Tuscany International Drilling, (FRA:TS1) Debt-to-Equity : 2.90 (As of Mar. 2014)

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What is Tuscany International Drilling, Debt-to-Equity?

Tuscany International Drilling,'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2014 was €156.7 Mil. Tuscany International Drilling,'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2014 was €0.0 Mil. Tuscany International Drilling,'s Total Stockholders Equity for the quarter that ended in Mar. 2014 was €54.1 Mil. Tuscany International Drilling,'s debt to equity for the quarter that ended in Mar. 2014 was 2.90.

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 Tuscany International Drilling,'s Debt-to-Equity or its related term are showing as below:

FRA:TS1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: 2.51

FRA:TS1's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.44 vs FRA:TS1: 2.51

Tuscany International Drilling, Debt-to-Equity Historical Data

The historical data trend for Tuscany International Drilling,'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.

Tuscany International Drilling, Debt-to-Equity Chart

Tuscany International Drilling, Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Debt-to-Equity

0.38

0.56

0.71

2.51

Tuscany International Drilling, Quarterly Data
	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14
Debt-to-Equity	Get a 7-Day Free Trial															0.76	0.81	1.19	2.51	2.90

Competitive Comparison of Tuscany International Drilling,'s Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Tuscany International Drilling,'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.

Tuscany International Drilling,'s Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tuscany International Drilling,'s Debt-to-Equity falls into.

Tuscany International Drilling, Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tuscany International Drilling,'s Debt to Equity Ratio for the fiscal year that ended in Dec. 2013 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
	=	(149	+	0)	/	59.259
	=	2.51

Tuscany International Drilling,'s Debt to Equity Ratio for the quarter that ended in Mar. 2014 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
	=	(156.695	+	0)	/	54.085
	=	2.90

Tuscany International Drilling, (FRA:TS1) 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.

Tuscany International Drilling, Debt-to-Equity Related Terms

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Tuscany International Drilling, (FRA:TS1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tuscany International Drilling, Inc. (FRA:TS1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.tuscanydrilling.com

Tuscany International Drilling Inc was incorporated on April 6, 2004, pursuant to the provisions of the Business Corporations Act Alberta. The company is a Canadian-based oilfield services company; offering drilling, completion and workover services to the oil and natural gas industry, in South America. It is comprised of 26 owned drilling and workover rigs. It competes directly with various international and local companies in each region in which it operate.

Tuscany International Drilling, (FRA:TS1) Headlines

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