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Rowan (RDC) Debt-to-Equity : 0.50 (As of Dec. 2018)


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What is Rowan Debt-to-Equity?

Rowan's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $201.2 Mil. Rowan's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $2,309.7 Mil. Rowan's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $5,035.0 Mil. Rowan's debt to equity for the quarter that ended in Dec. 2018 was 0.50.

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

RDC's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Rowan Debt-to-Equity Historical Data

The historical data trend for Rowan'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.

Rowan Debt-to-Equity Chart

Rowan Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.56 0.52 0.47 0.50

Rowan Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.47 0.48 0.48 0.49 0.50

Competitive Comparison of Rowan's Debt-to-Equity

For the Oil & Gas Drilling subindustry, Rowan'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.


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

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

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



Rowan Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rowan's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Rowan's Debt to Equity Ratio for the quarter that ended in Dec. 2018 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.


Rowan  (NYSE:RDC) 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.


Rowan Debt-to-Equity Related Terms

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


Rowan (RDC) Business Description

Traded in Other Exchanges
N/A
Address
2800 Post Oak Boulevard, Suite 5450, Houston, TX, USA, 77056-6189
Rowan Companies has been drilling for oil and gas for 90 years, serving oil and gas companies globally. In 2011 and 2012, the firm entered the deep-water market with four new rig orders. Rowan now operates 29 offshore drilling units, which includes 25 jackup drilling units, and four ultra-deepwater drillships.
Executives
Charles L Szews director 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Stephen M Butz officer: EVP & CFO C/O HERCULES OFFSHORE, INC., 9 GREENWAY PLAZA, SUITE 2200, HOUSTON TX 77046
Alan Quintero officer: SVP - Business Development 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Thomas Peter Burke director, officer: President & CEO 2800 POST OAK BLVD, HOUSTON TX 77056
Thomas R Hix director C/O COOPER CAMERON, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Suzanne P Nimocks director 2800 POST OAK BLVD, SUITE 5450, HOUSTON TX 77056
Dennis S Baldwin officer: Chief Accounting Officer 1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027
John J Quicke director C/O SEQUA CORP, 200 PARK AVENUE, 44TH FL, NEW YORK NY 10166
Tore I Sandvold director C/O SCHLUMBERGER LIMITED, 5999 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
William E Albrecht director 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
Jack B Moore director 5 GREENWAY PLAZA, STE 110, HOUSTON TX 77046
Thierry Pilenko director 10300 TOWN PARK DRIVE, HOUSTON TX 77072
P Dexter Peacock director PO BOX 4544, PO BOX 4544, HOUSTON TX 77210-4544
Melanie Montague Trent officer: EVP, General Counsel & CAO 2800 POST OAK BLVD., SUITE 5450, HOUSTON TX 7056
W Matt Ralls director, officer: Executive Chairman ROWAN COMPANIES, HOUSTON TX 77002