Glen Rose Petroleum (Glen Rose Petroleum) Debt-to-Equity : -0.68 (As of Dec. 2011)

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What is Glen Rose Petroleum Debt-to-Equity?

Glen Rose Petroleum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2011 was $5.68 Mil. Glen Rose Petroleum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2011 was $0.00 Mil. Glen Rose Petroleum's Total Stockholders Equity for the quarter that ended in Dec. 2011 was $-8.30 Mil. Glen Rose Petroleum's debt to equity for the quarter that ended in Dec. 2011 was -0.68.

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 Glen Rose Petroleum's Debt-to-Equity or its related term are showing as below:

GLRP'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.

Glen Rose Petroleum Debt-to-Equity Historical Data

The historical data trend for Glen Rose 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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Glen Rose Petroleum Debt-to-Equity Chart

Glen Rose Petroleum Annual Data

Trend

Mar02

Mar03

Mar04

Mar05

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Debt-to-Equity

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3.66

0.05

-0.32

-0.20

Glen Rose Petroleum Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
Debt-to-Equity	Get a 7-Day Free Trial															9.16	-0.20	-0.23	-0.64	-0.68

Competitive Comparison of Glen Rose Petroleum's Debt-to-Equity

For the Oil & Gas E&P subindustry, Glen Rose 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.

Glen Rose Petroleum's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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

Glen Rose Petroleum Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Glen Rose Petroleum's Debt to Equity Ratio for the fiscal year that ended in Mar. 2011 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
	=	(1.335	+	2.684)	/	-20.407
	=	-0.20

Glen Rose Petroleum's Debt to Equity Ratio for the quarter that ended in Dec. 2011 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
	=	(5.679	+	0)	/	-8.301
	=	-0.68

Glen Rose Petroleum (GREY:GLRP) 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.

Glen Rose Petroleum Debt-to-Equity Related Terms

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