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Oracle Commodity Holding (Oracle Commodity Holding) Debt-to-Equity : 0.34 (As of Dec. 2023)


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What is Oracle Commodity Holding Debt-to-Equity?

Oracle Commodity Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.87 Mil. Oracle Commodity Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Oracle Commodity Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $8.39 Mil. Oracle Commodity Holding's debt to equity for the quarter that ended in Dec. 2023 was 0.34.

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 Oracle Commodity Holding's Debt-to-Equity or its related term are showing as below:

ORLCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 0.33   Max: 0.36
Current: 0.34

During the past 0 years, the highest Debt-to-Equity Ratio of Oracle Commodity Holding was 0.36. The lowest was 0.16. And the median was 0.33.

ORLCF's Debt-to-Equity is ranked worse than
61.74% of 1014 companies
in the Asset Management industry
Industry Median: 0.19 vs ORLCF: 0.34

Oracle Commodity Holding Debt-to-Equity Historical Data

The historical data trend for Oracle Commodity Holding'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.

Oracle Commodity Holding Debt-to-Equity Chart

Oracle Commodity Holding Annual Data
Trend
Debt-to-Equity

Oracle Commodity Holding Quarterly Data
Dec21 Mar22 Jun22 Sep22 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial 0.16 0.17 0.33 0.36 0.34

Competitive Comparison of Oracle Commodity Holding's Debt-to-Equity

For the Asset Management subindustry, Oracle Commodity Holding'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.

Oracle Commodity Holding's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Oracle Commodity Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Oracle Commodity Holding's Debt-to-Equity falls into.


Oracle Commodity Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oracle Commodity Holding's Debt to Equity Ratio for the fiscal year that ended in . 20 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
=( + ) / N/A
=N/A

Oracle Commodity Holding's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
=(2.869 + 0) / 8.388
=0.34

* 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.

Oracle Commodity Holding  (OTCPK:ORLCF) 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.

Oracle Commodity Holding Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Oracle Commodity Holding's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Oracle Commodity Holding (Oracle Commodity Holding) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Oracle Commodity Holding Corp (OTCPK:ORLCF) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
ORCL:Canada
Address
409 Granville Street, Suite 1610, Vancouver, BC, CAN, V6C 1T2
Website
https://www.oracleholding.com
Oracle Commodity Holding Corp is a resource royalty and investment company that is focused on acquiring investment opportunities in privately held and publicly traded companies with a focus on publicly traded resource issuers.

Oracle Commodity Holding (Oracle Commodity Holding) Headlines

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