Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Diamond Offshore Drilling's share price for the quarter that ended in Dec. 2023 was $13. Diamond Offshore Drilling's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 102 Mil. Therefore, Diamond Offshore Drilling's market cap for the quarter that ended in Dec. 2023 was $1,330 Mil.
Diamond Offshore Drilling's quarterly market cap
increased
from Jun. 2023 ($1,448 Mil) to Sep. 2023 ($1,502 Mil) but then
declined
from Sep. 2023 ($1,502 Mil) to Dec. 2023 ($1,330 Mil).
Diamond Offshore Drilling's annual market cap
increased
from Dec. 2021 ($0 Mil) to Dec. 2022 ($1,054 Mil) and
increased
from Dec. 2022 ($1,054 Mil) to Dec. 2023 ($1,330 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Diamond Offshore Drilling's Enterprise Value for Today is $1,938 Mil.
Diamond Offshore Drilling Market Cap Historical Data
The historical data trend for Diamond Offshore Drilling's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Diamond Offshore Drilling's Market Cap
For the Oil & Gas Drilling subindustry, Diamond Offshore Drilling's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Diamond Offshore Drilling's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Diamond Offshore Drilling's Market Cap distribution charts can be found below:
* The bar in red indicates where Diamond Offshore Drilling's Market Cap falls into.
Diamond Offshore Drilling Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Diamond Offshore Drilling's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Diamond Offshore Drilling (NYSE:DO) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Diamond Offshore Drilling Market Cap Related Terms
Thank you for viewing the detailed overview of Diamond Offshore Drilling's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Diamond Offshore Drilling (Diamond Offshore Drilling) Business Description
Diamond Offshore Drilling Inc is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a total fleet of 12 offshore drilling rigs, consisting of eight semisubmersibles and four dynamically positioned drillships.
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