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Nabors Industries ltd  (NBR)
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Nabors Industries Ltd's Leverage Ratio

NBR's quarterly Leverage Ratio and Total Liabilities, Equity growth


Due to net new borrowings of 13.34%, Leverage Ratio fell to 8.74, a new company high.

Within Oil Well Services & Equipment industry in the forth quarter 2023 only one company has achieved lower Leverage Ratio than Nabors Industries Ltd during the forth quarter 2023. While Leverage Ratio total ranking has deteriorated compared to the third quarter 2023 from 411 to 455 .

Explain Leverage Ratio?
Who are NBR Customers?
What are NBR´s Total Liabilities?


NBR Leverage Ratio (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 0.97 % -8.05 % -1.52 % -14.45 % -25.34 %
Y / Y Total Liabilities Change 12.95 % 0.15 % -7.82 % -1.28 % -12.66 %
Leverage Ratio MRQ 8.74 7.62 6.54 7.07 7.81
NBR's Total Ranking # 455 # 411 # 3107 # 3085 # 422
Seq. Equity Change -1.12 % -7.35 % 1.6 % 8.49 % -9.96 %
Seq. Total Liabilities Change 13.34 % 7.93 % -5.97 % -1.8 % 0.5 %



Leverage Ratio forth quarter 2023 Company Ranking
Within: No.
Oil Well Services & Equipment Industry # 2
Energy Sector # 9
Overall Market # 455


Leverage Ratio Statistics
High Average Low
8.74 2.19 0.75
(Dec 31 2023)   (March 31, 2006)




Financial Statements
Nabors Industries Ltd's Equity $ 542 Millions Visit NBR's Balance sheet
Nabors Industries Ltd's Total Liabilities $ 4,736 Millions Visit NBR's Balance sheet
Source of NBR's Sales Visit NBR's Sales by Geography


Cumulative Nabors Industries Ltd's Leverage Ratio

NBR's Leverage Ratio for the trailling 12 Months

NBR Leverage Ratio

(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 0.97 % -8.05 % -1.52 % -14.45 % -25.34 %
Y / Y Total Liabilities TTM Growth 12.95 % 0.15 % -7.82 % -1.28 % -12.66 %
Leverage Ratio TTM 7.47 7.24 7.09 7.2 6.93
Total Ranking TTM # 2309 # 3504 # 3634 # 3750 # 4265
Seq. Equity TTM Growth -1.12 % -7.35 % 1.6 % 8.49 % -9.96 %
Seq. Total Liabilities TTM Growth 13.34 % 7.93 % -5.97 % -1.8 % 0.5 %


On the trailing twelve months basis Due to the net new borrowings of 13.34% during the trailing twelve months finishing in the IV Quarter 2023, cumulativeLeverage Ratio improved to 7.47, a new company high.
Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Oil Well Services & Equipment industry NBR recorded the lowest Leverage Ratio. While Leverage Ratio total ranking has deteriorated during the twelve months ending in the IV Quarter 2023, compared to the prior period, from 51 to 445.

Explain Leverage Ratio?
Who are NBR Customers?
What are NBR´s Total Liabilities?

TTM Leverage Ratio Company Ranking
Within: No.
Within the Oil Well Services & Equipment Industry # 0
Energy Sector # 2
Within the Market # 455


trailing twelve months Leverage Ratio Statistics
High Average Low
7.47 2.14 0.87
(Dec 31 2023)   (March 31, 2006)




Companies with similar Leverage Ratio in the quarter ending Dec 31 2023, within Oil Well Services & Equipment Industry Leverage RatioDec 31 2023 MRQ Total LiabilitiesDec 31 2023 MRQ Equity
Team Inc   11.41 $ 520.148  Millions$ 45.596  Millions
Nabors Industries ltd  8.74 $ 4,735.955  Millions$ 542.010  Millions
Borr Drilling Limited  2.02 $ 1,985.000  Millions$ 984.000  Millions

Date modified: 2024-02-12T21:34:41+00:00



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