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Diamond Offshore Drilling Cash-to-Debt

: 0.12 (As of Mar. 2022)
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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Diamond Offshore Drilling's cash to debt ratio for the quarter that ended in Mar. 2022 was 0.12.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Diamond Offshore Drilling couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2022.

The historical rank and industry rank for Diamond Offshore Drilling's Cash-to-Debt or its related term are showing as below:

DO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12   Med: 0.12   Max: 0.12
Current: 0.12

During the past 0 years, Diamond Offshore Drilling's highest Cash to Debt Ratio was 0.12. The lowest was 0.12. And the median was 0.12.

DO's Cash-to-Debt is ranked worse than
77.98% of 1040 companies
in the Oil & Gas industry
Industry Median: 0.50 vs DO: 0.12

Diamond Offshore Drilling Cash-to-Debt Historical Data

The historical data trend for Diamond Offshore Drilling's Cash-to-Debt 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.

* Premium members only.

Diamond Offshore Drilling Annual Data
Trend
Cash-to-Debt

Diamond Offshore Drilling Semi-Annual Data
Mar21 Mar22
Cash-to-Debt N/A 0.12

Competitive Comparison

For the Oil & Gas Drilling subindustry, Diamond Offshore Drilling's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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 Cash-to-Debt Distribution

For the Oil & Gas industry and Energy sector, Diamond Offshore Drilling's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Diamond Offshore Drilling's Cash-to-Debt falls into.



Diamond Offshore Drilling Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Diamond Offshore Drilling's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Diamond Offshore Drilling's Cash to Debt Ratio for the quarter that ended in Mar. 2022 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

* 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) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Diamond Offshore Drilling Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Diamond Offshore Drilling's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Diamond Offshore Drilling Business Description

Diamond Offshore Drilling logo
Traded in Other Exchanges
N/A
Address
Website
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.
Executives
Duster Benjamin director 200 E. 84ST, 8TH FLOOR NEW YORK NY 10028
Launy Ane director 15415 KATY FREEWAY SUITE 100 HOUSTON TX 77094
Iyer Raj director 15415 KATY FREEWAY SUITE 100 HOUSTON TX 77094
Hollowell John director ONE SHELL PLAZA 910 LOUISIANA STREET HOUSTON TX 77002
Goldman Neal P director 10700 PARKRIDGE BLVD. RESTON VA 20191
Wolford Bernie G. director, officer: President and CEO DORFSTRASSE 19A 6340 BAAR V8 00000
Peakes Adam C director 13135 S. DAIRY ASHFORD, STE. 800 SUGAR LAND TX 77478
Lowe Patrick Carey director 6 CHESTERFIELD GARDENS 3RD FLOOR LONDON X0 W1J 5BQ
Savarino Dominic A officer: VP and Chief Acct/Tax Officer 757 N. ELDRIDGE PARKWAY HOUSTON TX 77079
Mcteague Peter director 15415 KATY FREEWAY SUITE 100 HOUSTON TX 77094
Howard Alan H director
Feygin Anatol director 700 MILAM STREET SUITE 1900 HOUSTON TX 77002
Kornblau Scott Lee officer: Acting Chief Financial Officer 15415 KATY FREEWAY SUITE 100 HOUSTON TX 77094
Roth Thomas officer: Senior Vice President 15415 KATY FREEWAY SUITE 100 HOUSTON TX 77094
Youngblood Kelly officer: Senior Vice President - CFO 15415 KATY FREEWAY SUITE 100 HOUSTON TX 77094
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