CSIMarket
 


Independence Contract Drilling inc   (ICD)
Other Ticker:  
 

Independence Contract Drilling Inc 's Total Debt to Equity

ICD's quarterly Total Debt to Equity and Total Debt, Equity growth


In Spite of the debt repayement of -1.25%, in IV Quarter 2023 ,Total Debt to Equity deteriorated to 0.86 reached a new all-time high.

Within Oil Well Services & Equipment industry in the forth quarter 2023, 4 other companies have achieved lower Total Debt to Equity than Independence Contract Drilling Inc in the IV Quarter 2023. While Total Debt to Equity total ranking has deteriorated compared to the third quarter 2023 from 1094 to 1143 .

Explain Debt to Equity Ratio?
What is the structure of ICD´s Total Debt?
How valuable is the ICD´s Equity?


ICD Total Debt to Equity (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change -15.43 % -1.67 % -1.49 % 44.54 % 9.98 %
Y / Y Total Debt Change 6.91 % 12.63 % 25.43 % 33.85 % -0.34 %
Total Debt to Equity MRQ 0.86 0.76 0.74 0.77 0.68
ICD's Total Ranking # 1143 # 1094 # 1766 # 1410 # 1733
Seq. Equity Change -12.05 % -2.97 % -1.35 % 0.45 % 2.26 %
Seq. Total Debt Change -1.25 % 0.36 % -5.3 % 13.91 % 4.03 %



Total Debt to Equity forth quarter 2023 Company Ranking
Within: No.
Oil Well Services & Equipment Industry # 5
Energy Sector # 62
Overall Market # 1143


Total Debt to Equity Statistics
High Average Low
0.86 0.42 0.06
(Dec 31 2023)   (Jun 30 2016)




Financial Statements
Independence Contract Drilling Inc 's Equity $ 182 Millions Visit ICD's Balance sheet
Independence Contract Drilling Inc 's Total Debt $ 156 Millions Visit ICD's Balance sheet
Source of ICD's Sales Visit ICD's Sales by Geography


Cumulative Independence Contract Drilling Inc 's Total Debt to Equity

ICD's Total Debt to Equity for the trailling 12 Months

ICD Total Debt to Equity

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity TTM Growth -15.43 % -1.67 % -1.49 % 44.54 % 9.98 %
Y / Y Total Debt TTM Growth 6.91 % 12.63 % 25.43 % 33.85 % -0.34 %
Total Debt to Equity TTM 0.78 0.74 0.71 0.67 0.68
Total Ranking TTM # 63 # 61 # 115 # 60 # 424
Seq. Equity TTM Growth -12.05 % -2.97 % -1.35 % 0.45 % 2.26 %
Seq. Total Debt TTM Growth -1.25 % 0.36 % -5.3 % 13.91 % 4.03 %


On the trailing twelve months basis Despite of the debt repayement of -1.25% in the trailing twelve months ending in IV Quarter 2023, Total Debt to Equity improved to 0.78, a new company high.
Total Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Oil Well Services & Equipment industry ICD recorded the lowest Total Debt to Equity. While Total Debt to Equity total ranking has deteriorated during the twelve months ending in the IV Quarter 2023, compared to the prior period, from 61 to 63.

Explain Debt to Equity Ratio?
What is the structure of ICD´s Total Debt?
How valuable is the ICD´s Equity?

TTM Total Debt to Equity Company Ranking
Within: No.
Within the Oil Well Services & Equipment Industry # 0
Energy Sector # 1
Within the Market # 63


trailing twelve months Total Debt to Equity Statistics
High Average Low
0.78 0.39 0
(Dec 31 2023)   (Mar 31 2016)




Companies with similar Total Debt to Equity in the quarter ending Dec 31 2023, within Oil Well Services & Equipment Industry Total Debt to EquityDec 31 2023 MRQ Total DebtDec 31 2023 MRQ Equity
Borr Drilling Limited  1.73 $ 1,701.700  Millions$ 984.000  Millions
Independence Contract Drilling inc   0.86 $ 155.775  Millions$ 181.579  Millions
Highpeak Energy Inc   0.74 $ 1,150.299  Millions$ 1,552.721  Millions
Transocean ltd  0.71 $ 7,413.000  Millions$ 10,416.000  Millions
Valaris Limited  0.54 $ 1,079.300  Millions$ 1,997.000  Millions
Seadrill Limited  0.20 $ 608.000  Millions$ 2,983.000  Millions
Helmerich and Payne inc   0.20 $ 545.292  Millions$ 2,759.646  Millions

Date modified: 2024-02-29T16:49:12+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com