Northern Drilling (OSL:NODL) Scaled Net Operating Assets : 1.10 (As of Jun. 2023)

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What is Northern 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.

Northern Drilling's operating assets for the quarter that ended in Jun. 2023 was kr2,564.11 Mil. Northern Drilling's operating liabilities for the quarter that ended in Jun. 2023 was kr15.36 Mil. Northern Drilling's Total Assets for the quarter that ended in Dec. 2022 was kr2,316.49 Mil. Therefore, Northern Drilling's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 1.10.

Northern Drilling Scaled Net Operating Assets Historical Data

The historical data trend for Northern 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.

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Northern Drilling Scaled Net Operating Assets Chart

Northern Drilling Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Scaled Net Operating Assets

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1.74

0.88

0.16

0.88

1.06

Northern Drilling Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Scaled Net Operating Assets	Get a 7-Day Free Trial						0.85	0.92	1.03	0.99	1.10

Competitive Comparison of Northern Drilling's Scaled Net Operating Assets

For the Oil & Gas Drilling subindustry, Northern 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.

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

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

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

Northern 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.

Northern Drilling's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2022 )
=	(Operating Assets (A: Dec. 2022 )	-	Operating Liabilities (A: Dec. 2022 ))	/	Total Assets (A: Dec. 2021 )
=	(2297.538	-	10.611)	/	2161.49
=	1.06

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2316.488	-	18.95
=	2297.538

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	10.611	-	0	-	0
=	10.611

Northern Drilling's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2023 )
=	(Operating Assets (Q: Jun. 2023 )	-	Operating Liabilities (Q: Jun. 2023 ))	/	Total Assets (Q: Dec. 2022 )
=	(2564.113	-	15.363)	/	2316.488
=	1.10

where

	Operating Assets		(Q: Jun. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2574.866	-	10.753
=	2564.113

	Operating Liabilities		(Q: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	15.363	-	0	-	0
=	15.363

Northern Drilling Scaled Net Operating Assets Related Terms

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Northern Drilling (OSL:NODL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Northern Drilling Ltd (OSL:NODL) » Definitions » Scaled Net Operating Assets

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NODLo:Sweden

Address

14 Par La Ville Road, Par La Ville Place, Hamilton, BMU, HM08

Website

https://www.northerndrillingltd.com

Northern Drilling Ltd is an international drilling contractor for the oil and gas industry, with the ambition of acquiring and operating modern drilling assets, and is expected to be primarily engaged in offshore contract drilling in ultra-deepwater environments. West Aquila and West Libra are some of its major sophisticated high-end drilling units.

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