What is the debt of Orbit Garant Drilling this year?
Orbit Garant Drilling has a debt level of 33.79 CAD this year.
In 2024, Orbit Garant Drilling's total debt was 33.79 CAD, a -14.02% change from the 39.3 CAD total debt recorded in the previous year.
Orbit Garant 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.
Analyzing Orbit Garant 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.
Investors pay close attention to Orbit Garant 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.
Shifts in Orbit Garant 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.
Orbit Garant Drilling has a debt level of 33.79 CAD this year.
The debt of Orbit Garant Drilling has increased by -14.02% compared to the previous year dropped.
High debt can pose a risk for investors of Orbit Garant Drilling, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
Low debt means that Orbit Garant Drilling has a strong financial position and is able to fulfill its obligations without overburdening its finances.
An increase in debt of Orbit Garant Drilling can adversely affect the financial condition of the company and result in a higher burden on its finances.
A reduction in debt of Orbit Garant Drilling can strengthen the company's financial position and improve its ability to meet its financial obligations.
Some factors that can influence the debt of Orbit Garant Drilling include investments, acquisitions, operating costs, and revenue development.
The debts of Orbit Garant 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.
To change the debt, Orbit Garant 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.
Over the past 12 months, Orbit Garant Drilling paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Orbit Garant Drilling is expected to pay a dividend of 0 CAD.
The current dividend yield of Orbit Garant Drilling is .
Orbit Garant Drilling pays a quarterly dividend. This is distributed in the months of .
Orbit Garant Drilling paid dividends every year for the past 0 years.
For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.
Orbit Garant Drilling is assigned to the 'Commodities' sector.
To receive the latest dividend of Orbit Garant Drilling from 12/3/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 12/3/2024.
The last dividend was paid out on 12/3/2024.
In the year 2023, Orbit Garant Drilling distributed 0 CAD as dividends.
The dividends of Orbit Garant Drilling are distributed in CAD.
Our stock analysis for Orbit Garant 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 Orbit Garant Drilling Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.