Tamboran Resources (ASX:TBN) Debt-to-Equity : 0.00 (As of Dec. 2022)

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What is Tamboran Resources Debt-to-Equity?

Tamboran Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was A$0.41 Mil. Tamboran Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was A$0.00 Mil. Tamboran Resources's Total Stockholders Equity for the quarter that ended in Dec. 2022 was A$248.12 Mil. Tamboran Resources's debt to equity for the quarter that ended in Dec. 2022 was 0.00.

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 Tamboran Resources's Debt-to-Equity or its related term are showing as below:

During the past 2 years, the highest Debt-to-Equity Ratio of Tamboran Resources was 0.01. The lowest was 0.00. And the median was 0.01.

ASX:TBN's Debt-to-Equity is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.45
* Ranked among companies with meaningful Debt-to-Equity only.

Tamboran Resources Debt-to-Equity Historical Data

The historical data trend for Tamboran Resources'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.

Tamboran Resources Debt-to-Equity Chart

Tamboran Resources Annual Data

Trend

Jun22

Jun23

Debt-to-Equity

0.01

Tamboran Resources Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	0.03	0.01	0.01	-	-

Competitive Comparison of Tamboran Resources's Debt-to-Equity

For the Oil & Gas E&P subindustry, Tamboran Resources'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.

Tamboran Resources's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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

Tamboran Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tamboran Resources'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
	=	(0.424	+	0.3)	/	220.833
	=	0.00

Tamboran Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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
	=	(0.407	+	0)	/	248.123
	=	0.00

Tamboran Resources (ASX:TBN) 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.

Tamboran Resources Debt-to-Equity Related Terms

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Tamboran Resources (ASX:TBN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tamboran Resources Corp (ASX:TBN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TBNRF:USA

Address

110-112 The Corso, Manly, Sydney, NSW, AUS, 2095

Website

https://www.tamboran.com

Tamboran Resources Corp is a gas company focused on supporting the Net Zero CO2 energy transition in Australia and Asia-Pacific through developing low CO2 unconventional gas resources in the Australian Northern Territory.

Tamboran Resources (ASX:TBN) Headlines

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