Helmerich & Payne (Helmerich & Payne) Debt-to-Equity

Helmerich & Payne Annual Data
	Trend	Sep14	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20	Sep21	Sep22	Sep23
Debt-to-Equity							0.12	0.16	0.37	0.21	0.22

Helmerich & Payne 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																0.20	0.20	0.20	0.22	0.20

For the Oil & Gas Drilling subindustry, Helmerich & Payne'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.

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

* The bar in red indicates where Helmerich & Payne's Debt-to-Equity falls into.

Helmerich & Payne Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Helmerich & Payne's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Helmerich & Payne's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.

Helmerich & Payne  (NYSE:HP) 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.

Helmerich & Payne Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Helmerich & Payne's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Helmerich & Payne (Helmerich & Payne) Business Description