10 Cash Rich Companies
By
siliconindia | Tuesday, March 20, 2012
3. Diamond Offshore - Energy Sector
Diamond Offshore Drilling Inc. is a contractor of deepwater drilling. It provides its services to the gas and oil industry. It is headquartered in Houston, Texas, USA. James S. Tisch is the CEO of the firm, while Lawrence R. Dickerson is the President.
Cash as Percent of Assets: 17.8 Percent
Cash as Percent of Annual Revenue: 38 Percent
Total Cash and Short-term Investments: $1.24 Billion
Sector Averages
Liquid Assets as Percent of Total Assets: 6.38 Percent
Total Liquid Assets: $90.99 Million
Other Cash-Rich Companies in Energy Sector
Devon Energy: 17.8 Percent of Assets
Sunoco: 17.2 Percent of Assets