North Atlantic Drilling (FRA:2NAA) Debt-to-Equity : 5.00 (As of Dec. 2017)

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What is North Atlantic Drilling Debt-to-Equity?

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 Total Stockholders Equity for the quarter that ended in Dec. 2017 was €72.7 Mil. North Atlantic Drilling's debt to equity for the quarter that ended in Dec. 2017 was 5.00.

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 North Atlantic Drilling's Debt-to-Equity or its related term are showing as below:

FRA:2NAA' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.85 Med: 5 Max: 6
Current: 5

During the past 7 years, the highest Debt-to-Equity Ratio of North Atlantic Drilling was 6.00. The lowest was 2.85. And the median was 5.00.

FRA:2NAA's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.45 vs FRA:2NAA: 5.00

North Atlantic Drilling Debt-to-Equity Historical Data

The historical data trend for North Atlantic Drilling'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.

North Atlantic Drilling Debt-to-Equity Chart

North Atlantic Drilling Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Debt-to-Equity

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2.85

6.00

5.66

5.91

5.00

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-Equity	Get a 7-Day Free Trial															5.99	5.91	6.78	8.11	5.00

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

For the Oil & Gas Drilling subindustry, North Atlantic Drilling'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.

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

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

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

North Atlantic Drilling Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

North Atlantic Drilling's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 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
	=	(40.137	+	323.466)	/	72.67
	=	5.00

North Atlantic Drilling's Debt to Equity Ratio for the quarter that ended in Dec. 2017 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
	=	(40.137	+	323.466)	/	72.67
	=	5.00

North Atlantic Drilling (FRA:2NAA) 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.

North Atlantic Drilling Debt-to-Equity Related Terms

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North Atlantic Drilling (FRA:2NAA) Business Description

Industry

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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.

North Atlantic Drilling (FRA:2NAA) Headlines

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