Dolphin Drilling AS (FRA:5DP) Debt-to-Asset : 0.43 (As of Jun. 2026)

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FRA:5DP Dolphin Drilling AS FRA:5DP
51 GF Score
Price €0.18
GF Value €0.33
Valuation Possible Value Trap
! 2 Warning Signs
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What is Dolphin Drilling AS Debt-to-Asset?

Dolphin Drilling AS FRA:5DP -1.87% 51 Debt-to-Asset is 0.43 as of Jun. 2026. GuruFocus rates FRA:5DP with a GF Score™ of 51/100 and a GF Value™ of €0.33 (Possible Value Trap). The stock has 2 warning signs investors should review.

Dolphin Drilling AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €17.1 Mil. Dolphin Drilling AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €58.4 Mil. Dolphin Drilling AS's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was €176.6 Mil. Dolphin Drilling AS's debt to asset for the quarter that ended in Jun. 2026 was 0.43.

Dolphin Drilling AS  (FRA:5DP) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Dolphin Drilling AS Debt-to-Asset Related Terms

Dolphin Drilling AS Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Dolphin Drilling AS's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dolphin Drilling AS Debt-to-Asset Chart

Dolphin Drilling AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.01 0.11 0.43 0.49

Dolphin Drilling AS Quarterly Data
Mar18 Jun18 Sep18 Dec18 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.42 0.49 0.50 0.43

FRA:5DP vs NE, RIG, VAL: Debt-to-Asset Comparison

For the Oil & Gas Drilling subindustry, Dolphin Drilling AS's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dolphin Drilling AS Debt-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dolphin Drilling AS's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Dolphin Drilling AS's Debt-to-Asset falls into.


FRA:5DP
51GF Score
Dolphin Drilling AS FRA:5DP
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dolphin Drilling AS Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Dolphin Drilling AS's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(22.285 + 52.386) / 154.112
=0.48

Dolphin Drilling AS's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(17.1 + 58.416) / 176.551
=0.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.43 mean?
Dolphin Drilling AS (FRA:5DP) has a Debt-to-Asset of 0.43 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Dolphin Drilling AS and its competitors.
Is Dolphin Drilling AS's Debt-to-Asset too high?
Dolphin Drilling AS's current Debt-to-Asset is 0.43. Overall, Dolphin Drilling AS has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dolphin Drilling AS's Debt-to-Asset compare to NE and RIG?
Dolphin Drilling AS's Debt-to-Asset of 0.43 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Oil & Gas company?
A good Debt-to-Asset depends on the Oil & Gas industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Dolphin Drilling AS and its competitors. Dolphin Drilling AS's current Debt-to-Asset is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolphin Drilling AS stock overvalued right now?
Based on GuruFocus' analysis, Dolphin Drilling AS (FRA:5DP) is currently considered Possible Value Trap. The stock's GF Value™ is €0.33, compared to a current price of €0.18 — trading 44.2% below its estimated fair value. The current Debt-to-Asset is 0.43. Dolphin Drilling AS's overall GF Score™ is 51/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Dolphin Drilling AS (FRA:5DP), the current Debt-to-Asset is 0.43 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dolphin Drilling AS (FRA:5DP) Overvalued in 2026?

Based on GuruFocus' analysis, Dolphin Drilling AS stock appears to be undervalued. The current stock price of €0.18 is trading 44.2% below its estimated GF Value™ of €0.33. GuruFocus considers Dolphin Drilling AS to be Possible Value Trap.

Key valuation signals for FRA:5DP:

  • Debt-to-Asset: 0.43
  • GF Value™: €0.33 vs. price of €0.18 (44.2% below fair value)
  • GF Score™: 51/100 with 2 warning signs

No single metric tells the full story. See the FRA:5DP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Dolphin Drilling AS Business Description

Industry EnergyOil & Gas
Other Exchanges DDRIL:Norway
Address Vestre Svanholmen 12, Sandnes, NOR, 4313
Dolphin Drilling AS is organised into one segment; drilling services to the offshore oil and gas offshore industry. The company has presence in United Kingdom, India, Nigeria, Norway, and Others. The company generates majority of revenue from India.
51GF Score

Get the complete analysis for FRA:5DP

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.18
Price
€0.33
GF Value