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Seadrill Limited  (SDRL)
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Seadrill Limited's Quick Ratio

SDRL's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Quick Ratio deteriorated to 1.87 above company average Quick Ratio.

Within Oil Well Services & Equipment industry Seadrill Limited booked the highest Quick Ratio than Seadrill Limited in the forth quarter 2023. While Quick Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 0 to 684.

Explain Quick Ratio?
How much Cash & cash equivalents SDRLīs has?
What are SDRLīs Current Liabilities?


SDRL Quick Ratio (Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -3.71 % -3.71 % -3.71 % -3.71 % -67.34 %
Y / Y Cash & cash equivalent Change 38.93 % 38.93 % 38.93 % 38.93 % 11.02 %
Quick Ratio MRQ 1.87 1.87 1.87 1.87 1.3
SDRL's Total Ranking # 684 # 0 # 1943 # #
Seq. Current Liabilities Change 0 % 0 % 0 % -3.71 % 0 %
Seq. Cash & cash equivalent Change 0 % 0 % 0 % 38.93 % 0 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Oil Well Services & Equipment Industry # 1
Energy Sector # 13
Overall Market # 684


Quick Ratio Statistics
High Average Low
4.78 1.22 0.1
(Dec 31 2018)   (Dec 31 2020)




Financial Statements
Seadrill Limited's Current Liabilities $ 389 Millions Visit SDRL's Balance sheet
Seadrill Limited's Cash & cash equivalent $ 728 Millions Visit SDRL's Balance sheet
Source of SDRL's Sales Visit SDRL's Sales by Geography


Cumulative Seadrill Limited's Quick Ratio

SDRL's Quick Ratio for the trailling 12 Months

SDRL Quick Ratio

(Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -3.71 % -3.71 % -3.71 % -3.71 % -67.34 %
Y / Y Cash & cash equivalent TTM Growth 38.93 % 38.93 % 38.93 % 38.93 % 11.02 %
Quick Ratio TTM 1.87 1.72 1.58 1.44 1.3
Total Ranking TTM # # # # # 1753
Seq. Current Liabilities TTM Growth 0 % 0 % 0 % -3.71 % 0 %
Seq. Cash & cash equivalent TTM Growth 0 % 0 % 0 % 38.93 % 0 %


On the trailing twelve months basis SDRL Cash & cash equivalent grew by 38.93 % in IV Quarter 2023 year on year, while Current Liabilities remained unchanged to $389 millions, this led to increase in in Seadrill Limited's Quick Ratio to 1.87, above SDRL average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Oil Well Services & Equipment industry 9 other companies have achieved higher Quick Ratio than Seadrill Limited. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 0 to 2249.

Explain Quick Ratio?
How much Cash & cash equivalents SDRLīs has?
What are SDRLīs Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Oil Well Services & Equipment Industry # 10
Energy Sector # 111
Within the Market # 684


trailing twelve months Quick Ratio Statistics
High Average Low
4.44 1.57 0.1
(Dec 31 2018)   (Dec 31 2020)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Oil Well Services & Equipment Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Seadrill Limited  1.87 $ 728.000  Millions$ 389.000  Millions
Nabors Industries ltd  0.88 $ 1,070.178  Millions$ 1,213.981  Millions
Valaris Limited  0.83 $ 620.500  Millions$ 744.300  Millions
Transocean ltd  0.71 $ 995.000  Millions$ 1,397.000  Millions
Highpeak Energy Inc   0.68 $ 194.515  Millions$ 287.393  Millions
Helmerich and Payne inc   0.64 $ 298.225  Millions$ 468.986  Millions
Noble Corporation Plc  0.56 $ 360.794  Millions$ 641.680  Millions

Date modified: 2024-03-27T22:46:32+00:00



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