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Top 5 Companies in the Oil & Gas Equipment & Services Industry With the Highest Debt to Asset Ratio (WFT, TTI, HAL, TDW, PHIIK)

By David Diaz

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 International ranks highest with a a debt to asset ratio of 59.87. Following is Tetra Technologies with a a debt to asset ratio of 52.73. Halliburton ranks third highest with a a debt to asset ratio of 45.84.

Tidewater follows with a a debt to asset ratio of 41.12, and PHI rounds out the top five with a a debt to asset ratio of 38.98.

SmarTrend recommended that its subscribers protect gains by selling shares of PHI on January 20th, 2017 by issuing a Downtrend alert when the shares were trading at $16.11. Since that call, shares of PHI have fallen 26.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest debt to asset ratio weatherford international tetra technologies Halliburton tidewater

Ticker(s): WFT TTI HAL TDW PHIIK PHI