SEAHAWK DRILLING, INC.

EDGAR

6 filing records in this dataset, filed from 2009-09-17 to 2010-11-09. Explore the available filing history and original sources.

Watchlist

Latest quarter

Revenue

18.6 million USD

2010-09-30 · USD

Exact inputs and evidence

Operating margin

-308.71%

2010-09-30 · %

Exact inputs and evidence
  • Operating Income: -119659000 USD Source
  • Operating Income: -62378000 USD Source
  • Revenue: 65849000 USD Source
  • Revenue: 47294000 USD Source
Cash and cash equivalents
73.4 million USD Source
Exact value

73357000 USD

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

97.2 million USD

2009-10-01 – 2010-09-30

Exact inputs and evidence
  • Revenue: 291144000 USD · 2009-01-01 – 2009-12-31 Source
  • Revenue: 259827000 USD · 2009-01-01 – 2009-09-30 Source
  • Revenue: 25272000 USD · 2010-01-01 – 2010-03-31 Source
  • Revenue: 47294000 USD · 2010-01-01 – 2010-06-30 Source
  • Revenue: 25272000 USD · 2010-01-01 – 2010-03-31 Source
  • Revenue: 65849000 USD · 2010-01-01 – 2010-09-30 Source
  • Revenue: 47294000 USD · 2010-01-01 – 2010-06-30 Source

Net income

-90.7 million USD

2009-10-01 – 2010-09-30

Exact inputs and evidence
  • Net income: -41671000 USD · 2009-01-01 – 2009-12-31 Source
  • Net income: -25108000 USD · 2009-01-01 – 2009-09-30 Source
  • Net income: -22336000 USD · 2010-01-01 – 2010-03-31 Source
  • Net income: -42105000 USD · 2010-01-01 – 2010-06-30 Source
  • Net income: -22336000 USD · 2010-01-01 – 2010-03-31 Source
  • Net income: -74170000 USD · 2010-01-01 – 2010-09-30 Source
  • Net income: -42105000 USD · 2010-01-01 – 2010-06-30 Source

Capital expenditure

13.4 million USD

2009-10-01 – 2010-09-30

Exact inputs and evidence
  • Capital expenditure: 19600000 USD · 2009-01-01 – 2009-12-31 Source
  • Capital expenditure: 19018000 USD · 2009-01-01 – 2009-09-30 Source
  • Capital expenditure: 3990000 USD · 2010-01-01 – 2010-03-31 Source
  • Capital expenditure: 8311000 USD · 2010-01-01 – 2010-06-30 Source
  • Capital expenditure: 3990000 USD · 2010-01-01 – 2010-03-31 Source
  • Capital expenditure: 12852000 USD · 2010-01-01 – 2010-09-30 Source
  • Capital expenditure: 8311000 USD · 2010-01-01 – 2010-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2010-11-09.

Financial data available through: 2009-12-31.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2009-12-31
  • Operating income: 3 of 11 periods available· newest 2009-12-31
  • Net income: 3 of 11 periods available· newest 2009-12-31
  • Operating cash flow: 3 of 11 periods available· newest 2009-12-31
  • Capital expenditure: 3 of 11 periods available· newest 2009-12-31
  • Total assets: 2 of 11 periods available· newest 2009-12-31
  • Total liabilities: 2 of 11 periods available· newest 2009-12-31
  • Current assets: 2 of 11 periods available· newest 2009-12-31
  • Current liabilities: 2 of 11 periods available· newest 2009-12-31
  • Cash and cash equivalents: 3 of 11 periods available· newest 2009-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -57.3%

    Prior period

    USD 681.76 million

    –

    Current period

    USD 291.14 million

    –

    Exact inputs and evidence

    291144000 − 681764000 = -390620000 USD

    681764000 USD · 2008-01-01 – 2008-12-31

    Inspect prior input Prior source

    291144000 USD · 2009-01-01 – 2009-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Net income

    -123.7%

    Prior period

    USD 176.02 million

    –

    Current period

    −USD 41.67 million

    –

    Exact inputs and evidence

    -41671000 − 176020000 = -217691000 USD

    176020000 USD · 2008-01-01 – 2008-12-31

    Inspect prior input Prior source

    -41671000 USD · 2009-01-01 – 2009-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Operating cash flow

    -83.5%

    Prior period

    USD 231.52 million

    –

    Current period

    USD 38.11 million

    –

    Exact inputs and evidence

    38111000 − 231516000 = -193405000 USD

    231516000 USD · 2008-01-01 – 2008-12-31

    Inspect prior input Prior source

    38111000 USD · 2009-01-01 – 2009-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Capital expenditure

    -43.5%

    Prior period

    USD 34.72 million

    –

    Current period

    USD 19.6 million

    –

    Exact inputs and evidence

    19600000 − 34720000 = -15120000 USD

    34720000 USD · 2008-01-01 – 2008-12-31

    Inspect prior input Prior source

    19600000 USD · 2009-01-01 – 2009-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2009 2009-01-01 – 2009-12-31

  • Revenue USD 291.14 million 100% of revenue
  • Operating costs Derived USD 361.4 million 124% of revenue
  • Operating income −USD 70.26 million −24% of revenue
  • Tax, interest and other Derived −USD 28.59 million −9.8% of revenue
  • Net income −USD 41.67 million −14% of revenue

Cash

  • Operating cash flow USD 38.11 million 13% of revenue
  • Capital expenditure USD 19.6 million 6.7% of revenue
  • Free cash flow Derived USD 18.51 million 6.4% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2007 25%13%62%
  • 2008 26%9.3%65%
  • 2009 Operating loss: operating costs were 124% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2007 2007-01-01 – 2007-12-31707184000 438030000 Derived 269154000 93508000 Derived 175646000 90671000 Derived
Source
2008 2008-01-01 – 2008-12-31681764000 442493000 Derived 239271000 63251000 Derived 176020000 196796000 Derived
Source
2009 2009-01-01 – 2009-12-31291144000 361404000 Derived -70260000 -28589000 Derived -41671000 18511000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 291.1M 2009
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.763.8M572.8M381.9M190.9M0.0200720082009
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2007Revenue707184000
2008Revenue681764000
2009Revenue291144000

Revenue growth

Change in revenue from the same financial period one year earlier.

-57.3% 2009
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.5%-12%-29%-45%-62%200720082009
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2007Year over yearNo prior comparable period
2008Year over year-3.6%
2009Year over year-57.3%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -24.1% 2009
Net margin -14.3% 2009
Free cash flow margin 6.4% 2009
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.43%25%7%-11%-29%200720082009
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2007Operating margin38.1%
2008Operating margin35.1%
2009Operating margin-24.1%
2007Net margin24.8%
2008Net margin25.8%
2009Net margin-14.3%
2007Free cash flow margin12.8%
2008Free cash flow margin28.9%
2009Free cash flow margin6.4%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 38.1M 2009
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.271.9M203.9M136.0M68.0M0.0200720082009
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2007Operating cash flow251785000
2008Operating cash flow231516000
2009Operating cash flow38111000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 18.5M 2009
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.212.5M159.4M106.3M53.1M0.0200720082009
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2007Free cash flow90671000
2008Free cash flow196796000
2009Free cash flow18511000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

28.5% 2009
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.34.0%25.5%17.0%8.5%0.0%2007-12-3120082009
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2007-12-31Liabilities / assetsNot reportedNo source recorded
2008Liabilities / assets31.5%
2009Liabilities / assets28.5%

Current assets to current liabilities

Current assets divided by current liabilities.

1.6× 2009
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.92×1.44×0.96×0.48×0.00×2007-12-3120082009
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2007-12-31Current assets / current liabilitiesNot reportedNo source recorded
2008Current assets / current liabilities1.77×
2009Current assets / current liabilities1.6×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2007 2007-01-01 – 2007-12-31
USD 175.65 million
Exact value

Exact value: 175646000 USD

2007-01-01 – 2007-12-31: 175646000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 251.79 million
Exact value

Exact value: 251785000 USD

2007-01-01 – 2007-12-31: 251785000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 161.11 million
Exact value

Exact value: 161114000 USD

2007-01-01 – 2007-12-31: 161114000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 90.67 million
Calculation and evidence

251785000 − 161114000 USD

Exact free cash flow: 90671000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2008 2008-01-01 – 2008-12-31
USD 176.02 million
Exact value

Exact value: 176020000 USD

2008-01-01 – 2008-12-31: 176020000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 231.52 million
Exact value

Exact value: 231516000 USD

2008-01-01 – 2008-12-31: 231516000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 34.72 million
Exact value

Exact value: 34720000 USD

2008-01-01 – 2008-12-31: 34720000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 196.8 million
Calculation and evidence

231516000 − 34720000 USD

Exact free cash flow: 196796000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2009 2009-01-01 – 2009-12-31
−USD 41.67 million
Exact value

Exact value: -41671000 USD

2009-01-01 – 2009-12-31: -41671000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 38.11 million
Exact value

Exact value: 38111000 USD

2009-01-01 – 2009-12-31: 38111000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 19.6 million
Exact value

Exact value: 19600000 USD

2009-01-01 – 2009-12-31: 19600000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 18.51 million
Calculation and evidence

38111000 − 19600000 USD

Exact free cash flow: 18511000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

6 filings · 0 latest values · 0 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001452384, 1452384, edgar:1452384

Also known as Pride SpinCo, Inc.