New West Services Debt/Equity
What is the Debt/Equity of New West Services?
The Debt/Equity of New West Energy Services Inc. is -1.94
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 TSXV compared to New West Services
What does New West Services do?
New West Energy Services Inc. provides waste management and environmental services to the drilling, completions, and production sectors of the oil and gas industry in Canada. The company operates through two business segments: Vacuum and Water Truck Services, and Environmental Services. Its environmental services cover drilling waste testing, disposal, and treatment; mud system management; disposal management and coordination; pipeline crossings project management; sump suitability assessments; spill response and management; pre-disturbance environmental assessments and approvals; and drilling and completions water management, including TDL application, sourcing, monitoring, and usage tracking. The company was formerly known as Lexacal Investment Corp. and changed its name to New West Energy Services Inc. in October 2007. New West Energy Services Inc. was incorporated in 1986 and is headquartered in Calgary, Canada.
Companies with debt/equity similar to New West Services
- Oi SA has Debt/Equity of -1.96
- SQI Diagnostics has Debt/Equity of -1.95
- Imricor Medical Systems has Debt/Equity of -1.95
- West High Yield (W.H.Y.) Resources has Debt/Equity of -1.95
- Syncom Healthcare has Debt/Equity of -1.95
- Navistar International has Debt/Equity of -1.94
- New West Services has Debt/Equity of -1.94
- PARTS iD has Debt/Equity of -1.94
- Goldbank Mining has Debt/Equity of -1.94
- Andhra Cements has Debt/Equity of -1.94
- Integrated Green Solutions Ltd has Debt/Equity of -1.94
- Deinove SA has Debt/Equity of -1.94
- MediaValet has Debt/Equity of -1.93