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Empire Energy Group (ASX:EEG) Debt-to-Revenue : 1.71 (As of Dec. 2023)


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What is Empire Energy Group Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Empire Energy Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$9.38 Mil. Empire Energy Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.37 Mil. Empire Energy Group's annualized Revenue for the quarter that ended in Dec. 2023 was A$5.70 Mil. Empire Energy Group's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 1.71.


Empire Energy Group Debt-to-Revenue Historical Data

The historical data trend for Empire Energy Group's Debt-to-Revenue 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.

Empire Energy Group Debt-to-Revenue Chart

Empire Energy Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.41 1.04 0.63 1.60

Empire Energy Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Revenue 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 0.82 0.66 0.57 2.49 1.71

Competitive Comparison of Empire Energy Group's Debt-to-Revenue

For the Oil & Gas E&P subindustry, Empire Energy Group's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Empire Energy Group's Debt-to-Revenue Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Empire Energy Group's Debt-to-Revenue falls into.



Empire Energy Group Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Empire Energy Group's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(9.376 + 0.371) / 6.086
=1.60

Empire Energy Group's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(9.376 + 0.371) / 5.704
=1.71

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Dec. 2023) Revenue data.


Empire Energy Group Debt-to-Revenue Related Terms

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Empire Energy Group (ASX:EEG) Business Description

Traded in Other Exchanges
Address
6-10 O'Connell Street, Level 5, Sydney, NSW, AUS, 2000
Empire Energy Group Ltd is an oil and gas exploration and production company focused on onshore long-life oil & gas fields, in the USA. The progression of exploration & appraisal work programs in its wholly-owned and operated exploration tenements & applications located in the high petroleum-prospective Northern Territory McArthur Basin (including the Beetaloo Sub-Basin). It sells oil and gas products to owners of domestic pipelines, utilities, and refiners located in Pennsylvania and New York. It operates in three segments- United States Operations, Northern Territory, and corporate. The majority is derived from United States operations segment, which includes all oil and gas operations located in the USA. Revenue is derived from the sale of oil and gas and the operation of wells.

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