TRLEF (Dune Oil) Debt-to-Equity: -0.39 (As of Mar. 2026)

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TRLEF Dune Oil Corp TRLEF
17 GF Score
Price $0.12
GF Value $0.03
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Dune Oil Debt-to-Equity?

Dune Oil TRLEF +0.47% 17 Debt-to-Equity is -0.39 as of Mar. 2026. GuruFocus rates TRLEF with a GF Score™ of 17/100 and a GF Value™ of $0.03 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 808 Oil & Gas companies, Dune Oil ranks worse than 123762.25% on this metric.

Dune Oil's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $15.67 Mil. Dune Oil's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Dune Oil's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-39.79 Mil. Dune Oil's debt to equity for the quarter that ended in Mar. 2026 was -0.39.

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 Dune Oil's Debt-to-Equity or its related term are showing as below:

TRLEF' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.43   Med: 0.26   Max: 1.89
Current: -0.39

During the past 13 years, the highest Debt-to-Equity Ratio of Dune Oil was 1.89. The lowest was -0.43. And the median was 0.26.

TRLEF's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.45 vs TRLEF: -0.39

Dune Oil  (OTCPK:TRLEF) 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.


Dune Oil Debt-to-Equity Related Terms


Dune Oil Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Dune Oil'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.

Dune Oil Debt-to-Equity Chart

Dune Oil Annual Data
Trend Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 0.01 0.63 1.12 -0.43

Dune Oil Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.08 1.19 1.89 -0.43 -0.39

TRLEF vs COP, EOG, FANG: Debt-to-Equity Comparison

For the Oil & Gas E&P subindustry, Dune Oil'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.


Dune Oil Debt-to-Equity vs Oil & Gas Industry

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

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


TRLEF
17GF Score
Dune Oil Corp TRLEF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dune Oil Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dune Oil's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dune Oil's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.39 mean?
Dune Oil (TRLEF) has a Debt-to-Equity of -0.39 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Dune Oil and its competitors. According to the industry distribution chart, Dune Oil ranks #999999 out of 808 companies in the Oil & Gas industry.
Is Dune Oil's Debt-to-Equity too high?
Dune Oil's current Debt-to-Equity is -0.39. Based on the distribution chart, Dune Oil ranks #999999 out of 808 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Dune Oil has a GF Score™ of 17/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dune Oil's Debt-to-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Dune Oil ranks #999999 out of 808 companies for Debt-to-Equity. This places Dune Oil in the lower half of its industry. The industry median Debt-to-Equity is 0.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.45, based on 808 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Dune Oil and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dune Oil's current Debt-to-Equity is -0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dune Oil stock overvalued right now?
Based on GuruFocus' analysis, Dune Oil (TRLEF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.03, compared to a current price of $0.12 — trading 295.2% above its estimated fair value. The current Debt-to-Equity is -0.39. Dune Oil's overall GF Score™ is 17/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Dune Oil (TRLEF), the current Debt-to-Equity is -0.39 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dune Oil (TRLEF) Overvalued in 2026?

Based on GuruFocus' analysis, Dune Oil stock appears to be overvalued. The current stock price of $0.12 is trading 295.2% above its estimated GF Value™ of $0.03. GuruFocus considers Dune Oil to be Significantly Overvalued.

Key valuation signals for TRLEF:

  • Debt-to-Equity: -0.39
  • GF Value™: $0.03 vs. price of $0.12 (295.2% above fair value)
  • GF Score™: 17/100 with 3 warning signs

No single metric tells the full story. See the TRLEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dune Oil Business Description

Industry EnergyOil & Gas
Other Exchanges Z62:GermanyTCF:Canada
Address 838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6
Trillion Energy International Inc is an oil and gas exploration and production company. The company has multiple assets throughout Canada, Turkey and Bulgaria. The segments of the company are bifurcated as Oil segment and Gas segment. It derives maximum revenue from Oil segment. Geographically, the company operates in Canada, Turkey, and Bulgaria; and derives a majority of its revenue from Turkey. The project portfolio of the company includes M47 Oil Exploration Block.
17GF Score

Get the complete analysis for TRLEF

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.12
Price
$0.03
GF Value