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SBOEY (Schoeller-Bleckmann Oilfield Equipment AG) Debt-to-Equity : 0.57 (As of Jun. 2024)


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What is Schoeller-Bleckmann Oilfield Equipment AG Debt-to-Equity?

Schoeller-Bleckmann Oilfield Equipment AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $65.2 Mil. Schoeller-Bleckmann Oilfield Equipment AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $212.7 Mil. Schoeller-Bleckmann Oilfield Equipment AG's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $492.1 Mil. Schoeller-Bleckmann Oilfield Equipment AG's debt to equity for the quarter that ended in Jun. 2024 was 0.56.

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 Schoeller-Bleckmann Oilfield Equipment AG's Debt-to-Equity or its related term are showing as below:

SBOEY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36   Med: 0.65   Max: 1.09
Current: 0.57

During the past 13 years, the highest Debt-to-Equity Ratio of Schoeller-Bleckmann Oilfield Equipment AG was 1.09. The lowest was 0.36. And the median was 0.65.

SBOEY's Debt-to-Equity is ranked worse than
56.19% of 824 companies
in the Oil & Gas industry
Industry Median: 0.47 vs SBOEY: 0.57

Schoeller-Bleckmann Oilfield Equipment AG Debt-to-Equity Historical Data

The historical data trend for Schoeller-Bleckmann Oilfield Equipment AG'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.

Schoeller-Bleckmann Oilfield Equipment AG Debt-to-Equity Chart

Schoeller-Bleckmann Oilfield Equipment AG 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 0.79 1.09 0.85 0.62 0.59

Schoeller-Bleckmann Oilfield Equipment AG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.59 0.57 0.59 0.56 0.57

Competitive Comparison of Schoeller-Bleckmann Oilfield Equipment AG's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Schoeller-Bleckmann Oilfield Equipment AG'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.

Schoeller-Bleckmann Oilfield Equipment AG's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Schoeller-Bleckmann Oilfield Equipment AG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Schoeller-Bleckmann Oilfield Equipment AG's Debt-to-Equity falls into.


Schoeller-Bleckmann Oilfield Equipment AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Schoeller-Bleckmann Oilfield Equipment AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
=(89.597 + 197.85) / 488.568
=0.59

Schoeller-Bleckmann Oilfield Equipment AG's Debt to Equity Ratio for the quarter that ended in Jun. 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
=(65.237 + 212.694) / 492.124
=0.56

* 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.

Schoeller-Bleckmann Oilfield Equipment AG  (OTCPK:SBOEY) 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.

Schoeller-Bleckmann Oilfield Equipment AG Debt-to-Equity Related Terms

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

Schoeller-Bleckmann Oilfield Equipment AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Schoeller-Bleckmann Oilfield Equipment AG (OTCPK:SBOEY) » Definitions » Debt-to-Equity
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OSL:WEST OSL:SKUE OSL:HAFNI OSL:SOFF OSL:WWI OSL:HAUTO OSL:GEOS OSL:TEL OSL:AASB OSL:HEX SLB HAL BKR MIL:TEN FTI SHSE:601808 NOV WFRD CHX ASX:WOR
Traded in Other Exchanges
0O05:UK SLL:Germany SBO:Austria
Address
Hauptstrasse 2, Ternitz, AUT, 2630
Website
https://www.sbo.at
Schoeller-Bleckmann Oilfield Equipment AG, or SBO, provides high-precision components and supplies, as well as oilfield equipment for the oilfield services industry. The company focuses on non-magnetic drillstring components and high-tech downhole tools for the drilling and completion of directional and horizontal wells. Schoeller-Bleckmann also provides full-scale repair and maintenance services to its client base. Tools under SBO's high-precision segment are placed in a drill string to support drill bit steering based on real-time data gathered during drilling. Oilfield equipment segment products include non-magnetic drillstring components, drilling motors, circulation tools, and well-completion equipment. The company generates revenue from Austria, the USA, and other regions.