Awilco Drilling (Awilco Drilling) Debt-to-Equity : -0.03 (As of Jun. 2023)

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What is Awilco Drilling Debt-to-Equity?

Awilco Drilling's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Awilco Drilling's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $4.00 Mil. Awilco Drilling's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-138.01 Mil. Awilco Drilling's debt to equity for the quarter that ended in Jun. 2023 was -0.03.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

AWLCF' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.03 Med: 0.44 Max: 0.62
Current: -0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Awilco Drilling was 0.62. The lowest was -0.03. And the median was 0.44.

AWLCF's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.44 vs AWLCF: -0.03

Awilco Drilling Debt-to-Equity Historical Data

The historical data trend for Awilco Drilling's Debt-to-Equity 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.

Awilco Drilling Debt-to-Equity Chart

Awilco Drilling Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.01

0.02

0.07

-0.02

Awilco Drilling Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.07	-	-	-0.02	-0.03

Competitive Comparison of Awilco Drilling's Debt-to-Equity

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

Awilco Drilling's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Awilco Drilling's Debt-to-Equity falls into.

Awilco Drilling Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Awilco Drilling's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.995	+	0.146)	/	-126.955
	=	-0.02

Awilco Drilling's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	4)	/	-138.014
	=	-0.03

Awilco Drilling (OTCPK:AWLCF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Awilco Drilling Debt-to-Equity Related Terms

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Awilco Drilling (Awilco Drilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Awilco Drilling PLC (OTCPK:AWLCF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AWDR:Norway 0AI1:Germany

Address

2 Kingshill Park, Venture Drive, Arnhall Business Park, Westhill, Aberdeen, GBR, AB32 6FL

Website

https://www.awilcodrilling.com

Awilco Drilling PLC is engaged in operating the drilling rigs. Its business is to own offshore drilling rigs for use in offshore drilling operations and to provide drilling services for oil and gas companies using these rigs. Its segment provides drilling services in the United Kingdom. The company owns and operates approximately two semi-submersible drilling rigs: the WilPhoenix and WilHunter, both standardized rigs used in the drilling of oil and gas wells in the United Kingdom sector of the North Sea.