Petroteq Energy (STU:PQCF) Debt-to-Equity : 0.02 (As of May. 2022)

Petroteq Energy Debt-to-Equity Chart

Petroteq Energy Annual Data
	Trend	Aug12	Aug13	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21
Debt-to-Equity		Get a 7-Day Free Trial					0.11	0.07	0.13	0.20	0.11

Petroteq Energy Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22
Debt-to-Equity	Get a 7-Day Free Trial															0.15	0.11	0.04	0.04	0.02

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

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

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

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

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

Petroteq Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Petroteq Energy's Debt to Equity Ratio for the fiscal year that ended in Aug. 2021 is calculated as

Petroteq Energy's Debt to Equity Ratio for the quarter that ended in May. 2022 is calculated as

* 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.

Petroteq Energy  (STU:PQCF) 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.

Petroteq Energy Debt-to-Equity Related Terms

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Petroteq Energy (STU:PQCF) Business Description