Eurasia Drilling Co (LSE:EDCL) Debt-to-Equity : 0.87 (As of Jun. 2015)

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What is Eurasia Drilling Co Debt-to-Equity?

Eurasia Drilling Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $323 Mil. Eurasia Drilling Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $803 Mil. Eurasia Drilling Co's Total Stockholders Equity for the quarter that ended in Jun. 2015 was $1,297 Mil. Eurasia Drilling Co's debt to equity for the quarter that ended in Jun. 2015 was 0.87.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Eurasia Drilling Co's Debt-to-Equity or its related term are showing as below:

LSE:EDCL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: 0.87

LSE:EDCL's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.44 vs LSE:EDCL: 0.87

Eurasia Drilling Co Debt-to-Equity Historical Data

The historical data trend for Eurasia Drilling Co's Debt-to-Equity 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.

Eurasia Drilling Co Debt-to-Equity Chart

Eurasia Drilling Co Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Debt-to-Equity

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0.34

0.58

0.42

0.61

0.94

Eurasia Drilling Co Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Debt-to-Equity	Get a 7-Day Free Trial								0.70	0.61	0.59	0.94	0.87

Competitive Comparison of Eurasia Drilling Co's Debt-to-Equity

For the Oil & Gas Drilling subindustry, Eurasia Drilling Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Eurasia Drilling Co's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Eurasia Drilling Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Eurasia Drilling Co's Debt-to-Equity falls into.

Eurasia Drilling Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eurasia Drilling Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(126.451	+	992.952)	/	1186.325
	=	0.94

Eurasia Drilling Co's Debt to Equity Ratio for the quarter that ended in Jun. 2015 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(322.611	+	802.606)	/	1296.709
	=	0.87

Eurasia Drilling Co (LSE:EDCL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Eurasia Drilling Co Debt-to-Equity Related Terms

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Eurasia Drilling Co (LSE:EDCL) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.eurasiadrilling.com

Eurasia Drilling Co Ltd was incorporated on November 25, 2002 under the Law of the Cayman Islands. The Company is engaged in providing exploratory and developmental drilling and oil and gas field services to companies operating within the Russian Federation, Kazakhstan, Iraq and the Caspian Sea region. The Company operates in two operating and geographical segments: onshore drilling conducted in the CIS and off-shore drilling conducted in the Caspian Sea.

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