Weatherford International PLC (WFRD)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,285,000K
= 0.00
The debt-to-equity ratio for Weatherford International PLC has consistently been 0.00 over the past five years, from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations during this period, relying solely on equity to fund its activities. While a low or zero debt-to-equity ratio can imply a lower financial risk for the company, it may also suggest missed opportunities for leveraging debt to potentially enhance returns for shareholders. It would be important to analyze the company's overall financial strategy and future plans to determine the rationale behind maintaining such a conservative capital structure.
Peer comparison
Dec 31, 2024