Northern Ocean (OSL:NOL) Pre-Tax Income : kr-713 Mil (TTM As of Sep. 2024)

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What is Northern Ocean Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Northern Ocean's pretax income for the three months ended in Sep. 2024 was kr-380 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was kr-713 Mil. Northern Ocean's pretax margin was -89.86%.

During the past 5 years, Northern Ocean's highest Pretax Margin was -24.04%. The lowest was -427.02%. And the median was -65.24%.

Northern Ocean Pre-Tax Income Historical Data

The historical data trend for Northern Ocean's Pre-Tax Income 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.

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Northern Ocean Pre-Tax Income Chart

Northern Ocean Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

-82.71

-334.01

-643.64

-913.93

-718.79

Northern Ocean Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Pre-Tax Income	Get a 7-Day Free Trial															-179.54	-183.26	-90.83	-58.41	-380.25

Competitive Comparison of Northern Ocean's Pre-Tax Income

For the Oil & Gas Drilling subindustry, Northern Ocean's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Northern Ocean's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Northern Ocean's Pre-Tax Income falls into.

Northern Ocean Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Northern Ocean's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-248.808	+	0	+	-485.188	+	19.379	+	-4.177
	=	-719

Northern Ocean's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-213.429	+	0	+	-169.218	+	11.823	+	-9.423
	=	-380

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-713 Mil.

Northern Ocean (OSL:NOL) Pre-Tax Income Explanation

Northern Ocean's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-380.247	/	423.173
	=	-89.86%

During the past 5 years, Northern Ocean's highest Pretax Margin was -24.04%. The lowest was -427.02%. And the median was -65.24%.

Northern Ocean Pre-Tax Income Related Terms

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Northern Ocean Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Northern Ocean Ltd (OSL:NOL) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

NOLo:Sweden 4JO:Germany

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 two semi-submersible rigs, Deepsea Mira and Deepsea Bollsta. The company earns revenue from Drilling, Mobilization and demobilization, Contract preparation and One-time reimbursed costs.

Northern Ocean Headlines

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