Akita Drilling (FRA:774) Long-Term Debt: €21.9 Mil (As of Mar. 2026)

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FRA:774 Akita Drilling Ltd FRA:774
59 GF Score
Price €2.12
GF Value €1.10
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Akita Drilling Long-Term Debt?

Akita Drilling FRA:774 59 Long-Term Debt is €21.9 Mil as of Mar. 2026. GuruFocus rates FRA:774 with a GF Score™ of 59/100 and a GF Value™ of €1.10 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Akita Drilling's Long-Term Debt for the quarter that ended in Mar. 2026 was €21.9 Mil.

Akita Drilling's quarterly Long-Term Debt declined from Sep. 2025 (€24.4 Mil) to Dec. 2025 (€21.5 Mil) but then increased from Dec. 2025 (€21.5 Mil) to Mar. 2026 (€21.9 Mil).

Akita Drilling's annual Long-Term Debt declined from Dec. 2023 (€47.5 Mil) to Dec. 2024 (€33.2 Mil) and declined from Dec. 2024 (€33.2 Mil) to Dec. 2025 (€21.5 Mil).

Akita Drilling  (FRA:774) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Akita Drilling Long-Term Debt Related Terms

Akita Drilling Long-Term Debt Historical Data

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The historical data trend for Akita Drilling's Long-Term Debt 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.

Akita Drilling Long-Term Debt Chart

Akita Drilling Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.38 64.98 47.53 33.24 21.50

Akita Drilling Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Long-Term Debt 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 32.01 25.23 24.43 21.50 21.92
FRA:774
59GF Score
Akita Drilling Ltd FRA:774
Long-Term Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of €21.9 Mil mean?
Akita Drilling (FRA:774) has a Long-Term Debt of €21.9 Mil as of Mar. 2026.
Is Akita Drilling's Long-Term Debt too high?
Akita Drilling's current Long-Term Debt is €21.9 Mil. Overall, Akita Drilling has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Akita Drilling's Long-Term Debt compare to NE and RIG?
Akita Drilling's Long-Term Debt of €21.9 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Debt for an Oil & Gas company?
A good Long-Term Debt depends on the Oil & Gas industry context. However, Long-Term Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Akita Drilling's current Long-Term Debt is €21.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akita Drilling stock overvalued right now?
Based on GuruFocus' analysis, Akita Drilling (FRA:774) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.10, compared to a current price of €2.12 — trading 92.7% above its estimated fair value. The current Long-Term Debt is €21.9 Mil. Akita Drilling's overall GF Score™ is 59/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Akita Drilling (FRA:774), the current Long-Term Debt is €21.9 Mil as of Mar. 2026. 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.

Is Akita Drilling (FRA:774) Overvalued in 2026?

Based on GuruFocus' analysis, Akita Drilling stock appears to be overvalued. The current stock price of €2.12 is trading 92.7% above its estimated GF Value™ of €1.10. GuruFocus considers Akita Drilling to be Significantly Overvalued.

Key valuation signals for FRA:774:

  • Long-Term Debt: €21.9 Mil
  • GF Value™: €1.10 vs. price of €2.12 (92.7% above fair value)
  • GF Score™: 59/100 with 2 warning signs

No single metric tells the full story. See the FRA:774 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Akita Drilling Business Description

Industry EnergyOil & Gas
Address 333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1
Akita Drilling Ltd is a Canadian oil and gas drilling contractor. It provides contract drilling services to the oil and gas industry. The company has two operating segments, Canada and the United States, providing contract drilling services to the oil and gas industry and from time to time, other forms of drilling related to potash mining and the development of storage caverns. The majority of the company's revenue is derived from the United States segment.
59GF Score

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Long-Term Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.12
Price
€1.10
GF Value