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Weatherford International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $67 Mil. Weatherford International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1,749 Mil. Weatherford International's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $1,345 Mil. Weatherford International's debt to equity for the quarter that ended in Sep. 2024 was 1.35.
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 Weatherford International's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Weatherford International was 6.60. The lowest was -12.28. And the median was 1.84.
The historical data trend for Weatherford International'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.
Weatherford International Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 0.85 | 3.16 | 5.54 | 4.50 | 2.23 |
Weatherford International Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Debt-to-Equity | Get a 7-Day Free Trial | 2.87 | 2.23 | 1.74 | 1.48 | 1.35 |
For the Oil & Gas Equipment & Services subindustry, Weatherford International'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.
For the Oil & Gas industry and Energy sector, Weatherford International's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Weatherford International's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Weatherford International's Debt to Equity Ratio for the fiscal year that ended in Dec. 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 | |
= | (214 | + | 1846) | / | 924 | |
= | 2.23 |
Weatherford International's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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 | |
= | (67 | + | 1749) | / | 1345 | |
= | 1.35 |
* 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.
Weatherford International (NAS:WFRD) 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.
Thank you for viewing the detailed overview of Weatherford International's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Charles M Sledge | director | 1611 SCENIC MOUNTAIN COURT, KINGWOOD TX 77345 |
Girish Saligram | director, officer: President and CEO | 2000 ST. JAMES PLACE, HOUSTON TX 77056 |
Jacqueline C Mutschler | director | 2000 ST. JAMES PLACE, HOUSTON TX 77056 |
Benjamin Duster | director | 200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028 |
Neal P Goldman | director | 10700 PARKRIDGE BLVD., RESTON VA 20191 |
Desmond J Mills | officer: VP & Chief Accounting Officer | 2000 ST. JAMES PLACE, HOUSTON TX 77056 |
Scott C Weatherholt | officer: EVP, GC & CCO | 321 SOUTH BOSTON AVE., SUITE 1000, TULSA OK 74103 |
Joseph H Mongrain | officer: EVP and CHRO | 2000 ST. JAMES PLACE, HOUSTON TX 77056 |
Arunava Mitra | officer: EVP and CFO | 2000 ST. JAMES PLACE, HOUSTON TX 77056 |
Charles Davison | officer: EVP - Operational Excellence | 2000 ST. JAMES PLACE, HOUSTON TX 77056 |
H. Keith Jennings | officer: EVP and CFO | 2000 ST. JAMES PLACE, HOUSTON TX 77056 |
Mark D Swift | officer: President - Western Hemisphere | 2000 ST. JAMES PLACE, HOUSTON TX 77056 |
Christian A Garcia | officer: Chief Financial Officer | 3000 N. SAM HOUSTON PARKWAY E., BLDG. J-4, HOUSTON TX 77032 |
John F Glick | director | TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380 |
Bates Thomas R Jr | director | TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380 |
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