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

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

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

Mexco Energy (MXC) has 12 years of Debt Ratio data on file, last reported at 0.05 in Q2 2022.

  • For the quarter ending Q2 2022, Debt Ratio fell 24.42% year-over-year to 0.05; the trailing twelve-month figure through Jun 2022 stood at 0.05 (down 24.42% YoY), and the FY2021 full-year result was 0.11, up 35.08% from the prior year.
  • Debt Ratio declined to 0.05 in Q2 2022, from 0.07 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.15 in Q1 2018 to a low of 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.
  • Across the five-year window, Debt Ratio plunged 77.91% in 2018 and jumped 358.94% in 2020, its largest moves.
  • Tracing MXC's Debt Ratio over 5 years: stood at 0.05 in 2018, then gained by 15.77% to 0.05 in 2019, then jumped by 105.13% to 0.11 in 2020, then sank by 33.24% to 0.07 in 2021, then retreated by 24.42% to 0.05 in 2022.
  • Business Quant data shows MXC's Debt Ratio at 0.05 in Q2 2022, 0.07 in Q2 2021, and 0.11 in Q1 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 0.19
2 Eog Resources 74.61 Bn 70.76 Bn - 0.15
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 0.20
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 0.19
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 0.14
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 0.26
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 0.20
10 Mexco Energy 18.36 Mn 15.59 Mn 1.28 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2022 0.05
Jun 30, 2021 0.07
Mar 31, 2021 0.11
Dec 31, 2020 0.11
Sep 30, 2020 0.12
Jun 30, 2020 0.09
Mar 31, 2020 0.08
Dec 31, 2019 0.05
Sep 30, 2019 0.05
Jun 30, 2019 0.02
Sep 30, 2018 0.05
Jun 30, 2018 0.05
Mar 31, 2018 0.15
Dec 31, 2017 0.09
Sep 30, 2017 0.21
Jun 30, 2017 0.20
Mar 31, 2017 0.30
Dec 31, 2016 0.24
Sep 30, 2016 0.35
Jun 30, 2016 0.34