Weatherford International PLC (WFRD)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,285,000 | 924,000 | 535,000 | 472,000 | 907,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,285,000K)
= 0.00
The debt-to-capital ratio for Weatherford International PLC has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not been using debt as a significant source of financing relative to its total capital during these years. A low or zero debt-to-capital ratio can imply a lower financial risk stemming from debt obligations. However, it's important to consider that a very low debt-to-capital ratio may also suggest limited access to debt financing which could potentially restrict the company's growth opportunities. Further analysis of the company's financial structure and strategy would be necessary to fully evaluate the implications of this consistent ratio over time.
Peer comparison
Dec 31, 2024