International Frontier Resources (TSXV:IFR) Debt-to-Equity : -0.05 (As of Sep. 2024)

View and export this data going back to 1997. Start your Free Trial

What is International Frontier Resources Debt-to-Equity?

International Frontier Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. International Frontier Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.06 Mil. International Frontier Resources's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$-1.09 Mil. International Frontier Resources's debt to equity for the quarter that ended in Sep. 2024 was -0.05.

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 International Frontier Resources's Debt-to-Equity or its related term are showing as below:

TSXV:IFR' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.08 Med: 0.01 Max: 0.55
Current: -0.05

During the past 13 years, the highest Debt-to-Equity Ratio of International Frontier Resources was 0.55. The lowest was -0.08. And the median was 0.01.

TSXV:IFR's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.47 vs TSXV:IFR: -0.05

International Frontier Resources Debt-to-Equity Historical Data

The historical data trend for International Frontier Resources'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.

International Frontier Resources Debt-to-Equity Chart

International Frontier Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.03

0.48

-0.06

-0.08

International Frontier Resources 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															-0.04	-0.08	-0.06	-0.06	-0.05

Competitive Comparison of International Frontier Resources's Debt-to-Equity

For the Oil & Gas E&P subindustry, International Frontier Resources'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.

International Frontier Resources's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where International Frontier Resources's Debt-to-Equity falls into.

International Frontier Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

International Frontier Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(0	+	0.053)	/	-0.648
	=	-0.08

International Frontier Resources'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
	=	(0	+	0.055)	/	-1.092
	=	-0.05

International Frontier Resources (TSXV:IFR) 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.

International Frontier Resources Debt-to-Equity Related Terms

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

International Frontier Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » International Frontier Resources Corp (TSXV:IFR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IFRTF:USA

Address

396 11th Avenue S.W, Suite 1320, Calgary, AB, CAN, T2R 0C5

Website

https://www.internationalfrontier.com

International Frontier Resources Corp is engaged in the exploration and development of oil and natural gas reserves. It acquires, develops, exploits, and produces oil and natural gas in Mexico, Northwest Territories, Canada, Tecolutla Contract Mexico, and in northwest Montana in the United States. It operates in Canada and Mexico's geographical segments. It generates the majority of its revenue from Canada.

Executives

Anthony John Kinnon	Director, Senior Officer
Andrew James Fisher	Senior Officer

International Frontier Resources Headlines

No Headlines