Diamond Offshore Drilling Ret. on equity
What is the Ret. on equity of Diamond Offshore Drilling?
The Ret. on equity of Diamond Offshore Drilling, Inc. is -37.89%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on 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 ret. on equity similar to Diamond Offshore Drilling
- McColl's Retail Plc has Ret. on equity of -37.96%
- Media Asia has Ret. on equity of -37.95%
- Mundoro Capital has Ret. on equity of -37.94%
- Consolidated Firstfund Capital has Ret. on equity of -37.93%
- XTEK has Ret. on equity of -37.92%
- Malu Paper Mills has Ret. on equity of -37.92%
- Diamond Offshore Drilling has Ret. on equity of -37.89%
- Ultrapetrol (Bahamas) has Ret. on equity of -37.89%
- Standard Lithium has Ret. on equity of -37.87%
- Intelligent Ultrasound plc has Ret. on equity of -37.85%
- Microsaic Systems plc has Ret. on equity of -37.85%
- Jump Networks has Ret. on equity of -37.84%
- Larimar Therapeutics has Ret. on equity of -37.84%