Seadrill (Seadrill) Equity-to-Asset : 0.71 (As of Dec. 2023)

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What is Seadrill Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Seadrill's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,983 Mil. Seadrill's Total Assets for the quarter that ended in Dec. 2023 was $4,218 Mil. Therefore, Seadrill's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.71.

The historical rank and industry rank for Seadrill's Equity-to-Asset or its related term are showing as below:

SDRL' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.95 Med: 0.18 Max: 0.71
Current: 0.71

During the past 5 years, the highest Equity to Asset Ratio of Seadrill was 0.71. The lowest was -0.95. And the median was 0.18.

SDRL's Equity-to-Asset is ranked better than
75.74% of 1088 companies
in the Oil & Gas industry
Industry Median: 0.51 vs SDRL: 0.71

Seadrill Equity-to-Asset Historical Data

The historical data trend for Seadrill's Equity-to-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.

Seadrill Equity-to-Asset Chart

Seadrill Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.18

-0.79

-0.95

0.61

0.71

Seadrill Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial							0.61	0.67	0.76	0.72	0.71

Competitive Comparison of Seadrill's Equity-to-Asset

For the Oil & Gas Drilling subindustry, Seadrill's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.

Seadrill's Equity-to-Asset Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Seadrill's Equity-to-Asset falls into.

Seadrill Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Seadrill's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2983	/	4218
	=	0.71

Seadrill's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2983	/	4218
	=	0.71

Seadrill (NYSE:SDRL) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Seadrill Equity-to-Asset Related Terms

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

Seadrill (Seadrill) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Seadrill Ltd (NYSE:SDRL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

SDRLo:Sweden SDRL:Norway SDRMo:UK P4F:Germany

Address

566 Chiswick High Road, Chiswick Business Park, Building 11, 2nd Floor, London, GBR, W4 5YS

Website

https://www.seadrill.com

Seadrill Ltd is an offshore drilling contractor company. It engages in providing worldwide offshore drilling services to the oil and gas industry. Its primary business is the ownership and operation of drillships, semi-submersible rigs, and jack-up rigs for operations in shallow to ultra-deepwater areas in both benign and harsh environments. It has three segments Harsh environment, Floaters and Jackups.