Cobra Venture Debt/Equity

What is the Debt/Equity of Cobra Venture?

The Debt/Equity of Cobra Venture Corporation is 0.04

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 TSXV compared to Cobra Venture

What does Cobra Venture do?

Cobra Venture Corporation engages in the exploration and development of petroleum and natural gas properties in Canada. It holds interest in an oil well located in the Willesden Green area in Alberta; and the Gull Lake project in Saskatchewan. Cobra Venture Corporation was incorporated in 1998 and is headquartered in West Vancouver, Canada.

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