Patterson-UTI Energy Inc (PTEN)
8.68
+0.32
(+3.83%)
USD |
NASDAQ |
Nov 22, 16:00
8.70
+0.02
(+0.23%)
Pre-Market: 20:00
Patterson-UTI Energy Debt to Equity Ratio: 0.345 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.345 |
| June 30, 2024 | 0.2678 |
| March 31, 2024 | 0.2601 |
| December 31, 2023 | 0.2571 |
| September 30, 2023 | 0.2557 |
| June 30, 2023 | 0.4781 |
| March 31, 2023 | 0.4915 |
| December 31, 2022 | 0.4989 |
| September 30, 2022 | 0.5219 |
| June 30, 2022 | 0.5569 |
| March 31, 2022 | 0.5407 |
| December 31, 2021 | 0.5296 |
| September 30, 2021 | 0.5228 |
| June 30, 2021 | 0.4989 |
| March 31, 2021 | 0.4716 |
| December 31, 2020 | 0.4472 |
| September 30, 2020 | 0.4564 |
| June 30, 2020 | 0.4339 |
| March 31, 2020 | 0.4064 |
| December 31, 2019 | 0.3411 |
| September 30, 2019 | 0.3296 |
| June 30, 2019 | 0.3415 |
| March 31, 2019 | 0.3289 |
| December 31, 2018 | 0.3193 |
| September 30, 2018 | 0.298 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.2884 |
| March 31, 2018 | 0.2844 |
| December 31, 2017 | 0.2176 |
| September 30, 2017 | 0.2067 |
| June 30, 2017 | 0.1972 |
| March 31, 2017 | 0.2249 |
| December 31, 2016 | 0.2661 |
| September 30, 2016 | 0.2639 |
| June 30, 2016 | 0.3443 |
| March 31, 2016 | 0.338 |
| December 31, 2015 | 0.3323 |
| September 30, 2015 | 0.3288 |
| June 30, 2015 | 0.3042 |
| March 31, 2015 | 0.3036 |
| December 31, 2014 | 0.3391 |
| September 30, 2014 | 0.2396 |
| June 30, 2014 | 0.2414 |
| March 31, 2014 | 0.2473 |
| December 31, 2013 | 0.2513 |
| September 30, 2013 | 0.2533 |
| June 30, 2013 | 0.255 |
| March 31, 2013 | 0.2584 |
| December 31, 2012 | 0.2646 |
| September 30, 2012 | 0.2269 |
| June 30, 2012 | 0.2282 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.2557
Minimum
Sep 2023
0.5569
Maximum
Jun 2022
0.4291
Average
0.464
Median
Debt to Equity Ratio Benchmarks
| Schlumberger Ltd | 0.6008 |
| Halliburton Co | 0.7419 |
| Hess Corp | 0.7944 |
| Helmerich & Payne Inc | 0.6109 |
| Battalion Oil Corp | 4.081 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 5.964B |
| Total Liabilities (Quarterly) | 2.392B |
| Shareholders Equity (Quarterly) | 3.562B |
| Current Ratio | 1.517 |
| Net Debt Paydown Yield | -2.73% |