Independence Contract Drilling Inc is engaged in providing land-based contract drilling services for oil and natural gas producers. The company constructs its own and operates a premium land rig fleet. It develops and assembles its ShaleDriller series rig which is used for the development of oil and gas properties. The company's customers for contract drilling services in the United States include oil and natural gas companies, independent oil and natural gas companies, as well as various small to mid-sized publicly traded and privately held oil and gas companies.

Financial Strength

4/10

Name	Current	Vs Industry
Cash-To-Debt	0.04
Equity-to-Asset	0.46
Debt-to-Equity	0.86
Debt-to-EBITDA	3.94
Interest Coverage	0.31
Piotroski F-Score	6/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	-0.96	Distress Grey Safe
Beneish M-Score	-3.56	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

4/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	-4.1
	3-Year EPS without NRI Growth Rate	46.6
	3-Year Book Growth Rate	-32
	Future 3-5Y Total Revenue Growth Rate	7.23

Momentum Rank

2/10

	Name	Current	Vs Industry		Vs History
	5-Day RSI	46.47
	9-Day RSI	52.64
	14-Day RSI	53
	6-1 Month Momentum %	-41.18
	12-1 Month Momentum %	-43.71

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	1.07
	Quick Ratio	1.04
	Cash Ratio	0.14
	Days Inventory	3.42
	Days Sales Outstanding	60.7
	Days Payable	49.34

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	3-Year Average Share Buyback Ratio	-32.7
	Shareholder Yield %	-87.82

Profitability Rank

3/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	17.28
	Operating Margin %	5.34
	Net Margin %	-17.94
	FCF Margin %	9.69
	ROE %	-18.28
	ROA %	-9.04
	ROIC %	2.83
	ROC (Joel Greenblatt) %	-1
	ROCE %	-0.98

GF Value Rank

4/10

	Name	Current	Vs Industry		Vs History
	PS Ratio	0.13
	PB Ratio	0.15
	Price-to-Tangible-Book	0.15
	Price-to-Free-Cash-Flow	1.3
	Price-to-Operating-Cash-Flow	0.43
	EV-to-EBIT	-48.51
	EV-to-Forward-EBIT	-601.01
	EV-to-EBITDA	4.53
	EV-to-Forward-EBITDA	4.12
	EV-to-Revenue	0.86
	EV-to-Forward-Revenue	1
	EV-to-FCF	8.85
	Price-to-Projected-FCF	0.63
	Earnings Yield (Greenblatt) %	-2.06
	FCF Yield %	69.84

Financials (Next Earnings Date:2024-05-09 Est.)

Annual Quarterly TTM

ICD's 30-Y Financials

AAPL

Income Statement Breakdown

Annual Quarterly

No Enough Data

AAPL

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

AAPL

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

See Details

5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

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Insider Trades

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Gurus Latest Trades with NYSE:ICD

No Available Data

Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015

Independence Contract Drilling Inc Executives

Details

GF Value: $3.78

ICD

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 2 Severe warning signs with ICD. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil $)	210.106
	EPS (TTM) ($)	-2.689
	Beta	1.21
	Volatility %	33.39
	14-Day RSI	53
	14-Day ATR ($)	0.110355
	20-Day SMA ($)	1.9
	12-1 Month Momentum %	-43.71
	52-Week Range ($)	1.61 - 3.45
	Shares Outstanding (Mil)	15.27

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	6
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

Independence Contract Drilling Inc Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

Independence Contract Drilling Inc Stock Events

Financials Calendars

	Event	Date	Price($)
No Event Data

Independence Contract Drilling Inc Frequently Asked Questions

What is Independence Contract Drilling Inc(ICD)'s stock price today?

The current price of ICD is $1.91. The 52 week high of ICD is $3.45 and 52 week low is $1.61.

When is next earnings date of Independence Contract Drilling Inc(ICD)?

The next earnings date of Independence Contract Drilling Inc(ICD) is 2024-05-09 Est..

Does Independence Contract Drilling Inc(ICD) pay dividends? If so, how much?

Independence Contract Drilling Inc(ICD) does not pay dividend.

Press Release

	Subject	Date
No Press Release

Headlines

No news.

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