Northern Ocean (OSL:NOL) Ending Cash Position: kr273 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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OSL:NOL Northern Ocean Ltd OSL:NOL
64 GF Score
Price kr7.48
GF Value kr6.13
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Northern Ocean Ending Cash Position?

Northern Ocean OSL:NOL +0.27% 64 Ending Cash Position is kr273 Mil as of Mar. 2026. GuruFocus rates OSL:NOL with a GF Score™ of 64/100 and a GF Value™ of kr6.13 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Northern Ocean's Ending Cash Position for the quarter that ended in Mar. 2026 was kr273 Mil.

Northern Ocean's quarterly Ending Cash Position declined from Sep. 2025 (kr437 Mil) to Dec. 2025 (kr381 Mil) and declined from Dec. 2025 (kr381 Mil) to Mar. 2026 (kr273 Mil).

Northern Ocean's annual Ending Cash Position declined from Dec. 2023 (kr575 Mil) to Dec. 2024 (kr481 Mil) and declined from Dec. 2024 (kr481 Mil) to Dec. 2025 (kr381 Mil).

Northern Ocean Ending Cash Position Related Terms

Northern Ocean Ending Cash Position Historical Data

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The historical data trend for Northern Ocean's Ending Cash Position 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.

Northern Ocean Ending Cash Position Chart

Northern Ocean Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Ending Cash Position
Get a 7-Day Free Trial 140.22 720.48 574.86 481.23 380.84

Northern Ocean Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Ending Cash Position 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 620.96 284.40 436.93 380.84 272.78
OSL:NOL
64GF Score
Northern Ocean Ltd OSL:NOL
Ending Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Ocean Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Northern Ocean's Ending Cash Position for the fiscal year that ended in Dec. 2025 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=433.475+-52.637
=381

Northern Ocean's Ending Cash Position for the quarter that ended in Mar. 2026 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=363.927+-91.149
=273

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of kr273 Mil mean?
Northern Ocean (OSL:NOL) has a Ending Cash Position of kr273 Mil as of Mar. 2026. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Northern Ocean and its competitors.
Is Northern Ocean's Ending Cash Position too high?
Northern Ocean's current Ending Cash Position is kr273 Mil. Overall, Northern Ocean has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Northern Ocean's Ending Cash Position compare to NE and RIG?
Northern Ocean's Ending Cash Position of kr273 Mil 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 Ending Cash Position for an Oil & Gas company?
A good Ending Cash Position depends on the Oil & Gas industry context. However, Ending Cash Position 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 Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Northern Ocean and its competitors. Northern Ocean's current Ending Cash Position is kr273 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Ocean stock overvalued right now?
Based on GuruFocus' analysis, Northern Ocean (OSL:NOL) is currently considered Modestly Overvalued. The stock's GF Value™ is kr6.13, compared to a current price of kr7.48 — trading 22% above its estimated fair value. The current Ending Cash Position is kr273 Mil. Northern Ocean's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Northern Ocean (OSL:NOL), the current Ending Cash Position is kr273 Mil 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 Northern Ocean (OSL:NOL) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Ocean stock appears to be overvalued. The current stock price of kr7.48 is trading 22% above its estimated GF Value™ of kr6.13. GuruFocus considers Northern Ocean to be Modestly Overvalued.

Key valuation signals for OSL:NOL:

  • Ending Cash Position: kr273 Mil
  • GF Value™: kr6.13 vs. price of kr7.48 (22% above fair value)
  • GF Score™: 64/100 with 4 warning signs

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

Northern Ocean Business Description

Industry EnergyOil & Gas
Other Exchanges NTNOF:USANOLo:Sweden
Address 14 Par La Ville Road, Par La Ville Place, PO Box HM 1593, Hamilton, BMU, HM08
Northern Ocean Ltd is an international offshore drilling contractor for the oil and gas industry. The company acquires and operates modern drilling assets and is engaged in offshore contract drilling in benign and harsh environments, including ultra-deep-water environments. It owns a semi-submersible rig, Deepsea Mira. The company earns revenue mainly from drilling contracts for rigs.
64GF Score

Get the complete analysis for OSL:NOL

Ending Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr7.48
Price
kr6.13
GF Value