Halliburton Co (Halliburton Co) LT-Debt-to-Total-Asset : 0.35 (As of Mar. 2024)

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What is Halliburton Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Halliburton Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.35.

Halliburton Co's long-term debt to total assets ratio declined from Mar. 2023 (0.37) to Mar. 2024 (0.35). It may suggest that Halliburton Co is progressively becoming less dependent on debt to grow their business.

Halliburton Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Halliburton Co's LT-Debt-to-Total-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.

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Halliburton Co LT-Debt-to-Total-Asset Chart

Halliburton Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.44

0.48

0.45

0.38

0.35

Halliburton Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.37	0.37	0.35	0.35	0.35

Halliburton Co LT-Debt-to-Total-Asset Calculation

Halliburton Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	8547	/	24683
	=	0.35

Halliburton Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	8520	/	24654
	=	0.35

Halliburton Co (NYSE:HAL) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Halliburton Co LT-Debt-to-Total-Asset Related Terms

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Halliburton Co (Halliburton Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Halliburton Co (NYSE:HAL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HAL:Mexico 1HAL:Italy HALd:UK HAL:Germany HAL:Germany HAL:Germany HAL:Germany HAL:Chile HALI34:Brazil HAL:Austria

Address

3000 North Sam Houston Parkway East, Houston, TX, USA, 77032

Website

https://www.halliburton.com

Halliburton is one of the three largest oilfield service firms in the world, offering superior expertise in a number of business lines, including completion fluids, wireline services, cementing, and countless others. It's the largest pressure pumper in North America, and has been a leading innovator in hydraulic fracturing over the past two decades.

Executives

Van H. Beckwith	officer: EVP, Secretary and CLO	3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Myrtle L Jones	officer: Senior Vice Pres - Tax	3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Jill D. Sharp	officer: SVP Internal Assurance Svcs.	3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Jeffrey Allen Miller	officer: Exec VP & COO	3000 N. SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Timothy Mckeon	officer: Vice Pres and Treasurer	3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Eric Carre	officer: EVP, Global Business Lines	3000 N. SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Charles Jr. Geer	officer: VP and Corporate Controller	3000 N. SAM HOUSTON PARKWAY EAST, PLAZA 2-6211, HOUSTON TX 77032
Jeffrey Shannon Slocum	officer: President - Eastern Hemisphere	3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Maurice S Smith	director	353 N. CLARK STREET, SUITE 3300, CHICAGO IL 60654
Janet L Weiss	director	3000 N SAM HOUSTON PKWY E, HOUSTON TX 77032
Margaret Katherine Banks	director	125 SPENCE STREET, SUITE 500, ZACHRY ENGINEERING EDUCATION COMPLEX, COLLEGE STATION TX 77843
Lawrence J Pope	officer: Vice Pres, HR and Admin	3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Joe D Rainey	officer: Pres., Eastern Hemisphere	EMIRATES TOWER, 13TH FLOOR, SHEIKH ZAYED ROAD, DUBAI C0 00000
Lance Loeffler	officer: Chief Financial Officer	3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Mark Richard	officer: President - Western Hemisphere	3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032