IPSCO Tubulars (IPSCO Tubulars) Debt-to-Equity : 0.16 (As of Sep. 2017)

View and export this data going back to 2018. Start your Free Trial

What is IPSCO Tubulars Debt-to-Equity?

IPSCO Tubulars's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $9.6 Mil. IPSCO Tubulars's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $71.5 Mil. IPSCO Tubulars's Total Stockholders Equity for the quarter that ended in Sep. 2017 was $506.2 Mil. IPSCO Tubulars's debt to equity for the quarter that ended in Sep. 2017 was 0.16.

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 IPSCO Tubulars's Debt-to-Equity or its related term are showing as below:

IPSC's Debt-to-Equity is not ranked ^*
in the industry.
Industry Median:
* Ranked among companies with meaningful Debt-to-Equity only.

IPSCO Tubulars Debt-to-Equity Historical Data

The historical data trend for IPSCO Tubulars'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.

IPSCO Tubulars Debt-to-Equity Chart

IPSCO Tubulars Annual Data

Trend

Dec15

Dec16

Debt-to-Equity

0.82

2.29

IPSCO Tubulars Quarterly Data
	Dec15	Dec16	Sep17
Debt-to-Equity	0.82	2.29	0.16

Competitive Comparison of IPSCO Tubulars's Debt-to-Equity

For the subindustry, IPSCO Tubulars'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.

IPSCO Tubulars's Debt-to-Equity Distribution in the Industry

For the industry and sector, IPSCO Tubulars's Debt-to-Equity distribution charts can be found below:

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

IPSCO Tubulars Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IPSCO Tubulars's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 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
	=	(143.438	+	274.85)	/	182.456
	=	2.29

IPSCO Tubulars's Debt to Equity Ratio for the quarter that ended in Sep. 2017 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
	=	(9.586	+	71.517)	/	506.232
	=	0.16

IPSCO Tubulars (NYSE:IPSC) 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.

IPSCO Tubulars Debt-to-Equity Related Terms

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

IPSCO Tubulars (IPSCO Tubulars) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » IPSCO Tubulars Inc (NYSE:IPSC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.ipsco.com

IPSCO Tubulars Inc produces and supplies seamless and welded oil country tubular goods (OCTG) with a suite of connections to North American oil and gas exploration and production companies. The company's product portfolio comprises of seamless and welded line, standard and industrial pipes as well as line pipes and mechanical tubing. The firm's products are used in various applications such as machine building, power generation, automobile production, agricultural, commercial construction and automotive industries. Geographically the company receives maximum revenue from the United States.