Diamond Offshore Drilling Net Tangible Assets

Diamond Offshore Drilling posts a net tangible assets of $1.6B as of March 2021. That compares with $2.4B in the prior-year period — down 31.7% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Diamond Offshore Drilling's net tangible assets was $2.4B. The latest reading is $1.6B — a 31.7% year-over-year decrease (period ending March 2021). Use the history and growth charts on this page for a longer lookback.

Net Tangible Assets is one piece of Diamond Offshore Drilling's financial statement story. At $1.6B, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for DO's net tangible assets usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Diamond Offshore Drilling's other metric pages and overview cover the third.