OII (Oceaneering International) LT-Debt-to-Total-Asset : 0.31 (As of Dec. 2024)

View and export this data going back to 1975. Start your Free Trial

What is Oceaneering International LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Oceaneering International's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.31.

Oceaneering International's long-term debt to total assets ratio declined from Dec. 2023 (0.34) to Dec. 2024 (0.31). It may suggest that Oceaneering International is progressively becoming less dependent on debt to grow their business.

Oceaneering International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Oceaneering International's LT-Debt-to-Total-Asset 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.

Oceaneering International LT-Debt-to-Total-Asset Chart

Oceaneering International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.47

0.44

0.42

0.34

0.31

Oceaneering International Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.34	0.36	0.34	0.32	0.31

Oceaneering International LT-Debt-to-Total-Asset Calculation

Oceaneering International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	720.334	/	2336.347
	=	0.31

Oceaneering International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	720.334	/	2336.347
	=	0.31

Oceaneering International (NYSE:OII) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Oceaneering International LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Oceaneering International's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Oceaneering International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oceaneering International Inc (NYSE:OII) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0KAN:UK OII:Germany OII:Germany

Address

5875 North Sam Houston Parkway West, Suite 400, Houston, TX, USA, 77086

Website

https://www.oceaneering.com

Oceaneering International Inc is a provider of engineered services and products and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries. A majority of its products are produced for the offshore oil and gas market. The company's business segments are Integrity Management and Digital Solutions, Subsea Robotics, Manufactured Products, Offshore Projects Group, and Aerospace and Defense Technologies. Maximum revenue is generated from its Subsea Robotics segment, which provides remotely operated vehicles (ROVs) for drill support and vessel-based services, underwater surveys, tooling, and other activities. Geographically, the company derives its key revenue from the United States, followed by Africa, Norway, Brazil, and other regions.

Executives

Leonardo P Granato	officer: SVP, IMDS	5875 N. SAM HOUSTON PARKWAY W., SUITE 400, HOUSTON TX 77086
Karen H Beachy	director	PO BOX 1400, RAPID CITY SD 57709
M Kevin Mcevoy	director	C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
Alan R Curtis	officer: SVP and CFO	11911 FM 529, HOUSTON TX 77041
Earl Childress	officer: SVP, Chief Commercial Ofc.	11911 FM 529, HOUSTON TX 77041
Shaun Roedel	officer: SVP, Mfd. Prods.	11911 FM 529, HOUSTON TX 77041
Christopher J Dyer	officer: SVP, OPGroup	5875 N. SAM HOUSTON PARKWAY W., SUITE 400, HOUSTON TX 77086
Deanna L Goodwin	director	11911 FM 529, HOUSTON TX 77041
T Jay Collins	director	C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
Murphy Paul B Jr	director	OCEANEERING INTERNATIONAL, INC., 11911 FM 529, HOUSTON TX 77041
William B Berry	director	C/O WILBROS USA, INC., 4400 POST OAK PARKWAY, STE. 1000, HOUSTON TX 77027
Jennifer Fremont Simons	officer: SVP, CLO and Secretary	5875 N. SAM HOUSTON PKWY. W., SUITE 400, HOUSTON TX 77086
Martin J Mcdonald	officer: SVP, Subsea Robotics	11911 FM 529, HOUSTON TX 77041
Jon Erik Reinhardsen	director	1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027
Steven A Webster	director	500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002