North Atlantic Drilling (FRA:2NAA) Debt-to-Asset : 0.16 (As of Dec. 2017)

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What is North Atlantic Drilling Debt-to-Asset?

North Atlantic Drilling's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was €40.1 Mil. North Atlantic Drilling's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was €323.5 Mil. North Atlantic Drilling's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2017 was €2,214.9 Mil. North Atlantic Drilling's debt to asset for the quarter that ended in Dec. 2017 was 0.16.

North Atlantic Drilling Debt-to-Asset Historical Data

The historical data trend for North Atlantic Drilling's Debt-to-Asset 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.

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North Atlantic Drilling Debt-to-Asset Chart

North Atlantic Drilling Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Debt-to-Asset

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0.66

0.74

0.75

0.78

0.16

North Atlantic Drilling Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Dec17
Debt-to-Asset	Get a 7-Day Free Trial															0.77	0.78	0.80	0.80	0.16

Competitive Comparison of North Atlantic Drilling's Debt-to-Asset

For the Oil & Gas Drilling subindustry, North Atlantic Drilling's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

North Atlantic Drilling's Debt-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, North Atlantic Drilling's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where North Atlantic Drilling's Debt-to-Asset falls into.

North Atlantic Drilling Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

North Atlantic Drilling's Debt-to-Asset for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(40.137	+	323.466)	/	2214.914
	=	0.16

North Atlantic Drilling's Debt-to-Asset for the quarter that ended in Dec. 2017 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(40.137	+	323.466)	/	2214.914
	=	0.16

North Atlantic Drilling (FRA:2NAA) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

North Atlantic Drilling Debt-to-Asset Related Terms

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North Atlantic Drilling (FRA:2NAA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » North Atlantic Drilling Ltd (FRA:2NAA) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.nadlcorp.com

North Atlantic Drilling Ltd is a Bermuda-based offshore drilling contractor which focused on operations in the North Atlantic Region. The company operates offshore drilling rigs in operation offshore Norway and the United Kingdom. It also provides harsh environment drilling services to the oil and gas industry. The company's fleet of offshore drilling units of the company consists of drill ships, semi-submersible rigs, jack-up rigs and tender rigs. It operates its business in Norway, United Kingdom, and Russia and most of the revenue come from Norway.

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