Japan Petroleum Exploration Co (STU:JP9) Debt-to-Equity : 0.04 (As of Sep. 2024)

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What is Japan Petroleum Exploration Co Debt-to-Equity?

Japan Petroleum Exploration Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €115 Mil. Japan Petroleum Exploration Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0 Mil. Japan Petroleum Exploration Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €3,212 Mil. Japan Petroleum Exploration Co's debt to equity for the quarter that ended in Sep. 2024 was 0.04.

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 Japan Petroleum Exploration Co's Debt-to-Equity or its related term are showing as below:

STU:JP9' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.29 Max: 0.34
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Japan Petroleum Exploration Co was 0.34. The lowest was 0.00. And the median was 0.29.

STU:JP9's Debt-to-Equity is ranked better than
90.05% of 824 companies
in the Oil & Gas industry
Industry Median: 0.47 vs STU:JP9: 0.04

Japan Petroleum Exploration Co Debt-to-Equity Historical Data

The historical data trend for Japan Petroleum Exploration Co'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.

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Japan Petroleum Exploration Co Debt-to-Equity Chart

Japan Petroleum Exploration Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.31

0.28

Japan Petroleum Exploration Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	N/A	0.04

Competitive Comparison of Japan Petroleum Exploration Co's Debt-to-Equity

For the Oil & Gas E&P subindustry, Japan Petroleum Exploration Co'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.

Japan Petroleum Exploration Co's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Japan Petroleum Exploration Co's Debt-to-Equity falls into.

Japan Petroleum Exploration Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Japan Petroleum Exploration Co'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
	=	(1.535	+	0)	/	3094.329
	=	0.00

Japan Petroleum Exploration Co'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
	=	(114.539	+	0)	/	3212.241
	=	0.04

Japan Petroleum Exploration Co (STU:JP9) 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.

Japan Petroleum Exploration Co Debt-to-Equity Related Terms

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Japan Petroleum Exploration Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Japan Petroleum Exploration Co Ltd (STU:JP9) » Definitions » Debt-to-Equity

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JPTXF:USA 1662:Japan

Address

Sapia Tower, 1-7-12, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.japex.co.jp

Japan Petroleum Exploration Co Ltd is a drilling and exploration company that specializes in the production of crude oil and liquefied natural gas. Majority of the company's revenue is derived from oil and gas fields in Japan, with additional production coming from various international positions. Japan Petroleum Exploration serves natural gas to electric power companies, local distribution companies, and various industrial users. It also supplies and sells crude oil to petroleum refiners and trading companies.

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