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Argos Resources (Argos Resources) Debt-to-Equity : 0.00 (As of Jun. 2022)


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What is Argos Resources Debt-to-Equity?

Argos Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.00 Mil. Argos Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.00 Mil. Argos Resources's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $29.32 Mil. Argos Resources's debt to equity for the quarter that ended in Jun. 2022 was 0.00.

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

AORGF'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.

Argos Resources Debt-to-Equity Historical Data

The historical data trend for Argos Resources'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.

Argos Resources Debt-to-Equity Chart

Argos Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
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Argos Resources Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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Competitive Comparison of Argos Resources's Debt-to-Equity

For the Oil & Gas E&P subindustry, Argos Resources'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.


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

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

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



Argos Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Argos Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Argos Resources's Debt to Equity Ratio for the quarter that ended in Jun. 2022 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.


Argos Resources  (OTCPK:AORGF) 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.


Argos Resources Debt-to-Equity Related Terms

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


Argos Resources (Argos Resources) Business Description

Traded in Other Exchanges
N/A
Address
H Jones Road, Argos House, Stanley, FLK, FIQQ 1ZZ
Argos Resources Ltd is an oil and gas exploration company based in the Falkland Islands. Its principal asset is a 100 percent interest in production licence PL001 covering an area of approximately 1,126 square kilometres in the North Falkland Basin.

Argos Resources (Argos Resources) Headlines

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