Diamond Offshore Drilling (Diamond Offshore Drilling) Total Current Assets : $457 Mil (As of Dec. 2023)

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What is Diamond Offshore Drilling Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Diamond Offshore Drilling's total current assets for the quarter that ended in Dec. 2023 was $457 Mil.

Diamond Offshore Drilling Total Current Assets Historical Data

The historical data trend for Diamond Offshore Drilling's Total Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Diamond Offshore Drilling Total Current Assets Chart

Diamond Offshore Drilling Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Current Assets

271.50

318.08

457.42

Diamond Offshore Drilling Quarterly Data
	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial						318.08	284.98	383.52	481.02	457.42

Diamond Offshore Drilling Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Diamond Offshore Drilling's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	124.457	+	256.898	+	0	+	76.068
	=	457

Diamond Offshore Drilling's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	124.457	+	256.898	+	0	+	76.068
	=	457

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Diamond Offshore Drilling (NYSE:DO) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Diamond Offshore Drilling's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	124.457	-	1067.702	+	0.75 * 253.367	+	0.5 * 0
=	-753

Diamond Offshore Drilling Total Current Assets Related Terms

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Diamond Offshore Drilling (Diamond Offshore Drilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Diamond Offshore Drilling Inc (NYSE:DO) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

DO10:Germany

Address

15415 Katy Freeway, Houston, TX, USA, 77094

Website

http://www.diamondoffshore.com

Diamond Offshore Drilling Inc is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a total fleet of 12 offshore drilling rigs, consisting of eight semisubmersibles and four dynamically positioned drillships.

Executives

Dominic A Savarino	officer: VP and Chief Acct/Tax Officer	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Patrice D Douglas	director	1712 CROSSBOW, EDMOND OK 73034
Benjamin Duster	director	200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028
Ane Launy	director	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Patrick Carey Lowe	director	6 CHESTERFIELD GARDENS, 3RD FLOOR, LONDON X0 W1J 5BQ
Adam C Peakes	director	13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Bernie G. Wolford	director, officer: President and CEO	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 770904
Neal P Goldman	director	10700 PARKRIDGE BLVD., RESTON VA 20191
John Hollowell	director	ONE SHELL PLAZA, 910 LOUISIANA STREET, HOUSTON TX 77002
Raj Iyer	director	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Peter Mcteague	director	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Alan H Howard	director
Anatol Feygin	director	700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Scott Lee Kornblau	officer: Acting Chief Financial Officer	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Thomas Roth	officer: Senior Vice President	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094