Tidewater IncFind Ratings Reports
TIDEWATER INC's gross profit margin for the fourth quarter of its fiscal year 2020 has increased when compared to the same period a year ago. Even though sales decreased, the net income has increased. TIDEWATER INC has strong liquidity. Currently, the Quick Ratio is 1.78 which shows the ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year, indicating deteriorating cash flow.
During the same period, stockholders' equity ("net worth") has decreased by 18.98% from the same quarter last year. The key liquidity measurements indicate that the company is unlikely to face financial difficulties in the near future.
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|Income Statement||Q4 FY20||Q4 FY19|
|Net Sales ($mil)||91.86||118.78|
|Net Income ($mil)||-29.25||-59.85|
|Balance Sheet||Q4 FY20||Q4 FY19|
|Cash & Equiv. ($mil)||152.01||224.05|
|Total Assets ($mil)||1251.18||1579.53|
|Total Debt ($mil)||196.53||293.71|
|Profitability||Q4 FY20||Q4 FY19|
|Gross Profit Margin||30.61||26.88|
|Return on Assets||-15.68||-8.97|
|Return on Equity||-23.87||-13.97|
|Debt||Q4 FY20||Q4 FY19|
|Share Data||Q4 FY20||Q4 FY19|
|Shares outstanding (mil)||40.71||39.94|
|Div / share||0.0||0.0|
|Book value / share||20.2||25.41|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||221458.0||209195.0|
SELL. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. For additional comparison, its price-to-book ratio of 0.61 indicates a significant discount versus the S&P 500 average of 4.38 and a significant discount versus the subsector average of 2.56. The current price-to-sales ratio is well below the S&P 500 average and is also below the subsector average, indicating a discount. After reviewing these and other key valuation criteria, TIDEWATER INC proves to trade at a discount to investment alternatives.
|TDW NM||Peers 26.32||TDW 126.12||Peers 11.10|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
TDW's P/E is negative making this valuation measure meaningless.
Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
TDW is trading at a significant premium to its peers.
|TDW NM||Peers 32.96||TDW NA||Peers 0.48|
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings.
TDW's ratio is negative making this valuation measure meaningless.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|TDW 0.61||Peers 2.56||TDW -32.42||Peers -1175.28|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
TDW is trading at a significant discount to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
TDW is expected to have an earnings growth rate that significantly exceeds its peers.
|TDW 1.27||Peers 1.52||TDW -18.40||Peers -24.13|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
TDW is trading at a discount to its subsector on this measurement.
Lower. A sales growth rate that trails the subsector implies that a company is losing market share.
TDW significantly trails its peers on the basis of sales growth.