Atwood Oceanics (Atwood Oceanics) Debt-to-Equity : 0.38 (As of Jun. 2017)

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What is Atwood Oceanics Debt-to-Equity?

Atwood Oceanics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.0 Mil. Atwood Oceanics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $1,298.1 Mil. Atwood Oceanics's Total Stockholders Equity for the quarter that ended in Jun. 2017 was $3,399.8 Mil. Atwood Oceanics's debt to equity for the quarter that ended in Jun. 2017 was 0.38.

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 Atwood Oceanics's Debt-to-Equity or its related term are showing as below:

ATW's Debt-to-Equity is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Atwood Oceanics Debt-to-Equity Historical Data

The historical data trend for Atwood Oceanics'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.

* Premium members only.

Atwood Oceanics Debt-to-Equity Chart

Atwood Oceanics Annual Data

Trend

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Debt-to-Equity

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0.43

0.58

0.69

0.57

0.38

Atwood Oceanics Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Debt-to-Equity	Get a 7-Day Free Trial															0.43	0.38	0.40	0.38	0.38

Competitive Comparison of Atwood Oceanics's Debt-to-Equity

For the Oil & Gas Drilling subindustry, Atwood Oceanics'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.

Atwood Oceanics's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Atwood Oceanics's Debt-to-Equity falls into.

Atwood Oceanics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atwood Oceanics's Debt to Equity Ratio for the fiscal year that ended in Sep. 2016 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
	=	(0	+	1227.919)	/	3230.386
	=	0.38

Atwood Oceanics's Debt to Equity Ratio for the quarter that ended in Jun. 2017 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
	=	(0	+	1298.136)	/	3399.822
	=	0.38

Atwood Oceanics (NYSE:ATW) 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.

Atwood Oceanics Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Atwood Oceanics's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Atwood Oceanics (Atwood Oceanics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Atwood Oceanics Inc (NYSE:ATW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.atwd.com

Atwood Oceanics, Inc. is an offshore drilling company that offers drilling and completion of exploratory and development oil and gas wells. An array of unique drilling units is offered globally in the offshore market. Rig options can differ by operative depth of water, bottom condition, environment and geographical area, and by drilling and operating requirement. The main fleet options consist of deepwater semisubmersibles, jackups, and ultra-deepwater rigs. The majority of Atwood's revenue is derived globally from major integrated oil and natural gas companies and independent oil and gas companies.

Executives

Jeffrey Allen Miller	director	3000 N. SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Phil D Wedemeyer	director
Jack E Golden	director	15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Mark W. Smith	officer: SVP & Chief Financial Officer	15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Hans Helmerich	director	C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
George S Dotson	director
James R Montague	director	FIVE RADNOR CORPORATE CENTER, SUITE 500, RADNOR PA 19087
Barry Michael Smith	officer: Sr. VP - Technical Services	15835 PARK TEN PLACE DRIEV, HOUSTON TX 77084
Robert J. Saltiel	officer: President & CEO	4 GREENWAY PLAZA, HOUSTON TX 77046
Walter A Baker	officer: Sr Vice Pres., General Counsel	15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Stuart D Allen	officer: See Remarks	1004 STANFORD ST., UNIT B, HOUSTON TX 77019
Geoffrey C. Wagner	officer: VP, Marketing & Bus. Dev.	15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Mark-anthony Lovell Mey	officer: Exec. VP & CFO	15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Alan Quintero	officer: Senior Vice President - Operat	15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084