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Relatively Low Debt-to-Capital Ratio Detected in Shares of Helmerich & Payn in the Oil & Gas Drilling Industry (HP, ICD, PTEN, ATW, RDC)

By James Quinn

Below are the three companies in the Oil & Gas Drilling industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.

Helmerich & Payn ranks lowest with a a Debt-to-Capital ratio of 1,058.3%. Independence Con is next with a a Debt-to-Capital ratio of 1,746.0%. Patterson-Uti ranks third lowest with a a Debt-to-Capital ratio of 1,787.4%.

Atwood Oceanics follows with a a Debt-to-Capital ratio of 2,753.4%, and Rowan Companie-A rounds out the bottom five with a a Debt-to-Capital ratio of 3,179.0%.

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

Keywords: lowest debt-to-capital ratio helmerich & payn independence con patterson-uti :atw atwood oceanics rowan companie-a

Ticker(s): HP ICD PTEN RDC