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<< Back to Financial Strength by Company within Oil Well Services & Equipment Industry
Oil Well Services & Equipment Industry Financial Strength Information
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Financial Strength Information & Trends  |
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Industry: Oil Well Services & Equipment ▼
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Category:
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Oil Well Services & Equipment ▼
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Oil Well Services & Equipment Industry |
4 Q |
3 Q |
2 Q |
1 Q |
4 Q |
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2024 |
2024 |
2024 |
2024 |
2023 |
Quick Ratio (TTM) |
0.47 |
0.51 |
0.54 |
0.58 |
0.69 |
Quick Ratio Ranking |
# 33 |
# 30 |
# 28 |
# 26 |
# 21 |
Working Capital Ratio (TTM) |
1.6 |
1.58 |
1.61 |
1.61 |
1.68 |
Working Capital Ratio Ranking |
# 33 |
# 30 |
# 31 |
# 30 |
# 27 |
Working Capital Per Revenue |
0.15 |
0.14 |
0.15 |
0.16 |
0.18 |
Working Capital Per Revenue Ranking |
# 69 |
# 69 |
# 67 |
# 67 |
# 72 |
Leverage Ratio (TTM) |
0.96 |
0.94 |
0.94 |
0.98 |
0.96 |
Leverage Ratio Ranking |
# 13 |
# 12 |
# 13 |
# 17 |
# 8 |
Total Debt to Equity (TTM) |
0.61 |
0.6 |
0.58 |
0.61 |
0.61 |
Total Debt to Equity Ranking |
# 37 |
# 37 |
# 34 |
# 33 |
# 40 |
Interest Coverage (TTM) |
3.72 |
8.44 |
12.48 |
3.42 |
2.77 |
Interest Coverage
Ranking |
# 84 |
# 67 |
# 45 |
# 77 |
# 85 |
Debt Coverage (TTM) |
0.16 |
0.17 |
0.28 |
0.28 |
0.25 |
Debt Coverage Ranking |
# 88 |
# 89 |
# 66 |
# 59 |
# 67 |
Quick Ratio Comment |
On the trailing twelve months basis Despite sequential decrease in Current Liabilities, Quick Ratio detoriated to 0.47 in the 4 Q 2024 below Oil Well Services & Equipment Industry average.
Within Energy sector only one Industry has accomplished higher Quick Ratio. Quick Ratio total ranking fell in contrast to the previous quarter from 30 to 33. |
Note, Numbers include only companies who have reported earnings results. Numbers change as more businesses report financial results. See the full List.
Quick Ratio Statistics as of 4 Q 2024 |
High |
Average |
Low |
4.95 |
0.65 |
0.21 |
1. quarter 2016 |
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3. quarter 2020 |
Quick Ratio Industry Ranking |
Within: |
No. |
Sector |
# 2 |
Overall |
# 33
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Oil Well Services & Equipment Industry Working Capital Ratio Statistics as of 4 Q 2024 |
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Working Capital Ratio Statistics as of 4 Q 2024 |
High |
Average |
Low |
2.46 |
1.9 |
1.53 |
4. quarter 2017 |
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4. quarter 2022 |
Working Capital Ratio Comment |
On the trailing twelve months basis Current Liabilities decreased faster than Industry's Current Assets, this led to improvement in Industry's Working Capital Ratio to 1.6 in the 4 Q 2024, Working Capital Ratio remained below Oil Well Services & Equipment Industry average.
Within Energy sector only one Industry has achieved higher Working Capital Ratio. Working Capital Ratio total ranking has deteriorated relative to the previous quarter from 30 to 33.
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Working Capital Ratio Industry Ranking |
Within: |
No. |
Sector |
# 2 |
Overall |
# 33
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Oil Well Services & Equipment Industry Working Capital Per Revenue
Statistics as of 4 Q 2024 |
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Working Capital Per Revenue Comment |
On the trailing twelve months basis Oil Well Services & Equipment Industry's Working Capital Per Revenue sequentially grew to 0.15 in the 4 Q 2024, below Industry average.
Within Energy sector 4 other industries have achieved lower Working Capital Per Revenue. Total ranking remained the same like in the preceding quarter at no. 69.
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Working Capital Per Revenue Statistics as of 4 Q 2024 |
High |
Average |
Low |
0.44 |
0.25 |
0.06 |
1. quarter 2017 |
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1. quarter 2016 |
Working Capital Per Revenue Industry Ranking |
Within: |
No. |
Sector |
# 5 |
Overall |
# 69
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Oil Well Services & Equipment Industry Leverage Ratio Statistics as of 4 Q 2024 |
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Leverage Ratio Statistics as of 4 Q 2024 |
High |
Average |
Low |
1.36 |
0.95 |
-0.62 |
4. quarter 2020 |
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1. quarter 2016 |
Leverage Ratio Comment |
Due to cumulative net new borrowings of 1.1% in the 4 Q 2024, Liabilities to Equity ratio increased to 0.96, above Oil Well Services & Equipment Industry average.
In the Energy sector only one Industry has achieved lower Leverage Ratio.
Leverage Ratio overall ranking has fallen relative to the prior quarter from 12 to 13.
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Leverage Ratio Industry Ranking |
Within: |
No. |
Sector |
# 2 |
Overall |
# 13
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Oil Well Services & Equipment Industry Total Debt to Equity Ratio Statistics as of 4 Q 2024 |
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Debt to Equity
Ratio Comment |
Due to net new borrowings of 2.21%, Total Debt to Equity detoriated to 0.61 in the 4 Q 2024, above Industry average.
Within Energy sector 3 other industries have achieved lower Debt to Equity Ratio. Total ranking remained the same like in the preceding quarter at no. 37.
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Debt to Equity Ratio Statistics as of 4 Q 2024 |
High |
Average |
Low |
0.7 |
0.24 |
0 |
1. quarter 2023 |
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1. quarter 2019 |
Debt to Equity Industry Ranking |
Within: |
No. |
Sector |
# 4 |
Overall |
# 37
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Oil Well Services & Equipment Industry Interest Coverage Ratio Statistics as of 4 Q 2024 |
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Interest Coverage Ratio Statistics as of 4 Q 2024 |
High |
Average |
Low |
18.82 |
1.46 |
-21.14 |
3. quarter 2014 |
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4. quarter 2020 |
Interest Coverage Ratio Comment |
On the trailing twelve months basis Due to increase in interest expenses in 4 Q 2024, Interest Coverage Ratio fell to 3.72 above Oil Well Services & Equipment Industry average.
In the Energy sector 4 other industries have accomplished higher Interest Coverage Ratio. Interest Coverage overall ranking fell in contrast to the prior period from 67 to 84.
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Interest Coverage Ratio Industry Ranking |
Within: |
No. |
Sector |
# 5 |
Overall |
# 84
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Oil Well Services & Equipment Industry Debt Coverage
Statistics as of 4 Q 2024 |
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Debt Coverage Ratio Comment |
On the trailing twelve months basis Due to increase in total debt in 4 Q 2024, Debt Coverage Ratio fell to 0.16 below Oil Well Services & Equipment Industry average.
Looking into Energy sector 4 other industries have achieved higher debt coverage ratio. Debt Coverage Ratio total ranking has improved to 88, from total ranking in previous quarter at 89.
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Debt Coverage Statistics as of 4 Q 2024 |
High |
Average |
Low |
35.17 |
1.38 |
-18.68 |
2. quarter 2019 |
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1. quarter 2020 |
Debt Coverage Industry Ranking |
Within: |
No. |
Sector |
# 5 |
Overall |
# 88
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Date modified: 2025-03-21T01:01:10+00:00
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