|
Top 5 Companies in the Oil & Gas Drilling Industry With the Highest Debt to Asset Ratio (VTG, SDRL, ORIG, HERO, RIG)
Jan 11, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Oil & Gas Drilling industry with the highest debt to asset ratios. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater than one, most of the company's assets are financed through debt.Vantage Drilling ranks highest with a a debt to asset ratio of 0.72. Following is Seadrill with a a debt to asset ratio of 0.58. Ocean Rig ranks third highest with a a debt to asset ratio of 0.44.
Hercules Offshore follows with a a debt to asset ratio of 0.43, and Transocean rounds out the top five with a a debt to asset ratio of 0.40.
SmarTrend is monitoring the recent change of momentum in Transocean. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Transocean in search of a potential trend change.
Write to Chip Brian at cbrian@mysmartrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup
[ Back To Technology News's Homepage ]
|
Internet Telephony Magazine
Click here to read latest issue
CUSTOMER 
Cloud Computing Magazine
Click here to read latest issue
M2M Evolution Magazine
Call Center/CRM
Info Tech 
IP Communications 
Mobile 
Green 
Satellite 
Robotics 
