Diamond Total Current Liabilities from 2010 to 2024

DO Stock  USD 12.86  0.15  1.15%   
Diamond Offshore Total Current Liabilities yearly trend continues to be very stable with very little volatility. Total Current Liabilities is likely to grow to about 380.5 M this year. Total Current Liabilities is the total amount of liabilities that Diamond Offshore Drilling is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
1996-06-30
Previous Quarter
261.5 M
Current Value
296.1 M
Quarterly Volatility
316.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Diamond Offshore financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Diamond main balance sheet or income statement drivers, such as Depreciation And Amortization of 105.7 M, Interest Expense of 47.2 M or Selling General Administrative of 88.9 M, as well as many exotic indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0 or PTB Ratio of 2.16. Diamond financial statements analysis is a perfect complement when working with Diamond Offshore Valuation or Volatility modules.
  
This module can also supplement various Diamond Offshore Technical models . Check out the analysis of Diamond Offshore Correlation against competitors.

Latest Diamond Offshore's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Diamond Offshore Drilling over the last few years. Total Current Liabilities is an item on Diamond Offshore balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Diamond Offshore Drilling are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Diamond Offshore's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Diamond Offshore's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Diamond Total Current Liabilities Regression Statistics

Arithmetic Mean382,964,415
Geometric Mean336,396,479
Coefficient Of Variation55.18
Mean Deviation163,453,457
Median302,594,000
Standard Deviation211,310,947
Sample Variance44652.3T
Range728.6M
R-Value(0.37)
Mean Square Error41476.6T
R-Squared0.14
Significance0.17
Slope(17,518,969)
Total Sum of Squares625132.4T

Diamond Total Current Liabilities History

2024380.5 M
2023296.1 M
2022261.7 M
2021232.8 M
2020201.4 M
2019302.6 M
2018236.8 M

About Diamond Offshore Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Diamond Offshore income statement, its balance sheet, and the statement of cash flows. Diamond Offshore investors use historical funamental indicators, such as Diamond Offshore's Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although Diamond Offshore investors may use each financial statement separately, they are all related. The changes in Diamond Offshore's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Diamond Offshore's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Diamond Offshore Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Diamond Offshore. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Liabilities296.1 M380.5 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Diamond Offshore in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Diamond Offshore's short interest history, or implied volatility extrapolated from Diamond Offshore options trading.

Pair Trading with Diamond Offshore

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Diamond Offshore position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Diamond Offshore will appreciate offsetting losses from the drop in the long position's value.

Moving together with Diamond Stock

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Moving against Diamond Stock

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The ability to find closely correlated positions to Diamond Offshore could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diamond Offshore when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Diamond Offshore - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Diamond Offshore Drilling to buy it.
The correlation of Diamond Offshore is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Diamond Offshore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diamond Offshore Drilling moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Diamond Offshore can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Diamond Offshore Drilling offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Diamond Offshore's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Diamond Offshore Drilling Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Diamond Offshore Drilling Stock:
Check out the analysis of Diamond Offshore Correlation against competitors.
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When running Diamond Offshore's price analysis, check to measure Diamond Offshore's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Diamond Offshore is operating at the current time. Most of Diamond Offshore's value examination focuses on studying past and present price action to predict the probability of Diamond Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamond Offshore's price. Additionally, you may evaluate how the addition of Diamond Offshore to your portfolios can decrease your overall portfolio volatility.
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Is Diamond Offshore's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamond Offshore. If investors know Diamond will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamond Offshore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.44)
Revenue Per Share
9.662
Quarterly Revenue Growth
0.346
Return On Assets
0.018
Return On Equity
(0.07)
The market value of Diamond Offshore Drilling is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Offshore's value that differs from its market value or its book value, called intrinsic value, which is Diamond Offshore's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamond Offshore's market value can be influenced by many factors that don't directly affect Diamond Offshore's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diamond Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Offshore's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.