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Archrock (Archrock) Debt-to-Equity : 1.83 (As of Dec. 2023)


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What is Archrock Debt-to-Equity?

Archrock's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Archrock's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,597.1 Mil. Archrock's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $871.0 Mil. Archrock's debt to equity for the quarter that ended in Dec. 2023 was 1.83.

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

AROC' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.19   Med: 1.82   Max: 2.15
Current: 1.83

During the past 13 years, the highest Debt-to-Equity Ratio of Archrock was 2.15. The lowest was 1.19. And the median was 1.82.

AROC's Debt-to-Equity is ranked worse than
87.95% of 830 companies
in the Oil & Gas industry
Industry Median: 0.435 vs AROC: 1.83

Archrock Debt-to-Equity Historical Data

The historical data trend for Archrock'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.

Archrock Debt-to-Equity Chart

Archrock Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 1.82 1.74 1.82 1.83

Archrock 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 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 1.82 1.83 1.93 1.88 1.83

Competitive Comparison of Archrock's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Archrock'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.


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

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

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



Archrock Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Archrock'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.


Archrock  (NYSE:AROC) 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.


Archrock Debt-to-Equity Related Terms

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


Archrock (Archrock) Business Description

Traded in Other Exchanges
Address
9807 Katy Freeway, Suite 100, Houston, TX, USA, 77024
Archrock Inc is an energy infrastructure company with focus on midstream natural gas compression and a commitment to helping customers produce, compress and transport natural gas. It has two business segments, Contract Operations, and Aftermarket Services. Under the umbrella of contract operations services, the company provides operations to meet customers' natural gas compression needs. Services include designing, owning, installing, operating, and maintaining equipment. Aftermarket Services business provides a full range of services to support the compression needs of customers that own compression equipment, including operations, maintenance, overhaul and reconfiguration services and sales of parts and components. It generates maximum revenue from the Contract Operations segment.
Executives
Donna A Henderson officer: VP, Chief Accounting Officer 1700 PACIFIC AVENUE, SUITE 2900, DALLAS TX 75201
Jdh Capital Holdings, L.p. 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Eric W Thode officer: Vice President 9807 KATY FREEWAY, SUITE 100, HOUSTON TX 77024
Hildebrand Enterprises Co 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Hildebrand Enterprises, Lp 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Jdh Capital Co 10 percent owner C/O HILCORP ENERGY COMPANY, 1111 TRAVIS, HOUSTON TX 77002
Jeffery D Hildebrand 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Melinda B Hildebrand 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Leonard Wayne Mallett director P.O. BOX 2521, HOUSTON TX 77252-2521
Jason C Rebrook director C/O JDH CAPITAL COMPANY, 1111 TRAVIS STREET, HOUSTON TX 77002
Doug S Aron officer: Sr Vice President and CFO 10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024-3411
Gordon T Hall director 3300 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032-3411
D Bradley Childers officer: Sr Vice President DC/O UNIVERSAL COPRESSION HOLDINGS INC, 4440 BRITTMOORE ROAD, HOUSTON TX 77041
Jason Ingersoll officer: Vice President 16666 NORTHCHASE DRIVE, HOUSTON TX 77060
Sean K Clawges officer: Vice President 9807 KATY FREEWAY, SUITE 100, HOUSTON TX 77024

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