Boomerang Oil (XCNQ:BOI) Debt-to-Equity : -22.95 (As of Jun. 2015)

Boomerang Oil Debt-to-Equity Chart

Boomerang Oil Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Debt-to-Equity	Get a 7-Day Free Trial										0.62	1.01	1.83	4.52	-22.95

Competitive Comparison of Boomerang Oil's Debt-to-Equity

For the Oil & Gas E&P subindustry, Boomerang Oil'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.

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

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

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

Boomerang Oil Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Boomerang Oil's Debt to Equity Ratio for the fiscal year that ended in Sep. 2014 is calculated as

Boomerang Oil's Debt to Equity Ratio for the quarter that ended in Jun. 2015 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.

Boomerang Oil  (XCNQ:BOI) 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.

Boomerang Oil Debt-to-Equity Related Terms

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Boomerang Oil (XCNQ:BOI) Business Description