Trican Well Service Ltd.

Toronto Stock Exchange TCW.TO

Trican Well Service Ltd. Debt to Equity Ratio for the year ending December 31, 2023

Trican Well Service Ltd. Debt to Equity Ratio is NA for the year ending December 31, 2023. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Trican Well Service Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.08, a 298.34% change year over year.
  • Trican Well Service Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.02, a -24.60% change year over year.
  • Trican Well Service Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.03, a -68.47% change year over year.
  • Trican Well Service Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.09, a 51.91% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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Toronto Stock Exchange: TCW.TO

Trican Well Service Ltd.

CEO Mr. Bradley P. D. Fedora MBA
IPO Date June 3, 1998
Location Canada
Headquarters 645 – 7th Avenue S.W.
Employees 1,195
Sector Energy
Industries
Description

Trican Well Service Ltd., an equipment services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada. The company offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, cement design, and laboratory solutions, as well as surface, intermediate, production, liner, horizontal, and remedial/squeeze cementing services; and cement pumpers, bulk equipment, and cement auxiliary equipment. It also provides reservoir solutions, such as exploration, production analysis, and simulation and modeling services; and coiled tubing solutions comprising coiled tubing fracturing and acidizing, specially designed tools, in-house engineering, well cleanouts, milling, high pressure jetting, e-coil, nitrogen gas lifting, and production enhancement, as well as equipment and tools. In addition, the company offers acidizing and production enhancement services that include production and injection well enhancement services, and equipment; well intervention tools; and fracturing solutions and equipment. Trican Well Service Ltd. was incorporated in 1979 and is headquartered in Calgary, Canada.

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StockViz Staff

January 16, 2025

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