Linn Energy (Linn Energy) Debt-to-Equity : 0.52 (As of Sep. 2019)

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What is Linn Energy Debt-to-Equity?

Linn Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.0 Mil. Linn Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $778.2 Mil. Linn Energy's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $1,488.5 Mil. Linn Energy's debt to equity for the quarter that ended in Sep. 2019 was 0.52.

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

LNGG' s Debt-to-Equity Range Over the Past 10 Years
Min: -27.11 Med: 0.89 Max: 7.65
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Linn Energy was 7.65. The lowest was -27.11. And the median was 0.89.

LNGG's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.44 vs LNGG: 0.52

Linn Energy Debt-to-Equity Historical Data

The historical data trend for Linn 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.

Linn Energy Debt-to-Equity Chart

Linn Energy Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Debt-to-Equity

Get a 7-Day Free Trial

2.27

-27.11

-0.81

N/A

0.34

Linn Energy Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Debt-to-Equity	Get a 7-Day Free Trial															0.29	0.34	0.42	0.48	0.52

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

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

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

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

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

Linn Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Linn Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 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	+	514.639)	/	1495.034
	=	0.34

Linn Energy's Debt to Equity Ratio for the quarter that ended in Sep. 2019 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	+	778.234)	/	1488.547
	=	0.52

Linn Energy (DELISTED:LNGG) 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.

Linn Energy Debt-to-Equity Related Terms

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Linn Energy (Linn Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Linn Energy Inc (DELISTED:LNGG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

14701 Hertz Quail Springs Parkway, Oklahoma City, OK, USA, 73134

Website

https://www.roanresources.com

Linn Energy Inc is a US-based independent oil and natural gas company. Its objective is to acquire, develop and maximize cash flow from a growing portfolio of long-life oil and natural gas assets. The company's properties are located in the United States in the Hugoton Basin, the Rockies, the Mid-Continent, east Texas and north Louisiana, Michigan/Illinois, California, the Permian Basin and south Texas. Linn derives revenue from the sale of oil, natural gas and natural gas liquids.

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