NorAm Drilling AS (OSL:NORAM) Debt-to-Asset : 0.00 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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OSL:NORAM NorAm Drilling AS OSL:NORAM
91 GF Score
Price kr44.55
GF Value kr33.32
Valuation Significantly Overvalued
! 3 Warning Signs
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What is NorAm Drilling AS Debt-to-Asset?

NorAm Drilling AS OSL:NORAM +0.79% 91 Debt-to-Asset is 0.00 as of Mar. 2026. GuruFocus rates OSL:NORAM with a GF Score™ of 91/100 and a GF Value™ of kr33.32 (Significantly Overvalued). The stock has 3 warning signs investors should review.

NorAm Drilling AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr0 Mil. NorAm Drilling AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr0 Mil. NorAm Drilling AS's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was kr721 Mil. NorAm Drilling AS's debt to asset for the quarter that ended in Mar. 2026 was 0.00.


NorAm Drilling AS  (OSL:NORAM) 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.


NorAm Drilling AS Debt-to-Asset Related Terms


NorAm Drilling AS Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for NorAm 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.

NorAm Drilling AS Debt-to-Asset Chart

NorAm Drilling AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial 0.66 0.00 0.00 0.00 0.00

NorAm Drilling AS Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

OSL:NORAM vs SLB, BKR, FTI: Debt-to-Asset Comparison

For the Oil & Gas Equipment & Services subindustry, NorAm 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.


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

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

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


OSL:NORAM
91GF Score
NorAm Drilling AS OSL:NORAM
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NorAm Drilling AS Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

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

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

* 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 0.00 mean?
NorAm Drilling AS (OSL:NORAM) has a Debt-to-Asset of 0.00 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on NorAm Drilling AS and its competitors.
Is NorAm Drilling AS's Debt-to-Asset too high?
NorAm Drilling AS's current Debt-to-Asset is 0.00. Overall, NorAm Drilling AS has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorAm Drilling AS's Debt-to-Asset compare to SLB and BKR?
NorAm Drilling AS's Debt-to-Asset of 0.00 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 NorAm Drilling AS and its competitors. NorAm Drilling AS's current Debt-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorAm Drilling AS stock overvalued right now?
Based on GuruFocus' analysis, NorAm Drilling AS (OSL:NORAM) is currently considered Significantly Overvalued. The stock's GF Value™ is kr33.32, compared to a current price of kr44.55 — trading 33.7% above its estimated fair value. The current Debt-to-Asset is 0.00. NorAm Drilling AS's overall GF Score™ is 91/100 with 3 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 NorAm Drilling AS (OSL:NORAM), the current Debt-to-Asset is 0.00 as of Mar. 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 NorAm Drilling AS (OSL:NORAM) Overvalued in 2026?

Based on GuruFocus' analysis, NorAm Drilling AS stock appears to be overvalued. The current stock price of kr44.55 is trading 33.7% above its estimated GF Value™ of kr33.32. GuruFocus considers NorAm Drilling AS to be Significantly Overvalued.

Key valuation signals for OSL:NORAM:

  • Debt-to-Asset: 0.00
  • GF Value™: kr33.32 vs. price of kr44.55 (33.7% above fair value)
  • GF Score™: 91/100 with 3 warning signs

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


NorAm Drilling AS Business Description

Industry EnergyOil & Gas
Other Exchanges TM9:Germany
Address Bryggegata 3, P.O. Box 1327 - Vika, Oslo, NOR, 0112
NorAm Drilling AS owns and operates a quality rig portfolio of super spec developed high-end AC driven rigs tailored for the drilling of horizontal wells in the USA land drilling market. These rigs are designed to combine the cost efficiency of a compact rig with the versatility of different rig classes, enabling the rigs to cover a broad range of wells for both liquids and gas. The group's operating segments are NorAm Drilling Company, which derives maximum revenue, and NorAm Drilling AS.
91GF Score

Get the complete analysis for OSL:NORAM

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

kr44.55
Price
kr33.32
GF Value