NorAm Drilling AS (OSL:NORAM) Total Current Assets: kr223 Mil (As of Mar. 2026)

What is NorAm Drilling AS Total Current Assets?

NorAm Drilling AS OSL:NORAM +1.97% 87 Total Current Assets is kr223 Mil as of Mar. 2026. GuruFocus rates OSL:NORAM with a GF Score™ of 87/100 and a GF Value™ of kr33.77 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. NorAm Drilling AS's total current assets for the quarter that ended in Mar. 2026 was kr223 Mil.

NorAm Drilling AS (OSL:NORAM) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

NorAm Drilling AS's Liquidation Value for the quarter that ended in Mar. 2026 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	70.334	-	197.47	+	0.75 * 143.807	+	0.5 * 0
=	-19

* 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 Current Assets Related Terms

NorAm Drilling AS Total Current Assets Historical Data

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The historical data trend for NorAm Drilling AS's Total Current Assets can be seen below:

NorAm Drilling AS Total Current Assets Chart

NorAm Drilling AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Total Current Assets

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179.49

288.86

261.67

251.08

246.65

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 Current Assets	Get a 7-Day Free Trial															257.43	230.98	230.29	246.65	223.22

87GF Score

NorAm Drilling AS OSL:NORAM

Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.

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NorAm Drilling AS Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

NorAm Drilling AS's Total Current Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	104.96	+	141.689	+	0	+	0
	=	247

NorAm Drilling AS's Total Current Assets for the quarter that ended in Mar. 2026 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	70.334	+	143.807	+	0	+	9.079
	=	223

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Frequently Asked Questions Learn more about Total Current Assets →

What does a Total Current Assets of kr223 Mil mean?

NorAm Drilling AS (OSL:NORAM) has a Total Current Assets of kr223 Mil as of Mar. 2026. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for NorAm Drilling AS and its competitors.

Is NorAm Drilling AS's Total Current Assets too high?

NorAm Drilling AS's current Total Current Assets is kr223 Mil. Overall, NorAm Drilling AS has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does NorAm Drilling AS's Total Current Assets compare to SLB and BKR?

NorAm Drilling AS's Total Current Assets of kr223 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 Current Assets for an Oil & Gas company?

A good Total Current Assets depends on the Oil & Gas industry context. However, Total Current Assets 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 Current Assets mean?

A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for NorAm Drilling AS and its competitors. NorAm Drilling AS's current Total Current Assets is kr223 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 (OSL:NORAM) is currently considered Modestly Overvalued. The stock's GF Value™ is kr33.77, compared to a current price of kr38.85 — trading 15% above its estimated fair value. The current Total Current Assets is kr223 Mil. NorAm Drilling AS's overall GF Score™ is 87/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Total Current Assets calculated?

Total Current Assets is calculated from a company's financial statements. For NorAm Drilling AS (OSL:NORAM), the current Total Current Assets is kr223 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 (OSL:NORAM) Overvalued in 2026?

Based on GuruFocus' analysis, NorAm Drilling AS stock appears to be overvalued. The current stock price of kr38.85 is trading 15% above its estimated GF Value™ of kr33.77. GuruFocus considers NorAm Drilling AS to be Modestly Overvalued.

Key valuation signals for OSL:NORAM:

Total Current Assets: kr223 Mil
GF Value™: kr33.77 vs. price of kr38.85 (15% above fair value)
GF Score™: 87/100 with 3 warning signs

No single metric tells the full story. See the OSL:NORAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NorAm Drilling AS Business Description

Industry Energy Oil & Gas

Comparable Companies OSL:REACH OSL:PRS OSL:EIOF OSL:JACK OSL:SDSD OSL:PSE OSL:MORLD OSL:EMGS OSL:AKAST OSL:SEA1 SLB BKR MIL:TEN HAL FTI SZSE:002353 OSL:SUBC MIL:SPM XPAR:GTT KGS

Other Exchanges TM9:Germany

Address Bryggegata 3, P.O. Box 1327 - Vika, Oslo, NOR, 0112

Website https://www.noramdrilling.com

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.

87GF Score

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

kr38.85

Price

kr33.77

GF Value

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