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Select Water Solutions (Select Water Solutions) Debt-to-Equity : 0.17 (As of Mar. 2024)


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What is Select Water Solutions Debt-to-Equity?

Select Water Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $16 Mil. Select Water Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $115 Mil. Select Water Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $770 Mil. Select Water Solutions's debt to equity for the quarter that ended in Mar. 2024 was 0.17.

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 Select Water Solutions's Debt-to-Equity or its related term are showing as below:

WTTR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.12   Max: 0.84
Current: 0.17

During the past 9 years, the highest Debt-to-Equity Ratio of Select Water Solutions was 0.84. The lowest was 0.07. And the median was 0.12.

WTTR's Debt-to-Equity is ranked better than
68.43% of 1397 companies
in the Chemicals industry
Industry Median: 0.35 vs WTTR: 0.17

Select Water Solutions Debt-to-Equity Historical Data

The historical data trend for Select Water Solutions'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.

Select Water Solutions Debt-to-Equity Chart

Select Water Solutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.10 0.13 0.11 0.11 0.07

Select Water Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.16 0.07 0.07 0.17

Competitive Comparison of Select Water Solutions's Debt-to-Equity

For the Specialty Chemicals subindustry, Select Water Solutions'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.


Select Water Solutions's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Select Water Solutions's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Select Water Solutions's Debt-to-Equity falls into.



Select Water Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Select Water Solutions's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Select Water Solutions's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Select Water Solutions  (NYSE:WTTR) 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.


Select Water Solutions Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Select Water Solutions's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Select Water Solutions (Select Water Solutions) Business Description

Traded in Other Exchanges
Address
1233 West Loop South, Suite 1400, Houston, TX, USA, 77027
Select Water Solutions Inc provides sustainable water and chemical solutions to the energy industry. These solutions are supported by the company's critical water infrastructure assets, chemical manufacturing, and water treatment and recycling capabilities.
Executives
Brian Szymanski officer: Chief Accounting Officer & VP 1820 I-35 FRONTAGE ROAD, GAINESVILLE TX 76240
Michael Skarke officer: Exec. VP, Water Solutions 1820 NORTH I-35, P.O. BOX 1715, GAINESVILLE TX 76241
Troy W Thacker director C/O FOX PAINE & CO, 950 TOWER LANE, FOSTER CITY CA 94404
Christina M Ibrahim officer: SVP, GC and CCO 2000 ST. JAMES PLACE, HOUSTON TX 77056
Nick L Swyka officer: CFO & Senior VP 515 POST OAK BLVD., STE. 200, HOUSTON TX 77027
Robin H Fielder director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Christopher Kile George officer: See Remarks 5660 WICKERSHAM LN, HOUSTON TX 77056
Luis M Fernandez-moreno director ASHLAND INC., 8145 BLAZER DRIVE, WILMINGTON DE 19808
Suzanne Colbert officer: Chief Technology Officer 1233 WEST LOOP SOUTH, SUITE 1400, HOUSTON TX 77027
Gayle Burleson director ONE CONCHO CENTER, 600 WEST ILLINOIS AVENUE, MIDLAND TX 79701
Scf-vii(a), L.p. 10 percent owner, other: Member of Group 600 TRAVIS ST., STE. 6600, HOUSTON TX 77002
Scf Partners, Inc. 10 percent owner, other: Member of Group 600 TRAVIS STE 6600, HOUSTON TX 77002
Scf-vii(a), G.p., Limited Partnership 10 percent owner, other: Member of Group 600 TRAVIS, SUITE 6600, HOUSTON TX 77002
Holli C. Ladhani director, officer: President and CEO 2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Mitchell Shauf officer: EVP, Water Services 1820 N. INTERSTATE 35, GAINESVILLE TX 76241

Select Water Solutions (Select Water Solutions) Headlines