Odfjell Drilling (CHIX:ODLO) Debt-to-EBITDA : 2.52 (As of Mar. 2026) — 29% Below Median

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CHIX:ODLO Odfjell Drilling Ltd CHIX:ODLO
73 GF Score
Price kr84.10
GF Value kr75.14
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Odfjell Drilling Debt-to-EBITDA?

Odfjell Drilling CHIX:ODLO 73 Debt-to-EBITDA is 2.52 as of Mar. 2026, which is 29% below its 10-year median of 3.54. GuruFocus rates CHIX:ODLO with a GF Score™ of 73/100 and a GF Value™ of kr75.14 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 706 Oil & Gas companies, Odfjell Drilling ranks worse than 66.86% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Odfjell Drilling's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr1,141 Mil. Odfjell Drilling's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr8,502 Mil. Odfjell Drilling's annualized EBITDA for the quarter that ended in Mar. 2026 was kr3,829 Mil. Odfjell Drilling's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.52.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Odfjell Drilling's Debt-to-EBITDA or its related term are showing as below:

CHIX:ODLo' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.97   Med: 3.54   Max: 5.17
Current: 3.28

During the past 13 years, the highest Debt-to-EBITDA Ratio of Odfjell Drilling was 5.17. The lowest was 1.97. And the median was 3.54.

CHIX:ODLo's Debt-to-EBITDA is ranked worse than
66.86% of 706 companies
in the Oil & Gas industry
Industry Median: 2.015 vs CHIX:ODLo: 3.28

Odfjell Drilling  (CHIX:ODLo) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Odfjell Drilling Debt-to-EBITDA Related Terms


Odfjell Drilling Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Odfjell Drilling's Debt-to-EBITDA 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.

Odfjell Drilling Debt-to-EBITDA Chart

Odfjell Drilling Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.05 2.95 2.48 1.97 2.47

Odfjell Drilling Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 3.10 2.52 2.03 4.12 2.52

CHIX:ODLO vs NE, RIG, VAL: Debt-to-EBITDA Comparison

For the Oil & Gas Drilling subindustry, Odfjell Drilling's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Odfjell Drilling Debt-to-EBITDA vs Oil & Gas Industry

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

* The bar in red indicates where Odfjell Drilling's Debt-to-EBITDA falls into.


CHIX:ODLO
73GF Score
Odfjell Drilling Ltd CHIX:ODLO
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Odfjell Drilling Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Odfjell Drilling's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1101.652 + 9618.737) / 4341.924
=2.47

Odfjell Drilling's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1140.681 + 8501.5) / 3828.668
=2.52

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.52 mean?
Odfjell Drilling (CHIX:ODLO) has a Debt-to-EBITDA of 2.52 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Odfjell Drilling. This is 29% below median its historical median of 3.54. Over the past decade, Odfjell Drilling's Debt-to-EBITDA has ranged from 1.97 to 5.17. According to the industry distribution chart, Odfjell Drilling ranks #472 out of 706 companies in the Oil & Gas industry, placing it in the top 66.9%.
Is Odfjell Drilling's Debt-to-EBITDA too high?
Odfjell Drilling's current Debt-to-EBITDA of 2.52 is 29% below median its 10-year median of 3.54. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 5.17. The Oil & Gas industry median Debt-to-EBITDA is 2.02. Odfjell Drilling's value of 2.52 is 25.1% above this industry median. Based on the distribution chart, Odfjell Drilling ranks #472 out of 706 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Odfjell Drilling has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Odfjell Drilling's Debt-to-EBITDA compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Odfjell Drilling ranks #472 out of 706 companies for Debt-to-EBITDA. This places Odfjell Drilling in the lower half of its industry. The industry median Debt-to-EBITDA is 2.02. Odfjell Drilling's value of 2.52 is 25.1% above this benchmark. Historically, Odfjell Drilling's own Debt-to-EBITDA has ranged from 1.97 to 5.17 over the past decade. While the company's 10-year median is 3.54 vs. the industry median of 2.02, Odfjell Drilling has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.02, based on 706 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Odfjell Drilling's current Debt-to-EBITDA of 2.52 is 25.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Odfjell Drilling. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Odfjell Drilling's current Debt-to-EBITDA is 2.52, which is 29% below median its own 10-year median of 3.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odfjell Drilling stock overvalued right now?
Based on GuruFocus' analysis, Odfjell Drilling (CHIX:ODLO) is currently considered Modestly Overvalued. The stock's GF Value™ is kr75.14, compared to a current price of kr84.10 — trading 11.9% above its estimated fair value. The current Debt-to-EBITDA is 2.52, which is 29% below median its 10-year median of 3.54 and 25.1% above the Oil & Gas industry median of 2.02. Odfjell Drilling's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Odfjell Drilling (CHIX:ODLO), the current Debt-to-EBITDA is 2.52 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 Odfjell Drilling (CHIX:ODLO) Overvalued in 2026?

Based on GuruFocus' analysis, Odfjell Drilling stock appears to be overvalued. The current stock price of kr84.10 is trading 11.9% above its estimated GF Value™ of kr75.14. GuruFocus considers Odfjell Drilling to be Modestly Overvalued.

Key valuation signals for CHIX:ODLO:

  • Debt-to-EBITDA: 2.52 (29% below median its 10-year median of 3.54)
  • GF Value™: kr75.14 vs. price of kr84.10 (11.9% above fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 25.1% above the Oil & Gas median (#472 of 706)

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


Odfjell Drilling Business Description

Industry EnergyOil & Gas
Address Lower Ground Floor, Prime View, Prime Four Business Park, Kingswells, Aberdeen, Scotland, GBR, AB15 8PU
Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operate mobile offshore drilling units. It operates in the segments Own Fleet and External Fleet. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units, mainly operational management, management of regulatory requirements, marketing, contract negotiations, client relations, preparations for the operation, and mobilization. The majority of revenue is generated from the Own Fleet segment. Geographically, it generates the majority of its revenue from Norway.
73GF Score

Get the complete analysis for CHIX:ODLO

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

kr84.10
Price
kr75.14
GF Value