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Secure Energy Services (TSX:SES) Debt-to-Revenue : 0.04 (As of Mar. 2024)


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What is Secure Energy Services Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Secure Energy Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$24 Mil. Secure Energy Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$395 Mil. Secure Energy Services's annualized Revenue for the quarter that ended in Mar. 2024 was C$11,396 Mil. Secure Energy Services's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.04.


Secure Energy Services Debt-to-Revenue Historical Data

The historical data trend for Secure Energy Services's Debt-to-Revenue 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.

Secure Energy Services Debt-to-Revenue Chart

Secure Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.24 0.35 0.13 0.13

Secure Energy Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 0.14 0.15 0.12 0.12 0.04

Competitive Comparison of Secure Energy Services's Debt-to-Revenue

For the Waste Management subindustry, Secure Energy Services's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Secure Energy Services's Debt-to-Revenue Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Secure Energy Services's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Secure Energy Services's Debt-to-Revenue falls into.



Secure Energy Services Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Secure Energy Services's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(27 + 1075) / 8244
=0.13

Secure Energy Services's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(24 + 395) / 11396
=0.04

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Secure Energy Services Debt-to-Revenue Related Terms

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Secure Energy Services (TSX:SES) Business Description

Traded in Other Exchanges
Address
2300, 225 - 6th Avenue SW, Calgary, AB, CAN, T2P 1N2
Secure Energy Services Inc provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental and Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma. These facilities provide processing, storing, shipping, and marketing of crude oil; the processing of waste; and water treatment and disposal. The Environmental and Fluid Management segment includes a network of landfill disposal facilities; onsite abandonment, remediation, and reclamation management; a suite of comprehensive environmental management solutions. The company's geographical segments are Canada and the United States.
Executives
James Darryl Anderson Senior Officer