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Givot Olam Oil Exploration LP (XTAE:GIVO) Debt-to-Equity : -0.76 (As of Dec. 2023)


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What is Givot Olam Oil Exploration LP Debt-to-Equity?

Givot Olam Oil Exploration LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪33.58 Mil. Givot Olam Oil Exploration LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪36.60 Mil. Givot Olam Oil Exploration LP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪-92.41 Mil. Givot Olam Oil Exploration LP's debt to equity for the quarter that ended in Dec. 2023 was -0.76.

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 Givot Olam Oil Exploration LP's Debt-to-Equity or its related term are showing as below:

XTAE:GIVO' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.88   Med: -0.78   Max: 7.33
Current: -0.76

During the past 11 years, the highest Debt-to-Equity Ratio of Givot Olam Oil Exploration LP was 7.33. The lowest was -4.88. And the median was -0.78.

XTAE:GIVO's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.45 vs XTAE:GIVO: -0.76

Givot Olam Oil Exploration LP Debt-to-Equity Historical Data

The historical data trend for Givot Olam Oil Exploration LP'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.

Givot Olam Oil Exploration LP Debt-to-Equity Chart

Givot Olam Oil Exploration LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.54 -1.88 -0.79 -0.63 -0.76

Givot Olam Oil Exploration LP Semi-Annual Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.79 -0.61 -0.63 -0.77 -0.76

Competitive Comparison of Givot Olam Oil Exploration LP's Debt-to-Equity

For the Oil & Gas E&P subindustry, Givot Olam Oil Exploration LP'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.


Givot Olam Oil Exploration LP's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Givot Olam Oil Exploration LP's Debt-to-Equity falls into.



Givot Olam Oil Exploration LP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Givot Olam Oil Exploration LP's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Givot Olam Oil Exploration LP's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Givot Olam Oil Exploration LP  (XTAE:GIVO) 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.


Givot Olam Oil Exploration LP Debt-to-Equity Related Terms

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Givot Olam Oil Exploration LP (XTAE:GIVO) Business Description

Traded in Other Exchanges
N/A
Address
HaShaked Street 9, POB 1903, Hevel Modiin Industrial Park, Jerusalem, ISR, 91451
Givot Olam Oil Exploration LP is Israel based company. It is engaged in exploration & development of Meged oil field at Rosh Ha'Ayin, Israel.

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