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Select Energy Services (Select Energy Services) Debt-to-Equity : 0.17 (As of Mar. 2024)


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What is Select Energy Services Debt-to-Equity?

Select Energy Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $16.44 Mil. Select Energy Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $114.67 Mil. Select Energy Services's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $769.99 Mil. Select Energy Services's debt to equity for the quarter that ended in Mar. 2024 was 0.17.

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

SLESZ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.12   Max: 0.84
Current: 0.17

During the past 9 years, the highest Debt-to-Equity Ratio of Select Energy Services was 0.84. The lowest was 0.07. And the median was 0.12.

SLESZ's Debt-to-Equity is ranked better than
68.77% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs SLESZ: 0.17

Select Energy Services Debt-to-Equity Historical Data

The historical data trend for Select 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.

Select Energy Services Debt-to-Equity Chart

Select Energy Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.10 0.13 0.11 0.11 0.07

Select Energy Services 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 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 0.18 0.16 0.07 0.07 0.17

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

For the Specialty Chemicals subindustry, Select 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.


Select Energy Services's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Select Energy Services's Debt-to-Equity distribution charts can be found below:

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



Select Energy Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Select Energy Services's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Select Energy Services's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Select Energy Services  (OTCPK:SLESZ) 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.


Select Energy Services Debt-to-Equity Related Terms

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


Select Energy Services (Select Energy Services) Business Description

Traded in Other Exchanges
Address
1233 West Loop South, Suite 1400, Houston, TX, USA, 77027
Select Water Solutions Inc provides sustainable water and chemical solutions to the energy industry. These solutions are supported by the company's critical water infrastructure assets, chemical manufacturing, and water treatment and recycling capabilities.