What is VANTAGE DRILLING INTL LTD's earnings per share (EPS)?

VANTAGE DRILLING INTL LTD (VTDRF) reported diluted earnings per share of -$0.26 for fiscal year 2022. This represents a 96.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

VANTAGE DRILLING INTL LTD (VTDRF) Financials

VTDRF

Trailing 12 months to June 30, 2023

Revenue $332.1M +41.8% YoY

Net Income -$37.4M -211.8% YoY

EPS (Diluted) -$2.84 -189.8% YoY

Operating Cash Flow $9.8M +114.1% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2023, ended Jun 30, 2023 Reported Aug 10, 2023 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2023, filed Aug 10, 2023. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the VTDRF SEC filings page.

VANTAGE DRILLING INTL LTD (VTDRF) reported $332.1M in revenue over the twelve months to Jun 30, 2023, up 41.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI VTDRF FY2022 2026-08-30

VTDRF’s dominant mechanic is a volatile earnings cycle paired with debt reduction and weak operating cash conversion.

FY2022’s operating turnaround—$37.9M of operating income alongside -$18.9M of operating cash flow—shows reported profitability was not yet converting into cash. The gap between $82.3M of EBITDA and a -$3.4M net result also indicates depreciation and below-operating costs still absorb much of the operating economics.

The business has not followed a smooth margin progression: FY2019 combined a 79.4% gross margin with a 59.9% net margin, revealing an unusually profitable period. FY2022’s gross margin recovered to 15.8%, but its net margin remained -1.2%, so the recovery was incomplete below the gross-profit line.

Balance-sheet deleveraging is visible: debt-to-equity moved from 1.3x in FY2021 to 0.7x in FY2022, marking lower leverage. However, the current ratio fell from 4.1x to 1.8x, showing that reduced leverage coincided with a narrower short-term liquidity cushion.

Financial Health Signals

Financial health score not available

VANTAGE DRILLING INTL LTD does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Neutral

4/9

VANTAGE DRILLING INTL LTD passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality No Cash Backing

N/A

VANTAGE DRILLING INTL LTD reported a net loss of $3.4M while operations used $18.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

1.10x

VANTAGE DRILLING INTL LTD earns $1.10 in operating income for every $1 of interest expense ($37.9M vs $34.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$107.8M

YoY+47.2%

QoQ+39.9%

5Y CAGR+12.3%

VANTAGE DRILLING INTL LTD generated $107.8M in revenue in Q2 2023. This represents an increase of 47.2% from the same quarter a year earlier. Against the prior quarter it is up 39.9%.

EBITDA

$28.3M

YoY-58.2%

QoQ+397.9%

5Y CAGR+20.6%

VANTAGE DRILLING INTL LTD's EBITDA was $28.3M in Q2 2023, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 58.2% from the same quarter a year earlier. Against the prior quarter it is up 397.9%.

Net Income

$1.5M

YoY-97.0%

QoQ+164.0%

VANTAGE DRILLING INTL LTD reported $1.5M in net income in Q2 2023. This represents a decrease of 97.0% from the same quarter a year earlier. Against the prior quarter it is up 164.0%.

EPS (Diluted)

$0.11

YoY-97.0%

QoQ+164.7%

VANTAGE DRILLING INTL LTD earned $0.11 per diluted share (EPS) in Q2 2023. This represents a decrease of 97.0% from the same quarter a year earlier. Against the prior quarter it is up 164.7%.

Cash & Balance Sheet

Cash & Debt

$79.7M

YoY-65.0%

QoQ+13.9%

5Y CAGR-15.2%

VANTAGE DRILLING INTL LTD held $79.7M in cash against $188.9M in long-term debt as of Q2 2023.

Shares Outstanding

13M

YoY+0.9%

QoQ0.0%

5Y CAGR+21.5%

VANTAGE DRILLING INTL LTD had 13M shares outstanding in Q2 2023. This represents an increase of 0.9% from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q2 2023.

Dividends Per Share

Not reported for Q2 2023.

Margins & Returns

Gross Margin

31.0%

YoY+12.1pp

QoQ+17.4pp

VANTAGE DRILLING INTL LTD's gross margin was 31.0% in Q2 2023, indicating the percentage of revenue retained after direct costs. This is up 12.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 17.4 percentage points.

Operating Margin

16.0%

YoY-61.3pp

QoQ+23.0pp

5Y change+29.5pp

VANTAGE DRILLING INTL LTD's operating margin was 16.0% in Q2 2023, reflecting core business profitability. This is down 61.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 23.0 percentage points.

Net Margin

1.4%

YoY-64.3pp

QoQ+4.3pp

5Y change+52.8pp

VANTAGE DRILLING INTL LTD's net profit margin was 1.4% in Q2 2023, showing the share of revenue converted to profit. This is down 64.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.3 percentage points.

Return on Equity

0.6%

YoY-15.6pp

QoQ+1.4pp

VANTAGE DRILLING INTL LTD's ROE was 0.6% in Q2 2023, measuring profit generated per dollar of shareholder equity. This is down 15.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.4 percentage points.

Capital Allocation

None of these metrics is reported for Q2 2023.

VTDRF Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VTDRF quarterly income statement

Metric	TTM	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Revenue	$332.1M	$278.7M+75.9%	$158.4M+24.9%	$126.9M-83.3%	$760.8M+237.0%	$225.7M+6.1%	$212.8M+34.2%	$158.6M-79.5%	$772.3M-12.5%	$882.9M
Cost of Revenue	$272.4M	$234.8M+55.9%	$150.7M+1.1%	$149.1M-5.0%	$156.9M-8.3%	$171.0M+5.6%	$162.0M+31.7%	$123.0M-65.8%	$359.6M-11.4%	$405.7M
Gross Profit	$59.6M	$43.9M+466.1%	$7.8M+134.9%	-$22.2M-103.7%	$604.0M+1004.0%	$54.7M+7.5%	$50.9M+42.8%	$35.6M-91.4%	$412.7M-13.5%	$477.2M
SG&A Expenses	$19.5M	$23.0M+12.0%	$20.5M-2.3%	$21.0M-83.6%	$128.5M+335.1%	$29.5M-29.1%	$41.6M+12.8%	$36.9M+45.8%	$25.3M-0.3%	$25.4M
Operating Income	-$3.4M	$37.9M+154.8%	-$69.0M+71.4%	-$241.3M-160.1%	$401.6M+986.8%	-$45.3M+30.0%	-$64.7M+6.6%	-$69.3M-126.6%	$260.0M-20.1%	$325.2M
EBITDA	N/A	$82.3M+743.5%	-$12.8M+92.6%	-$172.1M-136.1%	$477.1M+1415.7%	$31.5M+126.3%	$13.9M+1135.7%	-$1.3M-100.3%	$387.3M-14.3%	$451.8M
Interest Expense	$28.2M	$34.4M+0.9%	$34.0M0.0%	$34.0M-26.9%	$46.6M-40.9%	$78.8M+3.1%	$76.4M+14.1%	$67.0M-61.4%	$173.6M-11.5%	$196.2M
Income Tax	$6.7M	$4.3M-16.1%	$5.1M+5.0%	$4.9M-67.6%	$15.1M-8.5%	$16.5M+16.6%	$14.2M+29.4%	$10.9M-72.5%	$39.9M+0.1%	$39.8M
Net Income	-$37.4M	-$3.4M+97.0%	-$110.1M+60.2%	-$276.7M-160.7%	$455.7M+422.1%	-$141.5M+5.6%	-$149.8M-1.6%	-$147.4M-956.2%	$17.2M-81.5%	$92.9M
EPS (Basic)	N/A	-$0.26+96.9%	-$8.40+60.2%	-$21.10	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	-$2.84	-$0.26+96.9%	-$8.40+60.2%	-$21.10	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K	Q3'2110-Q
Revenue	$107.8M+47.2%	$77.1M+32.1%	$76.2M+53.0%	$71.0M+34.3%	$73.2M+105.7%	$58.3M+189.3%	$49.8M+170.4%	$52.9M+161.5%
Cost of Revenue	$74.4M+25.2%	$66.6M+51.5%	$65.1M+48.3%	$66.4M+46.4%	$59.4M+64.8%	$43.9M+73.3%	$43.9M	$45.4M+66.6%
Gross Profit	$33.5M+141.9%	$10.5M-27.0%	$11.1M+88.0%	$4.5M-39.5%	$13.8M+3140.2%	$14.4M+377.4%	$5.9M	$7.5M+206.6%
SG&A Expenses	$5.2M-25.3%	$4.8M-26.6%	$5.3M-4.0%	$4.3M-7.4%	$6.9M+39.1%	$6.6M+19.8%	$5.5M	$4.6M+20.0%
Operating Income	$17.3M-69.5%	-$5.4M-54.2%	-$5.2M+61.4%	-$10.1M+10.1%	$56.6M+389.1%	-$3.5M+86.0%	-$13.4M+63.5%	-$11.2M+92.9%
EBITDA	$28.3M-58.2%	$5.7M-27.3%	$5.9M+1255.6%	$908K-68.6%	$67.7M+1348.7%	$7.8M+173.1%	$432K+102.0%	$2.9M+102.1%
Interest Expense	$5.3M-37.1%	$5.6M-34.6%	$8.8M+3.9%	$8.5M0.0%	$8.5M-0.1%	$8.5M-0.1%	$8.5M	$8.5M0.0%
Income Tax	$10.6M+966.8%	-$8.0M-654.8%	$2.5M+83.6%	$1.6M+77.8%	-$1.2M-269.6%	$1.4M-33.5%	$1.4M	$881K-69.1%
Net Income	$1.5M-97.0%	-$2.3M+84.7%	-$16.4M+30.3%	-$20.2M+7.0%	$48.1M+266.1%	-$14.9M+58.6%	-$23.5M+47.8%	-$21.7M+87.2%
EPS (Basic)	$0.11-97.0%	-$0.17+85.1%	-$1.25+30.2%	-$1.54+7.2%	$3.67+266.1%	-$1.14	-$1.79	-$1.66+87.1%
EPS (Diluted)	$0.11-97.0%	-$0.17+85.1%	-$1.24+30.7%	-$1.54+7.2%	$3.61+263.3%	-$1.14	-$1.79	-$1.66+87.1%

Not reported in any period shown, so not listed: R&D Expenses, Diluted Shares (Avg).

VTDRF Balance Sheet

VTDRF quarterly balance sheet

Metric	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Total Assets	$578.6M-17.3%	$699.4M-11.0%	$786.2M-27.9%	$1.1B-3.4%	$1.1B+4.3%	$1.1B-6.7%	$1.2B-65.2%	$3.3B-2.7%	$3.4B
Current Assets	$220.1M-22.9%	$285.5M+12.5%	$253.7M-26.7%	$345.8M+6.0%	$326.2M+9.5%	$298.0M-3.9%	$310.2M-14.1%	$361.0M+12.4%	$321.3M
Cash & Equivalents	$74.0M+0.9%	$73.3M-48.3%	$141.9M-38.8%	$231.9M+3.1%	$225.0M+15.1%	$195.5M-15.7%	$231.7M+13.9%	$203.4M+168.4%	$75.8M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	N/A	N/A	N/A	$48.4M+7.0%	$45.2M+2.8%	$44.0M-2.8%	$45.2M-29.9%	$64.5M-2.1%	$65.9M
Accounts Receivable	$62.8M+67.3%	$37.5M+51.8%	$24.7M-46.8%	$46.5M+63.6%	$28.4M-37.3%	$45.4M+117.6%	$20.9M-70.5%	$70.7M-53.4%	$151.6M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$317.8M-27.0%	$435.3M+5.8%	$411.6M-6.2%	$438.9M-63.2%	$1.2B+18.7%	$1.0B+7.8%	$933.9M-67.5%	$2.9B-2.0%	$2.9B
Current Liabilities	$124.0M+77.9%	$69.7M+38.8%	$50.2M-34.4%	$76.5M+22.7%	$62.4M-9.9%	$69.2M+25.5%	$55.2M-58.4%	$132.6M-61.2%	$341.4M
Non-Current Liabilities	$193.9M-47.0%	$365.7M+1.2%	$361.4M-0.3%	$362.4M-68.0%	$1.1B+20.8%	$937.1M+6.6%	$878.7M-68.0%	$2.7B+5.8%	$2.6B
Long-Term Debt	$179.2M-48.3%	$346.9M+0.5%	$345.2M+0.5%	$343.6M-69.0%	$1.1B+20.6%	$919.9M+6.1%	$867.4M+6.0%	$818.5M-67.2%	$2.5B
Total Equity	$260.7M-1.3%	$264.1M-29.5%	$374.5M-42.5%	$651.8M+1107.6%	-$64.7M-184.3%	$76.8M-66.1%	$226.6M-50.4%	$456.8M-6.9%	$490.7M
Retained Earnings	-$373.1M-0.9%	-$369.8M-42.4%	-$259.7M-1621.7%	$17.1M+103.9%	-$438.7M-47.6%	-$297.2M-101.6%	-$147.4M-6.5%	-$138.4M+11.1%	-$155.6M

Metric	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K	Q3'2110-Q
Total Assets	$580.6M-23.0%	$604.7M-16.0%	$578.6M-17.3%	$750.5M+4.4%	$754.3M+3.2%	$719.9M-5.7%	$699.4M-11.0%	$718.8M-14.0%
Current Assets	$248.1M-31.5%	$262.7M-17.1%	$220.1M-22.9%	$382.7M+76.4%	$362.1M+63.1%	$317.1M+30.3%	$285.5M+12.5%	$216.9M-22.7%
Cash & Equivalents	$79.7M-65.0%	$69.9M+12.3%	$74.0M+0.9%	$243.6M+131.0%	$227.3M+104.0%	$62.2M-55.7%	$73.3M-48.3%	$105.5M-36.4%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$83.1M+4.7%	$95.5M+88.2%	$62.8M+67.3%	$70.8M+95.8%	$79.4M+151.2%	$50.7M+101.7%	$37.5M+51.8%	$36.2M-7.5%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$321.0M-29.8%	$346.5M-26.4%	$317.8M-27.0%	$473.4M+9.8%	$457.0M+8.3%	$470.8M+10.6%	$435.3M+5.8%	$431.3M+3.6%
Current Liabilities	$121.3M+25.5%	$146.8M+40.4%	$124.0M+77.9%	$113.6M+67.3%	$96.7M+58.9%	$104.5M+61.8%	$69.7M+38.8%	$67.9M+23.7%
Non-Current Liabilities	$199.6M-44.6%	$199.7M-45.5%	$193.9M-47.0%	$359.8M-1.0%	$360.4M-0.2%	$366.3M+1.4%	$365.7M+1.2%	$363.4M+0.6%
Long-Term Debt	$188.9M-45.7%	$188.6M-45.7%	$179.2M-48.3%	$348.1M+0.5%	$347.7M+0.5%	$347.3M+0.5%	$346.9M+0.5%	$346.4M+0.5%
Total Equity	$259.6M-12.7%	$258.2M+3.6%	$260.7M-1.3%	$277.1M-3.6%	$297.3M-3.9%	$249.1M-26.3%	$264.1M-29.5%	$287.5M-31.4%
Retained Earnings	-$374.0M-11.1%	-$375.4M+2.4%	-$373.1M-0.9%	-$356.8M-3.0%	-$336.6M-3.7%	-$384.7M-30.1%	-$369.8M-42.4%	-$346.3M-61.3%

Not reported in any period shown, so not listed: Inventory, Goodwill.

VTDRF Cash Flow Statement

VTDRF quarterly cash flow statement

Metric	TTM	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Operating Cash Flow	$9.8M	-$18.9M+73.2%	-$70.4M+17.5%	-$85.3M-115.9%	$535.6M+4086.6%	$12.8M+164.4%	-$19.9M-307.7%	-$4.9M-105.3%	$92.6M-61.4%	$239.7M
Depreciation & Amortization	N/A	$44.4M-21.0%	$56.2M-18.7%	$69.2M-8.3%	$75.5M-1.7%	$76.8M-2.4%	$78.6M+15.7%	$67.9M-46.7%	$127.4M+0.6%	$126.6M
Stock-Based Compensation	N/A	$79K-80.0%	$395K-75.5%	$1.6M+68.8%	$957K-86.6%	$7.2M+79.3%	$4.0M+894.3%	$402K-93.1%	$5.8M-26.6%	$7.9M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$46.5M+30.2%	$35.7M
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$46.1M-77.4%	$204.0M
Investing Cash Flow	-$6.5M	$191.5M+2841.1%	$6.5M+306.4%	-$3.2M+59.5%	-$7.8M+91.8%	-$94.6M-532.1%	-$15.0M-25.1%	-$12.0M	N/A	N/A
Financing Cash Flow	N/A	-$170.0M	$0	$0+100.0%	-$524.3M-516.9%	$125.8M+8893.8%	-$1.4M+3.4%	-$1.5M	N/A	N/A

Metric	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K	Q3'2110-Q
Operating Cash Flow	$7.1M+122.4%	-$18.1M-121.1%	$3.1M+111.9%	$17.7M+602.0%	-$31.5M-23.1%	-$8.2M+46.6%	-$25.9M-7.0%	-$3.5M+58.7%
Depreciation & Amortization	$11.0M-0.4%	$11.0M-2.2%	$11.0M-20.2%	$11.0M-22.0%	$11.1M-21.7%	$11.3M-20.0%	$13.8M-5.1%	$14.1M-22.5%
Stock-Based Compensation	N/A	$11K-57.7%	N/A	N/A	N/A	$26K-91.5%	N/A	N/A
Investing Cash Flow	-$1.8M-100.9%	-$843K+77.8%	-$2.1M+44.3%	-$1.7M-229.8%	$199.2M+8932.1%	-$3.8M-129.0%	-$3.8M-631.9%	-$521K+15.0%
Financing Cash Flow	-$1.7M	$4.5M	N/A	N/A	$0	$0	$0	$0
Dividends Paid	$0	$5.3M	N/A	N/A	$0	$0	N/A	N/A

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Share Buybacks.

VTDRF Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VTDRF quarterly financial ratios

Metric	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Gross Margin	15.8%+10.9pp	4.9%+22.4pp	-17.5%-96.9pp	79.4%+55.1pp	24.2%+0.3pp	23.9%+1.4pp	22.5%-31.0pp	53.4%-0.6pp	54.0%
Operating Margin	13.6%+57.1pp	-43.6%	-190.2%	52.8%+72.8pp	-20.1%+10.3pp	-30.4%+13.3pp	-43.7%-77.3pp	33.7%-3.2pp	36.8%
Net Margin	-1.2%+68.3pp	-69.5%	-218.1%	59.9%+122.6pp	-62.7%+7.7pp	-70.4%+22.6pp	-92.9%-95.2pp	2.2%-8.3pp	10.5%
Return on Equity	-1.3%+40.4pp	-41.7%+32.2pp	-73.9%-143.8pp	69.9%	N/A	-195.1%-130.0pp	-65.1%-68.8pp	3.8%-15.2pp	18.9%
Return on Assets	-0.6%+15.2pp	-15.8%+19.4pp	-35.2%-77.0pp	41.8%+54.3pp	-12.5%+1.3pp	-13.8%-1.1pp	-12.7%-13.2pp	0.5%-2.2pp	2.7%
Current Ratio	1.78-2.3x	4.10-1.0x	5.05+0.5x	4.52-0.7x	5.23+0.9x	4.31-1.3x	5.62+2.9x	2.72+1.8x	0.94
Debt-to-Equity	0.69-0.6x	1.31+0.4x	0.92+0.4x	0.53	N/A	11.98+8.2x	3.83+2.0x	1.79-3.3x	5.09
Asset Turnover	0.48+0.3x	0.23+0.1x	0.16-0.5x	0.70+0.5x	0.200.0x	0.20+0.1x	0.14-0.1x	0.230.0x	0.26
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	6.0%-17.1pp	23.1%

Metric	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K	Q3'2110-Q
Gross Margin	31.0%+12.1pp	13.7%-11.0pp	14.6%+2.7pp	6.4%-7.8pp	18.9%+20.2pp	24.7%+50.4pp	11.9%	14.2%+48.9pp
Operating Margin	16.0%-61.3pp	-7.0%-1.0pp	-6.8%+20.1pp	-14.2%+7.0pp	77.3%+132.3pp	-6.0%	-26.9%	-21.3%
Net Margin	1.4%-64.3pp	-3.0%+22.6pp	-21.5%+25.6pp	-28.5%+12.7pp	65.7%+147.0pp	-25.5%	-47.1%	-41.1%
Return on Equity	0.6%-15.6pp	-0.9%+5.1pp	-6.3%+2.6pp	-7.3%+0.3pp	16.2%+25.6pp	-6.0%+4.7pp	-8.9%+3.1pp	-7.6%+32.8pp
Return on Assets	0.3%-6.1pp	-0.4%+1.7pp	-2.8%+0.5pp	-2.7%+0.3pp	6.4%+10.3pp	-2.1%+2.6pp	-3.4%+2.4pp	-3.0%+17.3pp
Current Ratio	2.04-1.7x	1.79-1.2x	1.78-2.3x	3.37+0.2x	3.75+0.1x	3.03-0.7x	4.10-1.0x	3.19-1.9x
Debt-to-Equity	0.73-0.4x	0.73-0.7x	0.69-0.6x	1.26+0.1x	1.17+0.1x	1.39+0.4x	1.31+0.4x	1.21+0.4x
Asset Turnover	0.19+0.1x	0.130.0x	0.13+0.1x	0.090.0x	0.100.0x	0.08+0.1x	0.070.0x	0.070.0x

Not reported in any period shown, so not listed: FCF Margin.

Where VANTAGE DRILLING INTL LTD Ranks

Frequently Asked Questions

What is VANTAGE DRILLING INTL LTD's annual revenue?

VANTAGE DRILLING INTL LTD (VTDRF) reported $278.7M in total revenue for fiscal year 2022. This represents a 75.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is VANTAGE DRILLING INTL LTD's revenue growing?

VANTAGE DRILLING INTL LTD (VTDRF) revenue grew by 75.9% year-over-year, from $158.4M to $278.7M in fiscal year 2022.

Is VANTAGE DRILLING INTL LTD profitable?

No, VANTAGE DRILLING INTL LTD (VTDRF) reported a net income of -$3.4M in fiscal year 2022, with a net profit margin of -1.2%.

What is VANTAGE DRILLING INTL LTD's EBITDA?

VANTAGE DRILLING INTL LTD (VTDRF) had EBITDA of $82.3M in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does VANTAGE DRILLING INTL LTD have?

As of fiscal year 2022, VANTAGE DRILLING INTL LTD (VTDRF) had $74.0M in cash and equivalents against $179.2M in long-term debt.

What is VANTAGE DRILLING INTL LTD's gross margin?

VANTAGE DRILLING INTL LTD (VTDRF) had a gross margin of 15.8% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.

What is VANTAGE DRILLING INTL LTD's operating margin?

VANTAGE DRILLING INTL LTD (VTDRF) had an operating margin of 13.6% in fiscal year 2022, reflecting the profitability of core business operations before interest and taxes.

What is VANTAGE DRILLING INTL LTD's net profit margin?

VANTAGE DRILLING INTL LTD (VTDRF) had a net profit margin of -1.2% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.

What is VANTAGE DRILLING INTL LTD's return on equity (ROE)?

VANTAGE DRILLING INTL LTD (VTDRF) has a return on equity of -1.3% for fiscal year 2022, measuring how efficiently the company generates profit from shareholder equity.

What is VANTAGE DRILLING INTL LTD's operating cash flow?

VANTAGE DRILLING INTL LTD (VTDRF) recorded an outflow of $18.9M in operating cash flow during fiscal year 2022, representing cash used by core business activities.

What are VANTAGE DRILLING INTL LTD's total assets?

VANTAGE DRILLING INTL LTD (VTDRF) had $578.6M in total assets as of fiscal year 2022, including both current and long-term assets.

How many shares does VANTAGE DRILLING INTL LTD have outstanding?

VANTAGE DRILLING INTL LTD (VTDRF) had 13M shares outstanding as of fiscal year 2022.

What is VANTAGE DRILLING INTL LTD's current ratio?

VANTAGE DRILLING INTL LTD (VTDRF) had a current ratio of 1.78 as of fiscal year 2022, which is generally considered healthy.

What is VANTAGE DRILLING INTL LTD's debt-to-equity ratio?

VANTAGE DRILLING INTL LTD (VTDRF) had a debt-to-equity ratio of 0.69 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is VANTAGE DRILLING INTL LTD's return on assets (ROA)?

VANTAGE DRILLING INTL LTD (VTDRF) had a return on assets of -0.6% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.

What is VANTAGE DRILLING INTL LTD's Piotroski F-Score?

VANTAGE DRILLING INTL LTD (VTDRF) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are VANTAGE DRILLING INTL LTD's earnings high quality?

VANTAGE DRILLING INTL LTD (VTDRF) reported a net loss of $3.4M while operations used $18.9M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can VANTAGE DRILLING INTL LTD cover its interest payments?

VANTAGE DRILLING INTL LTD (VTDRF) has an interest coverage ratio of 1.10x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.