Kunlun Energy Co (Kunlun Energy Co) Debt-to-Equity : 0.40 (As of Dec. 2023)

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What is Kunlun Energy Co Debt-to-Equity?

Kunlun Energy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $795 Mil. Kunlun Energy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,734 Mil. Kunlun Energy Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $8,886 Mil. Kunlun Energy Co's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

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 Kunlun Energy Co's Debt-to-Equity or its related term are showing as below:

KUNUF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.51 Max: 1.12
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of Kunlun Energy Co was 1.12. The lowest was 0.40. And the median was 0.51.

KUNUF's Debt-to-Equity is ranked better than
52.89% of 830 companies
in the Oil & Gas industry
Industry Median: 0.44 vs KUNUF: 0.40

Kunlun Energy Co Debt-to-Equity Historical Data

The historical data trend for Kunlun Energy Co'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.

Kunlun Energy Co Debt-to-Equity Chart

Kunlun Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.70

0.53

0.45

0.43

0.40

Kunlun Energy Co Semi-Annual Data
	Jun14	Dec14	Jun15	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															0.45	0.44	0.43	0.42	0.40

Competitive Comparison of Kunlun Energy Co's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, Kunlun Energy Co'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.

Kunlun Energy Co's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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

Kunlun Energy Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kunlun Energy Co's Debt to Equity Ratio for the fiscal year 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
	=	(795.216	+	2734.377)	/	8886.166
	=	0.40

Kunlun Energy Co'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
	=	(795.216	+	2734.377)	/	8886.166
	=	0.40

Kunlun Energy Co (OTCPK:KUNUF) 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.

Kunlun Energy Co Debt-to-Equity Related Terms

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Kunlun Energy Co (Kunlun Energy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kunlun Energy Co Ltd (OTCPK:KUNUF) » Definitions » Debt-to-Equity

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KLYCY:USA 00135:Hong Kong CTJ1:Germany

Address

118 Connaught Road West, 39th Floor, Hong Kong, HKG

Website

https://www.kunlun.com.hk

Kunlun Energy Co Ltd is an integrated oil and gas service company. The firm is engaged in multiple activities which include exploration and production operations at its oils fields located internationally, operating natural gas pipeline mainly providing support services to the oil and gas industry, and offers processing and storage facilities of liquified natural gas(LNG), and sale of sale of LNG and liquified petroleum gas across China. The Group is engaged in a broad range of oil and gas related activities and derives its revenue from its four operating segments: Natural Gas Sales, Sales of LPG, LNG Processing and Terminal and Exploration and Production.

Kunlun Energy Co (Kunlun Energy Co) Headlines

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