ClearStream Services Debt/Equity
What is the Debt/Equity of ClearStream Services?
The Debt/Equity of ClearStream Energy Services Inc. is -4.93
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Energy sector on TSX compared to ClearStream Services
What does ClearStream Services do?
ClearStream Energy Services Inc. provides upstream, midstream, and downstream production services in Canada and the United States. The company operates through Maintenance and Construction Services, and Wear Technology Overlay Services segments. The Maintenance and Construction Services segment provides operational, maintenance, welding, fabrication, machining, construction, and turnaround services to the conventional oil and gas, oilsands, and other industries, as well as abandonment, decommissioning, and reclamation services. This segment also offers resource/labour supply services to Canadian energy companies, as well as heavy equipment operators. The Wear Technology Overlay Services segment specializes in the supply and fabrication of overlay pipe spools, pipe bends, and wear plates and vessels for corrosion and abrasion resistant applications in various end markets. The company also provides regulatory and environmental advisory services; and electrical and instrumentation services. It serves oil and gas, energy, mining, agriculture, pulp and paper, petrochemical, and water treatment industries. The company was formerly known as Tuckamore Capital Management Inc. and changed its name to ClearStream Energy Services Inc. in October 2016. ClearStream Energy Services Inc. was founded in 1967 and is headquartered in Calgary, Canada.
Companies with debt/equity similar to ClearStream Services
- Kamat Hotels (India) has Debt/Equity of -4.95
- Air France-KLM SA has Debt/Equity of -4.95
- Air France-KLM SA has Debt/Equity of -4.95
- McDermott International has Debt/Equity of -4.94
- McDermott International has Debt/Equity of -4.94
- Boardwalktech Software has Debt/Equity of -4.94
- ClearStream Services has Debt/Equity of -4.93
- Xponential Fitness has Debt/Equity of -4.92
- Clear Blue Technologies International has Debt/Equity of -4.91
- Boill Healthcare has Debt/Equity of -4.91
- Prairie Provident Resources has Debt/Equity of -4.90
- Carpinienne de Participations has Debt/Equity of -4.89
- Pierre et Vacances SA has Debt/Equity of -4.88