Can Seadrill cover its short-term obligations?

Its current ratio is 1.94 — current assets exceed current liabilities.

Where does Seadrill's balance sheet data come from?

Every line is extracted from Seadrill's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Seadrill SDRL Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23
Cash and cash equivalents	$365M-27.7%	$505M-30.6%	$728M+51.7%
Restricted cash	$26M-3.7%	$27M-12.9%	$31M-29.5%
Accounts receivable, net	$676M+295%	$171.25M+585%	$25M—
Prepaid expenses and other current assets	$80M-65.2%	$230M+15.6%	$199M+2,311%
Income taxes receivable	$52M-5.5%	$55M—	——
Total current assets	$758M-18.3%	$928M-19.9%	$1.16B—
Deferred tax assets	$14M+27.3%	$11M+22.2%	$9M+400%
Other non-current assets	$110M-24.7%	$146M+161%	$56M—
Equity method investments	$58M-14.7%	$68M-24.4%	$90M—
Total noncurrent assets	$3.19B-1.2%	$3.23B+5.5%	$3.06B—
Total assets	$3.95B-5.0%	$4.16B-1.5%	$4.22B—
Accounts payable	$61M-48.3%	$118M+123%	$53M+130%
Accrued expenses	$47M-87.7%	$383M+14.0%	$336M—
Deferred revenue	$58M-7.9%	$63M—	——
Operating lease liabilities, current	$2M-33.3%	$3M+50.0%	$2M—
Contract liabilities	$36M-25.0%	$48M—	——
Income taxes payable	$35M+75.0%	$20M—	——
Accrued interest	$21M0.0%	$21M—	——
Other current liabilities	$12M-7.7%	$13M—	——
Total current liabilities	$374M-25.3%	$501M+28.8%	$389M—
Long-term debt	$613M+0.5%	$610M+0.3%	$608M—
Operating lease liabilities, non-current	$18M+125%	$8M—	——
Operating Lease Liabilities (Total)	$20M+81.8%	$11M+175%	$4M—
Other non-current liabilities	$88M-24.1%	$116M-49.3%	$229M—
Total noncurrent liabilities	$715M-3.0%	$737M-12.9%	$846M—
Common stock	375M+60,189%	622K-16.1%	741K+48.2%
Additional paid-in capital	$1.99B+0.9%	$1.97B-20.6%	$2.48B—
Retained earnings	$870M-8.1%	$947M+89.0%	$501M—
Accumulated other comprehensive income (loss)	$1M0.0%	$1M0.0%	$1M—
Total stockholders' equity	$2.86B-2.1%	$2.92B-2.2%	$2.98B—
Total liabilities and stockholders' equity	$3.95B-5.0%	$4.16B-1.5%	$4.22B—
Capitalized Contract Costs, Current	$80M-3.6%	$83M—	——
Deferred costs	$80M-3.6%	$83M—	——
Other current assets	$231M+0.4%	$230M+15.6%	$199M—
Other accounts receivable (net of allowances of $37 in 2026 and $37 in 2025)	$0-100%	$35M—	——
Other Receivables	$0-100%	$35M—	——
Deferred Tax Assets and Other Non-Current Assets	$110M-24.7%	$146M+161%	$56M—
Deferred tax assets	$44M-30.2%	$63M+37.0%	$46M—
Drilling units, net of accumulated depreciation of 754 as of March 31, 2026 (December 31, 2025: 682)	$2.97B+0.8%	$2.95B+3.1%	$2.86B—
Other non-current assets	$110M-24.7%	$146M+161%	$56M—
Software and Technology Licenses, Net	$110M-24.7%	$146M+161%	$56M—
Accrued Manufacturing Costs	$47M-26.6%	$64M—	——
Accrued Progress Collections and Price Adjustments	$36M-25.0%	$48M—	——
Other Commercial Liabilities	$137M-25.1%	$183M—	——
Accrued Liabilities, Current	$137M-25.1%	$183M—	——
Compensation and benefits	$47M-26.6%	$64M—	——
Other accrued liabilities	$313M-18.3%	$383M—	——
Contract Liabilities, Non-Current	$36M-25.0%	$48M—	——
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$13M-18.8%	$16M—	——
Deferred revenue, net of current portion	$36M-25.0%	$48M—	——
Total debt	$633M+1.9%	$621M+1.5%	$612M—
Total Carrying Value of Debt	$625M0.0%	$625M—	——
Common Stock Par Value Per Share	$0.010.0%	$0.01—	——
Common Stock Shares Issued	62.4M+0.4%	62.2M—	——
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$624K+0.3%	$622K-16.1%	$741K+48.2%
Common stock, par value (in dollars per share)	$0.010.0%	$0.01—	——
Common stock, shares authorized (in shares)	$375M0.0%	$375M—	——
Common stock, shares issued (in shares)	$62.37M+0.4%	$62.15M—	——
Contract value deduction percentage	——	——	——
Contract value deduction	——	——	——
Contract with Customer, Liability	$94M-15.3%	$111M—	——
Long-term debt, gross	$625M0.0%	$625M—	——
Debt Instrument, Unamortized Discount (Premium), Net	$1M0.0%	$1M—	——
Debt premiums	$1M0.0%	$1M—	——
Deferred income taxes	$14M+27.3%	$11M+22.2%	$9M—
Drilling units, accumulated depreciation	$682M+58.6%	$430M—	——
Equity method investments (Note 11)	$58M-14.7%	$68M-24.4%	$90M—
Tax receivable within other current assets	$52M-5.5%	$55M—	——
Number of active contracts	——	——	——
Number of future contracts	——	——	——
Other	$38M—	——	——
Other	$12M-7.7%	$13M—	——
Other	$12M+500%	$2M—	——
Prepaid expenses	$61M+7.0%	$57M—	——
Property Plant And Equipment Other Net	$8M+60.0%	$5M-50.0%	$10M—
Management fee received	$3M-57.1%	$7M—	——
Uncertain tax positions	$22M-60.0%	$55M—	——
Unfavorable drilling contracts	$3M-84.2%	$19M—	——

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Questions, answered.

Can Seadrill cover its short-term obligations?: Its current ratio is 1.94 — current assets exceed current liabilities.
Where does Seadrill's balance sheet data come from?: Every line is extracted from Seadrill's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.