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HNR Acquisition (HNR Acquisition) Debt-to-Equity : -5.95 (As of Mar. 2024)


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What is HNR Acquisition Debt-to-Equity?

HNR Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $12.54 Mil. HNR Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $31.39 Mil. HNR Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-7.39 Mil. HNR Acquisition's debt to equity for the quarter that ended in Mar. 2024 was -5.94.

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 HNR Acquisition's Debt-to-Equity or its related term are showing as below:

HNRA' s Debt-to-Equity Range Over the Past 10 Years
Min: -15.72   Med: 0.01   Max: 0.94
Current: -5.95

During the past 4 years, the highest Debt-to-Equity Ratio of HNR Acquisition was 0.94. The lowest was -15.72. And the median was 0.01.

HNRA's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.125 vs HNRA: -5.95

HNR Acquisition Debt-to-Equity Historical Data

The historical data trend for HNR Acquisition'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.

HNR Acquisition Debt-to-Equity Chart

HNR Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
- - 0.94 -15.72

HNR Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.01 0.02 0.04 -15.72 -5.95

Competitive Comparison of HNR Acquisition's Debt-to-Equity

For the Shell Companies subindustry, HNR Acquisition'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.


HNR Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, HNR Acquisition's Debt-to-Equity distribution charts can be found below:

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



HNR Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HNR Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

HNR Acquisition's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


HNR Acquisition  (AMEX:HNRA) 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.


HNR Acquisition Debt-to-Equity Related Terms

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


HNR Acquisition (HNR Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
3730 Kirby Drive, Suite 1200, Houston, TX, USA, 77098
HNR Acquisition Corp is a blank check company.
Executives
Donald Goree director, officer: Chief Executive Officer 101 NE 3RD AVENUE, SUITE 1220, FORT LAUDERDALE FL 33301
Salvucci Joseph V Jr director 583 EPSILON DRIVE, PITTSBURGH PA 15238
Salvucci Joseph V Sr director 583 EPSILON DRIVE, PITTSBURGH PA 15238
Donald W Orr director, officer: President 3730 KIRBY DRIVE, SUITE 1200, HOUSTON TX 77098