DO
Price:
$13.99
Market Cap:
$1.44B
Diamond Offshore Drilling, Inc. (DO) specializes in providing contract drilling services to the global energy sector. Central to its global operations is a substantial fleet of offshore drilling rigs; as of December 31, 2021, this fleet comprised 12 units, specifically four drillships and eight semi-submersible rigs. The company caters to a diverse client base, including both independent and state-owned oil and gas enterprises. Established in 1953, Diamond Offshore maintains its corporate headquarters in Houston, Texas.
Industry
Oil & Gas Drilling
IPO Date
2022-03-30
Stock Exchange
NYSE
Ticker
DO
According to Diamond Offshore Drilling, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.47. This represents a change of -11.73% compared to the average of 1.67 of the last 4 quarters.
The mean historical Current Ratio of Diamond Offshore Drilling, Inc. over the last ten years is 1.85. The current 1.47 Current Ratio has changed 7.83% with respect to the historical average. Over the past ten years (40 quarters), DO's Current Ratio was at its highest in in the March 2018 quarter at 4.51. The Current Ratio was at its lowest in in the March 2020 quarter at 0.31.
Average
1.85
Median
1.39
Minimum
0.99
Maximum
3.74
Discovering the peaks and valleys of Diamond Offshore Drilling, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 186.70%
Maximum Annual Current Ratio = 3.74
Minimum Annual Increase = -71.21%
Minimum Annual Current Ratio = 0.99
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 1.47 | 20.96% |
| 2022 | 1.22 | 4.22% |
| 2021 | 1.17 | -61.19% |
| 2020 | 3.01 | 90.77% |
| 2019 | 1.58 | -47.87% |
| 2018 | 3.02 | -19.20% |
| 2017 | 3.74 | 186.70% |
| 2016 | 1.30 | 32.41% |
| 2015 | 0.99 | -6.10% |
| 2014 | 1.05 | -71.21% |
The current Current Ratio of Diamond Offshore Drilling, Inc. (DO) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.28
5-year avg
1.69
10-year avg
1.85
Diamond Offshore Drilling, Inc.’s Current Ratio is greater than GasLog Ltd. (0.90), greater than Hammerhead Energy Inc. (0.85), greater than World Kinect Corporation (1.05), less than U.S. Silica Holdings, Inc. (3.23), greater than Tsakos Energy Navigation Limited (1.30), less than Ramaco Resources, Inc. (4.88), greater than Tellurian Inc. (0.66), greater than ProFrac Holding Corp. (0.82), less than Falcon Minerals Corporation (3.53), greater than Crestwood Equity Partners LP (1.28),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.90 | $1.41B | |
| 0.85 | $1.47B | |
| 1.05 | $1.60B | |
| 3.23 | $1.21B | |
| 1.30 | $539.36M | |
| 4.88 | $752.73M | |
| 0.66 | $892.98M | |
| 0.82 | $1.10B | |
| 3.53 | $1.21B | |
| 1.28 | $2.97B |
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