Schoeller-Bleckmann Oilfield Equipment AG (Schoeller-Bleckmann Oilfield Equipment AG) Debt-to-Equity : 0.56 (As of Mar. 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 Mar. 2024 was $93.5 Mil. Schoeller-Bleckmann Oilfield Equipment AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $196.9 Mil. Schoeller-Bleckmann Oilfield Equipment AG's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $515.2 Mil. Schoeller-Bleckmann Oilfield Equipment AG's debt to equity for the quarter that ended in Mar. 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: 0.56

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
56.87% of 830 companies
in the Oil & Gas industry
Industry Median: 0.45 vs SBOEY: 0.56

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.

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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

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0.79

1.09

0.85

0.62

0.59

Schoeller-Bleckmann Oilfield Equipment AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.62	0.59	0.57	0.59	0.56

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 Mar. 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
	=	(93.5	+	196.9)	/	515.152
	=	0.56

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 (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

Comparable Companies

Traded in Other Exchanges

0O05:UK SLL:Germany SLL:Germany SLL:Germany SLL:Germany SBO:Austria

Address

Hauptstrasse 2, Ternitz, AUT, A-2630

Website

https://www.sbo.at

Schoeller-Bleckmann Oilfield Equipment AG, or SBO, provides high-precision components worldwide and supplies 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.

Schoeller-Bleckmann Oilfield Equipment AG (Schoeller-Bleckmann Oilfield Equipment AG) Headlines

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