Vantage Drilling International Ltd

Vantage Drilling International Ltd's next confirmed earnings release is scheduled for August 13, 2026.

As of June 30, 2023, Vantage Drilling International Ltd has 13.23M shares outstanding.

As of June 30, 2023, Vantage Drilling International Ltd maintains a current ratio of 2.04, meaning it holds 2.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 72.80, indicating elevated leverage, while an interest coverage ratio of 1.44 demonstrates limited ability to service its debt obligations.

Over the twelve months ended June 30, 2023, Vantage Drilling International Ltd posted a negative return on equity (ROE) of -13.42, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -5.60, reflecting losses generated across the asset base. Inventory turnover of 7.57 indicates how many times Vantage Drilling International Ltd sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2023, Vantage Drilling International Ltd recorded 71.93M in income tax expense. The company reported a pretax loss of -347.49M and -401.21M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Over the twelve months ended June 30, 2023, Vantage Drilling International Ltd generated 3.56B in revenue and converted that into -401.21M in net income, yielding earnings per share of -31.82. EBITDA reached 437.30M, while operating income came in at -43.17M.

As of June 30, 2023, Vantage Drilling International Ltd holds 854.90M in cash and equivalents against 2.04B in total debt, resulting in a net debt position of 1.17B. Total book value stands at 2.79B, with working capital of 1.36B providing operational flexibility.

Vantage Drilling International Ltd produced 104.66M in operating cash flow over the twelve months ended June 30, 2023.

Over the twelve months ended June 30, 2023, Vantage Drilling International Ltd posted a gross margin of 4.66, reflecting its pricing power and cost economics. The operating margin of -1.21 and net profit margin of -11.26 provide insight into operational efficiency.

Over the twelve months ended June 30, 2023, Vantage Drilling International Ltd paid dividends of 4.30 per share. The dividend payout ratio of -12.94 is negative because earnings are negative, so the dividend is being paid out of something other than profits, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth.