AKITA Drilling - Stock

AKITA Drilling Debt 2024

AKITA Drilling Debt

59.23 CAD

Ticker

AKT.A.TO

ISIN

CA0099051009

WKN

913304

In 2024, AKITA Drilling's total debt was 59.23 CAD, a -13.77% change from the 68.69 CAD total debt recorded in the previous year.

AKITA Drilling Aktienanalyse

What does AKITA Drilling do?

AKITA Drilling Ltd is a Canadian company specializing in providing drilling and exploration services to customers in North America. The company was founded in 1993 and is headquartered in Calgary, Alberta. It operates a fleet of 31 drilling rigs in various regions of Canada and the USA. AKITA Drilling offers a wide range of services, from planning and preparing drilling sites to conducting drilling and exploration work. The company is known for its ability to perform drilling in challenging geological conditions and specializes in horizontal well drilling. It also provides additional value-added services such as testing and analysis to determine well productivity and consulting services for project planning and optimization. AKITA Drilling has a strong reputation in the oil and gas industry for its high-quality work, technological advancements, and efficient operations. It continues to invest in modernizing its drilling rigs and methods to provide customers with the best solutions and services in the future. AKITA Drilling ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding AKITA Drilling's Debt Structure

AKITA Drilling's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing AKITA Drilling's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to AKITA Drilling’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in AKITA Drilling’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about AKITA Drilling Stock

What is the debt of AKITA Drilling this year?

AKITA Drilling has a debt level of 59.23 CAD this year.

What was the debt of AKITA Drilling compared to the previous year?

The debt of AKITA Drilling has increased by -13.77% compared to the previous year dropped.

What are the consequences of high debt for investors in AKITA Drilling?

High debt can pose a risk for investors of AKITA Drilling, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of AKITA Drilling?

Low debt means that AKITA Drilling has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from AKITA Drilling affect the company?

An increase in debt of AKITA Drilling can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of AKITA Drilling affect the company?

A reduction in debt of AKITA Drilling can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of AKITA Drilling?

Some factors that can influence the debt of AKITA Drilling include investments, acquisitions, operating costs, and revenue development.

Why are the debts of AKITA Drilling so important for investors?

The debts of AKITA Drilling are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can AKITA Drilling take to change the debt?

To change the debt, AKITA Drilling can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does AKITA Drilling pay?

Over the past 12 months, AKITA Drilling paid a dividend of 0.17 CAD . This corresponds to a dividend yield of about 12.69 %. For the coming 12 months, AKITA Drilling is expected to pay a dividend of 0 CAD.

What is the dividend yield of AKITA Drilling?

The current dividend yield of AKITA Drilling is 12.69 %.

When does AKITA Drilling pay dividends?

AKITA Drilling pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of AKITA Drilling?

AKITA Drilling paid dividends every year for the past 3 years.

What is the dividend of AKITA Drilling?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is AKITA Drilling located?

AKITA Drilling is assigned to the 'Energy' sector.

Wann musste ich die Aktien von AKITA Drilling kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of AKITA Drilling from 7/3/2019 amounting to 0.085 CAD, you needed to have the stock in your portfolio before the ex-date on 6/18/2019.

When did AKITA Drilling pay the last dividend?

The last dividend was paid out on 7/3/2019.

What was the dividend of AKITA Drilling in the year 2023?

In the year 2023, AKITA Drilling distributed 0 CAD as dividends.

In which currency does AKITA Drilling pay out the dividend?

The dividends of AKITA Drilling are distributed in CAD.

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Andere Kennzahlen von AKITA Drilling

Our stock analysis for AKITA Drilling Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of AKITA Drilling Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.