Diamond Offshore Drilling Debt/Equity
What is the Debt/Equity of Diamond Offshore Drilling?
The Debt/Equity of Diamond Offshore Drilling, Inc. is 1.50
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Energy sector on OTC compared to Diamond Offshore Drilling
What does Diamond Offshore Drilling do?
Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company operates a fleet of 13 offshore drilling rigs, including four drillships and nine semisubmersible rigs. It serves independent oil and gas companies, and government-owned oil companies. The company was founded in 1953 and is headquartered in Houston, Texas. Diamond Offshore Drilling, Inc. is a subsidiary of Loews Corporation. On April 26, 2020, Diamond Offshore Drilling, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the United States Bankruptcy Court for the Southern District of Texas.
Companies with debt/equity similar to Diamond Offshore Drilling
- Godawari Power & Ispat has Debt/Equity of 1.49
- Beyond Inc has Debt/Equity of 1.49
- Cosco (India) has Debt/Equity of 1.49
- Omineca Mining and Metals has Debt/Equity of 1.50
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- Marel hf has Debt/Equity of 1.50
- Diamond Offshore Drilling has Debt/Equity of 1.50
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- Omega Healthcare Investors has Debt/Equity of 1.50