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Vantage Drilling International (Vantage Drilling International) Equity-to-Asset : 0.45 (As of Jun. 2023)


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What is Vantage Drilling International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vantage Drilling International's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $259.6 Mil. Vantage Drilling International's Total Assets for the quarter that ended in Jun. 2023 was $580.6 Mil. Therefore, Vantage Drilling International's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.45.

The historical rank and industry rank for Vantage Drilling International's Equity-to-Asset or its related term are showing as below:

VTDRF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.1   Med: 0.27   Max: 0.6
Current: 0.45

During the past 13 years, the highest Equity to Asset Ratio of Vantage Drilling International was 0.60. The lowest was -0.10. And the median was 0.27.

VTDRF's Equity-to-Asset is ranked worse than
58.33% of 1092 companies
in the Oil & Gas industry
Industry Median: 0.51 vs VTDRF: 0.45

Vantage Drilling International Equity-to-Asset Historical Data

The historical data trend for Vantage Drilling International's Equity-to-Asset 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.

Vantage Drilling International Equity-to-Asset Chart

Vantage Drilling International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 0.60 0.48 0.38 0.45

Vantage Drilling International Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Equity-to-Asset 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 0.39 0.37 0.45 0.43 0.45

Competitive Comparison of Vantage Drilling International's Equity-to-Asset

For the Oil & Gas Drilling subindustry, Vantage Drilling International's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Vantage Drilling International's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vantage Drilling International's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Vantage Drilling International's Equity-to-Asset falls into.



Vantage Drilling International Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Vantage Drilling International's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=260.729/578.561
=0.45

Vantage Drilling International's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=259.647/580.609
=0.45

* 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.


Vantage Drilling International  (OTCPK:VTDRF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Vantage Drilling International Equity-to-Asset Related Terms

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Vantage Drilling International (Vantage Drilling International) Business Description

Traded in Other Exchanges
N/A
Address
c/o Vantage Energy Services, Inc., 777 Post Oak Boulevard, Suite 440, Houston, TX, USA, 77056
Vantage Drilling International is an offshore drilling contractor. It operates and manages a fleet of drilling units. Its principal business is to contract drilling units, related equipment, and work crews on a day rate basis to drill oil and natural gas wells. Its rig fleet consists of ultra-deep-water drillships, including Platinum Explorer and Tungsten Explorer; and Jackups, including Topaz Driller and Soehanah. The company's geographical segments includes Drilling Services and Managed Services. It operates in Cayman Islands, Montenegro, Qatar, India, Indonesia, Lebanon, Congo, and Other Countries.

Vantage Drilling International (Vantage Drilling International) Headlines

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