Shelf Drilling (North Sea) (OSL:SDNS) Equity-to-Asset : 0.38 (As of Dec. 2023)

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What is Shelf Drilling (North Sea) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shelf Drilling (North Sea)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr1,905 Mil. Shelf Drilling (North Sea)'s Total Assets for the quarter that ended in Dec. 2023 was kr4,979 Mil. Therefore, Shelf Drilling (North Sea)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.38.

The historical rank and industry rank for Shelf Drilling (North Sea)'s Equity-to-Asset or its related term are showing as below:

OSL:SDNS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.39 Max: 0.4
Current: 0.38

During the past 3 years, the highest Equity to Asset Ratio of Shelf Drilling (North Sea) was 0.40. The lowest was 0.38. And the median was 0.39.

OSL:SDNS's Equity-to-Asset is ranked worse than
65.48% of 1092 companies
in the Oil & Gas industry
Industry Median: 0.5 vs OSL:SDNS: 0.38

Shelf Drilling (North Sea) Equity-to-Asset Historical Data

The historical data trend for Shelf Drilling (North Sea)'s Equity-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.

* Premium members only.

Shelf Drilling (North Sea) Equity-to-Asset Chart

Shelf Drilling (North Sea) Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.40

0.38

Shelf Drilling (North Sea) Quarterly Data
	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial					0.40	0.40	0.40	0.39	0.38

Competitive Comparison of Shelf Drilling (North Sea)'s Equity-to-Asset

For the Oil & Gas Equipment & Services subindustry, Shelf Drilling (North Sea)'s Equity-to-Asset, along with its competitors' market caps and Equity-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.

Shelf Drilling (North Sea)'s Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shelf Drilling (North Sea)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Shelf Drilling (North Sea)'s Equity-to-Asset falls into.

Shelf Drilling (North Sea) Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Shelf Drilling (North Sea)'s Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1905.222	/	4979.317
	=	0.38

Shelf Drilling (North Sea)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1905.222	/	4979.317
	=	0.38

Shelf Drilling (North Sea) (OSL:SDNS) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Shelf Drilling (North Sea) Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Shelf Drilling (North Sea)'s Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Shelf Drilling (North Sea) (OSL:SDNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shelf Drilling (North Sea) Ltd (OSL:SDNS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lakes Towers, JLT, Floor 12, P.O. Box 212201, Jumeirah, Dubai, ARE

Website

https://www.shelfdrillingnorthsea.com

Shelf Drilling (North Sea) Ltd is a shallow-water offshore drilling contractor operating primarily in the North Sea. It is engaged in the provision of equipment and services for the drilling, completion and well maintenance of shallow water offshore oil and natural gas wells. The Group is primarily engaged in development and workover activity on producing assets, with a focus on shallow water operations in water depths of up to 500 feet.

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