Reconnaissance Energy Africa (STU:0XD) Debt-to-Equity : 0.00 (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Reconnaissance Energy Africa Debt-to-Equity?

Reconnaissance Energy Africa's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.00 Mil. Reconnaissance Energy Africa's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.00 Mil. Reconnaissance Energy Africa's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €123.65 Mil. Reconnaissance Energy Africa's debt to equity for the quarter that ended in Sep. 2024 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Reconnaissance Energy Africa was 0.06. The lowest was 0.00. And the median was 0.03.

STU:0XD's Debt-to-Equity is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.47
* Ranked among companies with meaningful Debt-to-Equity only.

Reconnaissance Energy Africa Debt-to-Equity Historical Data

The historical data trend for Reconnaissance Energy Africa'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.

Reconnaissance Energy Africa Debt-to-Equity Chart

Reconnaissance Energy Africa Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Dec20

Dec21

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

Reconnaissance Energy Africa Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Reconnaissance Energy Africa's Debt-to-Equity

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

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

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

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

Reconnaissance Energy Africa Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Reconnaissance Energy Africa's Debt to Equity Ratio for the fiscal year 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	+	0)	/	93.016
	=	0.00

Reconnaissance Energy Africa's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	0)	/	123.648
	=	0.00

Reconnaissance Energy Africa (STU:0XD) 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.

Reconnaissance Energy Africa Debt-to-Equity Related Terms

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

Reconnaissance Energy Africa Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Reconnaissance Energy Africa Ltd (STU:0XD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RECAF:USA 0XD:Germany RECO:Canada

Address

Bentall, PO Box 48326, Vancouver, BC, CAN, V7X 1A1

Website

https://www.reconafrica.com

Reconnaissance Energy Africa Ltd is a junior oil and gas company engaged in the exploration and development of oil and gas in Namibia and Botswana. It holds a substantial interest in a petroleum exploration license in northeast Namibia which covers the entire Kavango sedimentary basin. The Company's operating segments are: the exploration and evaluation of its African assets; the oil and gas operations in Mexico; and the corporate segment. The Mexico segment derives its revenues solely from the production and sale of oil and natural gas from one customer. The corporate segment majorly aggregates costs incurred at the Company's head office in Vancouver and the operations office in Calgary.

Reconnaissance Energy Africa Headlines

No Headlines