Vanoil Energy (Vanoil Energy) Debt-to-Equity : 0.00 (As of Jun. 2016)

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What is Vanoil Energy Debt-to-Equity?

Vanoil Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was $0.00 Mil. Vanoil Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was $0.00 Mil. Vanoil Energy's Total Stockholders Equity for the quarter that ended in Jun. 2016 was $-10.01 Mil. Vanoil Energy's debt to equity for the quarter that ended in Jun. 2016 was 0.00.

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 Vanoil Energy's Debt-to-Equity or its related term are showing as below:

VNLEF'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.

Vanoil Energy Debt-to-Equity Historical Data

The historical data trend for Vanoil Energy'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.

Vanoil Energy Debt-to-Equity Chart

Vanoil Energy Annual Data

Trend

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Debt-to-Equity

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Vanoil Energy Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Vanoil Energy's Debt-to-Equity

For the Oil & Gas E&P subindustry, Vanoil Energy'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.

Vanoil Energy's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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

Vanoil Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vanoil Energy's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(0	+	0)	/	-9.342
	=	0.00

Vanoil Energy's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0	+	0)	/	-10.012
	=	0.00

Vanoil Energy (OTCPK:VNLEF) 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.

Vanoil Energy Debt-to-Equity Related Terms

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Vanoil Energy (Vanoil Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vanoil Energy Ltd (OTCPK:VNLEF) » Definitions » Debt-to-Equity

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Address

3595 Glenview Cres., North Vancouver, BC, CAN, V7R 3E9

Website

http://www.vanoil.ca

Vanoil Energy Ltd is a Canada based company engaged in the acquisition, exploration, and development of crude oil and natural gas properties in Kenya and Seychelles. It holds interests in two onshore blocks, 3A and 3B, in Eastern Kenya. It also holds interests in Areas A and B located in Seychelles.

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