Dana Gas PJSC (ADX:DANA) Debt-to-Equity : 0.10 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Dana Gas PJSC Debt-to-Equity?

Dana Gas PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ525 Mil. Dana Gas PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ327 Mil. Dana Gas PJSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was د.إ8,848 Mil. Dana Gas PJSC's debt to equity for the quarter that ended in Mar. 2024 was 0.10.

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 Dana Gas PJSC's Debt-to-Equity or its related term are showing as below:

ADX:DANA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.18 Max: 0.31
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Dana Gas PJSC was 0.31. The lowest was 0.08. And the median was 0.18.

ADX:DANA's Debt-to-Equity is ranked better than
83.71% of 835 companies
in the Oil & Gas industry
Industry Median: 0.44 vs ADX:DANA: 0.10

Dana Gas PJSC Debt-to-Equity Historical Data

The historical data trend for Dana Gas PJSC'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.

Dana Gas PJSC Debt-to-Equity Chart

Dana Gas PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.17

0.08

0.09

0.11

Dana Gas PJSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.11	0.11	0.11	0.10

Competitive Comparison of Dana Gas PJSC's Debt-to-Equity

For the Oil & Gas E&P subindustry, Dana Gas PJSC'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.

Dana Gas PJSC's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Dana Gas PJSC's Debt-to-Equity falls into.

Dana Gas PJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dana Gas PJSC'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
	=	(521.552	+	404.019)	/	8708.453
	=	0.11

Dana Gas PJSC's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(525.225	+	326.888)	/	8848.023
	=	0.10

Dana Gas PJSC (ADX:DANA) 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.

Dana Gas PJSC Debt-to-Equity Related Terms

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

Dana Gas PJSC (ADX:DANA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dana Gas PJSC (ADX:DANA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Buhaira Corniche, P.O. Box 2011, Crescent Tower, 11th Floor, Sharjah, ARE

Website

https://www.danagas.com

Dana Gas PJSC is a Middle Eastern natural gas exploration and production company. It operates several assets in Egypt, the Kurdistan Region of Iraq, and the United Arab Emirates. The company's possession of assets includes both onshore and offshore assets. Assets are held through government concessions. Dana Gas operations are divided into several subsidiaries that either engage in exploration and production, gas sweetening, gas transmission, or gas processing. Traditionally, gas and condensate have contributed the largest portion of revenue.

Dana Gas PJSC (ADX:DANA) Headlines

No Headlines