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Diamond Offshore Drilling Debt-to-EBITDA

: -59.53 (As of Mar. 2022)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Diamond Offshore Drilling's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $29.5 Mil. Diamond Offshore Drilling's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $430.6 Mil. Diamond Offshore Drilling's annualized EBITDA for the quarter that ended in Mar. 2022 was $-7.7 Mil. Diamond Offshore Drilling's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 was -59.53.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

DO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -59.53   Med: 0   Max: 0
Current: -59.53

DO's Debt-to-EBITDA is ranked worse than
100% of 710 companies
in the Oil & Gas industry
Industry Median: 2.20 vs DO: -59.53

Diamond Offshore Drilling Debt-to-EBITDA Historical Data

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

Diamond Offshore Drilling Semi-Annual Data
Mar21 Mar22
Debt-to-EBITDA - -59.53

Competitive Comparison

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

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

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



Diamond Offshore Drilling Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Diamond Offshore Drilling's Debt-to-EBITDA for the fiscal year that ended in . 20 is calculated as

Diamond Offshore Drilling's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(29.547 + 430.618) / -7.73
=-59.53

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is one times the quarterly (Mar. 2022) EBITDA data.


Diamond Offshore Drilling  (NYSE:DO) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Diamond Offshore Drilling Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Diamond Offshore Drilling's Debt-to-EBITDA 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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