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

≈ $168.37K USD Cash + Short-term Investments

Total Assets

Nkr2.31 Billion

≈ $242.95 Million USD 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. Check how strategically is Odfjell Drilling Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.

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. For market capitalisation and broader financial context, see market value of Odfjell Drilling Ltd.

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
Precision Drilling Corporation TO:PD	Oil & Gas Drilling	39.70%
PHX Energy Services Corporation TO:PHX	Oil & Gas Drilling	1.81%
Western Energy Services Corp. TO:WRG	Oil & Gas Drilling	0.70%
Stampede Drilling Inc V:SDI	Oil & Gas Drilling	17.84%
Sinopec Oilfield Service Corp SHG:600871	Oil & Gas Drilling	0.06%
XinJiang Beiken Energy Engineering Stock Co Ltd SHE:002828	Oil & Gas Drilling	10.37%
Nabors Industries Ltd F:NBI1	Oil & Gas Drilling	0.00%
Sinopec Oilfield Service Corporation F:YIZH	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 ≈ $168.37K	Nkr2.31 Billion ≈ $242.95 Million	+0.38pp
2021-12-31	-0.31%	Nkr-7.69 Million ≈ $-809.10K	Nkr2.52 Billion ≈ $264.67 Million	-0.31pp
2014-12-31	0.00%	Nkr3.00K ≈ $315.69	Nkr3.09 Billion ≈ $325.42 Million	0.00pp
2013-12-31	0.00%	Nkr3.00K ≈ $315.69	Nkr2.74 Billion ≈ $287.92 Million	0.00pp
2012-12-31	0.00%	Nkr22.00K ≈ $2.32K	Nkr2.80 Billion ≈ $295.10 Million	-0.03pp
2011-12-31	0.03%	Nkr914.00K ≈ $96.18K	Nkr2.74 Billion ≈ $288.39 Million	--

pp = percentage points

About Odfjell Drilling Ltd

OL:ODL Norway Oil & Gas Drilling

Market Cap

$2.17 Billion

Nkr20.62 Billion NOK

Market Cap Rank

#5810 Global

#39 in Norway

Share Price

Nkr86.00

Change (1 day)

+0.70%

52-Week Range

Nkr70.80 - Nkr111.40

All Time High

Nkr111.40