

Razor Energy Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:TOH TSXV:WIL TSXV:PUL TSXV:VUX TSXV:PFC TSXV:CDA TSXV:SPI TSX:BNG XCNQ:XOP TSXV:HEVI COP HKSE:00883 EOG TSX:CNQ PXD OXY MIC:NVTK HES ASX:WDS DVN

Address 500-5th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 3L5

Website https://www.razor-energy.com

Razor Energy Corp is a junior oil and gas development and production company. The company is focused on the acquisition and production of oil and gas properties in Alberta. It is involved in the production and development of light oil in Swan Hills Beaverhill Lake and Kaybob Triassic Montney formations.

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