NTNOF (Northern Ocean) Inventories, Work In Process: $0.0 Mil (As of Mar. 2026)


NTNOF Northern Ocean Ltd NTNOF
44 GF Score
Price $0.82
GF Value $0.40
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Northern Ocean Inventories, Work In Process?

Northern Ocean NTNOF 44 Inventories, Work In Process is $0.0 Mil as of Mar. 2026. GuruFocus rates NTNOF with a GF Score™ of 44/100 and a GF Value™ of $0.40 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Northern Ocean's work in process for the quarter that ended in Mar. 2026 was $0.0 Mil.

Northern Ocean Inventories, Work In Process Historical Data

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The historical data trend for Northern Ocean's Inventories, Work In Process 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.

Northern Ocean Inventories, Work In Process Chart

Northern Ocean Annual Data
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Northern Ocean Quarterly Data
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NTNOF
44GF Score
Northern Ocean Ltd NTNOF
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Ocean Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of $0.0 Mil mean?
Northern Ocean (NTNOF) has a Inventories, Work In Process of $0.0 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Northern Ocean and its competitors.
Is Northern Ocean's Inventories, Work In Process too high?
Northern Ocean's current Inventories, Work In Process is $0.0 Mil. Overall, Northern Ocean has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Northern Ocean's Inventories, Work In Process compare to NE and RIG?
Northern Ocean's Inventories, Work In Process of $0.0 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 Inventories, Work In Process for an Oil & Gas company?
A good Inventories, Work In Process depends on the Oil & Gas industry context. However, Inventories, Work In Process 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 Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Northern Ocean and its competitors. Northern Ocean's current Inventories, Work In Process is $0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Ocean stock overvalued right now?
Based on GuruFocus' analysis, Northern Ocean (NTNOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.40, compared to a current price of $0.82 — trading 105% above its estimated fair value. The current Inventories, Work In Process is $0.0 Mil. Northern Ocean's overall GF Score™ is 44/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Northern Ocean (NTNOF), the current Inventories, Work In Process is $0.0 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 Northern Ocean (NTNOF) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Ocean stock appears to be overvalued. The current stock price of $0.82 is trading 105% above its estimated GF Value™ of $0.40. GuruFocus considers Northern Ocean to be Significantly Overvalued.

Key valuation signals for NTNOF:

  • Inventories, Work In Process: $0.0 Mil
  • GF Value™: $0.40 vs. price of $0.82 (105% above fair value)
  • GF Score™: 44/100 with 4 warning signs

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

Northern Ocean Business Description

Industry EnergyOil & Gas
Other Exchanges NOLo:SwedenNOL:Norway
Address 14 Par La Ville Road, Par La Ville Place, PO Box HM 1593, Hamilton, BMU, HM08
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 a semi-submersible rig, Deepsea Mira. The company earns revenue mainly from drilling contracts for rigs.
44GF Score

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Inventories, Work In Process is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.82
Price
$0.40
GF Value