Weatherford International PLC (WFRD)
Debt-to-equity ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,285,000 | 1,345,000 | 1,228,000 | 1,091,000 | 924,000 | 742,000 | 645,000 | 567,000 | 535,000 | 453,000 | 466,000 | 396,000 | 472,000 | 621,000 | 726,000 | 787,000 | 907,000 | 1,087,000 | 1,267,000 | 1,819,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 from March 31, 2020, to December 31, 2024, remained consistently at 0.00. This indicates that the company did not have any debt during this period or that its amount of debt was negligible in relation to its equity. A debt-to-equity ratio of 0.00 suggests that the company primarily financed its operations through equity rather than borrowing, reflecting a low financial risk associated with debt obligations. Investors and creditors may view this ratio positively as it shows the company's ability to maintain a strong financial position and potentially lower financial distress. However, it is essential to consider other financial metrics and factors to obtain a holistic view of Weatherford International PLC's financial health and performance.
Peer comparison
Dec 31, 2024