Diamond Offshore Drilling, Inc.

Diamond Offshore Drilling, Inc. - Current Ratioverified

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

The Current Ratio as of June 2026 (TTM) for Diamond Offshore Drilling, Inc. (DO) is 1.47

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.

Diamond Offshore Drilling, Inc. (DO) Historical Current Ratio (quarterly & annually)

How has DO Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

1.85

Median

1.39

Minimum

0.99

Maximum

3.74

Diamond Offshore Drilling, Inc. (DO) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.4720.96%
20221.224.22%
20211.17-61.19%
20203.0190.77%
20191.58-47.87%
20183.02-19.20%
20173.74186.70%
20161.3032.41%
20150.99-6.10%
20141.05-71.21%

Diamond Offshore Drilling, Inc. (DO) Average Current Ratio

How has DO Current Ratio performed in the past?

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. (DO) Current Ratio vs. Peers

How is DO’s Current Ratio compared to its peers?

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),

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