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TotalEnergies EP Gabon (XPAR:EC) Debt-to-Equity : 0.03 (As of Dec. 2023)


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What is TotalEnergies EP Gabon Debt-to-Equity?

TotalEnergies EP Gabon's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €17.1 Mil. TotalEnergies EP Gabon's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €26.8 Mil. TotalEnergies EP Gabon's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,588.7 Mil. TotalEnergies EP Gabon's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 TotalEnergies EP Gabon's Debt-to-Equity or its related term are showing as below:

XPAR:EC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.03   Max: 0.21
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of TotalEnergies EP Gabon was 0.21. The lowest was 0.00. And the median was 0.03.

XPAR:EC's Debt-to-Equity is ranked better than
91.98% of 835 companies
in the Oil & Gas industry
Industry Median: 0.45 vs XPAR:EC: 0.04

TotalEnergies EP Gabon Debt-to-Equity Historical Data

The historical data trend for TotalEnergies EP Gabon'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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TotalEnergies EP Gabon Debt-to-Equity Chart

TotalEnergies EP Gabon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.01 0.02 0.02 0.03

TotalEnergies EP Gabon 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.04 0.03

Competitive Comparison of TotalEnergies EP Gabon's Debt-to-Equity

For the Oil & Gas E&P subindustry, TotalEnergies EP Gabon'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.


TotalEnergies EP Gabon's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where TotalEnergies EP Gabon's Debt-to-Equity falls into.



TotalEnergies EP Gabon Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TotalEnergies EP Gabon's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

TotalEnergies EP Gabon'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.


TotalEnergies EP Gabon  (XPAR:EC) 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.


TotalEnergies EP Gabon Debt-to-Equity Related Terms

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


TotalEnergies EP Gabon (XPAR:EC) Business Description

Traded in Other Exchanges
Address
boulevard Hourcq, Port-Gentil, GAB, BP 525
TotalEnergies EP Gabon explores for, produces and sells crude oil and natural gas. The company's sole operation is located in Gabon, Central Africa. Its mining operations are divided into mining concessions and operating licenses.