NorAm Drilling AS (OSL:NORAM) Effective Interest Rate on Debt %: 0.00% (As of Mar. 2026)


OSL:NORAM NorAm Drilling AS OSL:NORAM
88 GF Score
Price kr38.00
GF Value kr33.74
Valuation Modestly Overvalued
! 3 Warning Signs
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What is NorAm Drilling AS Effective Interest Rate on Debt %?

NorAm Drilling AS OSL:NORAM -2.19% 88 Effective Interest Rate on Debt % is 0.00% as of Mar. 2026. GuruFocus rates OSL:NORAM with a GF Score™ of 88/100 and a GF Value™ of kr33.74 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. NorAm Drilling AS's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was kr0 Mil. NorAm Drilling AS's average total debt for the quarter that ended in Mar. 2026 was kr0 Mil. Therefore, NorAm Drilling AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was N/A%.


NorAm Drilling AS  (OSL:NORAM) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


NorAm Drilling AS Effective Interest Rate on Debt % Related Terms


NorAm Drilling AS Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for NorAm Drilling AS's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

NorAm Drilling AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 9.14 8.47 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
Effective Interest Rate on Debt % 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, HAL: Effective Interest Rate on Debt % Comparison

For the Oil & Gas Equipment & Services subindustry, NorAm Drilling AS's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NorAm Drilling AS's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where NorAm Drilling AS's Effective Interest Rate on Debt % falls into.


OSL:NORAM
88GF Score
NorAm Drilling AS OSL:NORAM
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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NorAm Drilling AS Effective Interest Rate on Debt % Calculation

NorAm Drilling AS's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -0.273/( (0+0)/ 1 )
=-1  *  -0.273/0
=N/A %

where

NorAm Drilling AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

* 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 Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 0.00% mean?
NorAm Drilling AS (OSL:NORAM) has a Effective Interest Rate on Debt % of 0.00% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on NorAm Drilling AS and its competitors.
Is NorAm Drilling AS's Effective Interest Rate on Debt % too high?
NorAm Drilling AS's current Effective Interest Rate on Debt % is 0.00%. Overall, NorAm Drilling AS has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorAm Drilling AS's Effective Interest Rate on Debt % compare to SLB and BKR?
NorAm Drilling AS's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % for an Oil & Gas company?
A good Effective Interest Rate on Debt % depends on the Oil & Gas industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on NorAm Drilling AS and its competitors. NorAm Drilling AS's current Effective Interest Rate on Debt % 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 Modestly Overvalued. The stock's GF Value™ is kr33.74, compared to a current price of kr38.00 — trading 12.6% above its estimated fair value. The current Effective Interest Rate on Debt % is 0.00%. NorAm Drilling AS's overall GF Score™ is 88/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For NorAm Drilling AS (OSL:NORAM), the current Effective Interest Rate on Debt % 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 kr38.00 is trading 12.6% above its estimated GF Value™ of kr33.74. GuruFocus considers NorAm Drilling AS to be Modestly Overvalued.

Key valuation signals for OSL:NORAM:

  • Effective Interest Rate on Debt %: 0.00%
  • GF Value™: kr33.74 vs. price of kr38.00 (12.6% above fair value)
  • GF Score™: 88/100 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.
88GF Score

Get the complete analysis for OSL:NORAM

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr38.00
Price
kr33.74
GF Value