VTDRF (Vantage Drilling International) Net Cash per Share: $-18.59 (As of Dec. 2022)

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VTDRF Vantage Drilling International Ltd VTDRF
8 GF Score
Price $18.50
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What is Vantage Drilling International Net Cash per Share?

Vantage Drilling International VTDRF 8 Net Cash per Share is $-18.59 as of Dec. 2022. GuruFocus rates VTDRF with a GF Score™ of 8/100. Among 131 Oil & Gas companies, Vantage Drilling International ranks worse than 763358.02% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Vantage Drilling International's Net Cash per Share for the quarter that ended in Dec. 2022 was $-18.59.

The historical rank and industry rank for Vantage Drilling International's Net Cash per Share or its related term are showing as below:

VTDRF's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 7.82
* Ranked among companies with meaningful Price-to-Net-Cash only.

Vantage Drilling International  (OTCPK:VTDRF) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Vantage Drilling International Net Cash per Share Related Terms


Vantage Drilling International Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Vantage Drilling International's Net Cash per Share 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.

Vantage Drilling International Net Cash per Share Chart

Vantage Drilling International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -193.86 -36.45 -20.56 -27.60 -18.59

Vantage Drilling International Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -193.86 -36.45 -20.56 -27.60 -18.59

VTDRF vs SOC, NBR, NE: Net Cash per Share Comparison

For the Oil & Gas Drilling subindustry, Vantage Drilling International's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


Vantage Drilling International Price-to-Net-Cash vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vantage Drilling International's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Vantage Drilling International's Price-to-Net-Cash falls into.


VTDRF
8GF Score
Vantage Drilling International Ltd VTDRF
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Vantage Drilling International Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Vantage Drilling International's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(74.026-316.062-1.77)/13.115
=-18.59

Vantage Drilling International's Net Cash per Share for the quarter that ended in Dec. 2022 is calculated as

Net Cash per Share (Q: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(74.026-316.062-1.77)/13.115
=-18.59

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $-18.59 mean?
Vantage Drilling International (VTDRF) has a Net Cash per Share of $-18.59 as of Dec. 2022. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Vantage Drilling International and its competitors. According to the industry distribution chart, Vantage Drilling International ranks #999999 out of 131 companies in the Oil & Gas industry.
Is Vantage Drilling International's Net Cash per Share too high?
Vantage Drilling International's current Net Cash per Share is $-18.59. Based on the distribution chart, Vantage Drilling International ranks #999999 out of 131 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Vantage Drilling International has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Vantage Drilling International's Net Cash per Share compare to SOC and NBR?
According to the Oil & Gas industry distribution chart, Vantage Drilling International ranks #999999 out of 131 companies for Net Cash per Share. This places Vantage Drilling International in the lower half of its industry. The industry median Net Cash per Share is 7.82. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Oil & Gas company?
The median Net Cash per Share among Oil & Gas companies is 7.82, based on 131 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Vantage Drilling International and its competitors. For the Oil & Gas industry, the median Net Cash per Share is 7.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vantage Drilling International's current Net Cash per Share is $-18.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vantage Drilling International stock overvalued right now?
Vantage Drilling International (VTDRF) has a current Net Cash per Share of $-18.59. The current Net Cash per Share is $-18.59. Vantage Drilling International's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Vantage Drilling International (VTDRF), the current Net Cash per Share is $-18.59 as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vantage Drilling International Business Description

Industry EnergyOil & Gas
Other Exchanges VDI:Norway
Address 777 Post Oak Boulevard, Suite 440, Houston, TX, USA, 77056
Vantage Drilling International Ltd is an international offshore drilling company engaged in providing contract drilling services and related support services. The company operates through two segments: Drilling Services, which includes activities related to owned rigs, and Managed Services, which involves managing and supporting rigs owned by third parties. It mainly provides offshore drilling services to oil and gas companies in international markets.
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$18.50
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