Diamond Offshore Drilling, Inc. (DO)

NYSE: DO · IEX Real-Time Price · USD
13.65
+0.21 (1.56%)
Mar 28, 2024, 12:56 PM EDT - Market open

Total Valuation

DO has a market cap or net worth of $1.38 billion. The enterprise value is $1.90 billion.

Market Cap 1.38B
Enterprise Value 1.90B

Important Dates

The next estimated earnings date is Monday, May 6, 2024, after market close.

Earnings Date May 6, 2024
Ex-Dividend Date n/a

Share Statistics

DO has 102.32 million shares outstanding. The number of shares has increased by 1.27% in one year.

Shares Outstanding 102.32M
Shares Change (YoY) +1.27%
Shares Change (QoQ) -0.36%
Owned by Insiders (%) 1.10%
Owned by Institutions (%) 91.38%
Float 94.66M

Valuation Ratios

PE Ratio n/a
Forward PE 34.12
PS Ratio 1.30
Forward PS 1.34
PB Ratio 2.14
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.80
EV / EBITDA 12.59
EV / EBIT 47.90
EV / FCF n/a

Financial Position

The company has a current ratio of 1.55, with a Debt / Equity ratio of 1.03.

Current Ratio 1.55
Quick Ratio 1.33
Debt / Equity 1.03
Debt / EBITDA 4.39
Debt / FCF n/a
Interest Coverage 0.74

Financial Efficiency

Return on equity (ROE) is -5.90%.

Return on Equity (ROE) -5.90%
Return on Assets (ROA) -2.60%
Return on Capital (ROIC) n/a
Revenue Per Employee $493,542
Profits Per Employee -$20,891
Employee Count 2,140
Asset Turnover 0.62
Inventory Turnover n/a

Taxes

In the past 12 months, DO has paid $30.98 million in taxes.

Income Tax 30.98M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +19.47% in the last 52 weeks.

Beta (1Y) n/a
52-Week Price Change +19.47%
50-Day Moving Average 12.32
200-Day Moving Average 13.45
Relative Strength Index (RSI) 63.76
Average Volume (30 Days) 1,449,922

Short Selling Information

The latest short interest is 4.55 million, so 4.45% of the outstanding shares have been sold short.

Short Interest 4.55M
Short Previous Month 4.01M
Short % of Shares Out 4.45%
Short % of Float 4.81%
Short Ratio (days to cover) 2.89

Income Statement

In the last 12 months, DO had revenue of $1.06 billion and -$44.71 million in losses. Loss per share was -$0.44.

Revenue 1.06B
Gross Profit 230.23M
Operating Income 51.06M
Pretax Income -13.72M
Net Income -44.71M
EBITDA 150.99M
EBIT 39.69M
Loss Per Share -$0.44
Full Income Statement

Balance Sheet

The company has $138.69 million in cash and $662.68 million in debt, giving a net cash position of -$523.99 million or -$5.12 per share.

Cash & Cash Equivalents 138.69M
Total Debt 662.68M
Net Cash -523.99M
Net Cash Per Share -$5.12
Equity / Book Value 644.85M
Book Value Per Share 6.30
Working Capital 161.27M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $11.78 million and capital expenditures -$131.45 million, giving a free cash flow of -$119.67 million.

Operating Cash Flow 11.78M
Capital Expenditures -131.45M
Free Cash Flow -119.67M
FCF Per Share -$1.18
Full Cash Flow Statement

Margins

Gross margin is 21.80%, with operating and profit margins of 4.83% and -4.23%.

Gross Margin 21.80%
Operating Margin 4.83%
Pretax Margin -1.30%
Profit Margin -4.23%
EBITDA Margin 14.30%
EBIT Margin 3.76%
FCF Margin -11.33%

Dividends & Yields

DO does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -1.27%
Shareholder Yield -1.27%
Earnings Yield -3.25%
FCF Yield -8.69%
Dividend Details

Analyst Forecast

The average price target for DO is $20.33, which is 48.94% higher than the current price. The consensus rating is "Strong Buy".

Price Target $20.33
Price Target Difference 48.94%
Analyst Consensus Strong Buy
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on August 15, 1997. It was a forward split with a ratio of 2:1.

Last Split Date Aug 15, 1997
Split Type Forward
Split Ratio 2:1

Scores

DO has an Altman Z-Score of 1.31 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.31
Piotroski F-Score 5