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East West Petroleum (TSXV:EW) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is East West Petroleum Debt-to-Equity?

East West Petroleum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. East West Petroleum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. East West Petroleum's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$4.80 Mil. East West Petroleum'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 East West Petroleum's Debt-to-Equity or its related term are showing as below:

TSXV:EW'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.

East West Petroleum Debt-to-Equity Historical Data

The historical data trend for East West Petroleum'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.

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East West Petroleum Debt-to-Equity Chart

East West Petroleum Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
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East West Petroleum Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of East West Petroleum's Debt-to-Equity

For the Oil & Gas E&P subindustry, East West Petroleum'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.


East West Petroleum's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where East West Petroleum's Debt-to-Equity falls into.



East West Petroleum Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

East West Petroleum's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

East West Petroleum's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


East West Petroleum  (TSXV:EW) 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.


East West Petroleum Debt-to-Equity Related Terms

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


East West Petroleum (TSXV:EW) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
East West Petroleum Corp is an oil and gas exploration and production company. It is engaged in exploring, developing and producing from its oil and gas properties. Its producing oil and gas property in New Zealand is the Taranaki Basin which is located near the west coast of the North Island. The company derives its revenue from acquisition, exploration, and production of oil and gas properties.
Executives
Kevin Haney Director

East West Petroleum (TSXV:EW) Headlines