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Trinidad Drilling (TSX:TDG) Debt-to-Revenue : 0.71 (As of Sep. 2018)


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What is Trinidad Drilling Debt-to-Revenue?

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

Trinidad Drilling's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was C$0.0 Mil. Trinidad Drilling's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was C$496.1 Mil. Trinidad Drilling's annualized Revenue for the quarter that ended in Sep. 2018 was C$699.2 Mil. Trinidad Drilling's annualized Debt-to-Revenue for the quarter that ended in Sep. 2018 was 0.71.


Trinidad Drilling Debt-to-Revenue Historical Data

The historical data trend for Trinidad Drilling'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.

Trinidad Drilling Debt-to-Revenue Chart

Trinidad Drilling Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.56 1.28 1.67 1.02

Trinidad Drilling Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.92 0.93 0.90 0.92 0.71

Competitive Comparison of Trinidad Drilling's Debt-to-Revenue

For the Oil & Gas Drilling subindustry, Trinidad Drilling'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.


Trinidad Drilling's Debt-to-Revenue Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Trinidad Drilling's Debt-to-Revenue falls into.



Trinidad Drilling Debt-to-Revenue Calculation

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

Trinidad Drilling's Debt-to-Revenue for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 511.674) / 501.615
=1.02

Trinidad Drilling's annualized Debt-to-Revenue for the quarter that ended in Sep. 2018 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 496.099) / 699.168
=0.71

* 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. 2018) Revenue data.


Trinidad Drilling Debt-to-Revenue Related Terms

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Trinidad Drilling (TSX:TDG) Business Description

Traded in Other Exchanges
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Address
Trinidad Drilling Ltd is a Canadian company which is engaged in providing drilling services to the oil and natural gas industry. The company's operating segments are Canadian operations which include land drilling services; US and international operations which include land and barge drilling services located in both the US and international markets, excluding all joint venture operations; Joint venture operations which include all international joint venture operations; and Manufacturing operations include manufacturing work performed in each of the Canadian and US manufacturing divisions. The majority of the company's revenue comes from oilfield services.

Trinidad Drilling (TSX:TDG) Headlines

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