Independence Contract Drilling, Inc. (ICD): Price and Financial Metrics

ICD POWR Grades

• Momentum is the dimension where ICD ranks best; there it ranks ahead of 99.98% of US stocks.
• ICD's strongest trending metric is Growth; it's been moving up over the last 177 days.
• ICD ranks lowest in Stability; there it ranks in the 8th percentile.

ICD Stock Summary

• With a price/sales ratio of 0.38, INDEPENDENCE CONTRACT DRILLING INC has a higher such ratio than only 10.59% of stocks in our set.
• As for revenue growth, note that ICD's revenue has grown 113.18% over the past 12 months; that beats the revenue growth of 92.81% of US companies in our set.
• Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for ICD comes in at -46.1% -- higher than that of merely 10.58% of stocks in our set.
• If you're looking for stocks that are quantitatively similar to INDEPENDENCE CONTRACT DRILLING INC, a group of peers worth examining would be CYXT, LPG, DAC, CXW, and ASC.
• ICD's SEC filings can be seen here. And to visit INDEPENDENCE CONTRACT DRILLING INC's official web site, go to www.icdrilling.com.

ICD Valuation Summary

• ICD's price/earnings ratio is -0.6; this is 106.38% lower than that of the median Energy stock.
• Over the past 103 months, ICD's price/sales ratio has gone down 5.5.

Below are key valuation metrics over time for ICD.

ICD Growth Metrics

The 5 year revenue growth rate now stands at 167.88%.
• Its 2 year cash and equivalents growth rate is now at -4.21%.
• Its 4 year revenue growth rate is now at 167.88%.

Over the past 67 months, ICD's revenue has gone up $87,169,000.

The table below shows ICD's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	155.012	12.321	-100.265
2022-06-30	129.9	-2.247	-97.373
2022-03-31	107.404	-4.95	-109.483
2021-12-31	87.955	-9.579	-66.712
2021-09-30	72.713	-14.508	-78.324
2021-06-30	58.902	-13.601	-89.221

ICD's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• ICD has a Quality Grade of D, ranking ahead of 11.22% of graded US stocks.
• ICD's asset turnover comes in at 0.182 -- ranking 113th of 137 Petroleum and Natural Gas stocks.
• PUMP, VVV, and PNRG are the stocks whose asset turnover ratios are most correlated with ICD.

The table below shows ICD's key quality metrics over time.