Weatherford International (XSWX:WFT) Debt-to-Equity : 1.74 (As of Mar. 2024)

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What is Weatherford International Debt-to-Equity?

Weatherford International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was CHF132 Mil. Weatherford International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was CHF1,558 Mil. Weatherford International's Total Stockholders Equity for the quarter that ended in Mar. 2024 was CHF969 Mil. Weatherford International's debt to equity for the quarter that ended in Mar. 2024 was 1.74.

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:

XSWX:WFT' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.28 Med: 1.84 Max: 6.6
Current: 1.74

During the past 13 years, the highest Debt-to-Equity Ratio of Weatherford International was 6.60. The lowest was -12.28. And the median was 1.84.

XSWX:WFT's Debt-to-Equity is ranked worse than
87.27% of 833 companies
in the Oil & Gas industry
Industry Median: 0.44 vs XSWX:WFT: 1.74

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 Debt-to-Equity Chart

Weatherford International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.85

3.16

5.54

4.50

2.23

Weatherford International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															4.16	3.40	2.87	2.23	1.74

Competitive Comparison of Weatherford International's Debt-to-Equity

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

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(185.067	+	1596.421)	/	799.075
	=	2.23

Weatherford International's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(131.513	+	1557.716)	/	969.463
	=	1.74

Weatherford International (XSWX:WFT) 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 (XSWX:WFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Weatherford International PLC (XSWX:WFT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WFRD:USA 0WE:Germany

Address

2000 St. James Place, Houston, TX, USA, 77056

Website

https://www.weatherford.com

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.

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