Daybreak Oil & Gas Long Term Debt

Daybreak Oil & Gas posts a long-term debt of $0 as of August 2023. That compares with $120K in the prior-year period — down 100.0% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Daybreak Oil & Gas's long-term debt was $120K. The latest reading is $0 — a 100.0% year-over-year decrease (period ending August 2023). Use the history and growth charts on this page for a longer lookback.

Long-Term Debt is one piece of Daybreak Oil & Gas's financial statement story. At $0, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for DBRM's long-term debt usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Daybreak Oil & Gas's other metric pages and overview cover the third.

Judging Daybreak Oil & Gas against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in long-term debt easier to interpret. Start with $0 here, then scan peer and history charts to see if the gap is persistent.