UK Oil & Gas (LSE:UKOG) Debt-to-Equity : 0.14 (As of Sep. 2023)

View and export this data going back to 2005. Start your Free Trial

What is UK Oil & Gas Debt-to-Equity?

UK Oil & Gas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £4.78 Mil. UK Oil & Gas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.00 Mil. UK Oil & Gas's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £34.01 Mil. UK Oil & Gas's debt to equity for the quarter that ended in Sep. 2023 was 0.14.

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 UK Oil & Gas's Debt-to-Equity or its related term are showing as below:

LSE:UKOG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.09 Max: 0.18
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of UK Oil & Gas was 0.18. The lowest was 0.01. And the median was 0.09.

LSE:UKOG's Debt-to-Equity is ranked better than
79.19% of 836 companies
in the Oil & Gas industry
Industry Median: 0.445 vs LSE:UKOG: 0.14

UK Oil & Gas Debt-to-Equity Historical Data

The historical data trend for UK Oil & Gas'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.

UK Oil & Gas Debt-to-Equity Chart

UK Oil & Gas Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

Get a 7-Day Free Trial

0.18

0.09

0.08

0.14

UK Oil & Gas Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.09	0.08	0.09	0.14

Competitive Comparison of UK Oil & Gas's Debt-to-Equity

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

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

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

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

UK Oil & Gas Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

UK Oil & Gas's Debt to Equity Ratio for the fiscal year 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
	=	(4.784	+	0)	/	34.009
	=	0.14

UK Oil & Gas'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
	=	(4.784	+	0)	/	34.009
	=	0.14

UK Oil & Gas (LSE:UKOG) 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.

UK Oil & Gas Debt-to-Equity Related Terms

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

UK Oil & Gas (LSE:UKOG) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

0UK:Germany

Address

20 Primrose Street, 8th Floor, The Broadgate Tower, London, GBR, EC2A 2EW

Website

https://www.ukogplc.com

UK Oil & Gas PLC operates as an oil and gas exploration company. Its principal activity is to acquire a portfolio of direct and indirect interests in the exploration, development, and production of oil and gas assets. The company's current operational focus is on the UK and Turkey onshore sectors. Its current UK onshore portfolio consists of direct and indirect interests in six oil and gas exploration, appraisal, development, and production assets, all situated within the Weald and Purbeck-Wight Basins of southern England. The company has three reportable segments: Oil exploration and production which includes producing business activities; Oil exploration and evaluation which includes non-producing activities; Head Office, corporate and administrative, including parent company activities.

UK Oil & Gas (LSE:UKOG) Headlines

No Headlines