Vantage Drilling International
Vantage Drilling International Ltd. operates as an offshore drilling company that provides offshore contract drilling services in the United States and internationally. It operates through two segments, Drilling Services and Managed Services. The company offers contract drilling units, related equipment, and work crews on a dayrate basis to drill oil and gas wells. It also provides operational an… Read more
Vantage Drilling International (VTDRF) - Total Assets
Latest total assets as of September 2025: $475.11 Million USD
Based on the latest financial reports, Vantage Drilling International (VTDRF) holds total assets worth $475.11 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Vantage Drilling International - Total Assets Trend (2007–2024)
This chart illustrates how Vantage Drilling International’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vantage Drilling International - Asset Composition Analysis
Current Asset Composition (December 2024)
Vantage Drilling International's total assets of $475.11 Million consist of 44.5% current assets and 55.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 19.3% |
| Accounts Receivable | $35.39 Million | 8.1% |
| Inventory | $48.84 Million | 11.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Vantage Drilling International's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Vantage Drilling International's current assets represent 44.5% of total assets in 2024, a decrease from 99.6% in 2007.
- Cash Position: Cash and equivalents constituted 19.3% of total assets in 2024, up from 0.5% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is inventory at 11.2% of total assets.
Vantage Drilling International Competitors by Total Assets
Key competitors of Vantage Drilling International based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aban Offshore Limited
NSE:ABAN
|
India | ₹16.43 Billion |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828
|
China | CN¥1.85 Billion |
|
Daldrup & Söhne Aktiengesellschaft
F:4DS
|
Germany | €37.46 Million |
|
Velesto Energy Bhd
KLSE:5243
|
Malaysia | RM2.85 Billion |
|
ARCHER
F:8SW
|
Germany | €1.07 Billion |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
|
Agri-Dynamics Inc
PINK:AGDY
|
USA | $144.28K |
|
AKITA Drilling Ltd
PINK:AKTAF
|
USA | $258.01 Million |
Vantage Drilling International - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Vantage Drilling International generates 0.55x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Vantage Drilling International generates $6.35 in net profit.
Vantage Drilling International - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.97 | 1.82 | 5.21 |
| Quick Ratio | 1.84 | 1.33 | 4.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $152.07 Million | $ 94.27 Million | $ 203.47 Million |
Vantage Drilling International - Advanced Valuation Insights
This section examines the relationship between Vantage Drilling International's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.62 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | -22.0% |
| Total Assets | $437.92 Million |
| Market Capitalization | $93.60 Million USD |
Valuation Analysis
Below Book Valuation: The market values Vantage Drilling International's assets below their book value (0.21 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Vantage Drilling International's assets decreased by 22.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Vantage Drilling International (2007–2024)
The table below shows the annual total assets of Vantage Drilling International from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $437.92 Million | -22.04% |
| 2023-12-31 | $561.73 Million | -2.91% |
| 2022-12-31 | $578.56 Million | -17.28% |
| 2021-12-31 | $699.39 Million | -10.83% |
| 2020-12-31 | $784.35 Million | -28.09% |
| 2019-12-31 | $1.09 Billion | -3.44% |
| 2018-12-31 | $1.13 Billion | +4.29% |
| 2017-12-31 | $1.08 Billion | -6.66% |
| 2016-12-31 | $1.16 Billion | -65.18% |
| 2015-12-31 | $3.33 Billion | -5.60% |
| 2014-12-31 | $3.53 Billion | -2.71% |
| 2013-12-31 | $3.63 Billion | +2.77% |
| 2012-12-31 | $3.53 Billion | +66.32% |
| 2011-12-31 | $2.12 Billion | +5.96% |
| 2010-12-31 | $2.00 Billion | +78.99% |
| 2009-12-31 | $1.12 Billion | +68.23% |
| 2008-12-31 | $665.28 Million | +141.36% |
| 2007-12-31 | $275.64 Million | -- |