Aban Offshore Debt/Equity
What is the Debt/Equity of Aban Offshore?
The Debt/Equity of Aban Offshore Limited is -1.06
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Energy sector on BSE compared to Aban Offshore
What does Aban Offshore do?
Aban Offshore Limited, together with its subsidiaries, provides offshore drilling and production services to companies engaged in the exploration, development, and production of oil and gas in India and internationally. It offers exploratory, drilling, hydrocarbons production, and manning and management services. The company owns and operates a portfolio of assets, including jack-ups, floaters/drill ships, and floating production units. It also engages in the ownership and operation of wind turbines for the generation of wind power. The company's wind farms are located at Radhapuram, Pazhavoor, and Kavalkinaru in Tirunelveli District, Tamil Nadu. Aban Offshore Limited was incorporated in 1986 and is based in Chennai, India.
Companies with debt/equity similar to Aban Offshore
- CaNickel Mining has Debt/Equity of -1.07
- Generation Asia I Acquisition L has Debt/Equity of -1.07
- Tymbal Resources has Debt/Equity of -1.07
- Alps Industries has Debt/Equity of -1.06
- Direct Selling Acquisition has Debt/Equity of -1.06
- RepliCel Life Sciences has Debt/Equity of -1.06
- Aban Offshore has Debt/Equity of -1.06
- Grand Vision Media Plc has Debt/Equity of -1.06
- Sun Cheong Creative Development has Debt/Equity of -1.06
- RosCan Gold has Debt/Equity of -1.06
- TLG Acquisition One has Debt/Equity of -1.06
- Pressure BioSciences has Debt/Equity of -1.06
- PAVmed Inc has Debt/Equity of -1.06