Ocean Rig UDW Financials

Ocean Rig Stock Summary

Ocean Rig competes with MACOM Technology, KLA Tencor, Silo Pharma, Kontoor Brands, and Rocky Brands. Ocean Rig UDW Inc., an offshore drilling contractor, provides oilfield services for offshore oil and gas exploration, development, and production drilling worldwide. It serves oil companies, integrated oil and gas companies, state-owned national oil companies, and independent oil and gas companies. Ocean Rig operates under Oil Gas Drilling classification in USA and is traded on BATS Exchange. It employs 1160 people.

Ocean Rig Key Financial Ratios

Generally speaking, Ocean Rig's financial ratios allow both analysts and investors to convert raw data from Ocean Rig's financial statements into concise, actionable information that can be used to evaluate the performance of Ocean Rig over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ocean Rig UDW reports annually and quarterly.

Ocean Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ocean Rig's current stock value. Our valuation model uses many indicators to compare Ocean Rig value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ocean Rig competition to find correlations between indicators driving Ocean Rig's intrinsic value. More Info.Ocean Rig UDW is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies reporting about  0.87  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ocean Rig UDW is roughly  1.15 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ocean Rig by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ocean Rig's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ocean Rig's earnings, one of the primary drivers of an investment's value.

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If you are still planning to invest in Ocean Rig UDW check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ocean Rig's history and understand the potential risks before investing.