92 Energy (ASX:92E) Debt-to-Equity : 0.00 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is 92 Energy Debt-to-Equity?

92 Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.01 Mil. 92 Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. 92 Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$6.15 Mil. 92 Energy's debt to equity for the quarter that ended in Dec. 2023 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 92 Energy's Debt-to-Equity or its related term are showing as below:

During the past 3 years, the highest Debt-to-Equity Ratio of 92 Energy was 0.01. The lowest was 0.00. And the median was 0.00.

ASX:92E's Debt-to-Equity is not ranked ^*
in the Other Energy Sources industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

92 Energy Debt-to-Equity Historical Data

The historical data trend for 92 Energy'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.

92 Energy Debt-to-Equity Chart

92 Energy Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Equity

0.01

92 Energy Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.01	-	-	0.01	-

Competitive Comparison of 92 Energy's Debt-to-Equity

For the Uranium subindustry, 92 Energy'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.

92 Energy's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, 92 Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where 92 Energy's Debt-to-Equity falls into.

92 Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

92 Energy's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.037	+	0)	/	5.225
	=	0.01

92 Energy'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
	=	(0.012	+	0)	/	6.149
	=	0.00

92 Energy (ASX:92E) 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.

92 Energy Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of 92 Energy's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

92 Energy (ASX:92E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » 92 Energy Ltd (ASX:92E) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NTELF:USA

Address

16 Milligan Street, Level 3, the Read Buildings, Perth, WA, AUS, 6000

Website

https://www.92energy.com

92 Energy Ltd is a uranium exploration company exploring high-grade unconformity type uranium in the Athabasca Basin, Saskatchewan, Canada.

92 Energy (ASX:92E) Headlines

No Headlines