Independence Contract Drilling, Inc. (ICD)
Total Valuation
ICD has a market cap or net worth of $31.30 million. The enterprise value is $181.51 million.
Market Cap | 31.30M |
Enterprise Value | 181.51M |
Important Dates
The next estimated earnings date is Tuesday, May 7, 2024, before market open.
Earnings Date | May 7, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
ICD has 15.27 million shares outstanding. The number of shares has increased by 7.57% in one year.
Shares Outstanding | 15.27M |
Shares Change (YoY) | +7.57% |
Shares Change (QoQ) | +0.01% |
Owned by Insiders (%) | 12.80% |
Owned by Institutions (%) | 38.53% |
Float | 11.34M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | 3.45 |
PS Ratio | 0.15 |
Forward PS | 0.16 |
PB Ratio | 0.17 |
P/FCF Ratio | 1.26 |
PEG Ratio | -0.96 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 4.56, with an EV/FCF ratio of 7.32.
EV / Earnings | n/a |
EV / Sales | 0.86 |
EV / EBITDA | 4.56 |
EV / EBIT | n/a |
EV / FCF | 7.32 |
Financial Position
The company has a current ratio of 1.07, with a Debt / Equity ratio of 0.86.
Current Ratio | 1.07 |
Quick Ratio | 0.92 |
Debt / Equity | 0.86 |
Debt / EBITDA | 3.91 |
Debt / FCF | 6.28 |
Interest Coverage | -0.10 |
Financial Efficiency
Return on equity (ROE) is -18.50% and return on invested capital (ROIC) is -1.10%.
Return on Equity (ROE) | -18.50% |
Return on Assets (ROA) | -9.10% |
Return on Capital (ROIC) | -1.10% |
Revenue Per Employee | $466,902 |
Profits Per Employee | -$83,771 |
Employee Count | 450 |
Asset Turnover | 0.51 |
Inventory Turnover | 84.99 |
Taxes
Income Tax | -1.98M |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -42.69% in the last 52 weeks. The beta is 4.93, so ICD's price volatility has been higher than the market average.
Beta (1Y) | 4.93 |
52-Week Price Change | -42.69% |
50-Day Moving Average | 1.90 |
200-Day Moving Average | 2.51 |
Relative Strength Index (RSI) | 57.82 |
Average Volume (30 Days) | 65,998 |
Short Selling Information
The latest short interest is 537,495, so 3.52% of the outstanding shares have been sold short.
Short Interest | 537,495 |
Short Previous Month | 538,010 |
Short % of Shares Out | 3.52% |
Short % of Float | 4.74% |
Short Ratio (days to cover) | 9.85 |
Income Statement
In the last 12 months, ICD had revenue of $210.11 million and -$37.70 million in losses. Loss per share was -$2.69.
Revenue | 210.11M |
Gross Profit | 79.85M |
Operating Income | -3.72M |
Pretax Income | -39.67M |
Net Income | -37.70M |
EBITDA | 39.83M |
EBIT | -3.72M |
Loss Per Share | -$2.69 |
Balance Sheet
The company has $5.57 million in cash and $155.78 million in debt, giving a net cash position of -$150.21 million or -$9.84 per share.
Cash & Cash Equivalents | 5.57M |
Total Debt | 155.78M |
Net Cash | -150.21M |
Net Cash Per Share | -$9.84 |
Equity / Book Value | 181.58M |
Book Value Per Share | 11.89 |
Working Capital | 2.99M |
Cash Flow
In the last 12 months, operating cash flow was $61.02 million and capital expenditures -$36.22 million, giving a free cash flow of $24.81 million.
Operating Cash Flow | 61.02M |
Capital Expenditures | -36.22M |
Free Cash Flow | 24.81M |
FCF Per Share | $1.77 |
Margins
Gross margin is 38.01%, with operating and profit margins of -1.77% and -17.94%.
Gross Margin | 38.01% |
Operating Margin | -1.77% |
Pretax Margin | -18.88% |
Profit Margin | -17.94% |
EBITDA Margin | 18.96% |
EBIT Margin | -1.77% |
FCF Margin | 11.81% |
Dividends & Yields
ICD 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 | -7.57% |
Shareholder Yield | -7.57% |
Earnings Yield | -120.45% |
FCF Yield | 79.26% |
Analyst Forecast
Price Target | n/a |
Price Target Difference | n/a |
Analyst Consensus | n/a |
Analyst Count | n/a |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on March 12, 2020. It was a reverse split with a ratio of 1:20.
Last Split Date | Mar 12, 2020 |
Split Type | Reverse |
Split Ratio | 1:20 |
Scores
ICD has an Altman Z-Score of -0.95 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | -0.95 |
Piotroski F-Score | 5 |