International Seaways (International Seaways) Debt-to-Equity

: 0.43 (As of Dec. 2023)

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International Seaways's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $138 Mil. International Seaways's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $607 Mil. International Seaways's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,717 Mil. International Seaways's debt to equity for the quarter that ended in Dec. 2023 was 0.43.

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

INSW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.54 Max: 0.96
Current: 0.43

During the past 11 years, the highest Debt-to-Equity Ratio of International Seaways was 0.96. The lowest was 0.37. And the median was 0.54.

INSW's Debt-to-Equity is ranked better than
50.72% of 830 companies
in the Oil & Gas industry
Industry Median: 0.435 vs INSW: 0.43

International Seaways Debt-to-Equity Historical Data

The historical data trend for International Seaways'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.

International Seaways Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.68

0.57

0.96

0.72

0.43

International Seaways 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															0.72	0.62	0.61	0.53	0.43

Competitive Comparison

For the Oil & Gas Midstream subindustry, International Seaways'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.

International Seaways Debt-to-Equity Distribution

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

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

International Seaways Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

International Seaways'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
	=	(137.67	+	606.86)	/	1716.757
	=	0.43

International Seaways'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
	=	(137.67	+	606.86)	/	1716.757
	=	0.43

International Seaways (NYSE:INSW) 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.

International Seaways Debt-to-Equity Related Terms

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

International Seaways (International Seaways) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » International Seaways Inc (NYSE:INSW) » Definitions » Debt-to-Equity

Comparable Companies

GLNG NS HEP VNOM HESM KNTK CEQP DHT STNG PAGP TSX:ENB EPD WMB ET LNG OKE MPLX KMI TSX:TRP CQP

Traded in Other Exchanges

INSW:Mexico IS5:Germany

Address

600 Third Avenue, 39th Floor, New York, NY, USA, 10016

Website

https://www.intlseas.com

International Seaways Inc owns and operates a fleet of oceangoing vessels engaged primarily in the transportation of crude oil and petroleum products. The company's vessel operations are organized into two segments: Crude Tankers and Product Carriers. The fleet consists of ULCC, VLCC, Suezmax, Aframax, and Panamax crude tankers, as well as LR1, LR2, and MR product carriers.

Executives

Jeffrey Pribor	officer: Chief Financial Officer	35 WEST 56TH STREET, NEW YORK NY 10019
Derek G. Solon	officer: VP and Chief Comm. Officer	C/O INTERNATIONAL SEAWAYS, INC., 600 THIRD AVENUE, 39TH FLOOR, NEW YORK NY 10016
Small James D Iii	officer: SVP & Secretary	C/O OVERSEAS SHIPHOLDING GROUP, INC., 1301 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK NY 10019
Lois K Zabrocky	director, officer: President	666 THIRD AVENUE, 5TH FLOOR, NEW YORK NY 10017
Douglas D Wheat	director	C/O HAAS WHEAT & PARTNERS LP, 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Randee E Day	director	217 DEBRA LANE, PALM BEACH FL 33480
David I Greenberg	director	ALTRIA GROUP INC, 120 PARK AVE, NEW YORK NY 10017
William F. Nugent	officer: VP and Head of Shipping Ops.	C/O INTERNATIONAL SEAWAYS, INC., 600 THIRD AVENUE, 39TH FLOOR, NEW YORK NY 10465
Ian T Blackley	director, officer: Senior Vice President & CFO	666 THIRD AVENUE, NEW YORK NY 10017
Stevenson Craig H Jr	director	C/O OMI CORP, ONE STATION PL, STAMFORD CT 06902
Adewale Oshodi	officer: Controller	1301 AVENUE OF THE AMERICAS, 42ND FLOOR, C/O OVERSEAS SHIPHOLDING GROUP, INC., NEW YORK NY 10019
Famatown Finance Ltd	10 percent owner	C/O SEATANKERS MANAGEMENT CO. LTD, P. O. BOX 53562, LIMASSOL G4 CY 3399
C.k. Ltd	10 percent owner	28 ESPLANADE STREET, ST. HELIER Y9 JE4 2QP
Greenwich Holdings Ltd.	10 percent owner	C/O SEATANKERS MANAGEMENT CO. LTD., P.O. BOX 53562, LIMASSOL G4 CY 3399
Alexandra Kate Blankenship	director	33 BENEDICT PLACE, 2ND FLOOR, GREENWICH CT 06830