Select Water Solutions (Select Water Solutions) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Select Water Solutions LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Select Water Solutions's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

Select Water Solutions's long-term debt to total assets ratio declined from Mar. 2023 (0.09) to Mar. 2024 (0.09). It may suggest that Select Water Solutions is progressively becoming less dependent on debt to grow their business.

Select Water Solutions LT-Debt-to-Total-Asset Historical Data

The historical data trend for Select Water Solutions's LT-Debt-to-Total-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.

Select Water Solutions LT-Debt-to-Total-Asset Chart

Select Water Solutions Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.05

0.07

0.06

0.05

0.03

Select Water Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.09	0.03	0.03	0.09

Select Water Solutions LT-Debt-to-Total-Asset Calculation

Select Water Solutions's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	37.799	/	1218.19
	=	0.03

Select Water Solutions's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	114.667	/	1291.307
	=	0.09

Select Water Solutions (NYSE:WTTR) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Select Water Solutions LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Select Water Solutions's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Select Water Solutions (Select Water Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Select Water Solutions Inc (NYSE:WTTR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

18RA:Germany

Address

1233 West Loop South, Suite 1400, Houston, TX, USA, 77027

Website

https://www.selectenergy.com

Select Water Solutions Inc provides sustainable water and chemical solutions to the energy industry. These solutions are supported by the company's critical water infrastructure assets, chemical manufacturing, and water treatment and recycling capabilities.

Executives

Brian Szymanski	officer: Chief Accounting Officer & VP	1820 I-35 FRONTAGE ROAD, GAINESVILLE TX 76240
Michael Skarke	officer: Exec. VP, Water Solutions	1820 NORTH I-35, P.O. BOX 1715, GAINESVILLE TX 76241
Troy W Thacker	director	C/O FOX PAINE & CO, 950 TOWER LANE, FOSTER CITY CA 94404
Christina M Ibrahim	officer: SVP, GC and CCO	2000 ST. JAMES PLACE, HOUSTON TX 77056
Nick L Swyka	officer: CFO & Senior VP	515 POST OAK BLVD., STE. 200, HOUSTON TX 77027
Robin H Fielder	director	1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Christopher Kile George	officer: See Remarks	5660 WICKERSHAM LN, HOUSTON TX 77056
Luis M Fernandez-moreno	director	ASHLAND INC., 8145 BLAZER DRIVE, WILMINGTON DE 19808
Suzanne Colbert	officer: Chief Technology Officer	1233 WEST LOOP SOUTH, SUITE 1400, HOUSTON TX 77027
Gayle Burleson	director	ONE CONCHO CENTER, 600 WEST ILLINOIS AVENUE, MIDLAND TX 79701
Scf-vii(a), L.p.	10 percent owner, other: Member of Group	600 TRAVIS ST., STE. 6600, HOUSTON TX 77002
Scf Partners, Inc.	10 percent owner, other: Member of Group	600 TRAVIS STE 6600, HOUSTON TX 77002
Scf-vii(a), G.p., Limited Partnership	10 percent owner, other: Member of Group	600 TRAVIS, SUITE 6600, HOUSTON TX 77002
Holli C. Ladhani	director, officer: President and CEO	2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Mitchell Shauf	officer: EVP, Water Services	1820 N. INTERSTATE 35, GAINESVILLE TX 76241