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TelegramRigNet, Inc. Long-Term Debt | RNET
Long-term debt is a financial obligation of a company or an individual with a repayment period exceeding one year from the date it arises. In accounting, such obligations are recorded under the "long-term liabilities" section.
Main characteristics:- Term exceeds 12 months
- Can take the form of bonds, bank loans, credit lines, leasing, or loans from affiliated parties
- Repaid through regular payments (interest and/or principal) over several years
- Investment in development
Allows financing of large projects — new factories, production lines, innovative developments — without diverting working capital. - Smoothing of cash flows
A long-term payment schedule facilitates budget planning and reduces short-term financial risks. - Optimization of capital structure
A combination of equity and borrowed capital can reduce the average cost of business financing.
A high level of long-term debt may indicate that a company heavily relies on borrowed funds. This increases risks, especially in conditions of rising interest rates or declining profits. However, a moderate level of debt can signal a sound growth strategy — for example, the company takes a loan to expand its business.
If a company uses borrowed funds effectively (e.g., invests in profitable projects), this can lead to profit growth and, consequently, an increase in stock value. An investor evaluates whether the investments made using debt are paying off.
It is important to monitor whether the company can regularly pay interest and repay the principal. Payment difficulties can lead to reduced dividends, a drop in stock value, and even bankruptcy.
Examples of long-term debt:- Mortgage loans for property purchases
- Corporate bonds issued by a company to raise capital
- Project financing — long-term loans for building or expanding production facilities
- Leasing obligations for equipment or transport
Annual Long-Term Debt RigNet, Inc.
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|
| 83.8 M | 96.6 M | 72.1 M | 53.1 M | 52.7 M | 69.2 M | 77.7 M | 51.2 M | 51.9 M | 14.8 M |
Annual performance
Select metrics to display
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 96.6 M | 14.8 M | 62.3 M |
Long-Term Debt of other stocks in the Oil gas equipment industry
| Issuer | Long-Term Debt | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
 |
MRC Global
MRC
|
384 M | - | - | - |  USA |
 |
Dawson Geophysical Company
DWSN
|
11.3 M | $ 2.01 | -0.99 % | $ 62.3 M | USA |
 |
Ecopetrol S.A.
EC
|
41.8 T | $ 17.42 | -2.13 % | $ 35.4 B |  Colombia |
 |
TechnipFMC plc
FTI
|
396 M | $ 70.53 | 0.92 % | $ 29.1 B |  Britain |
 |
Archrock
AROC
|
2.41 B | $ 30.1 | 3.37 % | $ 5.25 B | USA |
 |
Halliburton Company
HAL
|
7.16 B | $ 35.48 | 1.59 % | $ 30.3 B | USA |
 |
KLX Energy Services Holdings
KLXE
|
254 M | $ 1.14 | 3.18 % | $ 21.3 M | USA |
 |
Superior Drilling Products
SDPI
|
1.61 M | - | - | $ 30 M | USA |
 |
Matrix Service Company
MTRX
|
15.1 M | $ 9.65 | -0.62 % | $ 273 M | USA |
 |
National Energy Services Reunited Corp.
NESR
|
191 M | $ 20.2 | -1.27 % | $ 1.99 B | USA |
 |
National Fuel Gas Company
NFG
|
2.38 B | $ 81.71 | 1.47 % | $ 7.39 B | USA |
 |
Natural Gas Services Group
NGS
|
1.91 M | $ 31.24 | 0.87 % | $ 392 M | USA |
 |
NOV
NOV
|
1.69 B | $ 20.21 | 2.28 % | $ 7.52 B | USA |
 |
Baker Hughes Company
BKR
|
5.4 B | $ 56.03 | 0.3 % | $ 55.6 B | USA |
 |
Gulf Island Fabrication
GIFI
|
17.9 M | - | - | $ 186 M | USA |
 |
Oceaneering International
OII
|
487 M | $ 40.31 | 2.65 % | $ 4.04 B | USA |
 |
Oil States International
OIS
|
1.67 M | $ 8.73 | 1.45 % | $ 512 M | USA |
 |
ProPetro Holding Corp.
PUMP
|
106 M | $ 7.34 | 0.62 % | $ 762 M | USA |
 |
Recon Technology, Ltd.
RCON
|
3.29 M | $ 0.92 | 1.81 % | $ 102 K |  China |
 |
RPC
RES
|
1.04 M | $ 6.4 | 2.32 % | $ 1.36 B | USA |
 |
Ranger Energy Services
RNGR
|
8.4 M | $ 14.7 | -0.07 % | $ 329 M | USA |
 |
NexTier Oilfield Solutions
NEX
|
347 M | - | - | $ 2.58 B | USA |
 |
Schlumberger Limited
SLB
|
9.74 B | $ 53.08 | 0.03 % | $ 75.4 B |  France |
 |
Smart Sand
SND
|
8.66 M | $ 4.84 | 1.68 % | $ 189 M | USA |
 |
Sasol Limited
SSL
|
15.2 B | $ 17.45 | -3.19 % | $ 11.1 B |  South-africa |
 |
Suncor Energy
SU
|
3.88 B | $ 79.46 | 0.1 % | $ 96.9 B |  Canada |
 |
Tidewater
TDW
|
649 M | $ 84.49 | -1.84 % | $ 4.23 B | USA |
 |
Target Hospitality Corp.
TH
|
1.68 M | $ 14.06 | 1.96 % | $ 1.4 B | USA |
 |
Exterran Corporation
EXTN
|
572 M | - | - | $ 153 M | USA |
 |
Tenaris S.A.
TS
|
94.9 M | $ 59.36 | 1.94 % | $ 62.7 B |  Luxembourg |
 |
TETRA Technologies
TTI
|
181 M | $ 5.38 | 0.94 % | $ 717 M | USA |
 |
Mammoth Energy Services
TUSK
|
26 K | $ 2.77 | 3.75 % | $ 134 M | USA |
 |
Chevron Corporation
CVX
|
39.8 B | $ 232.06 | -0.49 % | $ 429 B | USA |
 |
Cactus
WHD
|
241 M | $ 64.12 | 1.54 % | $ 5.14 B | USA |
 |
Select Energy Services
WTTR
|
285 M | $ 18.7 | 3.09 % | $ 2.59 B | USA |
 |
Exxon Mobil Corporation
XOM
|
34.2 B | $ 184.5 | 0.7 % | $ 794 B | USA |
 |
YPF Sociedad Anónima
YPF
|
28.3 B | $ 49.18 | -2.96 % | $ 19.3 B |  Argentina |
 |
NOW
DNOW
|
411 M | $ 15.85 | 1.02 % | $ 1.87 B | USA |
 |
USA Compression Partners, LP
USAC
|
2.52 B | $ 25.17 | 1.74 % | $ 3.65 B | USA |
 |
Profire Energy
PFIE
|
63.4 K | - | - | $ 120 M | USA |
 |
U.S. Silica Holdings
SLCA
|
824 M | - | -0.06 % | $ 1.19 B | USA |
 |
Petróleo Brasileiro S.A. - Petrobras
PBR
|
28.6 B | $ 22.45 | -14.18 % | $ 139 B |  Brasil |
 |
Cenovus Energy
CVE
|
2.81 B | $ 33.19 | 0.94 % | $ 60.1 B | Canada |
 |
Adams Resources & Energy
AE
|
21.9 M | - | - | $ 96.3 M | USA |
 |
ChampionX Corporation
CHX
|
591 M | - | - | $ 4.92 B | USA |
 |
Core Laboratories N.V.
CLB
|
172 M | $ 10.19 | 2.77 % | $ 472 M |  Niderland |
 |
BP PLC
BP
|
11.7 B | $ 50.54 | -1.52 % | $ 132 B | Britain |
 |
Equinor ASA
EQNR
|
2.22 B | $ 48.31 | -1.04 % | $ 125 B |  Norway |
 |
Flotek Industries
FTK
|
40 M | $ 24.85 | 3.97 % | $ 842 M | USA |
 |
Geospace Technologies Corporation
GEOS
|
769 K | $ 4.39 | 3.05 % | $ 56.2 M | USA |