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Highest Debt to Asset Ratio in the Oil & Gas Drilling Industry Detected in Shares of Seadrill Ltd (SDRL, NBR, NE, RIG, ESV)

By James Quinn

Below are the three companies in the Oil & Gas Drilling industry with the highest debt to asset ratios. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater than one, most of the company's assets are financed through debt.

Seadrill Ltd ranks highest with a a debt to asset ratio of 63.43. Nabors Inds Ltd is next with a a debt to asset ratio of 47.94. Noble Corp Plc ranks third highest with a a debt to asset ratio of 37.48.

Transocean Ltd follows with a a debt to asset ratio of 33.00, and Ensco Plc-Cl A rounds out the top five with a a debt to asset ratio of 32.48.

SmarTrend is monitoring the recent change of momentum in Seadrill Ltd. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Seadrill Ltd in search of a potential trend change.

Keywords: highest debt to asset ratio seadrill ltd nabors inds ltd noble corp plc transocean ltd ensco plc-cl a

Ticker(s): SDRL NBR NE RIG ESV