Ensign Energy Services (TSX:ESI) LT-Debt-to-Total-Asset: 0.36 (As of Mar. 2026)

What is Ensign Energy Services LT-Debt-to-Total-Asset?

Ensign Energy Services TSX:ESI +0.61% 77 LT-Debt-to-Total-Asset is 0.36 as of Mar. 2026. GuruFocus rates TSX:ESI with a GF Score™ of 77/100 and a GF Value™ of C$2.38 (Significantly Overvalued). The stock has 3 warning signs investors should review.

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. Ensign Energy Services's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.36.

Ensign Energy Services's long-term debt to total assets ratio increased from Mar. 2025 (0.30) to Mar. 2026 (0.36). It may suggest that Ensign Energy Services is progressively becoming more dependent on debt to grow their business.

Ensign Energy Services (TSX:ESI) 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.

Ensign Energy Services LT-Debt-to-Total-Asset Related Terms

Ensign Energy Services LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Ensign Energy Services'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.

Ensign Energy Services LT-Debt-to-Total-Asset Chart

Ensign Energy Services Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.49

0.18

0.38

0.30

0.36

Ensign Energy Services Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.30	0.30	0.35	0.36	0.36

77GF Score

Ensign Energy Services Inc TSX:ESI

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Ensign Energy Services LT-Debt-to-Total-Asset Calculation

Ensign Energy Services's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	954.083	/	2643.027
	=	0.36

Ensign Energy Services's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	959.882	/	2683.559
	=	0.36

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.36 mean?

Ensign Energy Services (TSX:ESI) has a LT-Debt-to-Total-Asset of 0.36 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Ensign Energy Services and its competitors.

Is Ensign Energy Services' LT-Debt-to-Total-Asset too high?

Ensign Energy Services' current LT-Debt-to-Total-Asset is 0.36. Overall, Ensign Energy Services has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Ensign Energy Services' LT-Debt-to-Total-Asset compare to NE and RIG?

Ensign Energy Services' LT-Debt-to-Total-Asset of 0.36 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 LT-Debt-to-Total-Asset for an Oil & Gas company?

A good LT-Debt-to-Total-Asset depends on the Oil & Gas industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Ensign Energy Services and its competitors. Ensign Energy Services's current LT-Debt-to-Total-Asset is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Ensign Energy Services stock overvalued right now?

Based on GuruFocus' analysis, Ensign Energy Services (TSX:ESI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.38, compared to a current price of C$3.28 — trading 37.8% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.36. Ensign Energy Services' overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Ensign Energy Services (TSX:ESI), the current LT-Debt-to-Total-Asset is 0.36 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 Ensign Energy Services (TSX:ESI) Overvalued in 2026?

Based on GuruFocus' analysis, Ensign Energy Services stock appears to be overvalued. The current stock price of C$3.28 is trading 37.8% above its estimated GF Value™ of C$2.38. GuruFocus considers Ensign Energy Services to be Significantly Overvalued.

Key valuation signals for TSX:ESI:

LT-Debt-to-Total-Asset: 0.36
GF Value™: C$2.38 vs. price of C$3.28 (37.8% above fair value)
GF Score™: 77/100 with 3 warning signs

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

Ensign Energy Services Business Description

Industry Energy Oil & Gas

Comparable Companies TSX:PHX TSX:ACX TSX:AKT.A TSX:WRG TSXV:SDI TSXV:WGT TSX:PD ADX:ADNOCDRILL NE RIG SAU:2382 VAL SHSE:600871 PTEN HP SDRL SAU:2381 OSL:ODL BORR NBR

Other Exchanges ESVIF:USA ENB:Germany

Address 400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6

Website https://www.ensignenergy.com

Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.

77GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$3.28

Price

C$2.38

GF Value

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