Seadrill Limited

Seadrill Limitedverified

SDRL

Price:

$55.06

Market Cap:

$3.77B

Seadrill Limited provides offshore contract drilling services to the oil and gas industry worldwide. It operates in three segments: Harsh Environment, Floaters, and Jack-ups Rigs. The company owns and operates drillships, semi-submersible rigs, and jack-up rigs for operations in shallow and ultra-deep-water in benign and harsh environments. It offers operation support and management services to third parties, as well as related and non-related companies. As of April 8, 2022, the company owned a fleet of 21 offshore drilling units consisting of two harsh-environment rigs, two benign-environment semi-submersible rigs, six drill-ships, and 11 jack-up rigs. It serves oil super-majors, state-owne...[Read more]

Industry

Oil & Gas Drilling

IPO Date

2022-10-14

Stock Exchange

NYSE

Ticker

SDRL

The Current Ratio as of July 2024 (TTM) for Seadrill Limited (SDRL) is 2.92

According to Seadrill Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.92. This represents a change of -7.57% compared to the average of 3.16 of the last 4 quarters.

Seadrill Limited (SDRL) Historical Current Ratio (quarterly & annually)

How has SDRL Current Ratio performed in the past?

The mean historical Current Ratio of Seadrill Limited over the last ten years is 2.14. The current 2.92 Current Ratio has changed 13.53% with respect to the historical average. Over the past ten years (40 quarters), SDRL's Current Ratio was at its highest in in the December 2018 quarter at 5.96. The Current Ratio was at its lowest in in the September 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

2.14

Median

2.21

Minimum

0.16

Maximum

5.96

Seadrill Limited (SDRL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Seadrill Limited 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 = 1.84%

Maximum Annual Current Ratio = 5.96

Minimum Annual Increase = -92.95%

Minimum Annual Current Ratio = 0.16

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.8735.36%
20222.12-32.73%
20213.151.84%
20200.16-92.95%
20192.30-61.39%
20185.96127.47%
20172.62329.04%
20160.61-30.59%
20150.8820.90%
20140.73-1.72%

Seadrill Limited (SDRL) Average Current Ratio

How has SDRL Current Ratio performed in the past?

The current Current Ratio of Seadrill Limited (SDRL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.72

5-year avg

2.12

10-year avg

2.14

Seadrill Limited (SDRL) Current Ratio vs. Peers

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

Seadrill Limited’s Current Ratio is greater than Diamond Offshore Drilling, Inc. (1.63), greater than Nabors Industries Ltd. (1.82), greater than Borr Drilling Limited (1.50), greater than Patterson-UTI Energy, Inc. (1.50), greater than Noble Corporation (1.61), greater than Transocean Ltd. (1.35), greater than Independence Contract Drilling, Inc. (1.29), greater than Helmerich & Payne, Inc. (2.12), greater than Precision Drilling Corporation (1.71),

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