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Zenith EnergyZENAF +58.13% Debt-to-Equity is 0.60 as of Mar. 2026, which is 33% above its 10-year median of 0.45. The stock has 6 warning signs investors should review. Among 797 Oil & Gas companies, Zenith Energy ranks worse than 57.59% on this metric.
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 Zenith Energy's Debt-to-Equity or its related term are showing as below:
ZENAF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.45 Max: 0.9
Current: 0.6
During the past 13 years, the highest Debt-to-Equity Ratio of Zenith Energy was 0.90. The lowest was 0.01. And the median was 0.45.
ZENAF's Debt-to-Equity is ranked worse than 57.59% of 797
companies
in the Oil & Gas industry
Industry Median: 0.46
vs ZENAF: 0.60
Zenith Energy (OTCPK:ZENAF) Debt-to-Equity Explanation
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.
Zenith Energy Debt-to-Equity Related Terms
Zenith Energy Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Zenith 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.
ZENAF vs COP, EOG, FANG: Debt-to-Equity Comparison
For the Oil & Gas E&P subindustry, Zenith 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.
Zenith Energy Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Zenith Energy's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Zenith Energy's Debt-to-Equity falls into.
* 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.
Zenith Energy (ZENAF) has a Debt-to-Equity of 0.60 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zenith Energy and its competitors. This is 33% above median its historical median of 0.45. Over the past decade, Zenith Energy's Debt-to-Equity has ranged from 0.01 to 0.90. According to the industry distribution chart, Zenith Energy ranks #459 out of 797 companies in the Oil & Gas industry, placing it in the top 57.6%.
Is Zenith Energy's Debt-to-Equity too high?
Zenith Energy's current Debt-to-Equity of 0.60 is 33% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.90. The Oil & Gas industry median Debt-to-Equity is 0.46. Zenith Energy's value of 0.60 is 30.4% above this industry median. Based on the distribution chart, Zenith Energy ranks #459 out of 797 companies in the Oil & Gas industry, which is below the industry midpoint.
How does Zenith Energy's Debt-to-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Zenith Energy ranks #459 out of 797 companies for Debt-to-Equity. This places Zenith Energy in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Zenith Energy's value of 0.60 is 30.4% above this benchmark. Historically, Zenith Energy's own Debt-to-Equity has ranged from 0.01 to 0.90 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.46, Zenith Energy has consistently been above the industry average. 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 0.46, based on 797 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. Zenith Energy's current Debt-to-Equity of 0.60 is 30.4% above the industry median. 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 Zenith Energy and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenith Energy's current Debt-to-Equity is 0.60, which is 33% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Energy stock overvalued right now?
Based on GuruFocus' analysis, Zenith Energy (ZENAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.02, compared to a current price of $0.05 — trading 150% above its estimated fair value. The current Debt-to-Equity is 0.60, which is 33% above median its 10-year median of 0.45 and 30.4% above the Oil & Gas industry median of 0.46. 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 Zenith Energy (ZENAF), the current Debt-to-Equity is 0.60 as of Mar. 2026. 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.
Zenith Energy Ltd is an international independent oil and gas company with production, exploration, and development assets in the Republic of the Congo, Italy, and Tunisia. The company's strategic focus is the development of revenue-generating oil production assets, as well as low-risk exploration activities in assets with existing production. Its segments are Italy, Tunisia and Others.
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