TXLZF (Tesla Exploration) Debt-to-Equity: -3.47 (As of Mar. 2016)

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What is Tesla Exploration Debt-to-Equity?

Tesla Exploration TXLZF -90.00% Debt-to-Equity is -3.47 as of Mar. 2016.

Tesla Exploration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2016 was $35.02 Mil. Tesla Exploration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2016 was $2.23 Mil. Tesla Exploration's Total Stockholders Equity for the quarter that ended in Mar. 2016 was $-10.72 Mil. Tesla Exploration's debt to equity for the quarter that ended in Mar. 2016 was -3.47.

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 Tesla Exploration's Debt-to-Equity or its related term are showing as below:

TXLZF's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.45
* Ranked among companies with meaningful Debt-to-Equity only.

Tesla Exploration  (OTCPK:TXLZF) 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.

Tesla Exploration Debt-to-Equity Related Terms

Tesla Exploration Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Tesla Exploration'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.

Tesla Exploration Debt-to-Equity Chart

Tesla Exploration Annual Data
Trend Apr06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.58 0.62 0.80 4.09

Tesla Exploration Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 1.39 1.69 4.09 -3.47

TXLZF vs SES, DPDW, BAS: Debt-to-Equity Comparison

For the Oil & Gas Equipment & Services subindustry, Tesla Exploration'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.

Tesla Exploration Debt-to-Equity vs Oil & Gas Industry

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

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


Tesla Exploration Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tesla Exploration's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 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
=(30.269 + 3.408) / 8.242
=4.09

Tesla Exploration's Debt to Equity Ratio for the quarter that ended in Mar. 2016 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
=(35.017 + 2.225) / -10.722
=-3.47

* 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 -3.47 mean?
Tesla Exploration (TXLZF) has a Debt-to-Equity of -3.47 as of Mar. 2016. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tesla Exploration and its competitors.
Is Tesla Exploration's Debt-to-Equity too high?
Tesla Exploration's current Debt-to-Equity is -3.47.
How does Tesla Exploration's Debt-to-Equity compare to SES and DPDW?
Tesla Exploration's Debt-to-Equity of -3.47 can be compared against companies in the Oil & Gas 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 Tesla Exploration 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. Tesla Exploration's current Debt-to-Equity is -3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tesla Exploration stock overvalued right now?
Tesla Exploration (TXLZF) has a current Debt-to-Equity of -3.47. The current Debt-to-Equity is -3.47. 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 Tesla Exploration (TXLZF), the current Debt-to-Equity is -3.47 as of Mar. 2016. 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.

Tesla Exploration Business Description

Industry EnergyOil & Gas
Address 8A Street N.E, Suite 4500, Calgary, AB, CAN, T2E 4J7
Tesla Exploration Ltd is a Canada based geophysical services company. It provides seismic services in North America, Europe, Africa and other international locations. It operates through North American Land Seismic Acquisition, International Land Seismic Acquisition, and Offshore Marine Survey segments. The North American Land Seismic Acquisition and International Land Seismic Acquisition segments offer three dimensional (3D) program design, project management, and experience when acquiring two dimensional (2D) and 3D vibroseis, dynamite and airgun seismic surveys on all types of land terrain, rivers, and lakes. The Offshore Marine Survey segment offers a set of survey services, with project planning and survey design, data acquisition, interpretation and final report preparation.