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Odfjell Drilling (OSL:ODL) Debt-to-Revenue : 1.63 (As of Dec. 2023)


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What is Odfjell Drilling Debt-to-Revenue?

Debt-to-Revenue 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 Dec. 2023 was kr1,840 Mil. Odfjell Drilling's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr6,332 Mil. Odfjell Drilling's annualized Revenue for the quarter that ended in Dec. 2023 was kr5,030 Mil. Odfjell Drilling's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 1.62.


Odfjell Drilling Debt-to-Revenue Historical Data

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

* Premium members only.

Odfjell Drilling Debt-to-Revenue Chart

Odfjell Drilling Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.35 2.77 2.31 1.73

Odfjell Drilling Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Revenue 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 2.36 2.00 1.87 1.83 1.63

Competitive Comparison of Odfjell Drilling's Debt-to-Revenue

For the Oil & Gas Drilling subindustry, Odfjell Drilling's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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's Debt-to-Revenue Distribution in the Oil & Gas Industry

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

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



Odfjell Drilling Debt-to-Revenue Calculation

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

Odfjell Drilling's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1839.815 + 6331.75) / 4737.736
=1.72

Odfjell Drilling's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1839.815 + 6331.75) / 5029.952
=1.62

* 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-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


Odfjell Drilling Debt-to-Revenue Related Terms

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Odfjell Drilling (OSL:ODL) Business Description

Traded in Other Exchanges
Address
Crawpeel Road, Bergen House, Altens, Aberdeen, GBR, AB12 3LG
Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operates mobile offshore drilling units. It operates in the segments Own Fleet, External Fleet and Corporate / other. 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 and client relations, preparations for operation and mobilisation. Majority of revenue is generated from Own Fleet segment. Geographically, It operates in Norway.

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