Paratus Energy Services (FRA:U6N) Debt-to-Equity : 2.70 (As of Dec. 2024)

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What is Paratus Energy Services Debt-to-Equity?

Paratus Energy Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €0.0 Mil. Paratus Energy Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €661.3 Mil. Paratus Energy Services's Total Stockholders Equity for the quarter that ended in Dec. 2024 was €245.3 Mil. Paratus Energy Services's debt to equity for the quarter that ended in Dec. 2024 was 2.70.

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 Paratus Energy Services's Debt-to-Equity or its related term are showing as below:

FRA:U6N' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.7 Med: 2.78 Max: 3.05
Current: 2.7

During the past 3 years, the highest Debt-to-Equity Ratio of Paratus Energy Services was 3.05. The lowest was 2.70. And the median was 2.78.

FRA:U6N's Debt-to-Equity is ranked worse than
93.92% of 822 companies
in the Oil & Gas industry
Industry Median: 0.45 vs FRA:U6N: 2.70

Paratus Energy Services Debt-to-Equity Historical Data

The historical data trend for Paratus Energy Services'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.

Paratus Energy Services Debt-to-Equity Chart

Paratus Energy Services Annual Data

Trend

Dec22

Dec23

Dec24

Debt-to-Equity

2.78

3.05

2.70

Paratus Energy Services Quarterly Data
	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial			N/A	3.05	1.95	2.39	2.70

Competitive Comparison of Paratus Energy Services's Debt-to-Equity

For the Oil & Gas Drilling subindustry, Paratus Energy Services'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.

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

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

* The bar in red indicates where Paratus Energy Services's Debt-to-Equity falls into.

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Paratus Energy Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Paratus Energy Services's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0	+	661.338)	/	245.34
	=	2.70

Paratus Energy Services's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0	+	661.338)	/	245.34
	=	2.70

Paratus Energy Services (FRA:U6N) 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.

Paratus Energy Services Debt-to-Equity Related Terms

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Paratus Energy Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Paratus Energy Services Ltd (FRA:U6N) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PLSV:Norway

Address

14 Par-La-Ville Road, Par-La-Ville Place, Hamilton, BMU, HM 08

Website

https://www.paratus-energy.com

Paratus Energy Services Ltd is a holding company. Through its subsidiaries, It operates as a drilling contractor that owns and operates five jack-up drilling units located in Mexico. It owns five jack-up rigs: West Intrepid, West Defender, West Courageous, West Oberon, and West Titania. Its other subsidiaries have a business that owns and operates six multipurpose pipelaying service vessels (PLSV) and is an oilfield service company that specializes in drilling and well services.

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