Rompetrol Well Services (BSE:PTR) Debt-to-Equity : 0.09 (As of Sep. 2023)

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What is Rompetrol Well Services Debt-to-Equity?

Rompetrol Well Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was lei2.64 Mil. Rompetrol Well Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was lei6.83 Mil. Rompetrol Well Services's Total Stockholders Equity for the quarter that ended in Sep. 2023 was lei100.84 Mil. Rompetrol Well Services's debt to equity for the quarter that ended in Sep. 2023 was 0.09.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Rompetrol Well Services's Debt-to-Equity or its related term are showing as below:

BSE:PTR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.13
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Rompetrol Well Services was 0.13. The lowest was 0.00. And the median was 0.01.

BSE:PTR's Debt-to-Equity is ranked better than
85.18% of 830 companies
in the Oil & Gas industry
Industry Median: 0.45 vs BSE:PTR: 0.09

Rompetrol Well Services Debt-to-Equity Historical Data

The historical data trend for Rompetrol Well Services's Debt-to-Equity 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.

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Rompetrol Well Services Debt-to-Equity Chart

Rompetrol Well Services Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.01

0.12

Rompetrol Well Services Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.13	0.12	0.11	0.10	0.09

Competitive Comparison of Rompetrol Well Services's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Rompetrol Well Services's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Rompetrol Well Services's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Rompetrol Well Services's Debt-to-Equity falls into.

Rompetrol Well Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rompetrol Well Services's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2.622	+	8.646)	/	93.299
	=	0.12

Rompetrol Well Services's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2.636	+	6.827)	/	100.837
	=	0.09

Rompetrol Well Services (BSE:PTR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Rompetrol Well Services Debt-to-Equity Related Terms

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Rompetrol Well Services (BSE:PTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Rompetrol Well Services SA (BSE:PTR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Clopotei Street, No. 2 bis, Ploiesti, ROU, 100189

Website

https://rompetrolwellservices.kmginternational.com

Rompetrol Well Services SA is a Romania-based company engaged in the supply of services for oil and gas wells, rental of well tools and equipment, and other services. It offers a wide range of specialized services for crude oil and natural gas wells including cementing, sand control, stimulations, slick-line, nitrogen services, tubular running operations, and rentals of equipment and tools. Geographically the company caters its services to both the domestic and foreign markets.

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