NorAm Drilling AS (STU:TM9) Total Inventories: €0.00 Mil (As of Mar. 2026)


STU:TM9 NorAm Drilling AS STU:TM9
79 GF Score
Price €3.45
GF Value €2.99
Valuation Modestly Overvalued
! 3 Warning Signs
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What is NorAm Drilling AS Total Inventories?

NorAm Drilling AS STU:TM9 +2.23% 79 Total Inventories is €0.00 Mil as of Mar. 2026. GuruFocus rates STU:TM9 with a GF Score™ of 79/100 and a GF Value™ of €2.99 (Modestly Overvalued). The stock has 3 warning signs investors should review.

NorAm Drilling AS's total inventories for the quarter that ended in Mar. 2026 was €0.00 Mil. NorAm Drilling AS's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was €0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. NorAm Drilling AS's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NorAm Drilling AS's Days Inventory for the three months ended in Mar. 2026 was 0.00.

Inventory Turnover measures how fast the company turns over its inventory within a year.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. NorAm Drilling AS's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.00.


NorAm Drilling AS  (STU:TM9) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

NorAm Drilling AS's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.299+0.75 * 12.879+0.5 * 0-17.685
-0-0)/43.358
=-0.04

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

NorAm Drilling AS's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=0/8.116*365 / 4
=0.00

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

NorAm Drilling AS's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=8.116 / 0
=N/A

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

NorAm Drilling AS's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=0 / 22.65
=0.00

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


NorAm Drilling AS Total Inventories Related Terms


NorAm Drilling AS Total Inventories Historical Data

* Premium members only.

The historical data trend for NorAm Drilling AS's Total Inventories 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 Total Inventories Chart

NorAm Drilling AS Annual Data
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Total Inventories
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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
Total Inventories 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
STU:TM9
79GF Score
NorAm Drilling AS STU:TM9
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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NorAm Drilling AS Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of €0.00 Mil mean?
NorAm Drilling AS (STU:TM9) has a Total Inventories of €0.00 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for NorAm Drilling AS and its competitors.
Is NorAm Drilling AS's Total Inventories too high?
NorAm Drilling AS's current Total Inventories is €0.00 Mil. Overall, NorAm Drilling AS has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorAm Drilling AS's Total Inventories compare to SLB and BKR?
NorAm Drilling AS's Total Inventories of €0.00 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 Total Inventories for an Oil & Gas company?
A good Total Inventories depends on the Oil & Gas industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for NorAm Drilling AS and its competitors. NorAm Drilling AS's current Total Inventories is €0.00 Mil. 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 (STU:TM9) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.99, compared to a current price of €3.45 — trading 15.2% above its estimated fair value. The current Total Inventories is €0.00 Mil. NorAm Drilling AS's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For NorAm Drilling AS (STU:TM9), the current Total Inventories is €0.00 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 NorAm Drilling AS (STU:TM9) Overvalued in 2026?

Based on GuruFocus' analysis, NorAm Drilling AS stock appears to be overvalued. The current stock price of €3.45 is trading 15.2% above its estimated GF Value™ of €2.99. GuruFocus considers NorAm Drilling AS to be Modestly Overvalued.

Key valuation signals for STU:TM9:

  • Total Inventories: €0.00 Mil
  • GF Value™: €2.99 vs. price of €3.45 (15.2% above fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the STU:TM9 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 NORAM:Norway
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.
79GF Score

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

€3.45
Price
€2.99
GF Value