La Francaise de l'Energie (FRA:LFX) Debt-to-Equity : 0.78 (As of Dec. 2023)

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What is La Francaise de l'Energie Debt-to-Equity?

La Francaise de l'Energie's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €5.56 Mil. La Francaise de l'Energie's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €57.24 Mil. La Francaise de l'Energie's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €81.02 Mil. La Francaise de l'Energie's debt to equity for the quarter that ended in Dec. 2023 was 0.78.

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 La Francaise de l'Energie's Debt-to-Equity or its related term are showing as below:

FRA:LFX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.39 Max: 2.05
Current: 0.78

During the past 11 years, the highest Debt-to-Equity Ratio of La Francaise de l'Energie was 2.05. The lowest was 0.06. And the median was 0.39.

FRA:LFX's Debt-to-Equity is ranked worse than
68.8% of 830 companies
in the Oil & Gas industry
Industry Median: 0.45 vs FRA:LFX: 0.78

La Francaise de l'Energie Debt-to-Equity Historical Data

The historical data trend for La Francaise de l'Energie'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.

La Francaise de l'Energie Debt-to-Equity Chart

La Francaise de l'Energie Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.25

0.36

0.49

0.88

0.92

La Francaise de l'Energie 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															0.84	0.88	0.77	0.92	0.78

Competitive Comparison of La Francaise de l'Energie's Debt-to-Equity

For the Oil & Gas E&P subindustry, La Francaise de l'Energie'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.

La Francaise de l'Energie's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, La Francaise de l'Energie's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where La Francaise de l'Energie's Debt-to-Equity falls into.

La Francaise de l'Energie Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

La Francaise de l'Energie'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
	=	(8.528	+	59.581)	/	73.951
	=	0.92

La Francaise de l'Energie'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
	=	(5.563	+	57.242)	/	81.017
	=	0.78

La Francaise de l'Energie (FRA:LFX) 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.

La Francaise de l'Energie Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of La Francaise de l'Energie's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

La Francaise de l'Energie (FRA:LFX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » La Francaise de l'Energie (FRA:LFX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FDENF:USA FDE:France LFX:Germany

Address

No. 1 Avenue Saint-Remy, Espace Pierrard, Forbach, FRA, 57600

Website

http://www.francaisedelenergie.fr

La Francaise de l'Energie is a France-based company engaged in the exploration, appraisal, and production of gas resources. The company focuses on coal bed methane gas resources. It operates Lorraine and Nord-Pas de Calais mining areas in France.

La Francaise de l'Energie (FRA:LFX) Headlines

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