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Nabors Energy Transition II (Nabors Energy Transition II) Debt-to-Equity : 0.01 (As of Dec. 2023)


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What is Nabors Energy Transition II Debt-to-Equity?

Nabors Energy Transition II's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Nabors Energy Transition II's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.05 Mil. Nabors Energy Transition II's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $303.77 Mil. Nabors Energy Transition II's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 II's Debt-to-Equity or its related term are showing as below:

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

During the past 1 years, the highest Debt-to-Equity Ratio of Nabors Energy Transition II was 0.01. The lowest was 0.01. And the median was 0.01.

NETD's Debt-to-Equity is ranked better than
99.67% of 302 companies
in the Diversified Financial Services industry
Industry Median: 0.12 vs NETD: 0.01

Nabors Energy Transition II Debt-to-Equity Historical Data

The historical data trend for Nabors Energy Transition II'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 II Debt-to-Equity Chart

Nabors Energy Transition II Annual Data
Trend Dec23
Debt-to-Equity
0.01

Nabors Energy Transition II Quarterly Data
Apr23 Sep23 Dec23
Debt-to-Equity - 0.01 0.01

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

For the Shell Companies subindustry, Nabors Energy Transition II'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 II's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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


Nabors Energy Transition II Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nabors Energy Transition II's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
=(0 + 3.05) / 303.767
=0.01

Nabors Energy Transition II's Debt to Equity Ratio for the quarter that ended in Dec. 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
=(0 + 3.05) / 303.767
=0.01

* 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.

Nabors Energy Transition II  (NAS:NETD) 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 II Debt-to-Equity Related Terms

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Nabors Energy Transition II (Nabors Energy Transition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Nabors Energy Transition Corp II (NAS:NETD) » Definitions » Debt-to-Equity
Comparable Companies
CXAC NFNT APGB SLAM KCGI CCVI CNDA EMLD RRAC TRTL PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
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 II is a blank check company.
Executives
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
Calhoun Colleen director 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
Nabors Energy Transition Sponsor Ii Llc 10 percent owner 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Greens Road Energy Ii Llc 10 percent owner 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Stephen M. Trauber director 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067