Independence Contract Drilling (ICD) Key Ratios
$0.22
As on 27-Sep-2024 09:30EDT
Market cap
$9 Mln
Revenue (TTM)
$180 Mln
P/E Ratio
--
P/B Ratio
0
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -7.10 | -23.12 | -21.59 | 45.10 | -2.52 |
| EBIT | -1,214.87 | -126.25 | -143.43 | -0.02 | -194.96 |
| Net Profit | -86.03 | -301.75 | -651.73 | 13.95 | -2.74 |
| EPS | -- | -- | -- | -- | -- |
| Book Value | -- | -- | -- | -- | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-23 | Dec-22 |
| EBIT-Margin
| -14.69 | -14.12 | -10.26 | 5.34 | -1.04 |
| Net Margin
| -46.54 | -46.54 | -32.93 | -- | -46.54 |
| Return on equity
| -27.02 | -26.26 | -34.93 | -19.02 | -31.87 |
| Return on Capital
| -15.86 | -16.44 | -- | -10.77 | -18.61 |
| Return on Assets
| -13.43 | -14.42 | -13.83 | -8.01 | -15.80 |
| Debt to Equity (x)
| -- | -- | 1.07 | 0.87 | 0.68 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
--
|
-10.77
|
-18.61
|
-18.18
|
-22.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-34.93
Lower than Peers by 46.00
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
-34.93
|
-19.02
|
-31.87
|
-30.17
|
-33.40
|
|
Peer Median
|
11.07
|
--
|
--
|
--
|
--
|
ROA
-13.83
Lower than Peers by 19.70
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
-13.83
|
-8.01
|
-15.80
|
-16.47
|
-20.78
|
|
Peer Median
|
5.86
|
--
|
--
|
--
|
--
|
EBIT Margin
-10.26
Lower than Peers by 26.86
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
-10.26
|
5.34
|
-1.04
|
-48.39
|
-47.17
|
|
Peer Median
|
16.59
|
--
|
--
|
--
|
--
|
Net Margin
-32.93
Lower than Peers by 45.53
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
-32.93
|
-17.94
|
-46.54
|
-75.85
|
-115.85
|
|
Peer Median
|
12.60
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-21.59
Lower than Peers by 56.68
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
-21.59
|
0.13
|
1.12
|
0.05
|
-0.59
|
|
Peer Median
|
35.08
|
--
|
--
|
--
|
--
|
EBIT Growth
-143.43
Lower than Peers by 187.44
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
-143.43
|
678.36
|
95.44
|
-8.15
|
-193.50
|
|
Peer Median
|
44.01
|
--
|
--
|
--
|
--
|
Net Profit Growth
-651.73
Lower than Peers by 714.04
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
-651.73
|
42.29
|
2.09
|
30.97
|
-58.98
|
|
Peer Median
|
62.31
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.07
Higher than Peers by 0.81
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
1.07
|
0.87
|
0.68
|
0.75
|
0.59
|
|
Peer Median
|
0.26
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.01
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
0.01
|
0.01
|
0.01
|
0.02
|
0.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.32
Lower than Peers by 0.25
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
1.32
|
1.06
|
0.99
|
0.84
|
1.22
|
|
Peer Median
|
1.57
|
--
|
--
|
--
|
--
|
Quick Ratio
1.27
Lower than Peers by 0.24
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
1.27
|
1.02
|
0.96
|
0.81
|
1.18
|
|
Peer Median
|
1.51
|
--
|
--
|
--
|
--
|
Interest Coverage
-0.60
Lower than Peers by 5.36
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
-0.60
|
0.31
|
-0.07
|
-2.80
|
-2.69
|
|
Peer Median
|
4.76
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
16.92
Lower than Peers by 2.87
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
16.92
|
15.09
|
21.30
|
25.25
|
12.02
|
|
Peer Median
|
19.79
|
--
|
--
|
--
|
--
|
Asset Turnover
0.42
Lower than Peers by 0.02
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
0.42
|
0.45
|
0.45
|
0.22
|
0.18
|
|
Peer Median
|
0.44
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
--
|
62.12
|
60.63
|
66.93
|
100.39
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
--
|
3.22
|
2.99
|
3.52
|
5.62
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
--
|
57.73
|
52.67
|
30.86
|
44.69
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
--
|
7.62
|
10.95
|
39.59
|
61.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Book Value
0.02
Lower than Peers by 0.91
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
0.02
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.94
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.98
|
--
|
--
|
--
|
--
|
EV/EBITDA
7.68
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
7.68
|
2.78
|
3.65
|
-38.98
|
29.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
9
Lower than Peers by 301
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independence Contract Drilling (ICD)
|
9
|
--
|
--
|
--
|
--
|
|
Peer Median
|
310
|
--
|
--
|
--
|
--
|