Baron Oil (LSE:BOIL) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Baron Oil Debt-to-Equity?

Baron Oil's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.03 Mil. Baron Oil's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. Baron Oil's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £8.26 Mil. Baron Oil's debt to equity for the quarter that ended in Dec. 2023 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 Baron Oil's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Baron Oil was 0.02. The lowest was 0.00. And the median was 0.01.

LSE:BOIL'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.

Baron Oil Debt-to-Equity Historical Data

The historical data trend for Baron Oil'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.

Baron Oil Debt-to-Equity Chart

Baron Oil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.01

Baron Oil 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	-	-

Competitive Comparison of Baron Oil's Debt-to-Equity

For the Oil & Gas E&P subindustry, Baron Oil'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.

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

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

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

Baron Oil Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Baron Oil'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
	=	(0.031	+	0.004)	/	8.255
	=	0.00

Baron Oil'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
	=	(0.031	+	0.004)	/	8.255
	=	0.00

Baron Oil (LSE:BOIL) 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.

Baron Oil Debt-to-Equity Related Terms

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

Baron Oil (LSE:BOIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Baron Oil PLC (LSE:BOIL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BOIL.GB:UK GHA:Germany

Address

5-7 Cranwood Street, Finsgate, London, GBR, EC1V 9EE

Website

https://www.baronoilplc.com

Baron Oil PLC is an UK Based independent oil and gas exploration and production company. The company is primarily engaged in the exploration, development, and production of oil and gas reserves, and other related activities. It currently operates in three geographical markets: South America, which has been involved in production, development and exploration activity, South East Asia where production, development and exploration activity is being assessed, and the United Kingdom is the head office and where exploration activity is taking place.