Battalion Oil annual debt-to-equity ratio
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Battalion Oil Debt-to-Equity Ratio Growth & History (BATL)
Battalion Oil's debt-to-equity ratio was 38.42 for fiscal 2024.
View full Battalion Oil company overviewBattalion Oil annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 38.42 | 35.60 | +1264.76% |
| 2023 | 2023-12-31 | 2.81 | 0.24 | +9.22% |
| 2022 | 2022-12-31 | 2.58 | −0.29 | −9.98% |
| 2021 | 2021-12-31 | 2.86 | 1.08 | +60.34% |
| 2020 | 2020-12-31 | 1.79 | 1.32 | +284.15% |
| 2019 | 2019-12-31 | 0.46 | −0.05 | −9.26% |
| 2018 | 2018-12-31 | 0.51 | 0.13 | +34.19% |
| 2017 | 2017-12-31 | 0.38 | −8.18 | −95.54% |
| 2016 | 2016-12-31 | 8.56 | −46.27 | −84.39% |
| 2015 | 2015-12-31 | 54.83 | 52.71 | +2493.20% |
| 2014 | 2014-12-31 | 2.11 | −0.09 | −3.91% |
| 2013 | 2013-12-31 | 2.20 | 0.65 | +42.21% |
| 2012 | 2012-12-31 | 1.55 | −118.69 | −98.71% |
| 2011 | 2011-12-31 | 120.24 | — | — |
Battalion Oil quarterly debt-to-equity ratio
Q4.10
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
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Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
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Q3.19
Q4.19
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Q3.22
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Q1.23
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Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.78 | — | — |
| Q1 2026 | 2026-03-31 | 1.01 | — | — |
| Q4 2024 | 2024-12-31 | 38.42 | 35.60 | +1264.76% |
| Q3 2024 | 2024-09-30 | 4.10 | −0.79 | −16.08% |
| Q2 2024 | 2024-06-30 | 6.82 | 4.74 | +227.46% |
| Q1 2024 | 2024-03-31 | 5.84 | 3.81 | +187.57% |
| Q4 2023 | 2023-12-31 | 2.81 | 0.24 | +9.22% |
| Q3 2023 | 2023-09-30 | 4.89 | 2.64 | +117.82% |
| Q2 2023 | 2023-06-30 | 2.08 | — | — |
| Q1 2023 | 2023-03-31 | 2.03 | — | — |
| Q4 2022 | 2022-12-31 | 2.58 | −0.29 | −9.98% |
| Q3 2022 | 2022-09-30 | 2.24 | −1.94 | −46.44% |
| Q4 2021 | 2021-12-31 | 2.86 | 1.08 | +60.34% |
| Q3 2021 | 2021-09-30 | 4.19 | 3.00 | +253.76% |
| Q2 2021 | 2021-06-30 | 6.99 | 6.39 | +1070.91% |
| Q1 2021 | 2021-03-31 | 2.76 | 2.36 | +588.99% |
| Q4 2020 | 2020-12-31 | 1.79 | 1.32 | +284.15% |
| Q3 2020 | 2020-09-30 | 1.18 | −7.41 | −86.23% |
| Q2 2020 | 2020-06-30 | 0.60 | −3.17 | −84.14% |
| Q1 2020 | 2020-03-31 | 0.40 | −0.45 | −52.72% |
| Q4 2019 | 2019-12-31 | 0.46 | −0.05 | −9.26% |
| Q3 2019 | 2019-09-30 | 8.60 | 7.96 | +1247.30% |
| Q2 2019 | 2019-06-30 | 3.76 | 3.22 | +590.36% |
| Q1 2019 | 2019-03-31 | 0.85 | 0.31 | +57.05% |
| Q4 2018 | 2018-12-31 | 0.51 | 0.13 | +34.19% |
| Q3 2018 | 2018-09-30 | 0.64 | 0.29 | +81.34% |
| Q2 2018 | 2018-06-30 | 0.55 | −0.95 | −63.49% |
| Q1 2018 | 2018-03-31 | 0.54 | −0.81 | −59.91% |
| Q4 2017 | 2017-12-31 | 0.38 | −8.18 | −95.54% |
| Q3 2017 | 2017-09-30 | 0.35 | −7.21 | −95.35% |
| Q2 2017 | 2017-06-30 | 1.49 | — | — |
| Q1 2017 | 2017-03-31 | 1.35 | — | — |
| Q4 2016 | 2016-12-31 | 8.56 | −46.27 | −84.39% |
| Q3 2016 | 2016-09-30 | 7.56 | 0.98 | +14.95% |
| Q4 2015 | 2015-12-31 | 54.83 | 52.71 | +2493.20% |
| Q3 2015 | 2015-09-30 | 6.58 | 4.25 | +182.56% |
| Q2 2015 | 2015-06-30 | 10.56 | 7.94 | +304.10% |
| Q1 2015 | 2015-03-31 | 3.27 | 0.71 | +27.80% |
| Q4 2014 | 2014-12-31 | 2.11 | −0.09 | −3.91% |
| Q3 2014 | 2014-09-30 | 2.33 | 0.70 | +43.33% |
| Q2 2014 | 2014-06-30 | 2.61 | 1.52 | +138.90% |
| Q1 2014 | 2014-03-31 | 2.56 | 1.37 | +114.54% |
| Q4 2013 | 2013-12-31 | 2.20 | 0.65 | +42.21% |
| Q3 2013 | 2013-09-30 | 1.62 | 0.56 | +52.06% |
| Q2 2013 | 2013-06-30 | 1.09 | 0.74 | +205.01% |
| Q1 2013 | 2013-03-31 | 1.19 | 0.84 | +238.78% |
| Q4 2012 | 2012-12-31 | 1.55 | −118.69 | −98.71% |
| Q3 2012 | 2012-09-30 | 1.07 | −10.43 | −90.71% |
| Q2 2012 | 2012-06-30 | 0.36 | −42.78 | −99.17% |
| Q1 2012 | 2012-03-31 | 0.35 | — | — |
| Q4 2011 | 2011-12-31 | 120.24 | 72.94 | +154.21% |
| Q3 2011 | 2011-09-30 | 11.50 | — | — |
| Q2 2011 | 2011-06-30 | 43.14 | — | — |
| Q4 2010 | 2010-12-31 | 47.30 | — | — |
Battalion Oil debt-to-equity ratio trends
Over the last five fiscal years, Battalion Oil's debt-to-equity ratio increased from 0.46 to 38.42, a change of 37.95. The latest reported quarter, Q2 2026, shows 0.78.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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