Diamond Historical Balance Sheet From 2010 to 2024

DO Stock  USD 12.86  0.15  1.15%   
Trend analysis of Diamond Offshore Drilling balance sheet accounts such as Other Current Liabilities of 251.9 M provides information on Diamond Offshore's total assets, liabilities, and equity, which is the actual value of Diamond Offshore Drilling to its prevalent stockholders. By breaking down trends over time using Diamond Offshore balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Offshore Drilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

About Diamond Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Diamond Offshore Drilling at a specified time, usually calculated after every quarter, six months, or one year. Diamond Offshore Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Diamond Offshore and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Diamond currently owns. An asset can also be divided into two categories, current and non-current.

Diamond Offshore Balance Sheet Chart

Diamond Offshore Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Diamond Offshore Drilling uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Diamond Offshore's Net Receivables is very stable compared to the past year. As of the 19th of April 2024, Common Stock Shares Outstanding is likely to grow to about 107.9 M, while Total Assets are likely to drop about 1.6 B.

Total Assets

Total assets refers to the total amount of Diamond Offshore assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Diamond Offshore Drilling books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

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. 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.
Most indicators from Diamond Offshore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diamond Offshore Drilling current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Offshore Drilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
At this time, Diamond Offshore's Selling General Administrative is very stable compared to the past year. As of the 19th of April 2024, Sales General And Administrative To Revenue is likely to grow to 0.07, while Tax Provision is likely to drop (123.6 M).
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.9B229.5M72.2M68.6M
Cost Of Revenue650.9M310.9M937.3M959.4M

Diamond Offshore fundamental ratios Correlations

0.80.650.650.980.960.740.960.530.720.97-0.710.60.59-0.350.90.90.760.910.950.630.690.910.420.42-0.36
0.80.680.660.810.820.990.830.450.30.81-0.510.360.54-0.440.630.70.670.780.720.450.540.640.220.42-0.39
0.650.680.910.630.530.640.690.780.350.53-0.660.610.86-0.480.340.550.580.640.610.720.780.320.50.54-0.43
0.650.660.910.620.590.630.670.830.260.58-0.740.470.77-0.330.360.540.510.650.650.570.860.350.40.4-0.27
0.980.810.630.620.930.760.990.530.660.93-0.770.60.63-0.270.890.80.820.950.870.650.710.90.450.33-0.29
0.960.820.530.590.930.770.90.450.621.0-0.60.360.44-0.350.890.890.710.870.930.40.580.920.170.39-0.36
0.740.990.640.630.760.770.790.430.160.75-0.470.270.48-0.40.550.610.610.730.640.360.510.570.160.36-0.32
0.960.830.690.670.990.90.790.580.60.9-0.80.610.69-0.270.830.750.840.960.820.670.760.840.480.34-0.26
0.530.450.780.830.530.450.430.580.220.46-0.80.410.690.020.360.340.440.50.470.50.710.320.410.08-0.11
0.720.30.350.260.660.620.160.60.220.64-0.440.660.38-0.310.720.770.60.570.760.640.350.720.460.4-0.34
0.970.810.530.580.931.00.750.90.460.64-0.610.370.45-0.350.90.890.70.860.940.410.580.930.180.39-0.36
-0.71-0.51-0.66-0.74-0.77-0.6-0.47-0.8-0.8-0.44-0.61-0.62-0.73-0.17-0.62-0.42-0.73-0.8-0.57-0.68-0.83-0.58-0.610.060.06
0.60.360.610.470.60.360.270.610.410.660.37-0.620.66-0.20.470.490.50.560.530.970.60.430.960.27-0.2
0.590.540.860.770.630.440.480.690.690.380.45-0.730.66-0.250.40.430.580.610.490.790.870.340.590.35-0.36
-0.35-0.44-0.48-0.33-0.27-0.35-0.4-0.270.02-0.31-0.35-0.17-0.2-0.25-0.04-0.52-0.22-0.24-0.45-0.25-0.22-0.120.02-0.980.36
0.90.630.340.360.890.890.550.830.360.720.9-0.620.470.4-0.040.830.650.790.850.480.470.990.320.11-0.35
0.90.70.550.540.80.890.610.750.340.770.89-0.420.490.43-0.520.830.550.70.970.520.470.840.260.56-0.54
0.760.670.580.510.820.710.610.840.440.60.7-0.730.50.58-0.220.650.550.890.610.580.560.650.350.27-0.26
0.910.780.640.650.950.870.730.960.50.570.86-0.80.560.61-0.240.790.70.890.780.620.730.80.430.31-0.26
0.950.720.610.650.870.930.640.820.470.760.94-0.570.530.49-0.450.850.970.610.780.550.60.870.330.51-0.45
0.630.450.720.570.650.40.360.670.50.640.41-0.680.970.79-0.250.480.520.580.620.550.680.430.910.33-0.28
0.690.540.780.860.710.580.510.760.710.350.58-0.830.60.87-0.220.470.470.560.730.60.680.450.550.33-0.14
0.910.640.320.350.90.920.570.840.320.720.93-0.580.430.34-0.120.990.840.650.80.870.430.450.270.18-0.32
0.420.220.50.40.450.170.160.480.410.460.18-0.610.960.590.020.320.260.350.430.330.910.550.270.05-0.04
0.420.420.540.40.330.390.360.340.080.40.390.060.270.35-0.980.110.560.270.310.510.330.330.180.05-0.33
-0.36-0.39-0.43-0.27-0.29-0.36-0.32-0.26-0.11-0.34-0.360.06-0.2-0.360.36-0.35-0.54-0.26-0.26-0.45-0.28-0.14-0.32-0.04-0.33
Click cells to compare fundamentals

Diamond Offshore Account Relationship Matchups

Diamond Offshore fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0B5.2B1.5B1.5B1.7B1.6B
Short Long Term Debt Total2.1B146.3M446.5M522.5M700.5M1.3B
Other Current Liab204.4M111.2M123.7M172.1M217.1M251.9M
Total Current Liabilities302.6M201.4M232.8M261.7M296.2M380.5M
Total Stockholder Equity3.2B2.0B767.7M679.7M644.9M612.6M
Property Plant And Equipment Net5.3B4.3B1.2B1.1B1.2B1.1B
Net Debt2.0B(284.1M)408.1M459.4M654.2M968.9M
Retained Earnings1.4B157.3M(177.3M)(280.6M)(325.3M)(309.0M)
Accounts Payable68.6M33.4M38.7M47.6M42.0M52.9M
Cash156.3M430.4M38.4M63.0M46.4M44.1M
Non Current Assets Total5.6B4.6B1.3B1.2B1.3B1.2B
Non Currrent Assets Other55.2M65.3M84.0M68.0M82.9M87.0M
Cash And Short Term Investments156.3M430.4M38.4M63.0M138.7M131.8M
Net Receivables257.2M133.5M148.2M172.1M256.9M348.6M
Common Stock Shares Outstanding137.7M138.0M100.1M100.6M101.8M107.9M
Liabilities And Stockholders Equity6.0B5.2B1.5B1.5B1.7B1.6B
Non Current Liabilities Total2.5B3.0B531.0M586.6M771.6M1.4B
Other Current Assets25.1M29.0M7.0M48.7M35.2M33.4M
Other Stockholder Equity1.8B1.8B945.0M960.2M970.1M921.6M
Total Liab2.8B3.2B763.7M848.3M1.1B1.0B
Total Current Assets456.8M605.5M271.5M318.1M435.5M860.4M
Accumulated Other Comprehensive Income(2.9B)(3.2B)(18K)20K18K18.9K
Short Term Debt20.0M5.1M31.9M30.4M24.4M23.2M
Common Stock1.4M1.4M1.5M10K9K8.6K
Short Term Investments35K299.8M0.092.3M83.1M78.9M
Current Deferred Revenue9.6M51.8M38.5M11.5M12.6M13.3M
Inventory18.3M12.6M78.0M34.3M4.7M4.5M
Other Assets35.2M45.5M45.2M37.6M33.9M53.8M
Long Term Debt2.0B0.0266.2M360.6M533.5M906.3M
Long Term Debt Total2.0B0.0414.6M492.0M442.8M420.7M
Capital Surpluse2.0B2.0B945.0M964.5M868.0M1.4B
Cash And Equivalents156.3M405.9M38.4M63.0M56.7M53.9M
Property Plant Equipment5.3B4.3B1.2B1.2B1.1B1.0B
Other Liab323.5M126.7M93.6M78.0M70.2M137.9M
Net Tangible Assets3.2B2.0B767.7M679.7M611.7M581.1M
Deferred Long Term Liab4M2.2M16.1M12.9M14.8M10.6M

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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Offshore Drilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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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.