Seadrill Limited — Earnings Quality Grade F
SDRL · Energy
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 41 days, change -10 days YoY
AR growth -16.1% vs revenue growth 3.8%
Revenue 3.8%, CFFO -131.8%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth -29.9% vs revenue 3.8%. Normal
SG&A/Gross Profit = 59.5%. Normal
Gross margin swung -9.1pp (21.2% → 12.0%)
Cash Flow Quality
CFFO < Net Income for 3 consecutive years
FCF is negative ($-0.1B)
Accruals ratio = -1.2%. Low accruals
Cash $0.3B covers 54% of debt $0.6B
Balance Sheet Health
No goodwill. Clean balance sheet
Interest coverage = 1.1x (<2x). Financial stress
Insufficient data
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
No goodwill
Manipulation Score
M-Score = -2.37 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25