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STEP Energy Services (STEP Energy Services) Debt-to-Asset : 0.19 (As of Mar. 2024)


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What is STEP Energy Services Debt-to-Asset?

STEP Energy Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $8.9 Mil. STEP Energy Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $97.9 Mil. STEP Energy Services's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $564.0 Mil. STEP Energy Services's debt to asset for the quarter that ended in Mar. 2024 was 0.19.


STEP Energy Services Debt-to-Asset Historical Data

The historical data trend for STEP Energy Services's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

STEP Energy Services Debt-to-Asset Chart

STEP Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.46 0.42 0.24 0.19

STEP Energy Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.24 0.17 0.19 0.19

Competitive Comparison of STEP Energy Services's Debt-to-Asset

For the Oil & Gas Equipment & Services subindustry, STEP Energy Services's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


STEP Energy Services's Debt-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, STEP Energy Services's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where STEP Energy Services's Debt-to-Asset falls into.



STEP Energy Services Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

STEP Energy Services's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(6.524 + 78.175) / 452.086
=0.19

STEP Energy Services's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(8.873 + 97.94) / 564.006
=0.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


STEP Energy Services  (OTCPK:SNVVF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


STEP Energy Services Debt-to-Asset Related Terms

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STEP Energy Services (STEP Energy Services) Business Description

Traded in Other Exchanges
Address
1200, 205-5th Avenue SW, Bow Valley Square II, Calgary, AB, CAN, T2P 2V7
STEP Energy Services Ltd is an oilfield service company. It provides coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing solutions. STEP has a high-performance safety-focused culture and provides innovative, reliable, and cost-effective solutions to its E&P clients. The group's services are focused on the WCSB, Permian and Eagle Ford in Texas, the Uinta-Piceance and Niobrara-DJ basins in Colorado, and the Bakken in North Dakota.