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Pioneer Energy Services (FRA:YGO) Liabilities-to-Assets : 0.62 (As of Jun. 2020)


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What is Pioneer Energy Services Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Pioneer Energy Services's Total Liabilities for the quarter that ended in Jun. 2020 was €190.6 Mil. Pioneer Energy Services's Total Assets for the quarter that ended in Jun. 2020 was €305.3 Mil. Therefore, Pioneer Energy Services's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2020 was 0.62.


Pioneer Energy Services Liabilities-to-Assets Historical Data

The historical data trend for Pioneer Energy Services's Liabilities-to-Assets 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.

Pioneer Energy Services Liabilities-to-Assets Chart

Pioneer Energy Services Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.60 0.73 0.78 0.85

Pioneer Energy Services Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Liabilities-to-Assets 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 0.81 0.84 0.85 0.94 0.62

Competitive Comparison of Pioneer Energy Services's Liabilities-to-Assets

For the Oil & Gas Drilling subindustry, Pioneer Energy Services's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Pioneer Energy Services's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pioneer Energy Services's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Pioneer Energy Services's Liabilities-to-Assets falls into.



Pioneer Energy Services Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Pioneer Energy Services's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

Liabilities-to-Assets (A: Dec. 2019 )=Total Liabilities/Total Assets
=512.89/606.559
=0.85

Pioneer Energy Services's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2020 is calculated as

Liabilities-to-Assets (Q: Jun. 2020 )=Total Liabilities/Total Assets
=190.616/305.294
=0.62

* 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.


Pioneer Energy Services  (FRA:YGO) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Pioneer Energy Services Liabilities-to-Assets Related Terms

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Pioneer Energy Services (FRA:YGO) Business Description

Traded in Other Exchanges
N/A
Address
1250 North East Loop 410, Suite 1000, San Antonio, TX, USA, 78209
Pioneer Energy Services Corp is a US-based company provides land-based drilling services and production services to a diverse group of independent and oil and gas exploration and production companies in the United States and internationally in Colombia. It provides coiled tubing and wireline services offshore in the Gulf of Mexico. The company operates through two segments. The Drilling Services segment is further is divided as Domestic Drilling and International Drilling includes drilling rig, crews, supplies, and most of the ancillary equipment needed. The Production Services segment is further is divided as Well Servicing, Wireline Services, and Coiled Tubing Services to producers.

Pioneer Energy Services (FRA:YGO) Headlines

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