Akita Drilling (Akita Drilling) Long-Term Debt : $51.8 Mil (As of Dec. 2023)

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What is Akita Drilling Long-Term Debt?

Akita Drilling's Long-Term Debt for the quarter that ended in Dec. 2023 was $51.8 Mil.

Akita Drilling's quarterly Long-Term Debt declined from Jun. 2023 ($60.0 Mil) to Sep. 2023 ($55.0 Mil) and declined from Sep. 2023 ($55.0 Mil) to Dec. 2023 ($51.8 Mil).

Akita Drilling's annual Long-Term Debt increased from Dec. 2021 ($66.0 Mil) to Dec. 2022 ($68.8 Mil) but then declined from Dec. 2022 ($68.8 Mil) to Dec. 2023 ($51.8 Mil).

Akita Drilling Long-Term Debt Historical Data

The historical data trend for Akita Drilling's Long-Term Debt 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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Akita Drilling Long-Term Debt Chart

Akita Drilling Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Debt

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56.72

58.01

65.97

68.84

51.84

Akita Drilling Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Debt	Get a 7-Day Free Trial															68.84	65.48	59.97	55.02	51.84

Akita Drilling (OTCPK:AKTAF) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Akita Drilling Long-Term Debt Related Terms

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Akita Drilling (Akita Drilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Akita Drilling Ltd (OTCPK:AKTAF) » Definitions » Long-Term Debt

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Traded in Other Exchanges

774:Germany AKT.B:Canada AKT.A:Canada

Address

333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1

Website

https://www.akita-drilling.com

Akita Drilling Ltd is a Canadian oil and gas drilling contractor. The company is engaged in providing contract drilling services, primarily to the oil and gas industry, in Canada and the United States. The company owns and operates over 35 drilling rigs. It is also involved in the drilling related to potash mining and the development of storage caverns.