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Strata Power (Strata Power) Debt-to-Equity : -0.04 (As of Dec. 2023)


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What is Strata Power Debt-to-Equity?

Strata Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.01 Mil. Strata Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Strata Power's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.24 Mil. Strata Power's debt to equity for the quarter that ended in Dec. 2023 was -0.04.

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

SPOWF' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.05   Med: -0.02   Max: 0
Current: -0.04

SPOWF's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.44 vs SPOWF: -0.04

Strata Power Debt-to-Equity Historical Data

The historical data trend for Strata Power'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.

Strata Power Debt-to-Equity Chart

Strata Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.02 -0.05 -0.04 -0.04

Strata Power Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 -0.02 -0.02 -0.05 -0.04 -0.04

Competitive Comparison of Strata Power's Debt-to-Equity

For the Oil & Gas E&P subindustry, Strata Power'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.


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

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

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



Strata Power Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Strata Power's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Strata Power's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Strata Power  (OTCPK:SPOWF) 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.


Strata Power Debt-to-Equity Related Terms

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


Strata Power (Strata Power) Business Description

Traded in Other Exchanges
N/A
Address
500 4th Ave. SW, Suite 2500, Calgary, AB, CAN, T2P 2V6
Strata Power Corp is engaged in the acquisition and exploration of oil and gas properties. The company operates in the oil and gas industry with a focus on Canada's heavy oil and carbonate-hosted bitumen deposits. It has oil sand properties located in the Peace River oil sands region in Northern Alberta, Canada. It also owns royalty interest in oil sands leases and owns non-producing wells.
Executives
Duncan Budge director 4556 MARINEVIEW CRESCENT, NORTH VANCOUVER A1 V7R 3P2