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Cathedral Energy Services - Stock

Cathedral Energy Services Debt 2024

Cathedral Energy Services Debt

107.55 CAD

Ticker

CET.TO

ISIN

CA14916J1021

WKN

A0YH7L

In 2024, Cathedral Energy Services's total debt was 107.55 CAD, a 41.41% change from the 76.06 CAD total debt recorded in the previous year.

Cathedral Energy Services Aktienanalyse

What does Cathedral Energy Services do?

Cathedral Energy Services Ltd is a Canadian company that was founded in 1990 and operates in the energy services sector. The company is headquartered in Calgary, Alberta and is listed on the Toronto Stock Exchange (TSX: CET). The founding story of Cathedral Energy Services Ltd began with the acquisition of two air compressors in 1990. The company quickly expanded and diversified its offerings to include wellbore measurements and tests, as well as electrical and electronic tools to enhance drilling productivity. Eventually, in 2010, Cathedral Energy Services Ltd acquired Crusader Drilling Tools, a company engaged in the manufacturing and sales of drilling equipment and tools. Today, Cathedral Energy Services Ltd offers a variety of services and products tailored to the needs of oil and gas companies. These services include drilling mud waste treatment, wellbore measurements and tests, electrical and electronic tools, cementing-related tools, as well as wellbore stabilization and monitoring. One of the core businesses of Cathedral Energy Services Ltd is wellbore measurement and testing services. The company provides a range of technologies to gather detailed data about the wellbore and the surrounding subsurface. These measurements include wellbore diameter, cement thickness, wellbore pressure and temperature, as well as conductivity of the surrounding rock and fluid space. Another important business area of Cathedral Energy Services Ltd is the manufacturing and sale of electrical and electronic tools to enhance drilling productivity. This includes measurement devices and sensors to control drilling speed and depth, as well as instruments for monitoring drilling processes and detecting anomalies in the wellbore. The company also offers a range of cementing-related tools to stabilize and reliably seal the wellbore. These tools are crucial for the safety and support of the wellbore, avoiding damage to the surrounding environment and ensuring the production of oil and gas. Finally, Cathedral Energy Services Ltd also provides wellbore stabilization and monitoring to ensure that the wellbore remains stable throughout the entire drilling process and avoids any damages or failures. This includes monitoring the composition and quality of the drilling mud to ensure that it serves its purpose and maintains the stability of the wellbore. Overall, Cathedral Energy Services Ltd is a company specialized in meeting the needs of oil and gas companies in terms of wellbore measurements, tests, and tools. The company has a long history in the industry and offers a wide range of products and services to ensure that drilling operations remain safe and productive. Cathedral Energy Services ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Cathedral Energy Services's Debt Structure

Cathedral Energy Services'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 Cathedral Energy Services'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 Cathedral Energy Services’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 Cathedral Energy Services’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 Cathedral Energy Services Stock

What is the debt of Cathedral Energy Services this year?

Cathedral Energy Services has a debt level of 107.55 CAD this year.

What was the debt of Cathedral Energy Services compared to the previous year?

The debt of Cathedral Energy Services has increased by 41.41% compared to the previous year increased.

What are the consequences of high debt for investors in Cathedral Energy Services?

High debt can pose a risk for investors of Cathedral Energy Services, 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 Cathedral Energy Services?

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

How does an increase in debt from Cathedral Energy Services affect the company?

An increase in debt of Cathedral Energy Services 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 Cathedral Energy Services affect the company?

A reduction in debt of Cathedral Energy Services 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 Cathedral Energy Services?

Some factors that can influence the debt of Cathedral Energy Services include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Cathedral Energy Services so important for investors?

The debts of Cathedral Energy Services 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 Cathedral Energy Services take to change the debt?

To change the debt, Cathedral Energy Services 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 Cathedral Energy Services pay?

Over the past 12 months, Cathedral Energy Services paid a dividend of 0.12 CAD . This corresponds to a dividend yield of about 13.48 %. For the coming 12 months, Cathedral Energy Services is expected to pay a dividend of 0 CAD.

What is the dividend yield of Cathedral Energy Services?

The current dividend yield of Cathedral Energy Services is 13.48 %.

When does Cathedral Energy Services pay dividends?

Cathedral Energy Services pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Cathedral Energy Services?

Cathedral Energy Services paid dividends every year for the past 3 years.

What is the dividend of Cathedral Energy Services?

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

In which sector is Cathedral Energy Services located?

Cathedral Energy Services is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Cathedral Energy Services kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cathedral Energy Services from 10/15/2015 amounting to 0.04 CAD, you needed to have the stock in your portfolio before the ex-date on 9/28/2015.

When did Cathedral Energy Services pay the last dividend?

The last dividend was paid out on 10/15/2015.

What was the dividend of Cathedral Energy Services in the year 2023?

In the year 2023, Cathedral Energy Services distributed 0 CAD as dividends.

In which currency does Cathedral Energy Services pay out the dividend?

The dividends of Cathedral Energy Services are distributed in CAD.

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Andere Kennzahlen von Cathedral Energy Services

Our stock analysis for Cathedral Energy Services 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 Cathedral Energy Services Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.