Savanna Energy Services (TSX:SVY) Debt-to-Equity : 0.61 (As of Mar. 2017)

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What is Savanna Energy Services Debt-to-Equity?

Savanna Energy Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was C$219.1 Mil. Savanna Energy Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was C$57.4 Mil. Savanna Energy Services's Total Stockholders Equity for the quarter that ended in Mar. 2017 was C$451.5 Mil. Savanna Energy Services's debt to equity for the quarter that ended in Mar. 2017 was 0.61.

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

TSX:SVY's Debt-to-Equity is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.45
* Ranked among companies with meaningful Debt-to-Equity only.

Savanna Energy Services Debt-to-Equity Historical Data

The historical data trend for Savanna 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.

Savanna Energy Services Debt-to-Equity Chart

Savanna Energy Services Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Debt-to-Equity

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0.28

0.55

0.57

0.53

Savanna Energy Services Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Debt-to-Equity	Get a 7-Day Free Trial															0.57	0.58	0.56	0.53	0.61

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

For the Oil & Gas Drilling subindustry, Savanna 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.

Savanna Energy Services's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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

Savanna Energy Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Savanna Energy Services's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 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
	=	(9.157	+	238.711)	/	469.195
	=	0.53

Savanna Energy Services's Debt to Equity Ratio for the quarter that ended in Mar. 2017 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
	=	(219.088	+	57.415)	/	451.521
	=	0.61

Savanna Energy Services (TSX:SVY) 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.

Savanna Energy Services Debt-to-Equity Related Terms

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

Savanna Energy Services (TSX:SVY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Savanna Energy Services Corp (TSX:SVY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.savannaenergy.com

Savanna Energy Services Corp was incorporated under the Alberta Business Corporations Act on March 22, 2001. It is a drilling, well servicing and oilfield rentals company with operations in Canada, the United States and Australia. It provides a variety of services in the oil and natural gas industry. The corporate segment provides management and administrative services to all of the Company's subsidiaries and their respective operations. The services segment provides well servicing services and rental equipment to the oil and gas industry. The drilling segment provides contract drilling services to the oil and gas industry. The Company's overall business is conducted through two divisions: contract drilling and oilfield services. The Company's equipment fleet is among the newest and technically in the industry and its commitment to talent and technology has enabled the Company to build a presence within the oilfield services sector. It has also expanded its customer base to international markets, diversifying geographically into growing and emerging markets. The Company operates through a number of wholly-owned subsidiaries and several partnerships with Aboriginal communities that are partially owned by the Company.

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