Oil States International (Oil States International) Debt-to-Equity

: 0.23 (As of Dec. 2023)

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Oil States International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.5 Mil. Oil States International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $153.8 Mil. Oil States International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $709.5 Mil. Oil States International's debt to equity for the quarter that ended in Dec. 2023 was 0.23.

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

OIS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.23 Max: 0.3
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Oil States International was 0.30. The lowest was 0.01. And the median was 0.23.

OIS's Debt-to-Equity is ranked better than
67.03% of 831 companies
in the Oil & Gas industry
Industry Median: 0.44 vs OIS: 0.23

Oil States International Debt-to-Equity Historical Data

The historical data trend for Oil States 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.

Oil States International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.24

0.29

0.30

0.26

0.23

Oil States 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																0.26	0.24	0.23	0.23	0.23

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Oil States 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.

Oil States International Debt-to-Equity Distribution

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

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

Oil States International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oil States International'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
	=	(7.507	+	153.848)	/	709.545
	=	0.23

Oil States International'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
	=	(7.507	+	153.848)	/	709.545
	=	0.23

Oil States International (NYSE:OIS) 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.

Oil States International Debt-to-Equity Related Terms

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

Oil States International (Oil States International) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

OI2:Germany OI2:Germany

Address

Three Allen Center, 333 Clay Street, Suite 4620, Houston, TX, USA, 77002

Website

https://www.oilstatesintl.com

Oil States International Inc is a provider of manufactured products and services to the energy, industrial and military sectors. Manufactured products include engineered capital equipment as well as products consumed in the drilling, well construction and production of oil and natural gas. The company sells its products and services to national oil and natural gas companies, oil and natural gas companies, onshore and offshore drilling companies and other oilfield services, defense and industrial companies. The company operates through three business segments, Offshore/Manufactured Products, Well Site Services and Downhole Technologies.

Executives

Philip Scott Moses	officer: Executive VP,Offshore Products	333 CLAY STREET, SUITE 4620, HOUSTON TX 77002
Denise Castillo-rhodes	director	8847 W. SAM HOUSTON PKWY. NORTH, SUITE 200, HOUSTON TX 77040
Christopher E Cragg	officer: Vice President Tubular Service
Christopher T Seaver	director	3300 NORTH SAM HOUSTON PKWY EAST, HOUSTON TX 77032-3411
Cindy B Taylor	officer: SVP and CFO
Brian E. Taylor	officer: VP, Controller & CAO	P.O. BOX 60068, HOUSTON TX 77205-0068
Lias Jeff Steen	officer: Vice President, HR & Legal	333 CLAY STREET, SUITE 4620, HOUSTON TX 77002
Van Kleef William T	director
Hallie A. Vanderhider	director	600 TRAVIS STREET, SUITE 3250, HOUSTON TX 77002
Darrell E Hollek	director	1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
E Joseph Wright	director	550 WEST TEXAS AVENUE, SUITE 1300, MIDLAND TX 79701
Robert L Potter	director
Lawrence R Dickerson	director	15415 KATY FREEWAY STE 100, HOUSTON TX 77094
B.v. Geodynamics	10 percent owner	C/O LIME ROCK MANAGEMENT, 274 RIVERSIDE AVENUE, SUITE 3, WESTPORT CT 06880
Lloyd A Hajdik	officer: Executive VP, CFO & Treasurer	333 CLAY STREET, SUITE 4620, HOUSTON TX 77002