Seadrill Current Ratio from 2010 to 2024

SDRL Stock  USD 40.64  0.41  1.02%   
Seadrill Current Ratio yearly trend continues to be quite stable with very little volatility. The value of Current Ratio is projected to decrease to 1.53. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
2.97686375
Current Value
1.53
Quarterly Volatility
1.5287467
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Seadrill financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Seadrill's main balance sheet or income statement drivers, such as Depreciation And Amortization of 147.2 M, Interest Expense of 56 M or Selling General Administrative of 63.3 M, as well as many indicators such as Price To Sales Ratio of 3.82, Dividend Yield of 0.12 or PTB Ratio of 1.6. Seadrill financial statements analysis is a perfect complement when working with Seadrill Valuation or Volatility modules.
  
Check out the analysis of Seadrill Correlation against competitors.

Latest Seadrill's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Seadrill Limited over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Seadrill's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Seadrill's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.51 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Seadrill Current Ratio Regression Statistics

Arithmetic Mean1.72
Geometric Mean1.19
Coefficient Of Variation89.06
Mean Deviation1.18
Median0.88
Standard Deviation1.53
Sample Variance2.34
Range5.8011
R-Value0.46
Mean Square Error1.99
R-Squared0.21
Significance0.09
Slope0.16
Total Sum of Squares32.72

Seadrill Current Ratio History

2024 1.53
2023 2.98
2022 2.12
2021 3.15
2020 0.16
2019 2.3
2018 5.96

About Seadrill Financial Statements

Seadrill investors utilize fundamental indicators, such as Current Ratio, to predict how Seadrill Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 2.98  1.53 

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When determining whether Seadrill Limited is a strong investment it is important to analyze Seadrill's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Seadrill's future performance. For an informed investment choice regarding Seadrill Stock, refer to the following important reports:
Check out the analysis of Seadrill Correlation against competitors.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Energy Equipment & Services space 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 Seadrill. If investors know Seadrill 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 Seadrill 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
(0.55)
Earnings Share
5.78
Revenue Per Share
20.648
Quarterly Revenue Growth
(0.15)
Return On Assets
0.0404
The market value of Seadrill Limited is measured differently than its book value, which is the value of Seadrill that is recorded on the company's balance sheet. Investors also form their own opinion of Seadrill's value that differs from its market value or its book value, called intrinsic value, which is Seadrill'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 Seadrill's market value can be influenced by many factors that don't directly affect Seadrill'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 Seadrill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seadrill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seadrill'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.