Tidewater Inc.
Company Overview
Tidewater Inc. is the leading global provider of offshore marine support vessels serving the global offshore energy industry. The company owns and operates one of the largest fleets of offshore support vessels in the industry, serving customers in offshore oil and gas exploration, development, and production.
The company provides services including towing of mobile drilling rigs and equipment, platform supply services, anchor handling, and support for offshore construction and maintenance work. Their vessels also transport supplies, personnel, and equipment between shore bases and offshore facilities.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $340.36m | $288.03m | - | $17.62m | 0.00% | 6.12% |
| June 30, 2024 | $339.23m | $280.23m | - | $19.13m | 0.00% | 6.83% |
| March 31, 2024 | $321.16m | $258.74m | - | $19.48m | 0.00% | 7.53% |
Company Impact
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