GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Treaty Energy Corp (GREY:TECO) » Definitions » Debt-to-Equity

Treaty Energy (Treaty Energy) Debt-to-Equity : -0.38 (As of Sep. 2013)


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

What is Treaty Energy Debt-to-Equity?

Treaty Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was $2.05 Mil. Treaty Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was $0.00 Mil. Treaty Energy's Total Stockholders Equity for the quarter that ended in Sep. 2013 was $-5.41 Mil. Treaty Energy's debt to equity for the quarter that ended in Sep. 2013 was -0.38.

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

TECO's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Treaty Energy Debt-to-Equity Historical Data

The historical data trend for Treaty 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.

* Premium members only.

Treaty Energy Debt-to-Equity Chart

Treaty Energy Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.33 -0.51 -0.83 -2.07 -0.97

Treaty Energy Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.26 -0.97 -0.86 -0.32 -0.38

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

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


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

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

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



Treaty Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Treaty Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Treaty Energy's Debt to Equity Ratio for the quarter that ended in Sep. 2013 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.


Treaty Energy  (GREY:TECO) 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.


Treaty Energy Debt-to-Equity Related Terms

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


Treaty Energy (Treaty Energy) Business Description

Traded in Other Exchanges
N/A
Address
201 St. Charles Avenue, Suite 2558, New Orleans, LA, USA, 70170
Treaty Energy Corp is a crude oil and natural gas producing company. The company acquires and develops oil and gas properties with production capabilities and proven reserves.

Treaty Energy (Treaty Energy) Headlines

No Headlines