Dawson Geophysical Co (Dawson Geophysical Co) Debt-to-Equity : 0.20 (As of Dec. 2023)

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What is Dawson Geophysical Co Debt-to-Equity?

Dawson Geophysical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.58 Mil. Dawson Geophysical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.65 Mil. Dawson Geophysical Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $31.43 Mil. Dawson Geophysical Co's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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 Dawson Geophysical Co's Debt-to-Equity or its related term are showing as below:

DWSN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 0.2
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Dawson Geophysical Co was 0.20. The lowest was 0.01. And the median was 0.08.

DWSN's Debt-to-Equity is ranked better than
70.6% of 830 companies
in the Oil & Gas industry
Industry Median: 0.44 vs DWSN: 0.20

Dawson Geophysical Co Debt-to-Equity Historical Data

The historical data trend for Dawson Geophysical Co'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.

Dawson Geophysical Co Debt-to-Equity Chart

Dawson Geophysical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.11

0.07

0.08

0.10

0.20

Dawson Geophysical Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.10	0.46	0.53	0.16	0.20

Competitive Comparison of Dawson Geophysical Co's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Dawson Geophysical Co'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.

Dawson Geophysical Co's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Dawson Geophysical Co's Debt-to-Equity falls into.

Dawson Geophysical Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dawson Geophysical Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(2.582	+	3.652)	/	31.434
	=	0.20

Dawson Geophysical Co's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(2.582	+	3.652)	/	31.434
	=	0.20

Dawson Geophysical Co (NAS:DWSN) 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.

Dawson Geophysical Co Debt-to-Equity Related Terms

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Dawson Geophysical Co (Dawson Geophysical Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dawson Geophysical Co (NAS:DWSN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RVS1:Germany

Address

508 West Wall, Suite 800, Midland, TX, USA, 79701

Website

https://www.dawson3d.com

Dawson Geophysical Co is a provider of onshore seismic data acquisition services with operations throughout the continental United States and Canada. The company acquires and processes 2 D, 3 D, and multi-component seismic data for clients, ranging from oil and gas companies to independent oil and gas operators for use in the onshore drilling and production of oil and natural gas as well as provides multi-client data libraries. It operates through a single segment being Contract seismic data acquisition and processing services. In addition, the company provides multi-component seismic data surveys which involve the recording of alternative seismic waves. Geographically, it generates maximum revenue from the United States.

Executives

William Anthony Clark	officer: EVP & Chief Business Officer	13927 S. GESSNER RD, MISSOURI CITY TX 77489
Wilks Brothers, Llc	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Bruce Franklin Bradley	director	3815 BRADLEY LANE, CHEVY CHASE MD 20815
Wb Acquisitions Inc.	10 percent owner	17010 INTERSTATE HIGHWAY 20, CISCO TX 76437
Matthew Wilks	director	17010 IH-20, CISCO TX 76437
Staci Wilks	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Farris Wilks	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Dan H. Wilks	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Sergei Krylov	director	6500 WEST FREEWAY, SUITE 800, FORT WORTH TX 76116
C Ray Tobias	officer: EVP, Chief Operating Officer	508 WEST WALL SUITE 800, MIDLAND TX 79701
Stephen C Jumper	director, officer: President and CEO	508 WEST WALL, SUITE 800, MIDLAND TX 79701
James W Thomas	officer: EVP, Chief Technical Officer	508 W WALL, SUITE 800, MIDLAND TX 79701
William J Barrett	director	210 SUNDIAL COURT, VERO BEACH FL 32963
Michael L Klofas	director	64 WINDHAM DRIVE, EAST LONGMEADOW MA 01028
Allen T Mcinnes	director, 10 percent owner, officer: Chairman of the Board & Secy.	4532 7TH STREET, LUBBOCK TX 79416