PennPetro Energy (LSE:PPP) Debt-to-Equity : 4.01 (As of Sep. 2023)

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What is PennPetro Energy Debt-to-Equity?

PennPetro Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.00 Mil. PennPetro Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £3.62 Mil. PennPetro Energy's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £0.90 Mil. PennPetro Energy's debt to equity for the quarter that ended in Sep. 2023 was 4.01.

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

LSE:PPP' s Debt-to-Equity Range Over the Past 10 Years
Min: -220.62 Med: 3.37 Max: 34.28
Current: 4.01

During the past 5 years, the highest Debt-to-Equity Ratio of PennPetro Energy was 34.28. The lowest was -220.62. And the median was 3.37.

LSE:PPP's Debt-to-Equity is ranked worse than
96.38% of 829 companies
in the Oil & Gas industry
Industry Median: 0.45 vs LSE:PPP: 4.01

PennPetro Energy Debt-to-Equity Historical Data

The historical data trend for PennPetro 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.

PennPetro Energy Debt-to-Equity Chart

PennPetro Energy Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

-67.79

8.34

-220.62

-19.33

2.13

PennPetro Energy Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep23
Debt-to-Equity	Get a 7-Day Free Trial								2.13	2.71	6.42	7.00	4.01

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

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

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

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

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

PennPetro Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PennPetro Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(2.774	+	0)	/	1.305
	=	2.13

PennPetro Energy's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	3.618)	/	0.903
	=	4.01

PennPetro Energy (LSE:PPP) 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.

PennPetro Energy Debt-to-Equity Related Terms

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PennPetro Energy (LSE:PPP) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

20b Wilton Row, London, GBR, SW1 7NS

Website

http://www.pennpetroenergy.co.uk

PennPetro Energy PLC operates as an oil and gas production company. The principal activity of the group is onshore oil and gas exploration and production in the United States of America. It operates in two geographical areas, the United Kingdom and the United States of America.

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