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TelegramRigNet, Inc. Net Debt | RNET
Net Debt can be roughly defined as financial liabilities that an entity classifies in the financing section together with the resources available to service those financial liabilities[1]
Net debt is the obligations that remain after deducting all assets and other liabilities from a company or individual. It represents the sum of debts that an organization or person must repay to their creditors or other parties.
Net debt can include various types of obligations such as loans, borrowings, lease liabilities, or credit card payments. It is important to note that net debt does not include current expenses or obligations such as payroll expenses or current bills.
Assessing net debt is an important financial indicator for evaluating the financial position of a company or individual. If net debt significantly exceeds assets, it may indicate financial difficulties and insolvency. In such cases, the company or individual may face difficulties in meeting their obligations and managing their finances.
Net debt can also be used to compare the financial stability of different companies. The lower the net debt relative to assets, the more stable and financially sound they are considered.
Overall, understanding net debt helps evaluate the financial soundness and ability of a company to meet their obligations. It is an important indicator that assists in making decisions about lending, investments, and financial management.
Annual Net Debt RigNet, Inc.
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|
| 80.5 M | 94.2 M | 55.2 M | 23.3 M | 3.9 M | 17.2 M | 19.5 M | -259 K | 1.55 M | -29.6 M |
Annual performance
Select metrics to display
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 94.2 M | -29.6 M | 26.6 M |
References
- Pizzo, M., Moscariello, N., & Vinciguerra, R. (2015). Market Incentives and Regulators' Activity Shaping Financial Information: An Analysis of the Net Debt Disclosure in Italy. International Journal of Business and Management, 10(1), 1.
Net Debt of other stocks in the Oil gas equipment industry
| Issuer | Net Debt | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
 |
U.S. Silica Holdings
SLCA
|
597 M | - | -0.06 % | $ 1.19 B |  USA |
 |
Petróleo Brasileiro S.A. - Petrobras
PBR
|
33.9 B | $ 22.45 | -14.18 % | $ 139 B |  Brasil |
 |
Cenovus Energy
CVE
|
435 M | $ 33.19 | 0.94 % | $ 60.1 B |  Canada |
 |
Adams Resources & Energy
AE
|
-8.55 M | - | - | $ 96.3 M | USA |
 |
ChampionX Corporation
CHX
|
101 M | - | - | $ 4.92 B | USA |
 |
Core Laboratories N.V.
CLB
|
169 M | $ 10.19 | 2.77 % | $ 472 M |  Niderland |
 |
BP PLC
BP
|
-22 B | $ 50.54 | -1.52 % | $ 132 B |  Britain |
 |
Equinor ASA
EQNR
|
-1.62 B | $ 48.31 | -1.04 % | $ 125 B |  Norway |
 |
Flotek Industries
FTK
|
35.5 M | $ 24.85 | 3.97 % | $ 842 M | USA |
 |
Geospace Technologies Corporation
GEOS
|
-15.1 M | $ 4.39 | 3.05 % | $ 56.2 M | USA |
 |
Forum Energy Technologies
FET
|
112 M | $ 88.94 | 2.03 % | $ 1.06 B | USA |
 |
NCS Multistage Holdings
NCSM
|
-29.9 M | $ 53.35 | 3.31 % | $ 138 M | USA |
 |
Liberty Oilfield Services
LBRT
|
236 M | $ 16.06 | 2.98 % | $ 2.6 B | USA |
 |
ION Geophysical Corporation
IO
|
249 M | - | -6.68 % | $ 10.4 M | USA |
 |
Eni S.p.A.
E
|
-2.4 B | $ 60.58 | -2.42 % | $ 183 B |  Italia |
 |
DMC Global
BOOM
|
23.6 M | $ 5.37 | -2.19 % | $ 107 M | USA |
 |
PetroChina Company Limited
PTR
|
-65.4 B | - | -0.51 % | $ 140 B |  China |
 |
Imperial Oil Limited
IMO
|
2.39 B | $ 134.45 | -0.26 % | $ 67.6 B | Canada |
 |
North American Construction Group Ltd.
NOA
|
651 M | $ 11.9 | 4.57 % | $ 341 M | Canada |
 |
Newpark Resources
NR
|
8.99 M | - | -4.59 % | $ 628 M | USA |
 |
Frank's International N.V.
FI
|
-183 M | - | 7.14 % | $ 120 M | USA |
 |
Seacor Holdings Inc.
CKH
|
211 M | - | 0.22 % | $ 851 M | USA |
 |
Cypress Environmental Partners, L.P.
CELP
|
46.7 M | - | - | $ 6.04 M | USA |
 |
FTS International, Inc.
FTSI
|
-87.7 M | - | -0.61 % | $ 366 M | USA |
 |
China Petroleum & Chemical Corporation
SNP
|
89 B | - | - | $ 550 B | China |
 |
Dril-Quip
DRQ
|
-172 M | - | -3.51 % | $ 527 M | USA |
 |
Helix Energy Solutions Group
HLX
|
-86 M | $ 10.6 | 2.91 % | $ 1.57 B | USA |
 |
Nine Energy Service
NINE
|
337 M | - | - | $ 17.9 M | USA |
 |
Solaris Oilfield Infrastructure
SOI
|
-171 M | - | -0.88 % | $ 498 M | USA |
 |
MRC Global
MRC
|
352 M | - | - | - | USA |
 |
Dawson Geophysical Company
DWSN
|
7.5 M | $ 2.01 | -0.99 % | $ 62.3 M | USA |
 |
Ecopetrol S.A.
EC
|
41.6 T | $ 17.42 | -2.13 % | $ 35.4 B |  Colombia |
 |
TechnipFMC plc
FTI
|
-490 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
|
5.22 B | $ 35.48 | 1.59 % | $ 30.3 B | USA |
 |
KLX Energy Services Holdings
KLXE
|
255 M | $ 1.14 | 3.18 % | $ 21.3 M | USA |
 |
Superior Drilling Products
SDPI
|
-1.01 M | - | - | $ 30 M | USA |
 |
Matrix Service Company
MTRX
|
-204 M | $ 9.65 | -0.62 % | $ 273 M | USA |
 |
National Energy Services Reunited Corp.
NESR
|
69.5 M | $ 20.2 | -1.27 % | $ 1.99 B | USA |
 |
National Fuel Gas Company
NFG
|
2.35 B | $ 81.71 | 1.47 % | $ 7.39 B | USA |
 |
Natural Gas Services Group
NGS
|
-1.54 M | $ 31.24 | 0.87 % | $ 392 M | USA |
 |
NOV
NOV
|
207 M | $ 20.21 | 2.28 % | $ 7.52 B | USA |
 |
Baker Hughes Company
BKR
|
1.86 B | $ 56.03 | 0.3 % | $ 55.6 B | USA |
 |
Gulf Island Fabrication
GIFI
|
-8.9 M | - | - | $ 186 M | USA |
 |
Oceaneering International
OII
|
-73 M | $ 40.31 | 2.65 % | $ 4.04 B | USA |
 |
Oil States International
OIS
|
-61 M | $ 8.73 | 1.45 % | $ 512 M | USA |
 |
ProPetro Holding Corp.
PUMP
|
57.9 M | $ 7.34 | 0.62 % | $ 762 M | USA |
 |
Recon Technology, Ltd.
RCON
|
-23.5 M | $ 0.92 | 1.81 % | $ 102 K | China |