VTDRF (Vantage Drilling International) Debt-to-Equity: 0.69 (As of Dec. 2022)

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VTDRF Vantage Drilling International Ltd VTDRF
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Price $18.50
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What is Vantage Drilling International Debt-to-Equity?

Vantage Drilling International VTDRF 8 Debt-to-Equity is 0.69 as of Dec. 2022. GuruFocus rates VTDRF with a GF Score™ of 8/100. Among 796 Oil & Gas companies, Vantage Drilling International ranks worse than 125628.02% on this metric.

Vantage Drilling International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $1.5 Mil. Vantage Drilling International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $179.4 Mil. Vantage Drilling International's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $260.7 Mil. Vantage Drilling International's debt to equity for the quarter that ended in Dec. 2022 was 0.69.

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 Vantage Drilling International's Debt-to-Equity or its related term are showing as below:

VTDRF's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.465
* Ranked among companies with meaningful Debt-to-Equity only.

Vantage Drilling International  (OTCPK:VTDRF) 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.


Vantage Drilling International Debt-to-Equity Related Terms


Vantage Drilling International Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Vantage Drilling International'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.

Vantage Drilling International Debt-to-Equity Chart

Vantage Drilling International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.14 0.54 0.93 1.32 0.69

Vantage Drilling International Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 -17.14 0.54 0.93 1.32 0.69

VTDRF vs SOC, NBR, NE: Debt-to-Equity Comparison

For the Oil & Gas Drilling subindustry, Vantage Drilling International'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.


Vantage Drilling International Debt-to-Equity vs Oil & Gas Industry

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

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


VTDRF
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Vantage Drilling International Ltd VTDRF
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Vantage Drilling International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vantage Drilling International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Vantage Drilling International's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.69 mean?
Vantage Drilling International (VTDRF) has a Debt-to-Equity of 0.69 as of Dec. 2022. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Vantage Drilling International and its competitors. According to the industry distribution chart, Vantage Drilling International ranks #999999 out of 796 companies in the Oil & Gas industry.
Is Vantage Drilling International's Debt-to-Equity too high?
Vantage Drilling International's current Debt-to-Equity is 0.69. The Oil & Gas industry median Debt-to-Equity is 0.47. Vantage Drilling International's value of 0.69 is 48.4% above this industry median. Based on the distribution chart, Vantage Drilling International ranks #999999 out of 796 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Vantage Drilling International has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Vantage Drilling International's Debt-to-Equity compare to SOC and NBR?
According to the Oil & Gas industry distribution chart, Vantage Drilling International ranks #999999 out of 796 companies for Debt-to-Equity. This places Vantage Drilling International in the lower half of its industry. The industry median Debt-to-Equity is 0.47. Vantage Drilling International's value of 0.69 is 48.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.47, based on 796 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vantage Drilling International's current Debt-to-Equity of 0.69 is 48.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Vantage Drilling International and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vantage Drilling International's current Debt-to-Equity is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vantage Drilling International stock overvalued right now?
Vantage Drilling International (VTDRF) has a current Debt-to-Equity of 0.69. The current Debt-to-Equity is 0.69 and 48.4% above the Oil & Gas industry median of 0.47. Vantage Drilling International's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Vantage Drilling International (VTDRF), the current Debt-to-Equity is 0.69 as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vantage Drilling International Business Description

Industry EnergyOil & Gas
Other Exchanges VDI:Norway
Address 777 Post Oak Boulevard, Suite 440, Houston, TX, USA, 77056
Vantage Drilling International Ltd is an international offshore drilling company engaged in providing contract drilling services and related support services. The company operates through two segments: Drilling Services, which includes activities related to owned rigs, and Managed Services, which involves managing and supporting rigs owned by third parties. It mainly provides offshore drilling services to oil and gas companies in international markets.
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