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Essential Energy Services (TSX:ESN) Debt-to-Revenue : 0.12 (As of Jun. 2023)


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What is Essential Energy Services Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Essential Energy Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was C$3.1 Mil. Essential Energy Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was C$10.7 Mil. Essential Energy Services's annualized Revenue for the quarter that ended in Jun. 2023 was C$114.3 Mil. Essential Energy Services's annualized Debt-to-Revenue for the quarter that ended in Jun. 2023 was 0.12.


Essential Energy Services Debt-to-Revenue Historical Data

The historical data trend for Essential Energy Services's Debt-to-Revenue 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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Essential Energy Services Debt-to-Revenue Chart

Essential Energy Services Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.16 0.12 0.10 0.07

Essential Energy Services Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.08 0.07 0.07 0.12

Competitive Comparison of Essential Energy Services's Debt-to-Revenue

For the Oil & Gas Equipment & Services subindustry, Essential Energy Services's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Essential Energy Services's Debt-to-Revenue Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Essential Energy Services's Debt-to-Revenue falls into.



Essential Energy Services Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Essential Energy Services's Debt-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(4.237 + 6.492) / 150.097
=0.07

Essential Energy Services's annualized Debt-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3.139 + 10.698) / 114.292
=0.12

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Jun. 2023) Revenue data.


Essential Energy Services Debt-to-Revenue Related Terms

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Essential Energy Services (TSX:ESN) Business Description

Traded in Other Exchanges
N/A
Address
250 - 2nd Street SW, Suite 1100, Livingston Place West, Calgary, AB, CAN, T2P 0C1
Essential Energy Services Ltd provides oilfield services to oil and natural gas producers, primarily in Western Canada. It operates through two segments: The Essential Coil Well Service segment provides completion, production, and workover services with its fleet of coiled tubing rigs, fluid pumpers, nitrogen pumpers, and ancillary equipment. Tryton segment provides downhole tools and rental services in Canada and the U.S. The majority of revenue is from the ECWS segment.

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