Obsidian Energy Debt-to-Equity Ratio Growth & History (OBE)
Obsidian Energy's debt-to-equity ratio was 0.15 for fiscal 2025.
View full Obsidian Energy company overviewObsidian Energy annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.15 | −0.10 | −40.55% |
| 2024 | 2024-12-31 | 0.25 | 0.10 | +73.61% |
| 2023 | 2023-12-31 | 0.14 | −0.01 | −6.20% |
| 2022 | 2022-12-31 | 0.15 | −0.37 | −71.25% |
| 2021 | 2021-12-31 | 0.53 | −0.91 | −63.28% |
| 2020 | 2020-12-31 | 1.43 | 0.90 | +172.18% |
| 2019 | 2019-12-31 | 0.53 | 0.23 | +77.96% |
| 2018 | 2018-12-31 | 0.30 | 0.13 | +78.19% |
| 2017 | 2017-12-31 | 0.17 | −0.04 | −20.59% |
| 2016 | 2016-12-31 | 0.21 | — | — |
Obsidian Energy quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.27 | 0.10 | +63.97% |
| Q1 2026 | 2026-03-31 | 0.20 | — | — |
| Q4 2025 | 2025-12-31 | 0.15 | −0.10 | −40.55% |
| Q3 2025 | 2025-09-30 | 0.11 | — | — |
| Q2 2025 | 2025-06-30 | 0.16 | — | — |
| Q4 2024 | 2024-12-31 | 0.25 | 0.10 | +73.61% |
| Q4 2023 | 2023-12-31 | 0.14 | −0.01 | −6.20% |
| Q4 2022 | 2022-12-31 | 0.15 | −0.37 | −71.25% |
| Q4 2021 | 2021-12-31 | 0.53 | −0.91 | −63.28% |
| Q4 2020 | 2020-12-31 | 1.43 | 0.90 | +172.18% |
| Q4 2019 | 2019-12-31 | 0.53 | 0.23 | +77.96% |
| Q4 2018 | 2018-12-31 | 0.30 | 0.13 | +78.19% |
| Q4 2017 | 2017-12-31 | 0.17 | — | — |
Obsidian Energy debt-to-equity ratio trends
Over the last five fiscal years, Obsidian Energy's debt-to-equity ratio decreased from 1.43 to 0.15, a change of −1.28. The latest reported quarter, Q2 2026, shows 0.27.
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.
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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