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Odfjell Drilling (CHIX:ODLO) Scaled Net Operating Assets : 0.89 (As of Sep. 2024)


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What is Odfjell Drilling Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Odfjell Drilling's operating assets for the quarter that ended in Sep. 2024 was kr22,467 Mil. Odfjell Drilling's operating liabilities for the quarter that ended in Sep. 2024 was kr1,355 Mil. Odfjell Drilling's Total Assets for the quarter that ended in Jun. 2024 was kr23,635 Mil. Therefore, Odfjell Drilling's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.89.


Odfjell Drilling Scaled Net Operating Assets Historical Data

The historical data trend for Odfjell Drilling's Scaled Net Operating Assets 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.

Odfjell Drilling Scaled Net Operating Assets Chart

Odfjell Drilling Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 0.82 0.86 0.86 0.99

Odfjell Drilling Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating Assets 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 0.96 0.88 0.88 0.90 0.89

Competitive Comparison of Odfjell Drilling's Scaled Net Operating Assets

For the Oil & Gas Drilling subindustry, Odfjell Drilling's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Odfjell Drilling's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Odfjell Drilling's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Odfjell Drilling's Scaled Net Operating Assets falls into.



Odfjell Drilling Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Odfjell Drilling's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(23082.087-1479.026)/21926.906
=0.99

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=24356.455 - 1274.368
=23082.087

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9650.591 - 6331.75 - 1839.815
=1479.026

Odfjell Drilling's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(22466.799-1355.444)/23635.188
=0.89

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23724.515 - 1257.716
=22466.799

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8762.583 - 6126.053 - 1281.086
=1355.444

* 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.


Odfjell Drilling Scaled Net Operating Assets Related Terms

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Odfjell Drilling Business Description

Industry
Traded in Other Exchanges
Address
Lower Ground Floor, Prime View Prime Four Business Park, Kingswells, Aberdeen, GBR, AB15 8PU
Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operate mobile offshore drilling units. It operates in the segments Own Fleet, External Fleet, and Corporate/other. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units; mainly operational management, management of regulatory requirements, marketing, contract negotiations, client relations, preparations for the operation, and mobilization. The majority of revenue is generated from the Own Fleet segment. Geographically, It operates in Norway.

Odfjell Drilling Headlines

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