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Source Energy Services (TSX:SHLE) Debt-to-Revenue : 0.32 (As of Sep. 2024)


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What is Source Energy Services Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Source Energy Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$171.9 Mil. Source Energy Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$64.5 Mil. Source Energy Services's annualized Revenue for the quarter that ended in Sep. 2024 was C$732.2 Mil. Source Energy Services's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.32.


Source Energy Services Debt-to-Revenue Historical Data

The historical data trend for Source Energy Services's Debt-to-Revenue 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.

Source Energy Services Debt-to-Revenue Chart

Source Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.76 0.69 0.59 0.39

Source Energy Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Revenue 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 0.46 0.36 0.37 0.31 0.32

Competitive Comparison of Source Energy Services's Debt-to-Revenue

For the Oil & Gas Equipment & Services subindustry, Source Energy Services's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Source Energy Services's Debt-to-Revenue Distribution in the Oil & Gas Industry

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

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



Source Energy Services Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Source Energy Services's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(33.834 + 187.951) / 569.748
=0.39

Source Energy Services's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(171.876 + 64.538) / 732.2
=0.32

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2024) Revenue data.


Source Energy Services Debt-to-Revenue Related Terms

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Source Energy Services Business Description

Traded in Other Exchanges
Address
1060 - 7th Street SW, Suite 500, Calgary, AB, CAN, T2R 0C4
Source Energy Services Ltd is a Canada based company engaged in the integrated production and distribution of frac sand as well as the distribution of other bulk oil and gas well completion materials that aren't produced by Source. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin mines and processing facilities, its Western Canadian terminal network and its last mile logistics capabilities. The company also offers storage and logistics services for other bulk oil and gas well completion materials and has developed Sahara, a proprietary wellsite mobile sand storage and handling system. The geographical segments of the group are the US Operations and Canadian Operations.
Executives
Derren James Newell Senior Officer
Catherine Victoria Reynolds Senior Officer
Alan Stewart Hanlon Director
Kenneth Alvin Seitz Director

Source Energy Services Headlines

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