Northern Oil & Gas Inc (NOG)
42.44
+0.40
(+0.94%)
USD |
NYSE |
Apr 19, 16:00
42.44
0.00 (0.00%)
After-Hours: 20:00
Northern Oil & Gas Debt to Equity Ratio: 0.8964 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.8964 |
| September 30, 2023 | 1.461 |
| June 30, 2023 | 1.181 |
| March 31, 2023 | 1.676 |
| December 31, 2022 | 2.047 |
| September 30, 2022 | 1.649 |
| June 30, 2022 | 7.220 |
| March 31, 2022 | -31.71 |
| December 31, 2021 | 3.735 |
| September 30, 2021 | -5.443 |
| June 30, 2021 | -4.768 |
| March 31, 2021 | -4.522 |
| December 31, 2020 | -4.231 |
| September 30, 2020 | -11.74 |
| June 30, 2020 | 7.029 |
| March 31, 2020 | 1.031 |
| December 31, 2019 | 2.002 |
| September 30, 2019 | 2.218 |
| June 30, 2019 | 2.200 |
| March 31, 2019 | 2.683 |
| December 31, 2018 | 1.931 |
| September 30, 2018 | 70.43 |
| June 30, 2018 | -5.647 |
| March 31, 2018 | -2.007 |
| December 31, 2017 | -1.995 |
| Date | Value |
|---|---|
| September 30, 2017 | -1.798 |
| June 30, 2017 | -1.856 |
| March 31, 2017 | -1.752 |
| December 31, 2016 | -1.708 |
| September 30, 2016 | -1.697 |
| June 30, 2016 | -1.905 |
| March 31, 2016 | -2.490 |
| December 31, 2015 | -4.227 |
| September 30, 2015 | -30.61 |
| June 30, 2015 | 3.014 |
| March 31, 2015 | 1.558 |
| December 31, 2014 | 1.046 |
| September 30, 2014 | 1.102 |
| June 30, 2014 | 1.160 |
| March 31, 2014 | 1.055 |
| December 31, 2013 | 0.9431 |
| September 30, 2013 | 0.9235 |
| June 30, 2013 | 0.8185 |
| March 31, 2013 | 0.7358 |
| December 31, 2012 | 0.7233 |
| September 30, 2012 | 0.6509 |
| June 30, 2012 | 0.5374 |
| March 31, 2012 | 0.348 |
| December 31, 2011 | 0.1408 |
| September 30, 2011 | 0.0303 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-31.71
Minimum
Mar 2022
7.220
Maximum
Jun 2022
-1.478
Average
1.461
Median
Sep 2023
Debt to Equity Ratio Benchmarks
| Devon Energy Corp | 0.5103 |
| Evolution Petroleum Corp | 0.00 |
| Houston American Energy Corp | 0.00 |
| Tellurian Inc | 0.5783 |
| Mexco Energy Corp | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 4.484B |
| Total Liabilities (Quarterly) | 2.437B |
| Shareholders Equity (Quarterly) | 2.048B |
| Current Ratio | 1.320 |
| Net Debt Paydown Yield | -3.57% |