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Devon Energy (MIL:1DY6) Debt-to-Revenue : 0.45 (As of Mar. 2024)


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What is Devon Energy Debt-to-Revenue?

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

Devon Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €441 Mil. Devon Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €5,491 Mil. Devon Energy's annualized Revenue for the quarter that ended in Mar. 2024 was €13,233 Mil. Devon Energy's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.45.


Devon Energy Debt-to-Revenue Historical Data

The historical data trend for Devon Energy'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.

Devon Energy Debt-to-Revenue Chart

Devon Energy 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 0.73 0.94 0.55 0.35 0.42

Devon Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.44 0.49 0.42 0.39 0.45

Competitive Comparison of Devon Energy's Debt-to-Revenue

For the Oil & Gas E&P subindustry, Devon Energy'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.


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

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

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



Devon Energy Debt-to-Revenue Calculation

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

Devon Energy'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
=(442.911 + 5471.739) / 13991.586
=0.42

Devon Energy's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(440.68 + 5491.48) / 13233.28
=0.45

* 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 four times the quarterly (Mar. 2024) Revenue data.


Devon Energy Debt-to-Revenue Related Terms

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Devon Energy (MIL:1DY6) Business Description

Address
333 West Sheridan Avenue, Oklahoma, OK, USA, 73102-5015
Devon Energy, based in Oklahoma City, is one of the largest independent exploration and production companies in North America. The firm's asset base is spread throughout onshore North America and includes exposure to the Delaware, STACK, Eagle Ford, Powder River Basin, and Bakken plays. At year-end 2022, Devon's proved reserves totaled 1.8 billion barrels of oil equivalent, and net production that year was 611 thousand boe/d, of which oil and natural gas liquids made up 73% of production, with natural gas accounting for the remainder.

Devon Energy (MIL:1DY6) Headlines

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