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Olivier Ventures (TSXV:OVL) Debt-to-Equity : -0.07 (As of Jan. 2024)


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What is Olivier Ventures Debt-to-Equity?

Olivier Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.25 Mil. Olivier Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Olivier Ventures's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$-3.80 Mil. Olivier Ventures's debt to equity for the quarter that ended in Jan. 2024 was -0.07.

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 Olivier Ventures's Debt-to-Equity or its related term are showing as below:

TSXV:OVL' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.2   Med: -0.08   Max: -0.07
Current: -0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Olivier Ventures was -0.07. The lowest was -0.20. And the median was -0.08.

TSXV:OVL's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.45 vs TSXV:OVL: -0.07

Olivier Ventures Debt-to-Equity Historical Data

The historical data trend for Olivier Ventures'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.

Olivier Ventures Debt-to-Equity Chart

Olivier Ventures Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.08 -0.07 -0.07 -0.07

Olivier Ventures Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.07 -0.07 -0.07 -0.07 -0.07

Competitive Comparison of Olivier Ventures's Debt-to-Equity

For the Oil & Gas E&P subindustry, Olivier Ventures'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.


Olivier Ventures's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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



Olivier Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Olivier Ventures's Debt to Equity Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Olivier Ventures's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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.


Olivier Ventures  (TSXV:OVL) 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.


Olivier Ventures Debt-to-Equity Related Terms

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


Olivier Ventures (TSXV:OVL) Business Description

Traded in Other Exchanges
N/A
Address
1030 West Georgia Street, Suite 905, Vancouver, BC, CAN, V6E 2Y3
Olivier Ventures Inc is principally engaged in the acquisition, exploration, and development of oil and gas properties located in North America. The company owns an interest in Taber Property.

Olivier Ventures (TSXV:OVL) Headlines