Diamond Net Receivables vs Other Stockholder Equity 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 Net Receivables and its Other Stockholder Equity 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.

Net Receivables vs Other Stockholder Equity

Net Receivables vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamond Offshore Drilling Net Receivables account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Diamond Offshore's Net Receivables and Other Stockholder Equity is 0.61. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Stockholder Equity 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 Net Receivables and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Diamond Offshore Drilling are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Receivables i.e., Diamond Offshore's Net Receivables and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Other Stockholder Equity

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 Expenses1.9B229.5M72.2M68.6M
Cost Of Revenue650.9M310.9M937.3M959.4M

Diamond Offshore fundamental ratios Correlations

0.80.650.650.980.960.740.960.530.720.97-0.710.60.59-0.350.90.90.760.910.950.630.690.910.420.42-0.36
0.80.680.660.810.820.990.830.450.30.81-0.510.360.54-0.440.630.70.670.780.720.450.540.640.220.42-0.39
0.650.680.910.630.530.640.690.780.350.53-0.660.610.86-0.480.340.550.580.640.610.720.780.320.50.54-0.43
0.650.660.910.620.590.630.670.830.260.58-0.740.470.77-0.330.360.540.510.650.650.570.860.350.40.4-0.27
0.980.810.630.620.930.760.990.530.660.93-0.770.60.63-0.270.890.80.820.950.870.650.710.90.450.33-0.29
0.960.820.530.590.930.770.90.450.621.0-0.60.360.44-0.350.890.890.710.870.930.40.580.920.170.39-0.36
0.740.990.640.630.760.770.790.430.160.75-0.470.270.48-0.40.550.610.610.730.640.360.510.570.160.36-0.32
0.960.830.690.670.990.90.790.580.60.9-0.80.610.69-0.270.830.750.840.960.820.670.760.840.480.34-0.26
0.530.450.780.830.530.450.430.580.220.46-0.80.410.690.020.360.340.440.50.470.50.710.320.410.08-0.11
0.720.30.350.260.660.620.160.60.220.64-0.440.660.38-0.310.720.770.60.570.760.640.350.720.460.4-0.34
0.970.810.530.580.931.00.750.90.460.64-0.610.370.45-0.350.90.890.70.860.940.410.580.930.180.39-0.36
-0.71-0.51-0.66-0.74-0.77-0.6-0.47-0.8-0.8-0.44-0.61-0.62-0.73-0.17-0.62-0.42-0.73-0.8-0.57-0.68-0.83-0.58-0.610.060.06
0.60.360.610.470.60.360.270.610.410.660.37-0.620.66-0.20.470.490.50.560.530.970.60.430.960.27-0.2
0.590.540.860.770.630.440.480.690.690.380.45-0.730.66-0.250.40.430.580.610.490.790.870.340.590.35-0.36
-0.35-0.44-0.48-0.33-0.27-0.35-0.4-0.270.02-0.31-0.35-0.17-0.2-0.25-0.04-0.52-0.22-0.24-0.45-0.25-0.22-0.120.02-0.980.36
0.90.630.340.360.890.890.550.830.360.720.9-0.620.470.4-0.040.830.650.790.850.480.470.990.320.11-0.35
0.90.70.550.540.80.890.610.750.340.770.89-0.420.490.43-0.520.830.550.70.970.520.470.840.260.56-0.54
0.760.670.580.510.820.710.610.840.440.60.7-0.730.50.58-0.220.650.550.890.610.580.560.650.350.27-0.26
0.910.780.640.650.950.870.730.960.50.570.86-0.80.560.61-0.240.790.70.890.780.620.730.80.430.31-0.26
0.950.720.610.650.870.930.640.820.470.760.94-0.570.530.49-0.450.850.970.610.780.550.60.870.330.51-0.45
0.630.450.720.570.650.40.360.670.50.640.41-0.680.970.79-0.250.480.520.580.620.550.680.430.910.33-0.28
0.690.540.780.860.710.580.510.760.710.350.58-0.830.60.87-0.220.470.470.560.730.60.680.450.550.33-0.14
0.910.640.320.350.90.920.570.840.320.720.93-0.580.430.34-0.120.990.840.650.80.870.430.450.270.18-0.32
0.420.220.50.40.450.170.160.480.410.460.18-0.610.960.590.020.320.260.350.430.330.910.550.270.05-0.04
0.420.420.540.40.330.390.360.340.080.40.390.060.270.35-0.980.110.560.270.310.510.330.330.180.05-0.33
-0.36-0.39-0.43-0.27-0.29-0.36-0.32-0.26-0.11-0.34-0.360.06-0.2-0.360.36-0.35-0.54-0.26-0.26-0.45-0.28-0.14-0.32-0.04-0.33
Click cells to compare fundamentals

Diamond Offshore Account Relationship Matchups

Diamond Offshore fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0B5.2B1.5B1.5B1.7B1.6B
Short Long Term Debt Total2.1B146.3M446.5M522.5M700.5M1.3B
Other Current Liab204.4M111.2M123.7M172.1M217.1M251.9M
Total Current Liabilities302.6M201.4M232.8M261.7M296.2M380.5M
Total Stockholder Equity3.2B2.0B767.7M679.7M644.9M612.6M
Property Plant And Equipment Net5.3B4.3B1.2B1.1B1.2B1.1B
Net Debt2.0B(284.1M)408.1M459.4M654.2M968.9M
Retained Earnings1.4B157.3M(177.3M)(280.6M)(325.3M)(309.0M)
Accounts Payable68.6M33.4M38.7M47.6M42.0M52.9M
Cash156.3M430.4M38.4M63.0M46.4M44.1M
Non Current Assets Total5.6B4.6B1.3B1.2B1.3B1.2B
Non Currrent Assets Other55.2M65.3M84.0M68.0M82.9M87.0M
Cash And Short Term Investments156.3M430.4M38.4M63.0M138.7M131.8M
Net Receivables257.2M133.5M148.2M172.1M256.9M348.6M
Common Stock Shares Outstanding137.7M138.0M100.1M100.6M101.8M107.9M
Liabilities And Stockholders Equity6.0B5.2B1.5B1.5B1.7B1.6B
Non Current Liabilities Total2.5B3.0B531.0M586.6M771.6M1.4B
Other Current Assets25.1M29.0M7.0M48.7M35.2M33.4M
Other Stockholder Equity1.8B1.8B945.0M960.2M970.1M921.6M
Total Liab2.8B3.2B763.7M848.3M1.1B1.0B
Total Current Assets456.8M605.5M271.5M318.1M435.5M860.4M
Accumulated Other Comprehensive Income(2.9B)(3.2B)(18K)0.020K21K
Short Term Debt20.0M5.1M31.9M30.4M24.4M23.2M
Common Stock1.4M1.4M1.5M10K9K8.6K
Short Term Investments35K299.8M0.092.3M83.1M78.9M
Current Deferred Revenue9.6M51.8M38.5M11.5M12.6M13.3M
Inventory18.3M12.6M78.0M34.3M4.7M4.5M
Other Assets35.2M45.5M45.2M37.6M33.9M53.8M
Long Term Debt2.0B0.0266.2M360.6M533.5M906.3M
Long Term Debt Total2.0B0.0414.6M492.0M442.8M420.7M
Capital Surpluse2.0B2.0B945.0M964.5M868.0M1.4B
Cash And Equivalents156.3M405.9M38.4M63.0M56.7M53.9M
Property Plant Equipment5.3B4.3B1.2B1.2B1.1B1.0B
Other Liab323.5M126.7M93.6M78.0M70.2M137.9M
Net Tangible Assets3.2B2.0B767.7M679.7M611.7M581.1M
Deferred Long Term Liab4M2.2M16.1M12.9M14.8M10.6M

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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 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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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.
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.