Weatherford International (Weatherford International) Cash-to-Debt : 0.43 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Weatherford International Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Weatherford International's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.43.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Weatherford International couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Weatherford International's Cash-to-Debt or its related term are showing as below:

WFRD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.19 Max: 0.47
Current: 0.47

During the past 13 years, Weatherford International's highest Cash to Debt Ratio was 0.47. The lowest was 0.06. And the median was 0.19.

WFRD's Cash-to-Debt is ranked worse than
51.37% of 1024 companies
in the Oil & Gas industry
Industry Median: 0.505 vs WFRD: 0.47

Weatherford International Cash-to-Debt Historical Data

The historical data trend for Weatherford International's Cash-to-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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Weatherford International Cash-to-Debt Chart

Weatherford International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.25

0.39

0.36

0.38

0.47

Weatherford International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.35	0.36	0.39	0.47	0.43

Competitive Comparison of Weatherford International's Cash-to-Debt

For the Oil & Gas Equipment & Services subindustry, Weatherford International's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

Weatherford International's Cash-to-Debt Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Weatherford International's Cash-to-Debt falls into.

Weatherford International Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Weatherford International's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	958	/	(214	+	1846)
	=	0.47

Weatherford International's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	824	/	(148	+	1753)
	=	0.43

Weatherford International (NAS:WFRD) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Weatherford International Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Weatherford International's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Weatherford International (Weatherford International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Weatherford International PLC (NAS:WFRD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0WE:Germany

Address

2000 St. James Place, Houston, TX, USA, 77056

Website

https://www.weatherford.com

Weatherford International provides diversified oilfield services worldwide for an array of oilfield types. The firm is a global market leader in artificial lift and tubular running services. Other key product lines include cementing products, directional drilling, and wireline evaluation.

Executives

Joseph H Mongrain	officer: EVP and CHRO	2000 ST. JAMES PLACE, HOUSTON TX 77056
Girish Saligram	director, officer: President and CEO	2000 ST. JAMES PLACE, HOUSTON TX 77056
Desmond J Mills	officer: VP & Chief Accounting Officer	2000 ST. JAMES PLACE, HOUSTON TX 77056
Scott C Weatherholt	officer: EVP, GC & CCO	321 SOUTH BOSTON AVE., SUITE 1000, TULSA OK 74103
Arunava Mitra	officer: EVP and CFO	2000 ST. JAMES PLACE, HOUSTON TX 77056
Charles Davison	officer: EVP - Operational Excellence	2000 ST. JAMES PLACE, HOUSTON TX 77056
H. Keith Jennings	officer: EVP and CFO	2000 ST. JAMES PLACE, HOUSTON TX 77056
Benjamin Duster	director	200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028
Mark D Swift	officer: President - Western Hemisphere	2000 ST. JAMES PLACE, HOUSTON TX 77056
Christian A Garcia	officer: Chief Financial Officer	3000 N. SAM HOUSTON PARKWAY E., BLDG. J-4, HOUSTON TX 77032
John F Glick	director	TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Charles M Sledge	director	1611 SCENIC MOUNTAIN COURT, KINGWOOD TX 77345
Neal P Goldman	director	10700 PARKRIDGE BLVD., RESTON VA 20191
Bates Thomas R Jr	director	TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Gordon T Hall	director	3300 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032-3411