Imperial Oil (Imperial Oil) Debt-to-Equity : 0.20 (As of Dec. 2023)

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What is Imperial Oil Debt-to-Equity?

Imperial Oil's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $155 Mil. Imperial Oil's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,072 Mil. Imperial Oil's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $16,564 Mil. Imperial Oil's debt to equity for the quarter that ended in Dec. 2023 was 0.19.

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

IMO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.22 Max: 0.36
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Imperial Oil was 0.36. The lowest was 0.20. And the median was 0.22.

IMO's Debt-to-Equity is ranked better than
70.84% of 830 companies
in the Oil & Gas industry
Industry Median: 0.435 vs IMO: 0.20

Imperial Oil Debt-to-Equity Historical Data

The historical data trend for Imperial Oil'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.

Imperial Oil Debt-to-Equity Chart

Imperial Oil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.22

0.25

0.20

Imperial Oil Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.20	0.18	0.18	0.18	0.20

Competitive Comparison of Imperial Oil's Debt-to-Equity

For the Oil & Gas Integrated subindustry, Imperial Oil'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.

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

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

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

Imperial Oil Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Imperial Oil's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(155.039	+	3072.451)	/	16563.804
	=	0.19

Imperial Oil's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(155.039	+	3072.451)	/	16563.804
	=	0.19

Imperial Oil (AMEX:IMO) 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.

Imperial Oil Debt-to-Equity Related Terms

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Imperial Oil (Imperial Oil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Imperial Oil Ltd (AMEX:IMO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IMP:Germany IMO:Canada

Address

505 Quarry Park Boulevard S.E, Calgary, AB, CAN, T2C 5N1

Website

https://www.imperialoil.ca

Imperial Oil is one of Canada's largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada, operating three refineries with a combined processing capacity of 421 mboe/d. The Upstream segment operates to produce crude oil and its equivalent, and natural gas. The Downstream segment operates to refine crude oil into petroleum products. The Chemical segment manufactures hydrocarbon-based chemicals and chemical products.