Odfjell Drilling Ltd

OL:ODL Norway Oil & Gas Drilling
Market Cap
$2.11 Billion
Nkr24.03 Billion NOK
Market Cap Rank
#7243 Global
#16 in Norway
Share Price
Nkr100.20
Change (1 day)
-1.18%
52-Week Range
Nkr50.60 - Nkr111.40
All Time High
Nkr111.40
About

Odfjell Drilling Ltd. engages in owning and operating mobile offshore drilling units primarily in Norway and Namibia. The company operates through Own Fleet and External Fleet segments. It also offers management services to other owners of drilling units, such as operational management, regulatory requirements management, marketing, contract negotiations and client relations, and operation and mo… Read more

Odfjell Drilling Ltd - Asset Resilience Ratio

Latest as of December 2023: 0.07%

Odfjell Drilling Ltd (ODL) has an Asset Resilience Ratio of 0.07% as of December 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
Nkr1.60 Million
Cash + Short-term Investments
Total Assets
Nkr2.31 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2011–2023)

This chart shows how Odfjell Drilling Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Odfjell Drilling Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents Nkr0.00 0%
Short-term Investments Nkr1.60 Million 0.07%
Total Liquid Assets Nkr1.60 Million 0.07%

Asset Resilience Insights

  • Limited Liquidity: Odfjell Drilling Ltd maintains only 0.07% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Odfjell Drilling Ltd Industry Peers by Asset Resilience Ratio

Compare Odfjell Drilling Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Aban Offshore Limited
NSE:ABAN
Oil & Gas Drilling 17.84%
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828
Oil & Gas Drilling 10.37%
Velesto Energy Bhd
KLSE:5243
Oil & Gas Drilling 5.93%
AKITA Drilling Ltd
PINK:AKTAF
Oil & Gas Drilling 0.00%
Apexindo Pratama Duta Tbk
JK:APEX
Oil & Gas Drilling 0.00%
Archer Limited
PINK:ARHVF
Oil & Gas Drilling 0.01%
Awilco Drilling PLC
OTCMKTS:AWLCF
Oil & Gas Drilling 0.00%
Borr Drilling Ltd
NYSE:BORR
Oil & Gas Drilling 0.06%

Annual Asset Resilience Ratio for Odfjell Drilling Ltd (2011–2023)

The table below shows the annual Asset Resilience Ratio data for Odfjell Drilling Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.07% Nkr1.60 Million Nkr2.31 Billion +0.38pp
2021-12-31 -0.31% Nkr-7.69 Million Nkr2.52 Billion -0.31pp
2014-12-31 0.00% Nkr3.00K Nkr3.09 Billion 0.00pp
2013-12-31 0.00% Nkr3.00K Nkr2.74 Billion 0.00pp
2012-12-31 0.00% Nkr22.00K Nkr2.80 Billion -0.03pp
2011-12-31 0.03% Nkr914.00K Nkr2.74 Billion --
pp = percentage points