Greenvale Energy (ASX:GRV) Debt-to-Equity : 0.36 (As of Dec. 2023)

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What is Greenvale Energy Debt-to-Equity?

Greenvale Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$3.35 Mil. Greenvale Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.03 Mil. Greenvale Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$9.46 Mil. Greenvale Energy's debt to equity for the quarter that ended in Dec. 2023 was 0.36.

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

ASX:GRV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.37
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Greenvale Energy was 0.37. The lowest was 0.01. And the median was 0.07.

ASX:GRV's Debt-to-Equity is ranked better than
56.63% of 830 companies
in the Oil & Gas industry
Industry Median: 0.45 vs ASX:GRV: 0.36

Greenvale Energy Debt-to-Equity Historical Data

The historical data trend for Greenvale 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.

* Premium members only.

Greenvale Energy Debt-to-Equity Chart

Greenvale Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.01

0.37

Greenvale Energy 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															0.01	0.01	0.01	0.37	0.36

Competitive Comparison of Greenvale Energy's Debt-to-Equity

For the Oil & Gas E&P subindustry, Greenvale 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.

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

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

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

Greenvale Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Greenvale Energy's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(3.801	+	0.03)	/	10.41
	=	0.37

Greenvale Energy'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
	=	(3.345	+	0.03)	/	9.459
	=	0.36

Greenvale Energy (ASX:GRV) 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.

Greenvale Energy Debt-to-Equity Related Terms

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Greenvale Energy (ASX:GRV) Business Description

Industry

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GVLMF:USA

Address

189 Kent Street, Suite 6, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.greenvaleenergy.com.au

Greenvale Energy Ltd is engaged in exploring minerals development properties. Its projects include the Alpha Torbanite Project in Queensland and the Geothermal Projects, located in the Millungera Basin and Longreach, Queensland. The company is managed based on its development and exploration of the group's mineral interests in the geographical region of Queensland and its corporate activities in Australia. Majority of the company's revenue is generated from Corporate segment.

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