Woodside Energy Group (Woodside Energy Group) Debt-to-Equity : 0.19 (As of Dec. 2023)

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What is Woodside Energy Group Debt-to-Equity?

Woodside Energy Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $298 Mil. Woodside Energy Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6,200 Mil. Woodside Energy Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $34,399 Mil. Woodside Energy Group's debt to equity for the quarter that ended in Dec. 2023 was 0.19.

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

WDS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.32 Max: 0.63
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Woodside Energy Group was 0.63. The lowest was 0.16. And the median was 0.32.

WDS's Debt-to-Equity is ranked better than
72.29% of 830 companies
in the Oil & Gas industry
Industry Median: 0.44 vs WDS: 0.19

Woodside Energy Group Debt-to-Equity Historical Data

The historical data trend for Woodside Energy Group'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.

Woodside Energy Group Debt-to-Equity Chart

Woodside Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.41

0.63

0.51

0.18

0.19

Woodside Energy Group 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															0.51	0.21	0.18	0.18	0.19

Competitive Comparison of Woodside Energy Group's Debt-to-Equity

For the Oil & Gas E&P subindustry, Woodside Energy Group'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.

Woodside Energy Group's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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

Woodside Energy Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Woodside Energy Group'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
	=	(298	+	6200)	/	34399
	=	0.19

Woodside Energy Group'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
	=	(298	+	6200)	/	34399
	=	0.19

Woodside Energy Group (NYSE:WDS) 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.

Woodside Energy Group Debt-to-Equity Related Terms

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Woodside Energy Group (Woodside Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Woodside Energy Group Ltd (NYSE:WDS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WOPEF:USA WDSl:UK WDS:UK WOP0:Germany WDS:Australia

Address

11 Mount Street, Mia Yellagonga, Perth, WA, AUS, 6000

Website

https://www.woodside.com.au

Incorporated in 1954 and named after the small Victorian town of Woodside, Woodside's early exploration focus moved from Victoria's Gippsland Basin to Western Australia's Carnarvon Basin. First LNG production from the North West Shelf came in 1984. BHP Billiton and Shell each had 40% shareholdings before BHP sold out in 1994 and Shell sold down to 34%. In 2010, Shell further decreased its shareholding to 24%. Woodside has the potential to become the most LNG-leveraged company globally.