Mexco Energy (MXC) Debt Ratio (2011 - 2022)

Mexco Energy (MXC) posted Debt Ratio of 0.05 for Q2 2022, down 24.42% sequentially from 0.07 in Q2 2021, and down 24.42% YoY from 0.07 in Q2 2021.

Mexco Energy (MXC) Debt Ratio (2011 - 2022) Analysis & Trends

Mexco Energy has reported Debt Ratio for 12 years, with the latest figure at 0.05 in Q2 2022.

Quarterly Debt Ratio fell 24.42% year-over-year to 0.05 in Q2 2022, while the trailing twelve-month figure through Jun 2022 was 0.05 (down 24.42% YoY) and the FY2021 annual result came in at 0.11, up 35.08% from the prior year.
Debt Ratio declined to 0.05 in Q2 2022 per MXC's latest filing, from 0.07 in the prior quarter.
Over five years, Debt Ratio peaked at 0.15 in Q1 2018 and troughed at 0.02 in Q2 2019.
A 5-year average of 0.08 and a median of 0.07 in 2021 frame the typical range for Debt Ratio.
The sharpest annual moves came in 2018 and 2020: Debt Ratio slumped 77.91% in 2018, then surged 300.47% in 2020.
Over 5 years, Debt Ratio stood at 0.05 in 2018, then grew by 15.77% to 0.05 in 2019, then jumped by 105.13% to 0.11 in 2020, then plunged by 33.24% to 0.07 in 2021, then dropped by 24.42% to 0.05 in 2022.
According to Business Quant data, Debt Ratio over the past three periods registered 0.05, 0.07, and 0.11 for Q2 2022, Q2 2021, and Q1 2021 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	Conocophillips	164.00 Bn	156.31 Bn	12.81 Bn	0.19
2	Canadian Natural Resources	106.56 Bn	104.66 Bn	10.66 Bn	-
3	Eog Resources	80.39 Bn	75.48 Bn	-	0.14
4	Diamondback Energy	59.33 Bn	58.87 Bn	5.55 Bn	0.18
5	Woodside Energy	46.17 Bn	40.23 Bn	6.02 Bn	-
6	Devon Energy	46.16 Bn	45.15 Bn	6.02 Bn	0.18
7	Occidental Petroleum	39.38 Bn	35.23 Bn	7.73 Bn	0.17
8	Eqt	33.99 Bn	33.88 Bn	1.42 Bn	0.14
9	Texas Pacific Land	26.51 Bn	26.27 Bn	-	-
10	Mexco Energy	18.82 Mn	16.05 Mn	1.28 Mn	-

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