What is the level of liabilities of Orbit Garant Drilling this year?
Orbit Garant Drilling has a debt balance of 59.65 M CAD this year.
In 2024, Orbit Garant Drilling's total liabilities amounted to 59.65 M CAD, a -20.04% difference from the 74.6 M CAD total liabilities in the previous year.
Orbit Garant Drilling's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Orbit Garant Drilling's financial stability, operational efficiency, and long-term viability.
By comparing Orbit Garant Drilling's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Orbit Garant Drilling's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Shifts in Orbit Garant Drilling’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Orbit Garant Drilling has a debt balance of 59.65 M CAD this year.
The liabilities of Orbit Garant Drilling have increased by -20.04% dropped compared to the previous year.
High liabilities can pose a risk for investors of Orbit Garant Drilling, as they can weaken the company's financial position and impair its ability to meet its obligations.
Low liabilities mean that Orbit Garant Drilling has a strong financial position and is able to meet its obligations without overburdening its finances.
An increase in liabilities of Orbit Garant Drilling can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
A decrease in the liabilities of Orbit Garant Drilling can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
Some factors that can influence the liabilities of Orbit Garant Drilling include investments, acquisitions, operating costs, and sales development.
The liabilities of Orbit Garant Drilling are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
To change its liabilities, Orbit Garant Drilling can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
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.