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FX Energy (FX Energy) Debt-to-Equity : 6.01 (As of Sep. 2015)


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What is FX Energy Debt-to-Equity?

FX Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $0.00 Mil. FX Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $50.66 Mil. FX Energy's Total Stockholders Equity for the quarter that ended in Sep. 2015 was $8.43 Mil. FX Energy's debt to equity for the quarter that ended in Sep. 2015 was 6.01.

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

FXENP.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: 6.01

FXENP.PFD's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.45 vs FXENP.PFD: 6.01

FX Energy Debt-to-Equity Historical Data

The historical data trend for FX 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.

FX Energy Debt-to-Equity Chart

FX Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 0.68 0.73 1.03 2.43

FX Energy Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.98 2.43 4.05 4.84 6.01

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

For the Oil & Gas E&P subindustry, FX 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.


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

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

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



FX Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FX Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 is calculated as

FX Energy's Debt to Equity Ratio for the quarter that ended in Sep. 2015 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.


FX Energy  (NAS:FXENP.PFD) 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.


FX Energy Debt-to-Equity Related Terms

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


FX Energy (FX Energy) Business Description

Traded in Other Exchanges
N/A
Address
FX Energy Inc was founded in 1989. The Company is an independent oil and gas exploration and production company with principal production, reserves, and exploration in Poland and oil production, oilfield service, and exploration activities in the United States. Company concentrates its exploration efforts in Poland on the Rotliegend sandstones of the Permian Basin. As of December 31, 2013, Company held oil and gas exploration rights in Poland in a number of separately designated project areas encompassing approximately 2.7 million gross acres. In Poland, it has projects involving the exploration and exploitation of oil and gas prospects in partnership with Polskie Górnictwo Naftowe i Gazownictwo or PGNiG, the Polish national oil and gas company, other industry partners, and for its own account. In the United States, it explores for and produces oil from fields in Montana and Nevada, and it have an oilfield services company in northern Montana that performs contract drilling and well-servicing operations. Company operates within two segments of the oil and gas industry: the exploration and production, or E&P, segment in Poland and the United States, and the oilfield services segment in the United States. The Company faces competition from larger oil and gas companies. The Companys oil and gas exploration, development, and production activities in Poland are subject to Polands laws and regulations and its United States operations are subject to governmental risks that may impact its operations.
Executives
Clay Newton officer: Vice President 3006 HIGHLAND DRIVE, SALT LAKE CITY UT 84106
H Allen Turner director DEVON ENERGY CORP, 20 NORTH BROADWAY STE 1500, OKLAHOMA CITY OK 73102-8260
Scott J Duncan officer: Vice President 3006 HIGHLAND DR, STE 206, SALT LAKE CITY UT 84106
David N Pierce director, officer: President/CEO 3006 HIGHLAND DR, STE 206, SALT LAKE CITY UT 84106
Andrew W Pierce officer: Vice President 3006 HIGHLAND DR, STE 206, SALT LAKE CITY UT 84106
Thomas B Lovejoy director, officer: Chief Financial Officer 48 BURYING HILL ROAD, GREENWICH CT 06831
Dennis B Goldstein director 3006 HIGHLAND DR, STE 206, SALT LAKE CITY UT 84106
Jerzy B Maciolek officer: Vice President 3006 HIGHLAND DR, STE 206, SALT LAKE CITY UT 84106
Richard Hardman director
Grundvig Arnold S Jr director 2135 CASTLE HILL AVE, SALT LAKE CITY UT 84121
David L Worrell director 1469 ROSE VILLA STREET, PASADENA CA 91106

FX Energy (FX Energy) Headlines

From GuruFocus

FX Energy Inc. Reports Operating Results (10-K)

By gurufocus 10qk 03-07-2011