Diamond Investments vs Free Cash Flow Analysis

DO Stock

USD 14.83 0.10 0.68%

Diamond Offshore financial indicator trend analysis is much more than just examining Diamond Offshore Drilling latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diamond Offshore Drilling is a good investment. Please check the relationship between Diamond Offshore Investments and its Free Cash Flow accounts. 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.

Investments vs Free Cash Flow

Investments vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamond Offshore Drilling Investments account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Diamond Offshore's Investments and Free Cash Flow is -0.3. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Diamond Offshore Drilling, assuming nothing else is changed. The correlation between historical values of Diamond Offshore's Investments and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Diamond Offshore Drilling are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Investments i.e., Diamond Offshore's Investments and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.3

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

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 18th of May 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 Expenses	1.9B	229.5M	72.2M	68.6M
Cost Of Revenue	650.9M	310.9M	937.3M	959.4M

Total Operating Expenses Cost Of Revenue

Diamond Offshore fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments	Current Deferred Revenue	Inventory
Total Assets		0.8	0.65	0.65	0.98	0.96	0.74	0.96	0.53	0.72	0.97	-0.71	0.6	0.59	-0.35	0.9	0.9	0.76	0.91	0.95	0.63	0.69	0.91	0.42	0.42	-0.36
Short Long Term Debt Total	0.8		0.68	0.66	0.81	0.82	0.99	0.83	0.45	0.3	0.81	-0.51	0.36	0.54	-0.44	0.63	0.7	0.67	0.78	0.72	0.45	0.54	0.64	0.22	0.42	-0.39
Other Current Liab	0.65	0.68		0.91	0.63	0.53	0.64	0.69	0.78	0.35	0.53	-0.66	0.61	0.86	-0.48	0.34	0.55	0.58	0.64	0.61	0.72	0.78	0.32	0.5	0.54	-0.43
Total Current Liabilities	0.65	0.66	0.91		0.62	0.59	0.63	0.67	0.83	0.26	0.58	-0.74	0.47	0.77	-0.33	0.36	0.54	0.51	0.65	0.65	0.57	0.86	0.35	0.4	0.4	-0.27
Total Stockholder Equity	0.98	0.81	0.63	0.62		0.93	0.76	0.99	0.53	0.66	0.93	-0.77	0.6	0.63	-0.27	0.89	0.8	0.82	0.95	0.87	0.65	0.71	0.9	0.45	0.33	-0.29
Property Plant And Equipment Net	0.96	0.82	0.53	0.59	0.93		0.77	0.9	0.45	0.62	1.0	-0.6	0.36	0.44	-0.35	0.89	0.89	0.71	0.87	0.93	0.4	0.58	0.92	0.17	0.39	-0.36
Net Debt	0.74	0.99	0.64	0.63	0.76	0.77		0.79	0.43	0.16	0.75	-0.47	0.27	0.48	-0.4	0.55	0.61	0.61	0.73	0.64	0.36	0.51	0.57	0.16	0.36	-0.32
Retained Earnings	0.96	0.83	0.69	0.67	0.99	0.9	0.79		0.58	0.6	0.9	-0.8	0.61	0.69	-0.27	0.83	0.75	0.84	0.96	0.82	0.67	0.76	0.84	0.48	0.34	-0.26
Accounts Payable	0.53	0.45	0.78	0.83	0.53	0.45	0.43	0.58		0.22	0.46	-0.8	0.41	0.69	0.02	0.36	0.34	0.44	0.5	0.47	0.5	0.71	0.32	0.41	0.08	-0.11
Cash	0.72	0.3	0.35	0.26	0.66	0.62	0.16	0.6	0.22		0.64	-0.44	0.66	0.38	-0.31	0.72	0.77	0.6	0.57	0.76	0.64	0.35	0.72	0.46	0.4	-0.34
Non Current Assets Total	0.97	0.81	0.53	0.58	0.93	1.0	0.75	0.9	0.46	0.64		-0.61	0.37	0.45	-0.35	0.9	0.89	0.7	0.86	0.94	0.41	0.58	0.93	0.18	0.39	-0.36
Non Currrent Assets Other	-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	-0.61	0.06	0.06
Cash And Short Term Investments	0.6	0.36	0.61	0.47	0.6	0.36	0.27	0.61	0.41	0.66	0.37	-0.62		0.66	-0.2	0.47	0.49	0.5	0.56	0.53	0.97	0.6	0.43	0.96	0.27	-0.2
Net Receivables	0.59	0.54	0.86	0.77	0.63	0.44	0.48	0.69	0.69	0.38	0.45	-0.73	0.66		-0.25	0.4	0.43	0.58	0.61	0.49	0.79	0.87	0.34	0.59	0.35	-0.36
Good Will	-0.35	-0.44	-0.48	-0.33	-0.27	-0.35	-0.4	-0.27	0.02	-0.31	-0.35	-0.17	-0.2	-0.25		-0.04	-0.52	-0.22	-0.24	-0.45	-0.25	-0.22	-0.12	0.02	-0.98	0.36
Common Stock Shares Outstanding	0.9	0.63	0.34	0.36	0.89	0.89	0.55	0.83	0.36	0.72	0.9	-0.62	0.47	0.4	-0.04		0.83	0.65	0.79	0.85	0.48	0.47	0.99	0.32	0.11	-0.35
Non Current Liabilities Total	0.9	0.7	0.55	0.54	0.8	0.89	0.61	0.75	0.34	0.77	0.89	-0.42	0.49	0.43	-0.52	0.83		0.55	0.7	0.97	0.52	0.47	0.84	0.26	0.56	-0.54
Other Current Assets	0.76	0.67	0.58	0.51	0.82	0.71	0.61	0.84	0.44	0.6	0.7	-0.73	0.5	0.58	-0.22	0.65	0.55		0.89	0.61	0.58	0.56	0.65	0.35	0.27	-0.26
Other Stockholder Equity	0.91	0.78	0.64	0.65	0.95	0.87	0.73	0.96	0.5	0.57	0.86	-0.8	0.56	0.61	-0.24	0.79	0.7	0.89		0.78	0.62	0.73	0.8	0.43	0.31	-0.26
Total Liab	0.95	0.72	0.61	0.65	0.87	0.93	0.64	0.82	0.47	0.76	0.94	-0.57	0.53	0.49	-0.45	0.85	0.97	0.61	0.78		0.55	0.6	0.87	0.33	0.51	-0.45
Total Current Assets	0.63	0.45	0.72	0.57	0.65	0.4	0.36	0.67	0.5	0.64	0.41	-0.68	0.97	0.79	-0.25	0.48	0.52	0.58	0.62	0.55		0.68	0.43	0.91	0.33	-0.28
Short Term Debt	0.69	0.54	0.78	0.86	0.71	0.58	0.51	0.76	0.71	0.35	0.58	-0.83	0.6	0.87	-0.22	0.47	0.47	0.56	0.73	0.6	0.68		0.45	0.55	0.33	-0.14
Common Stock	0.91	0.64	0.32	0.35	0.9	0.92	0.57	0.84	0.32	0.72	0.93	-0.58	0.43	0.34	-0.12	0.99	0.84	0.65	0.8	0.87	0.43	0.45		0.27	0.18	-0.32
Short Term Investments	0.42	0.22	0.5	0.4	0.45	0.17	0.16	0.48	0.41	0.46	0.18	-0.61	0.96	0.59	0.02	0.32	0.26	0.35	0.43	0.33	0.91	0.55	0.27		0.05	-0.04
Current Deferred Revenue	0.42	0.42	0.54	0.4	0.33	0.39	0.36	0.34	0.08	0.4	0.39	0.06	0.27	0.35	-0.98	0.11	0.56	0.27	0.31	0.51	0.33	0.33	0.18	0.05		-0.33
Inventory	-0.36	-0.39	-0.43	-0.27	-0.29	-0.36	-0.32	-0.26	-0.11	-0.34	-0.36	0.06	-0.2	-0.36	0.36	-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

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.0B	5.2B	1.5B	1.5B	1.7B	1.6B
Short Long Term Debt Total	2.1B	146.3M	446.5M	522.5M	700.5M	1.3B
Other Current Liab	204.4M	111.2M	123.7M	172.1M	217.1M	251.9M
Total Current Liabilities	302.6M	201.4M	232.8M	261.7M	296.2M	380.5M
Total Stockholder Equity	3.2B	2.0B	767.7M	679.7M	644.9M	612.6M
Property Plant And Equipment Net	5.3B	4.3B	1.2B	1.1B	1.2B	1.1B
Net Debt	2.0B	(284.1M)	408.1M	459.4M	654.2M	968.9M
Retained Earnings	1.4B	157.3M	(177.3M)	(280.6M)	(325.3M)	(309.0M)
Accounts Payable	68.6M	33.4M	38.7M	47.6M	42.0M	52.9M
Cash	156.3M	430.4M	38.4M	63.0M	46.4M	44.1M
Non Current Assets Total	5.6B	4.6B	1.3B	1.2B	1.3B	1.2B
Non Currrent Assets Other	55.2M	65.3M	84.0M	68.0M	82.9M	87.0M
Cash And Short Term Investments	156.3M	430.4M	38.4M	63.0M	138.7M	131.8M
Net Receivables	257.2M	133.5M	148.2M	172.1M	256.9M	348.6M
Common Stock Shares Outstanding	137.7M	138.0M	100.1M	100.6M	101.8M	107.9M
Liabilities And Stockholders Equity	6.0B	5.2B	1.5B	1.5B	1.7B	1.6B
Non Current Liabilities Total	2.5B	3.0B	531.0M	586.6M	771.6M	1.4B
Other Current Assets	25.1M	29.0M	7.0M	48.7M	35.2M	33.4M
Other Stockholder Equity	1.8B	1.8B	945.0M	960.2M	970.1M	921.6M
Total Liab	2.8B	3.2B	763.7M	848.3M	1.1B	1.0B
Total Current Assets	456.8M	605.5M	271.5M	318.1M	435.5M	860.4M
Accumulated Other Comprehensive Income	(2.9B)	(3.2B)	(18K)	0.0	20K	21K
Short Term Debt	20.0M	5.1M	31.9M	30.4M	24.4M	23.2M
Common Stock	1.4M	1.4M	1.5M	10K	9K	8.6K
Short Term Investments	35K	299.8M	0.0	92.3M	83.1M	78.9M
Current Deferred Revenue	9.6M	51.8M	38.5M	11.5M	12.6M	13.3M
Inventory	18.3M	12.6M	78.0M	34.3M	4.7M	4.5M
Other Assets	35.2M	45.5M	45.2M	37.6M	33.9M	53.8M
Long Term Debt	2.0B	0.0	266.2M	360.6M	533.5M	906.3M
Long Term Debt Total	2.0B	0.0	414.6M	492.0M	442.8M	420.7M
Capital Surpluse	2.0B	2.0B	945.0M	964.5M	868.0M	1.4B
Cash And Equivalents	156.3M	405.9M	38.4M	63.0M	56.7M	53.9M
Property Plant Equipment	5.3B	4.3B	1.2B	1.2B	1.1B	1.0B
Other Liab	323.5M	126.7M	93.6M	78.0M	70.2M	137.9M
Net Tangible Assets	3.2B	2.0B	767.7M	679.7M	611.7M	581.1M
Deferred Long Term Liab	4M	2.2M	16.1M	12.9M	14.8M	10.6M

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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:

How To Invest In Diamond

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Is Diamond Stock a good investment?

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What is Diamond Offshore's Net Worth?

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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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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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.

Quarterly Earnings Growth

0.571

Earnings Share

(0.40)

Revenue Per Share

10.07

Quarterly Revenue Growth

0.207

Return On Assets

0.0305

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.

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Diamond Investments vs Free Cash Flow Analysis

Investments vs Free Cash Flow

Investments vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Investments

Free Cash Flow

Diamond Offshore fundamental ratios Correlations

Diamond Offshore Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Diamond Offshore fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Diamond Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Net Debt	+ 0.99	Short Long Term Debt Total
Retained Earnings	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.99	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.98	Total Assets
Non Current Assets Total	+ 0.97	Total Assets

Current Deferred Revenue	- 0.98	Good Will
Short Term Debt	- 0.83	Non Currrent Assets Other
Other Stockholder Equity	- 0.8	Non Currrent Assets Other
Non Currrent Assets Other	- 0.8	Accounts Payable
Non Currrent Assets Other	- 0.8	Retained Earnings
Non Currrent Assets Other	- 0.77	Total Stockholder Equity