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HAL (Halliburton Co) Debt-to-Equity : 0.85 (As of Sep. 2024)


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What is Halliburton Co Debt-to-Equity?

Halliburton Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $251 Mil. Halliburton Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $8,444 Mil. Halliburton Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $10,296 Mil. Halliburton Co's debt to equity for the quarter that ended in Sep. 2024 was 0.84.

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 Halliburton Co's Debt-to-Equity or its related term are showing as below:

HAL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48   Med: 1.19   Max: 2.18
Current: 0.85

During the past 13 years, the highest Debt-to-Equity Ratio of Halliburton Co was 2.18. The lowest was 0.48. And the median was 1.19.

HAL's Debt-to-Equity is ranked worse than
69.9% of 824 companies
in the Oil & Gas industry
Industry Median: 0.47 vs HAL: 0.85

Halliburton Co Debt-to-Equity Historical Data

The historical data trend for Halliburton Co'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.

Halliburton Co Debt-to-Equity Chart

Halliburton Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 2.18 1.52 1.13 0.94

Halliburton Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.94 0.91 0.87 0.85

Competitive Comparison of Halliburton Co's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Halliburton Co'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.


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

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

* The bar in red indicates where Halliburton Co's Debt-to-Equity falls into.



Halliburton Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Halliburton Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Halliburton Co's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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.


Halliburton Co  (NYSE:HAL) 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.


Halliburton Co Debt-to-Equity Related Terms

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


Halliburton Co Business Description

Address
3000 North Sam Houston Parkway East, Houston, TX, USA, 77032
Halliburton is one of the three largest oilfield service firms in the world, offering superior expertise in a number of business lines, including completion fluids, wireline services, cementing, and countless others. It's the largest pressure pumper in North America, and has been a leading innovator in hydraulic fracturing over the past two decades.
Executives
Van H. Beckwith officer: EVP, Secretary and CLO 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Charles Jr. Geer officer: VP and Corporate Controller 3000 N. SAM HOUSTON PARKWAY EAST, PLAZA 2-6211, HOUSTON TX 77032
Jill D. Sharp officer: SVP Internal Assurance Svcs. 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Jeffrey Shannon Slocum officer: President - Eastern Hemisphere 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Myrtle L Jones officer: Senior Vice Pres - Tax 3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Margaret Katherine Banks director 125 SPENCE STREET, SUITE 500, ZACHRY ENGINEERING EDUCATION COMPLEX, COLLEGE STATION TX 77843
Timothy Mckeon officer: Vice Pres and Treasurer 3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Jeffrey Allen Miller officer: Exec VP & COO 3000 N. SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Eric Carre officer: EVP, Global Business Lines 3000 N. SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Maurice S Smith director 353 N. CLARK STREET, SUITE 3300, CHICAGO IL 60654
Janet L Weiss director 3000 N SAM HOUSTON PKWY E, HOUSTON TX 77032
Lawrence J Pope officer: Vice Pres, HR and Admin 3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Joe D Rainey officer: Pres., Eastern Hemisphere EMIRATES TOWER, 13TH FLOOR, SHEIKH ZAYED ROAD, DUBAI C0 00000
Lance Loeffler officer: Chief Financial Officer 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Mark Richard officer: President - Western Hemisphere 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032