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Denbury (Denbury) Debt-to-Equity : 0.06 (As of Jun. 2023)


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What is Denbury Debt-to-Equity?

Denbury's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $5 Mil. Denbury's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $101 Mil. Denbury's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $1,700 Mil. Denbury's debt to equity for the quarter that ended in Jun. 2023 was 0.06.

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

DEN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 1.19   Max: 6.39
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Denbury was 6.39. The lowest was 0.05. And the median was 1.19.

DEN's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.44 vs DEN: 0.06

Denbury Debt-to-Equity Historical Data

The historical data trend for Denbury'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.

Denbury Debt-to-Equity Chart

Denbury Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.43 1.71 0.17 0.08 0.05

Denbury Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.05 0.05 0.05 0.05 0.06

Competitive Comparison of Denbury's Debt-to-Equity

For the Oil & Gas E&P subindustry, Denbury'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.


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

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

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



Denbury Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Denbury's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Denbury's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Denbury  (NYSE:DEN) 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.


Denbury Debt-to-Equity Related Terms

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


Denbury (Denbury) Business Description

Traded in Other Exchanges
N/A
Address
5851 Legacy Circle, Plano, TX, USA, 75024
Denbury Inc is an independent energy company. Its operations are focused on two key operating areas: the Gulf Coast and Rocky Mountain regions. The company is differentiated by its focus on CO2 EOR and the emerging CCUS industry, supported by the company's CO2 EOR technical and operational expertise and its CO2 pipeline infrastructure. The revenue is generated from oil, natural gas, and related product sales.
Executives
Nicole H. Jennings officer: Vice President and CAO 5851 LEGACY CIRCLE, SUITE 1200, PLANO TX 75024
David E Sheppard officer: EVP and COO 5851 LEGACY CIRCLE, SUITE 1200, PLANO TX 75024
Cindy A Yeilding director 5851 LEGACY DRIVE, SUITE 1200, PLANO TX 75024
Goldentree Asset Management Lp 10 percent owner 300 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022
Caroline Angoorly director 386 CAIRO JUNCTION ROAD, CATSKILL NY 12414
Steven A. Tananbaum 10 percent owner 300 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022
Goldentree Asset Management Llc 10 percent owner 300 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022
Brett Wiggs director 5851 LEGACY CIRCLE, SUITE 1200, PLANO TX 75024
Anthony Abate director C/O BATTERY VENTURES, 20 WILLIAM ST STE 200, WELLESLEY MA 02481
James N Chapman director 14 ALPINE ROAD, GREENWICH CT 06830
Mary M Vandeweghe director 1601 W. DIEHL ROAD, NAPERVILLE IL 60563
Mark C Allen officer: Sr. VP/CFO, Treas. & Ast. Sec. C/O DENBURY INC, 5851 LEGACY DRIVE, SUITE 1200, PLANO TX 75024
Alan Rhoades officer: VP & Chief Accounting Officer 5320 LEGACY DRIVE, PLANO TX 75024
James S. Matthews officer: SVP, General Counsel & Sec'y 5851 LEGACY CIRCLE, SUITE 1200, PLANO TX 75024
Christian S Kendall officer: President and CEO 5851 LEGACY CIRCLE, SUITE 1200, PLANO TX 75024