Shelf Drilling (North Sea) (OSL:SDNS) Total Assets : kr4,979 Mil (As of Dec. 2023)

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What is Shelf Drilling (North Sea) Total Assets?

Shelf Drilling (North Sea)'s Total Assets for the quarter that ended in Dec. 2023 was kr4,979 Mil.

During the past 12 months, Shelf Drilling (North Sea)'s average Total Assets Growth Rate was 3.60% per year.

Total Assets is connected with ROA %. Shelf Drilling (North Sea)'s annualized ROA % for the quarter that ended in Dec. 2023 was -9.12%. Total Assets is also linked to Revenue through Asset Turnover. Shelf Drilling (North Sea)'s Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.

Shelf Drilling (North Sea) Total Assets Historical Data

The historical data trend for Shelf Drilling (North Sea)'s Total 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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Shelf Drilling (North Sea) Total Assets Chart

Shelf Drilling (North Sea) Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

5,043.45

4,979.32

Shelf Drilling (North Sea) Quarterly Data
	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial					5,043.45	5,395.70	5,356.09	5,295.86	4,979.32

Shelf Drilling (North Sea) Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Shelf Drilling (North Sea)'s Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	1905.222	+	3074.095
	=	4,979

Shelf Drilling (North Sea)'s Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	1905.222	+	3074.095
	=	4,979

Shelf Drilling (North Sea) (OSL:SDNS) Total Assets Explanation

Total Assets is connected with ROA %.

Shelf Drilling (North Sea)'s annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-468.392	/	( (5295.857	+	4979.317)	/ 2 )
	=	-468.392	/	5137.587
	=	-9.12 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Shelf Drilling (North Sea)'s Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	320.702	/	( (5295.857	+	4979.317)	/ 2 )
=	320.702	/	5137.587
=	0.06

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Shelf Drilling (North Sea) Total Assets Related Terms

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Shelf Drilling (North Sea) (OSL:SDNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shelf Drilling (North Sea) Ltd (OSL:SDNS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lakes Towers, JLT, Floor 12, P.O. Box 212201, Jumeirah, Dubai, ARE

Website

https://www.shelfdrillingnorthsea.com

Shelf Drilling (North Sea) Ltd is a shallow-water offshore drilling contractor operating primarily in the North Sea. It is engaged in the provision of equipment and services for the drilling, completion and well maintenance of shallow water offshore oil and natural gas wells. The Group is primarily engaged in development and workover activity on producing assets, with a focus on shallow water operations in water depths of up to 500 feet.

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