Diamond Offshore Drilling Inc (DO) Files 10-K for the Fiscal Year Ended on December 31, 2017
- By insider
Diamond Offshore Drilling Inc (DO) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Diamond Offshore Drilling Inc is engaged in the oil & gas sector. Its business involves offshore oil and gas drilling. The company offers a range of services in various markets, including the deep water and harsh environment. Diamond Offshore Drilling Inc has a market cap of $1.93 billion; its shares were traded at around $14.09 with a P/E ratio of 11.65 and P/S ratio of 1.24.
Warning! GuruFocus has detected 3 Warning Signs with DO. Click here to check it out.
The intrinsic value of DO
For the last quarter Diamond Offshore Drilling Inc reported a revenue of $346.2 million, compared with the revenue of $391.9 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.5 billion, a decrease of 7.2% from the previous year. For the last five years Diamond Offshore Drilling Inc had an average revenue decline of 14.4% a year.
The reported diluted earnings per share was 13 cents for the year. The Diamond Offshore Drilling Inc had an operating margin of 8.34%, compared with the operating margin of -22.3% a year before. The 10-year historical median operating margin of Diamond Offshore Drilling Inc is 35.01%. The profitability rank of the company is 6 (out of 10).
At the end of the fiscal year, Diamond Offshore Drilling Inc has the cash and cash equivalents of $376.0 million, compared with $156.2 million in the previous year. The long term debt was $2 billion, compared with $2 billion in the previous year. The interest coverage to the debt is 1.1, which is not a favorable level. Diamond Offshore Drilling Inc has a financial strength rank of 5 (out of 10).
At the current stock price of $14.09, Diamond Offshore Drilling Inc is traded at 52.8% discount to its historical median P/S valuation band of $29.86. The P/S ratio of the stock is 1.24, while the historical median P/S ratio is 2.68. The stock lost 20.53% during the past 12 months.
For the complete 20-year historical financial data of DO, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 3 Warning Signs with DO. Click here to check it out.
The intrinsic value of DO
