WCYN (West Canyon Energy) Debt-to-Equity: 0.00 (As of Dec. 2012)

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What is West Canyon Energy Debt-to-Equity?

West Canyon Energy WCYN Debt-to-Equity is 0.00 as of Dec. 2012.

West Canyon Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2012 was $0.00 Mil. West Canyon Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2012 was $0.00 Mil. West Canyon Energy's Total Stockholders Equity for the quarter that ended in Dec. 2012 was $-1.60 Mil. West Canyon Energy's debt to equity for the quarter that ended in Dec. 2012 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 West Canyon Energy's Debt-to-Equity or its related term are showing as below:

WCYN's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.465
* Ranked among companies with meaningful Debt-to-Equity only.

West Canyon Energy  (OTCPK:WCYN) 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.

West Canyon Energy Debt-to-Equity Related Terms

West Canyon Energy Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for West Canyon 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.

West Canyon Energy Debt-to-Equity Chart

West Canyon Energy Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Debt-to-Equity
Get a 7-Day Free Trial 0.37 1.40 0.34 0.00 0.00

West Canyon Energy Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 0.00 0.00 0.00 0.00 0.00

WCYN vs EUENF, OOIL, HDYNQ: Debt-to-Equity Comparison

For the Oil & Gas E&P subindustry, West Canyon 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.

West Canyon Energy Debt-to-Equity vs Oil & Gas Industry

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

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


West Canyon Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

West Canyon Energy's Debt to Equity Ratio for the fiscal year that ended in Jun. 2012 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) / -1.499
=0.00

West Canyon Energy's Debt to Equity Ratio for the quarter that ended in Dec. 2012 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) / -1.603
=0.00

* 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 0.00 mean?
West Canyon Energy (WCYN) has a Debt-to-Equity of 0.00 as of Dec. 2012. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on West Canyon Energy and its competitors.
Is West Canyon Energy's Debt-to-Equity too high?
West Canyon Energy's current Debt-to-Equity is 0.00.
How does West Canyon Energy's Debt-to-Equity compare to EUENF and OOIL?
West Canyon Energy's Debt-to-Equity of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-Equity is 0.47. 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 0.47, based on 796 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 West Canyon Energy and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Canyon Energy's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Canyon Energy stock overvalued right now?
West Canyon Energy (WCYN) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. 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 West Canyon Energy (WCYN), the current Debt-to-Equity is 0.00 as of Dec. 2012. 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.

West Canyon Energy Business Description

Industry EnergyOil & Gas
Address 1001 Mayport Road, Suite 330043, Atlantic Beach, FL, USA, 32233
West Canyon Energy Inc together with its subsidiaries, is engaged in the exploration and production of oil and gas properties.