Tidewater Inc. Stock
Tidewater Inc. Stock
Pros and Cons of Tidewater Inc. in the next few years
Pros
Cons
Performance of Tidewater Inc. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Tidewater Inc. | 0.990% | 17.565% | 11.136% | 169.723% | 51.952% | - | - |
| Dril-Quip Inc. | 1.280% | 1.117% | -18.944% | -28.333% | -18.868% | -36.765% | -53.937% |
| Forum Energy Technologies Inc. | 2.310% | 0.581% | -6.486% | -10.825% | -14.356% | 0.581% | -82.820% |
| Helix Energy Solutions | -0.940% | 1.923% | -2.752% | 69.600% | 12.766% | 189.934% | 37.716% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Analyzing the financials of the company Tidewater (TDW), operating within the Oil & Gas Related Equipment and Services industry, a mosaic of perspectives regarding the company's financial health arises. The company presents a blend of potential opportunities and cautionary implications that require a closer, detailed analysis to pull apart.
While scrutinizing some of the financial documents shared, a number of positives surface. Notably, an increasing trend in total assets over the years 2020 to 2022 is visible. Net receivables and cash holdings also demonstrated progression, suggesting Tidewater's ability to entice good customer payment practices and maintain liquidity.
Looking at Tidewater's 2022 balance sheet, net working capital, which represents current assets minus current liabilities, stood at 183 million USD. Boasting substantial net working capital signals Tidewater's adequately positioned to address its short-term liabilities while still fuelling daily operations.
Comments