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Weatherford International (Weatherford International) Debt-to-Equity

: 2.23 (As of Dec. 2023)
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Weatherford International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $214 Mil. Weatherford International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,846 Mil. Weatherford International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $924 Mil. Weatherford International's debt to equity for the quarter that ended in Dec. 2023 was 2.23.

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 Weatherford International's Debt-to-Equity or its related term are showing as below:

WFRD' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.28   Med: 1.98   Max: 5.54
Current: 2.23

During the past 13 years, the highest Debt-to-Equity Ratio of Weatherford International was 5.54. The lowest was -12.28. And the median was 1.98.

WFRD's Debt-to-Equity is ranked worse than
91.11% of 832 companies
in the Oil & Gas industry
Industry Median: 0.44 vs WFRD: 2.23

Weatherford International Debt-to-Equity Historical Data

The historical data trend for Weatherford International'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.

Weatherford International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 3.16 5.54 4.50 2.23

Weatherford International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.50 4.16 3.40 2.87 2.23

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Weatherford International'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.


Weatherford International Debt-to-Equity Distribution

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

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



Weatherford International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Weatherford International'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.


Weatherford International  (NAS:WFRD) 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.


Weatherford International Debt-to-Equity Related Terms

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


Weatherford International (Weatherford International) Business Description

Traded in Other Exchanges
Address
2000 St. James Place, Houston, TX, USA, 77056
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