Tidewater Inc. Q1 2025: Notes Valued at $180.8M, Loan at $205.4M
Ticker: TDGMW · Form: 10-Q · Filed: May 5, 2025 · CIK: 98222
| Field | Detail |
|---|---|
| Company | Tidewater Inc (TDGMW) |
| Form Type | 10-Q |
| Filed Date | May 5, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, financials, earnings
TL;DR
Tidewater's Q1 2025: Notes $180.8M, Loan $205.4M. Revenue $3.1B.
AI Summary
Tidewater Inc. reported its first quarter 2025 results, with total revenues of $3,144 million for the period ending March 31, 2025. The company's 8.50% Senior Secured Notes due November 2026 had a fair value of $180.8 million as of March 31, 2025. The fair value of the Senior Secured Term Loan was $205.4 million as of the same date.
Why It Matters
This filing provides insight into Tidewater Inc.'s financial health and debt obligations, which can influence investor confidence and the company's ability to fund future operations.
Risk Assessment
Risk Level: low — The filing appears to be a standard quarterly report with no immediate red flags indicating significant financial distress.
Key Numbers
- $3,144 million — Total Revenues (Q1 2025 revenue)
- $180.8 million — Fair Value of Senior Secured Notes (As of March 31, 2025)
- $205.4 million — Fair Value of Senior Secured Term Loan (As of March 31, 2025)
Key Players & Entities
- TIDEWATER INC (company) — Filer
- 8.50% Senior Secured Notes due November 2026 (dollar_amount) — Debt Instrument
- $180.8 million (dollar_amount) — Fair value of Senior Secured Notes
- Senior Secured Term Loan (dollar_amount) — Debt Instrument
- $205.4 million (dollar_amount) — Fair value of Senior Secured Term Loan
- Daniel A. Hudson (person) — Executive Vice President, General Counsel and Corporate Secretary
FAQ
What were Tidewater Inc.'s total revenues for the quarter ending March 31, 2025?
Tidewater Inc.'s total revenues for the quarter ending March 31, 2025, were $3,144 million.
What is the fair value of the 8.50% Senior Secured Notes due November 2026 as of March 31, 2025?
The fair value of the 8.50% Senior Secured Notes due November 2026 was $180.8 million as of March 31, 2025.
What is the fair value of the Senior Secured Term Loan as of March 31, 2025?
The fair value of the Senior Secured Term Loan was $205.4 million as of March 31, 2025.
Who is listed as the Executive Vice President, General Counsel and Corporate Secretary?
Daniel A. Hudson is listed as the Executive Vice President, General Counsel and Corporate Secretary.
What was the fair value of the Senior Secured Term Loan as of December 31, 2024?
The fair value of the Senior Secured Term Loan was $218.2 million as of December 31, 2024.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 5, 2025 by Daniel A. Hudson regarding TIDEWATER INC (TDGMW).