Diamond Financial Statements From 2010 to 2024

DO Stock  USD 13.64  0.20  1.49%   
Diamond Offshore financial statements provide useful quarterly and yearly information to potential Diamond Offshore Drilling investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Diamond Offshore financial statements helps investors assess Diamond Offshore's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Diamond Offshore's valuation are summarized below:
Gross Profit
162.5 M
Profit Margin
(0.05)
Market Capitalization
1.4 B
Enterprise Value Revenue
1.8215
Revenue
984 M
We have found one hundred twenty available fundamental signals for Diamond Offshore Drilling, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify Diamond Offshore's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road.
Check Diamond Offshore financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Diamond main balance sheet or income statement drivers, such as Depreciation And Amortization of 105.7 M, Interest Expense of 47.2 M or Selling General Administrative of 88.9 M, as well as many exotic indicators such as Short Term Coverage Ratios of 0.46, Price To Sales Ratio of 0.97 or Dividend Yield of 0.0. Diamond financial statements analysis is a perfect complement when working with Diamond Offshore Valuation or Volatility modules.
  
This module can also supplement various Diamond Offshore Technical models . Check out the analysis of Diamond Offshore Correlation against competitors.

Diamond Offshore Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.6 B1.7 BB
Slightly volatile
Short and Long Term Debt Total1.3 B700.5 M1.4 B
Slightly volatile
Other Current Liabilities251.9 M217.1 M221.6 M
Slightly volatile
Total Current Liabilities380.5 M296.1 M383 M
Slightly volatile
Total Stockholder Equity612.6 M644.9 M2.8 B
Slightly volatile
Property Plant And Equipment Net1.1 B1.2 BB
Slightly volatile
Accounts Payable52.9 M42 M61.5 M
Slightly volatile
Cash44.1 M46.4 M190.8 M
Slightly volatile
Non Current Assets Total1.2 B1.3 B4.2 B
Slightly volatile
Cash And Short Term Investments131.8 M138.7 M479.2 M
Slightly volatile
Net Receivables348.6 M256.9 M294 M
Slightly volatile
Good Will9.5 M10 M18.8 M
Slightly volatile
Common Stock Shares Outstanding106.9 M101.8 M125 M
Slightly volatile
Liabilities And Stockholders Equity1.6 B1.7 BB
Slightly volatile
Non Current Liabilities Total1.4 B771.6 M1.9 B
Pretty Stable
Other Current Assets33.4 M35.2 M112.6 M
Slightly volatile
Other Stockholder Equity921.6 M970.1 M3.4 B
Slightly volatile
Total LiabilitiesB1.1 B2.2 B
Slightly volatile
Total Current Assets860.4 M435.5 M918.8 M
Slightly volatile
Common Stock8.6 KKM
Slightly volatile
Inventory4.5 M4.7 M24.1 M
Very volatile
Other Assets53.8 M33.9 M92.9 M
Slightly volatile
Capital Surpluse1.4 B868 M1.8 B
Slightly volatile
Cash And Equivalents53.9 M56.7 M159.9 M
Pretty Stable
Property Plant EquipmentB1.1 B4.3 B
Slightly volatile
Other Liabilities137.9 M70.2 M199.5 M
Slightly volatile
Net Tangible Assets581.1 M611.7 M2.7 B
Slightly volatile
Deferred Long Term Liabilities10.6 M14.8 M11.9 M
Pretty Stable
Capital Lease Obligations119.8 M137.6 M170.1 M
Slightly volatile
Net Invested Capital943.4 M1.2 B992.7 M
Pretty Stable
Property Plant And Equipment Gross1.5 B1.4 B1.3 B
Slightly volatile
Capital StockKK9.8 K
Slightly volatile
Non Current Liabilities Other86 M113.9 M111.4 M
Slightly volatile
Net Working Capital94 M161.3 M51.8 M
Slightly volatile

Diamond Offshore Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization105.7 M111.3 M295 M
Slightly volatile
Selling General Administrative88.9 M72.2 M119.2 M
Slightly volatile
Total Revenue1.8 B1.1 B1.7 B
Slightly volatile
Other Operating Expenses1.4 BB1.5 B
Slightly volatile
Cost Of Revenue959.4 M937.3 M993.2 M
Slightly volatile
Total Operating Expenses68.6 M72.2 M575.2 M
Very volatile
Interest Income170.1 K179 K77.4 M
Slightly volatile
Reconciled Depreciation141.8 M108.4 M265.2 M
Slightly volatile
Selling And Marketing Expenses6.4 M7.2 M7.8 M
Slightly volatile

Diamond Offshore Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow92.5 M97.3 M224.6 M
Slightly volatile
Depreciation105.7 M111.3 M295 M
Slightly volatile
Capital Expenditures124.9 M131.4 M500.2 M
Slightly volatile
End Period Cash Flow44.1 M46.4 M194.7 M
Slightly volatile
Dividends Paid38.2 K40.2 K168.9 M
Slightly volatile
Stock Based Compensation7.5 M14.1 M7.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.971.25350.8794
Slightly volatile
Dividend Yield0.00.00.1712
Slightly volatile
Operating Cycle65.5390.608280.2713
Slightly volatile
Price Book Value Ratio2.162.05310.6665
Slightly volatile
Days Of Payables Outstanding15.5516.370725.9054
Pretty Stable
Inventory Turnover21020070.578
Slightly volatile
Payables Turnover11.9222.295916.6804
Very volatile
Company Equity Multiplier1.42.65571.8445
Slightly volatile
Long Term Debt To Capitalization0.240.45280.3301
Slightly volatile
Cash Per Share1.291.36183.6039
Slightly volatile
Total Debt To Capitalization0.250.46390.3404
Slightly volatile
Debt Equity Ratio0.910.86520.5953
Slightly volatile
Quick Ratio1.271.33581.9886
Slightly volatile
Cash Ratio0.150.15660.5853
Very volatile
Cash Conversion Cycle40.0774.237553.7052
Slightly volatile
Days Of Inventory Outstanding1.741.82811.3974
Pretty Stable
Days Of Sales Outstanding84.2188.780275.1487
Slightly volatile
Price To Book Ratio2.162.05310.6665
Slightly volatile
Current Ratio1.41.47042.3509
Slightly volatile
Fixed Asset Turnover0.570.88440.4464
Very volatile
Debt Ratio0.220.32580.2876
Slightly volatile
Price Sales Ratio0.971.25350.8794
Slightly volatile
Receivables Turnover4.064.11135.311
Slightly volatile
Asset Turnover0.430.61670.3377
Very volatile
Price Fair Value2.162.05310.6665
Slightly volatile

Diamond Fundamental Market Drivers

Forward Price Earnings24.4499
Cash And Short Term Investments138.7 M

Diamond Upcoming Events

26th of February 2024
Upcoming Quarterly Report
View
13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Diamond Offshore Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Diamond Offshore income statement, its balance sheet, and the statement of cash flows. Diamond Offshore investors use historical funamental indicators, such as Diamond Offshore's revenue or net income, to determine how well the company is positioned to perform in the future. Although Diamond Offshore investors may use each financial statement separately, they are all related. The changes in Diamond Offshore's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Diamond Offshore's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Diamond Offshore Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Diamond Offshore. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue12.6 M13.3 M
Total Revenue1.1 B1.8 B
Cost Of Revenue937.3 M959.4 M
Ebit Per Revenue 0.04  0.04 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Diamond Offshore in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Diamond Offshore's short interest history, or implied volatility extrapolated from Diamond Offshore options trading.

Pair Trading with Diamond Offshore

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Diamond Offshore position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Diamond Offshore will appreciate offsetting losses from the drop in the long position's value.

Moving together with Diamond Stock

  0.88NE Noble Plc Financial Report 1st of May 2024 PairCorr
  0.66NBR Nabors Industries Financial Report 22nd of April 2024 PairCorr
The ability to find closely correlated positions to Diamond Offshore could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diamond Offshore when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Diamond Offshore - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Diamond Offshore Drilling to buy it.
The correlation of Diamond Offshore is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Diamond Offshore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diamond Offshore Drilling moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Diamond Offshore can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Diamond Offshore Drilling offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Diamond Offshore's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Diamond Offshore Drilling Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Diamond Offshore Drilling Stock:
Check out the analysis of Diamond Offshore Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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Is Diamond Offshore's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamond Offshore. If investors know Diamond will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamond Offshore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.44)
Revenue Per Share
9.662
Quarterly Revenue Growth
0.346
Return On Assets
0.018
Return On Equity
(0.07)
The market value of Diamond Offshore Drilling is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Offshore's value that differs from its market value or its book value, called intrinsic value, which is Diamond Offshore's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamond Offshore's market value can be influenced by many factors that don't directly affect Diamond Offshore's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diamond Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Offshore's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.