Diamond Accounts Payable vs Non Current Liabilities Total Analysis
DO Stock | USD 14.48 0.01 0.07% |
Diamond Offshore financial indicator trend analysis is much more than just examining Diamond Offshore Drilling latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diamond Offshore Drilling is a good investment. Please check the relationship between Diamond Offshore Accounts Payable and its Non Current Liabilities Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Offshore Drilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
Accounts Payable vs Non Current Liabilities Total
Accounts Payable vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamond Offshore Drilling Accounts Payable account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Diamond Offshore's Accounts Payable and Non Current Liabilities Total is 0.34. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Diamond Offshore Drilling, assuming nothing else is changed. The correlation between historical values of Diamond Offshore's Accounts Payable and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Diamond Offshore Drilling are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Accounts Payable i.e., Diamond Offshore's Accounts Payable and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Diamond Offshore obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Diamond Offshore Drilling are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Non Current Liabilities Total
Most indicators from Diamond Offshore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diamond Offshore Drilling current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Offshore Drilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. At this time, Diamond Offshore's Selling General Administrative is very stable compared to the past year. As of the 28th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.07, while Tax Provision is likely to drop (123.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 1.9B | 229.5M | 72.2M | 68.6M | Cost Of Revenue | 650.9M | 310.9M | 937.3M | 959.4M |
Diamond Offshore fundamental ratios Correlations
Click cells to compare fundamentals
Diamond Offshore Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Diamond Offshore fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.0B | 5.2B | 1.5B | 1.5B | 1.7B | 1.6B | |
Short Long Term Debt Total | 2.1B | 146.3M | 446.5M | 522.5M | 700.5M | 1.3B | |
Other Current Liab | 204.4M | 111.2M | 123.7M | 172.1M | 217.1M | 251.9M | |
Total Current Liabilities | 302.6M | 201.4M | 232.8M | 261.7M | 296.2M | 380.5M | |
Total Stockholder Equity | 3.2B | 2.0B | 767.7M | 679.7M | 644.9M | 612.6M | |
Property Plant And Equipment Net | 5.3B | 4.3B | 1.2B | 1.1B | 1.2B | 1.1B | |
Net Debt | 2.0B | (284.1M) | 408.1M | 459.4M | 654.2M | 968.9M | |
Retained Earnings | 1.4B | 157.3M | (177.3M) | (280.6M) | (325.3M) | (309.0M) | |
Accounts Payable | 68.6M | 33.4M | 38.7M | 47.6M | 42.0M | 52.9M | |
Cash | 156.3M | 430.4M | 38.4M | 63.0M | 46.4M | 44.1M | |
Non Current Assets Total | 5.6B | 4.6B | 1.3B | 1.2B | 1.3B | 1.2B | |
Non Currrent Assets Other | 55.2M | 65.3M | 84.0M | 68.0M | 82.9M | 87.0M | |
Cash And Short Term Investments | 156.3M | 430.4M | 38.4M | 63.0M | 138.7M | 131.8M | |
Net Receivables | 257.2M | 133.5M | 148.2M | 172.1M | 256.9M | 348.6M | |
Common Stock Shares Outstanding | 137.7M | 138.0M | 100.1M | 100.6M | 101.8M | 107.9M | |
Liabilities And Stockholders Equity | 6.0B | 5.2B | 1.5B | 1.5B | 1.7B | 1.6B | |
Non Current Liabilities Total | 2.5B | 3.0B | 531.0M | 586.6M | 771.6M | 1.4B | |
Other Current Assets | 25.1M | 29.0M | 7.0M | 48.7M | 35.2M | 33.4M | |
Other Stockholder Equity | 1.8B | 1.8B | 945.0M | 960.2M | 970.1M | 921.6M | |
Total Liab | 2.8B | 3.2B | 763.7M | 848.3M | 1.1B | 1.0B | |
Total Current Assets | 456.8M | 605.5M | 271.5M | 318.1M | 435.5M | 860.4M | |
Accumulated Other Comprehensive Income | (2.9B) | (3.2B) | (18K) | 0.0 | 20K | 21K | |
Short Term Debt | 20.0M | 5.1M | 31.9M | 30.4M | 24.4M | 23.2M | |
Common Stock | 1.4M | 1.4M | 1.5M | 10K | 9K | 8.6K | |
Short Term Investments | 35K | 299.8M | 0.0 | 92.3M | 83.1M | 78.9M | |
Current Deferred Revenue | 9.6M | 51.8M | 38.5M | 11.5M | 12.6M | 13.3M | |
Inventory | 18.3M | 12.6M | 78.0M | 34.3M | 4.7M | 4.5M | |
Other Assets | 35.2M | 45.5M | 45.2M | 37.6M | 33.9M | 53.8M | |
Long Term Debt | 2.0B | 0.0 | 266.2M | 360.6M | 533.5M | 906.3M | |
Long Term Debt Total | 2.0B | 0.0 | 414.6M | 492.0M | 442.8M | 420.7M | |
Capital Surpluse | 2.0B | 2.0B | 945.0M | 964.5M | 868.0M | 1.4B | |
Cash And Equivalents | 156.3M | 405.9M | 38.4M | 63.0M | 56.7M | 53.9M | |
Property Plant Equipment | 5.3B | 4.3B | 1.2B | 1.2B | 1.1B | 1.0B | |
Other Liab | 323.5M | 126.7M | 93.6M | 78.0M | 70.2M | 137.9M | |
Net Tangible Assets | 3.2B | 2.0B | 767.7M | 679.7M | 611.7M | 581.1M | |
Deferred Long Term Liab | 4M | 2.2M | 16.1M | 12.9M | 14.8M | 10.6M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Offshore Drilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Diamond Stock analysis
When running Diamond Offshore's price analysis, check to measure Diamond Offshore's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Diamond Offshore is operating at the current time. Most of Diamond Offshore's value examination focuses on studying past and present price action to predict the probability of Diamond Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamond Offshore's price. Additionally, you may evaluate how the addition of Diamond Offshore to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |
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.
Quarterly Earnings Growth 0.571 | Earnings Share (0.40) | Revenue Per Share 10.07 | Quarterly Revenue Growth 0.207 | Return On Assets 0.0305 |
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.