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Shares of Weatherford Inte Rank the Highest in Terms of Debt to Asset Ratio in the Oil & Gas Equipment & Services Industry (WFT, TTI, PHIIK, HAL, BRS)

By James Quinn

Below are the three companies in the Oil & Gas Equipment & Services 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.

Weatherford Inte ranks highest with a a debt to asset ratio of 78.89. Following is Tetra Technologi with a a debt to asset ratio of 48.13. Phi Inc-Nv ranks third highest with a a debt to asset ratio of 43.94.

Halliburton Co follows with a a debt to asset ratio of 43.62, and Bristow Group In rounds out the top five with a a debt to asset ratio of 41.17.

SmarTrend recommended that subscribers consider buying shares of Weatherford Inte on April 24th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $2.84. Since that recommendation, shares of Weatherford Inte have risen 22.9%. We continue to monitor Weatherford Inte for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio weatherford inte tetra technologi phi inc-nv halliburton co bristow group in

Ticker(s): WFT TTI PHIIK HAL BRS