Whitecap Resources (Whitecap Resources) Debt-to-Equity : 0.26 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Whitecap Resources Debt-to-Equity?

Whitecap Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $6 Mil. Whitecap Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,042 Mil. Whitecap Resources's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $4,014 Mil. Whitecap Resources's debt to equity for the quarter that ended in Mar. 2024 was 0.26.

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 Whitecap Resources's Debt-to-Equity or its related term are showing as below:

SPGYF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.32 Max: 1.94
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Whitecap Resources was 1.94. The lowest was 0.19. And the median was 0.32.

SPGYF's Debt-to-Equity is ranked better than
63.87% of 833 companies
in the Oil & Gas industry
Industry Median: 0.44 vs SPGYF: 0.26

Whitecap Resources Debt-to-Equity Historical Data

The historical data trend for Whitecap Resources'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.

Whitecap Resources Debt-to-Equity Chart

Whitecap Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.43

1.18

0.29

0.37

0.25

Whitecap Resources 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															0.26	0.24	0.22	0.25	0.26

Competitive Comparison of Whitecap Resources's Debt-to-Equity

For the Oil & Gas E&P subindustry, Whitecap Resources'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.

Whitecap Resources's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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

Whitecap Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Whitecap Resources'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
	=	(5.814	+	1024.821)	/	4082.439
	=	0.25

Whitecap Resources'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
	=	(5.836	+	1041.962)	/	4013.667
	=	0.26

Whitecap Resources (OTCPK:SPGYF) 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.

Whitecap Resources Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Whitecap Resources's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Whitecap Resources (Whitecap Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Whitecap Resources Inc (OTCPK:SPGYF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

J6I:Germany WCP:Canada

Address

3800, 525 - 8th Avenue SW, Calgary, AB, CAN, T2P 1G1

Website

https://www.wcap.ca

Whitecap Resources Inc is engaged in the business of acquiring, developing, and holding interests in petroleum and natural gas properties and assets. The company acquires assets with discovered petroleum initially in place and low current recovery factors. Light oil is the primary byproduct of Whitecap's Canadian assets. To extract petroleum products from its resources, the company uses horizontal drilling, in addition to multistage fracturing technology. Crude oil is the revenue generator out of the basket of energy products sold by Whitecap.

Whitecap Resources (Whitecap Resources) Headlines

From GuruFocus

Whitecap Expands Use of Watchdog for Wellsite Monitoring

By PRNewswire PRNewswire • 09-24-2019