Victoria Oil & Gas Plc Debt/Equity
What is the Debt/Equity of Victoria Oil & Gas Plc?
The Debt/Equity of Victoria Oil & Gas Plc is 57,070.83
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Energy sector on LSE compared to Victoria Oil & Gas Plc
What does Victoria Oil & Gas Plc do?
Victoria Oil & Gas Plc engages in the exploration, development, and production of oil and gas in in West Africa and Russia. The company holds 57% interest in the Logbaba gas and condensate project, which covers an area of 20 square kilometers located in Cameroon; and 75% interest in the Matanda Block covering an area of 1,235 square kilometers located in Cameroon. It also delivers gas to grid power, thermal, and industrial power customers through its 51 km gas distribution pipeline network in Douala. In addition, the company is involved in the development, production, and the sale of hydrocarbons and related activities. Victoria Oil & Gas Plc was incorporated in 2004 and is based in London, the United Kingdom.
Companies with debt/equity similar to Victoria Oil & Gas Plc
- Silver Heritage has Debt/Equity of 12,115.69
- Mobile TeleSystems Public Joint Stock has Debt/Equity of 20,327.43
- S&S Power Switchgear has Debt/Equity of 22,650.00
- East Stone Acquisition has Debt/Equity of 25,438.32
- C & C Constructions has Debt/Equity of 28,807.72
- C & C Constructions has Debt/Equity of 28,807.72
- Victoria Oil & Gas Plc has Debt/Equity of 57,070.83
- Global Synergy Acquisition has Debt/Equity of 72,463.77
- Vapiano SE has Debt/Equity of 525,291.70
- NexPoint Real Estate Finance has Debt/Equity of 244,504,786.80