Tidewater Inc. Financial Ratios — TDGMW Stock

Profitability (USD)

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Return on Common Equity (%)	7.16	6.15	5.6	-2.67	-7.16	-36.47	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	4.3	3.66	3.1	-1.35	-3.29	-14.39	- -	-9.56	-8.32	-13.87	-10.99	-1.82	5.78	8.73	15
Return on Capital (%)	6.19	5.07	4.67	- -	- -	- -	- -	- -	- -	- -	- -	- -	-60.68	264.86	- -
Return on Invested Capital (%)	5.79	4.4	5.13	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.4	12.88	- -
Gross Margin (%)	28.24	31.51	31.77	30.72	22.14	10.38	- -	17.99	10.82	2.05	-2.04	19.93	26.61	30.2	29.82
EBITDA Margin (%)	24.85	27.88	28.82	27.85	21.62	8.32	- -	3.55	5.33	2.33	-0.67	17.4	30.04	33.62	31.66
Operating Margin (%)	11.89	16.04	17.15	16.13	3	-19.49	- -	-9.08	-10.5	-16.07	-20.41	4.51	17.29	22.02	20.5
Incremental Operating Margin (%)	6.21	41.09	24.34	-7.95	41.04	- -	-19.49	- -	- -	- -	- -	37.93	40.13	36.24	-273.96
Pretax Margin (%)	10.41	15.69	12.06	-4.44	-14.25	-106.98	- -	-37.76	-23.33	-49.78	-33.36	-0.36	13.76	17.05	16.28
Profit Margin (%)	8.19	12.12	9.77	-4.36	-16.36	-109.73	- -	-42.19	-29.13	-49.43	-34.76	-3.36	9.62	13.42	24.74
Net Income to Common Margin (%)	8.19	12.12	9.77	-4.36	-16.36	-109.73	- -	-42.19	-29.13	-49.43	-34.76	-3.36	9.62	13.42	24.74
Effective Tax Rate (%)	21.28	22.76	18.95	- -	- -	- -	- -	- -	- -	- -	- -	- -	31.17	21.88	- -
Dvd Payout Ratio (%)	58.64	32.89	35.52	-74.55	-22.04	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	2.96	4.13	3.61	-4.66	-8.74	-36.47	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

API Chat

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Debt	950	1,000	1,515	1,534	2,046	2,034	448	439	289	193	168	169	734	637	679
ST Debt	- -	- -	10	10	2,046	2,034	5	9	10	28	- -	- -	103	65	30
LT Debt	950	1,000	1,505	1,524	- -	- -	443	430	279	165	168	169	631	572	649
Total Debt/EBITDA	3.58	2.88	3.66	3.68	9.66	40.63	- -	30.43	11.13	20.87	-67.05	1.5	2.42	1.41	1.59
Net Debt/EBITDA	2.37	2.77	3.52	3.5	6.46	26.52	- -	4.66	2.72	4.63	-7.53	0.04	1.52	0.69	0.18
Total Debt/EBIT	7.49	5.01	6.16	6.36	69.73	-17.35	- -	-11.9	-5.65	-3.02	-2.22	5.79	4.21	2.15	2.45
Net Debt/EBIT	4.96	4.81	5.91	6.03	46.6	-11.33	- -	-1.82	-1.38	-0.67	-0.25	0.17	2.63	1.05	0.27
EBITDA to Interest Expense	11.89	11.66	9.44	8.33	3.94	0.67	- -	0.47	0.89	0.38	-0.16	6.56	6.26	6.2	6.48
EBITDA-CapEx/Interest Expense	-4.12	-3.15	-4.13	1.05	0.32	0.33	- -	-0.23	0.27	-0.23	-0.74	5.59	5.61	5.82	6.09
EBIT to Interest Expense	5.69	6.71	5.62	4.82	0.55	-1.56	- -	-1.21	-1.76	-2.64	-4.86	1.7	3.6	4.06	4.2
Interest Expense	22	30	44	50	54	75	- -	30	29	24	16	17	48	73	66
Common Equity/Total Assets	60.15	58.99	52.18	49.09	42.93	35.32	-2.23	-11.53	-22.32	-43.87	-61.86	-53.91	-30.92	-26.45	-12.78
Long-Term Debt/Equity (%)	37.6	39.04	56.06	61.45	- -	- -	43.35	37.6	27.45	20.03	23.92	19.52	60.84	51.45	47.68
Long-Term Debt/Capital (%)	28	28.91	36.99	39.33	- -	- -	107.77	187.68	-450.5	-46.46	-32.95	-31.86	663.82	669.52	175.41
Long-Term Debt/Total Assets (%)	23.39	23.99	30.81	32.05	- -	- -	25.18	23.55	17.67	13.18	15.32	13.03	30.61	27.55	27.19
Total Debt/Equity (%)	37.6	39.04	56.41	61.86	88.72	123.2	43.85	38.34	28.43	23.41	23.92	19.52	70.78	57.33	49.9
Total Debt/Capital (%)	28	28.91	37.22	39.59	48.8	57.62	109.01	191.42	-466.47	-54.29	-32.95	-31.86	772.2	746.09	183.57
Total Debt/Total Assets (%)	23.39	23.99	31.01	32.26	41.04	48.54	25.47	24.02	18.29	15.4	15.32	13.03	35.6	30.7	28.46
Net Debt to Equity	24.91	37.45	54.16	58.69	59.29	80.42	1.58	5.87	6.95	5.2	2.69	0.56	44.33	28.09	5.59
Net Debt/Capital (%)	20.48	28.07	36.27	38.34	38.92	47.02	-77.14	-47.18	-25.21	-8.48	-2.86	-0.7	-256.52	-130.33	-36.47
EBITDA	265	347	414	417	212	50	- -	14	26	9	-3	113	303	452	428
EBITDA-CapEx	-92	-94	-181	52	17	25	- -	-7	8	-6	-11	96	272	425	403
Operating Income (Loss)	127	200	246	241	29	-117	- -	-37	-51	-64	-76	29	175	296	277

Liquidity (USD)

API Chat

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Cash Ratio	1.34	0.15	0.15	0.16	0.28	0.3	2	2.35	1.18	0.82	0.94	0.84	0.83	0.98	1.84
Current Ratio	2.91	1.91	2.04	1.8	0.54	0.49	3.84	4.32	2.89	2.12	2.17	1.94	1.8	2.11	2.9
Quick Ratio	2.64	1.63	1.85	1.66	0.51	0.47	3.57	3.89	2.45	1.77	1.94	1.65	1.65	1.96	2.74
CFO/Avg Current Liab	1.86	0.85	0.31	0.81	0.17	0.01	- -	0.02	-0.18	0.02	0.09	0.23	0.4	0.86	1.17
Common Equity/Total Assets	60.15	58.99	52.18	49.09	42.93	35.32	-2.23	-11.53	-22.32	-43.87	-61.86	-53.91	-30.92	-26.45	-12.78
Long-Term Debt/Equity (%)	37.6	39.04	56.06	61.45	- -	- -	43.35	37.6	27.45	20.03	23.92	19.52	60.84	51.45	47.68
Long-Term Debt/Capital (%)	28	28.91	36.99	39.33	- -	- -	107.77	187.68	-450.5	-46.46	-32.95	-31.86	663.82	669.52	175.41
Long-Term Debt/Total Assets (%)	23.39	23.99	30.81	32.05	- -	- -	25.18	23.55	17.67	13.18	15.32	13.03	30.61	27.55	27.19
Total Debt/Equity (%)	37.6	39.04	56.41	61.86	88.72	123.2	43.85	38.34	28.43	23.41	23.92	19.52	70.78	57.33	49.9
Total Debt/Capital (%)	28	28.91	37.22	39.59	48.8	57.62	109.01	191.42	-466.47	-54.29	-32.95	-31.86	772.2	746.09	183.57
Total Debt/Total Assets (%)	23.39	23.99	31.01	32.26	41.04	48.54	25.47	24.02	18.29	15.4	15.32	13.03	35.6	30.7	28.46
CFO/Total Liabilities	14.49	13.32	4.75	15.76	9.46	1.17	- -	0.58	-5.58	0.93	3.81	9.32	10.16	29.31	36.96
CFO/CapEx	0.62	0.49	0.18	0.98	1.3	1.17	- -	0.18	-1.75	0.27	1.68	2.42	3.3	10.24	14.72
Altman's Z-Score	1.45	1.45	1.37	1.27	0.54	0.2	0.4	0.34	0.16	-0.27	-0.55	-0.01	0.49	0.96	1.07

Working Capital (USD)

API Chat

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Accounts Receivable Turnover	6.9	4.26	5.45	5.38	3.69	3.42	- -	3.61	4.39	3.56	3.73	5.33	4.75	4.55	4.44
Days Sales Outstanding	52.93	85.66	67.01	67.79	99.02	106.59	- -	101.21	83.06	102.41	97.94	68.46	76.76	80.3	82.18
Inventory Turnover	28.44	14.67	16.35	19.48	18.5	16.86	- -	11.55	16.9	20.61	26.58	23.88	23.62	28.36	26.08
Days Inventory Outstanding	12.84	24.89	22.32	18.74	19.73	21.65	- -	31.6	21.6	17.71	13.73	15.29	15.45	12.87	14
Accounts Payable Turnover	22.11	12.89	14.55	15.99	14.48	13.29	-0.07	9.5	14.34	17.22	19.87	17.97	17.7	16.19	13.85
Accounts Payable Turnover Days	16.51	28.31	25.08	22.82	25.21	27.47	-5,466.89	38.41	25.45	21.2	18.37	20.31	20.62	22.54	26.36
Cash Conversion Cycle	49.26	82.24	64.25	63.71	93.54	100.77	- -	94.4	79.22	98.92	93.31	63.44	71.59	70.63	69.82
Inventory to Cash Days	40.1	60.77	44.69	49.05	79.29	84.94	- -	69.61	61.46	84.71	84.21	53.18	61.31	67.43	68.19
Inventories	54	62	57	49	33	31	28	30	22	16	13	31	32	34	38
Raw Materials	54	62	57	49	33	31	28	30	22	16	13	31	32	34	38
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API Chat

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	321	41	60	79	678	706	432	372	218	150	149	164	274	325	579
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	6	6	6	16	2	1	2	1	- -	- -	-2	-3	-4
+ Total Debt	950	1,000	1,515	1,534	2,046	2,034	448	439	289	193	168	169	734	637	679
Enterprise Value	629	959	1,460	1,462	1,373	1,344	9	68	72	44	19	5	458	309	96
Total Capital	3,393	3,459	4,070	3,876	4,191	3,530	411	229	-62	-355	-510	-531	95	85	370
Total Debt/Capital (%)	28	28.91	37.22	39.59	48.8	57.62	109.01	191.42	-466.47	-54.29	-32.95	-31.86	772.2	746.09	183.57
Total Debt / EV	1.51	1.04	1.04	1.05	1.49	1.51	47.51	6.43	4	4.38	8.69	34.74	1.6	2.06	7.05
EV/Sales	0.59	0.77	1.02	0.98	1.4	2.23	- -	0.17	0.15	0.11	0.05	0.01	0.45	0.23	0.07
EV/EBITDA	2.37	2.77	3.53	3.51	6.49	26.84	- -	4.73	2.78	4.76	- -	0.04	1.51	0.68	0.22
EV/EBIT	4.96	4.81	5.93	6.06	46.81	- -	- -	- -	- -	- -	- -	0.17	2.63	1.04	0.35
EV/Cash Flow to Firm	2.62	4.05	10.42	3.58	4.36	12.73	- -	1.8	15.23	1.57	0.62	0.02	3.33	0.91	0.2
EV/Free Cash Flow to Firm	1.05	1.42	1.99	1.89	2.69	10.25	- -	1.15	3.18	1.02	0.48	0.02	2.71	0.84	0.19
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	629	959	1,460	1,462	1,373	1,344	18	68	72	44	19	5	458	309	96
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	1,067	1,244	1,435	1,496	979	602	- -	407	487	397	371	648	1,010	1,346	1,353
TTM EBITDA	265	347	414	417	212	50	- -	14	26	9	-3	113	303	452	428
TTM Operating Income	127	200	246	241	29	-117	- -	-37	-51	-64	-76	29	175	296	277
TTM Cash Flow to Firm	240	237	140	408	315	106	- -	38	5	28	31	206	138	339	479
TTM Free Cash Flow to Firm	597	677	735	772	510	131	- -	59	23	43	40	222	169	367	505

Multiples (USD)

API Chat

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	4.96	4.81	5.93	6.06	46.81	- -	- -	- -	- -	- -	- -	0.17	2.63	1.04	0.35
Enterprise Value	629	959	1,460	1,462	1,373	1,344	9	68	72	44	19	5	458	309	96
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	10	41.36	55	49.6
EV/Sales	0.59	0.77	1.02	0.98	1.4	2.23	- -	0.17	0.15	0.11	0.05	0.01	0.45	0.23	0.07
EV/EBITDA	2.37	2.77	3.53	3.51	6.49	26.84	- -	4.73	2.78	4.76	- -	0.04	1.51	0.68	0.22
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales Average	0.59	0.77	1.02	0.98	1.4	2.23	- -	0.17	0.15	0.11	0.05	0.01	0.45	0.23	0.07
EV/Sales High	0.59	0.77	1.02	0.98	1.4	2.23	- -	0.17	0.15	0.11	0.05	0.01	0.45	0.23	0.07
EV/Sales Low	0.59	0.77	1.02	0.98	1.4	2.23	- -	0.17	0.15	0.11	0.05	0.01	0.45	0.23	0.07
EV/EBITDA Average	2.37	2.77	3.53	3.51	6.49	26.84	- -	4.73	2.78	4.76	-7.71	0.04	1.51	0.68	0.22
EV/EBITDA High	2.37	2.77	3.53	3.51	6.49	26.84	- -	4.73	2.78	4.76	-7.71	0.04	1.51	0.68	0.22
EV/EBITDA Low	2.37	2.77	3.53	3.51	6.49	26.84	- -	4.73	2.78	4.76	-7.71	0.04	1.51	0.68	0.22
EV/EBIT Average	4.96	4.81	5.93	6.06	46.81	-11.46	- -	-1.85	-1.41	-0.69	-0.26	0.17	2.63	1.04	0.35
EV/EBIT High	4.96	4.81	5.93	6.06	46.81	-11.46	- -	-1.85	-1.41	-0.69	-0.26	0.17	2.63	1.04	0.35
EV/EBIT Low	4.96	4.81	5.93	6.06	46.81	-11.46	- -	-1.85	-1.41	-0.69	-0.26	0.17	2.63	1.04	0.35
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	34.01	78.25	60	63
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	37.3	78.81	122	64
Enterprise Value Average	629	959	1,460	1,462	1,373	1,344	18	68	72	44	19	5	458	309	96
Enterprise Value High	629	959	1,460	1,462	1,373	1,344	18	68	72	44	19	5	458	309	96
Enterprise Value Low	629	959	1,460	1,462	1,373	1,344	18	68	72	44	19	5	458	309	96

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Shares Outstanding	18	18	18	18	18	18	22	37	40	41	41	51	52	51	50
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Revenue per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash & Equivalents per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Tangible Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Tidewater Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)