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Capitan Investment (TSXV:CAI) Debt-to-Equity : 0.05 (As of Dec. 2023)


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What is Capitan Investment Debt-to-Equity?

Capitan Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.17 Mil. Capitan Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.16 Mil. Capitan Investment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$7.37 Mil. Capitan Investment's debt to equity for the quarter that ended in Dec. 2023 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 Capitan Investment's Debt-to-Equity or its related term are showing as below:

TSXV:CAI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.05
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Capitan Investment was 0.05. The lowest was 0.00. And the median was 0.01.

TSXV:CAI's Debt-to-Equity is ranked better than
89.88% of 830 companies
in the Oil & Gas industry
Industry Median: 0.45 vs TSXV:CAI: 0.05

Capitan Investment Debt-to-Equity Historical Data

The historical data trend for Capitan Investment'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.

Capitan Investment Debt-to-Equity Chart

Capitan Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.02 0.01 0.05

Capitan Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.01 0.05 0.05 0.04 0.05

Competitive Comparison of Capitan Investment's Debt-to-Equity

For the Oil & Gas E&P subindustry, Capitan Investment'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.


Capitan Investment's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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



Capitan Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Capitan Investment's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Capitan Investment's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Capitan Investment  (TSXV:CAI) 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.


Capitan Investment Debt-to-Equity Related Terms

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


Capitan Investment (TSXV:CAI) Business Description

Traded in Other Exchanges
Address
444 - 4th Avenue SW, Suite 400, Calgary, AB, CAN, T2P 0X8
Capitan Investment Ltd is a junior resource exploration company engaged in the acquisition, exploration, and development of petroleum and natural gas reserves in Western Canada.