Northern Ocean (Northern Ocean) FCF Yield % : -20.51 (As of Jun. 22, 2024)

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What is Northern Ocean FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Northern Ocean's Trailing 12-Month Free Cash Flow is $-43.0 Mil, and Market Cap is $215.1 Mil. Therefore, Northern Ocean's FCF Yield % for today is -20.51%.

The historical rank and industry rank for Northern Ocean's FCF Yield % or its related term are showing as below:

NTNOF' s FCF Yield % Range Over the Past 10 Years
Min: -533.97 Med: -46.94 Max: -10.35
Current: -20.51

During the past 5 years, the highest FCF Yield % of Northern Ocean was -10.35%. The lowest was -533.97%. And the median was -46.94%.

NTNOF's FCF Yield % is ranked worse than
89.01% of 1083 companies
in the Oil & Gas industry
Industry Median: 1.96 vs NTNOF: -20.51

Northern Ocean's FCF Margin % for the quarter that ended in Mar. 2024 was -7.08%.

Northern Ocean FCF Yield % Historical Data

The historical data trend for Northern Ocean's FCF Yield % 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.

Northern Ocean FCF Yield % Chart

Northern Ocean Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

-32.99

Northern Ocean Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Yield %	Get a 7-Day Free Trial															-	-31.31	-84.39	49.21	-10.01

Competitive Comparison of Northern Ocean's FCF Yield %

For the Oil & Gas Drilling subindustry, Northern Ocean's FCF Yield %, along with its competitors' market caps and FCF Yield % 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.

Northern Ocean's FCF Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Northern Ocean's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Northern Ocean's FCF Yield % falls into.

Northern Ocean FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Northern Ocean's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-79.56	/	241.13364
	=	-32.99%

Northern Ocean's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-6.033	*	4	/	241.13364
	=	-10.01%

Northern Ocean FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Northern Ocean FCF Yield % Related Terms

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Northern Ocean (Northern Ocean) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Northern Ocean Ltd (OTCPK:NTNOF) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

NOLo:Sweden NOL:Norway

Address

14 Par La Ville Road, Par La Ville Place, PO Box HM 1593, Hamilton, BMU, HM08

Website

https://www.northernocean.no

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 one semi-submersible rig, Deepsea Mira; and one semi-submersible rig currently under construction, Deepsea Bollsta. The company earns revenue from Drilling, Mobilization and demobilization, Contract preparation and One-time reimbursed costs.

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