Nabors Energy Transition (Nabors Energy Transition) Debt-to-Equity : 0.04 (As of Sep. 2023)

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What is Nabors Energy Transition Debt-to-Equity?

Nabors Energy Transition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $4.24 Mil. Nabors Energy Transition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Nabors Energy Transition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $96.04 Mil. Nabors Energy Transition's debt to equity for the quarter that ended in Sep. 2023 was 0.04.

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 Nabors Energy Transition's Debt-to-Equity or its related term are showing as below:

NETC' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.29 Med: 0.01 Max: 0.04
Current: 0.04

During the past 2 years, the highest Debt-to-Equity Ratio of Nabors Energy Transition was 0.04. The lowest was -1.29. And the median was 0.01.

NETC's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs NETC: 0.04

Nabors Energy Transition Debt-to-Equity Historical Data

The historical data trend for Nabors Energy Transition'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.

Nabors Energy Transition Debt-to-Equity Chart

Nabors Energy Transition Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

Nabors Energy Transition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial						-	-	0.01	0.04	0.04

Competitive Comparison of Nabors Energy Transition's Debt-to-Equity

For the Shell Companies subindustry, Nabors Energy Transition'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.

Nabors Energy Transition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Nabors Energy Transition's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nabors Energy Transition's Debt-to-Equity falls into.

Nabors Energy Transition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nabors Energy Transition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0.01	+	0)	/	274.221
	=	0.00

Nabors Energy Transition's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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
	=	(4.238	+	0)	/	96.04
	=	0.04

Nabors Energy Transition (NYSE:NETC) 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.

Nabors Energy Transition Debt-to-Equity Related Terms

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Nabors Energy Transition (Nabors Energy Transition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Nabors Energy Transition Corp (NYSE:NETC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 West Greens Road, Suite 1200, Houston, TX, USA, 77067

Website

https://www.nabors-etcorp.com

Nabors Energy Transition Corp is a blank check company.

Executives

John Yearwood	director	HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Maria S. Dreyfus	director	125 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019
Anthony G Petrello	director, 10 percent owner, officer: President, CEO and Secretary	NABORS CORP SERVICES, 515 W GREENS RD SUITE 1200`, HOUSTON TX 77067
William J Restrepo	officer: Chief Financial Officer	P.O. BOX 60068, HOUSTON TX 77205-0068
Guillermo Sierra	officer: VP, Energy Transition	C/O USD PARTNERS LP, 811 MAIN STREET, SUITE 2800, HOUSTON TX 77002
Jennifer Gill Roberts	director	C/O SEVIN ROSEN FUNDS, 13455 NOEL ROAD, SUITE 1670, DALLAS TX 75240
Calhoun Colleen	director	515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Siggi Meissner	officer: President, Eng. & Tech.	515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Nabors Energy Transition Sponsor Llc	10 percent owner	515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Greens Road Energy Llc	10 percent owner	515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Nabors Lux 2 S.a.r.l.	10 percent owner	8-10 AVENUE DE LA GARE, LUXEMBOURG CITY N4 L-1610