Shelf Drilling Ltd - Asset Resilience Ratio
Shelf Drilling Ltd (SHLF) has an Asset Resilience Ratio of 9.89% as of March 2025. 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. Read debt load of Shelf Drilling Ltd for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2024)
This chart shows how Shelf Drilling Ltd's Asset Resilience Ratio has changed over time. See net assets of Shelf Drilling Ltd for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Shelf 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 Shelf Drilling Ltd.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr206.60 Million | 9.89% |
| Short-term Investments | Nkr0.00 | 0% |
| Total Liquid Assets | Nkr206.60 Million | 9.89% |
Asset Resilience Insights
- Limited Liquidity: Shelf Drilling Ltd maintains only 9.89% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Shelf Drilling Ltd Industry Peers by Asset Resilience Ratio
Compare Shelf Drilling Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Noble Corporation plc
NYSE:NE |
Oil & Gas Drilling | 6.26% |
|
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 | 0.85% |
|
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% |
Annual Asset Resilience Ratio for Shelf Drilling Ltd (2016–2024)
The table below shows the annual Asset Resilience Ratio data for Shelf Drilling Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 7.33% | Nkr152.30 Million ≈ $16.03 Million |
Nkr2.08 Billion ≈ $218.58 Million |
+2.65pp |
| 2023-12-31 | 4.68% | Nkr98.20 Million ≈ $10.33 Million |
Nkr2.10 Billion ≈ $220.84 Million |
-2.20pp |
| 2022-12-31 | 6.88% | Nkr140.84 Million ≈ $14.82 Million |
Nkr2.05 Billion ≈ $215.33 Million |
-7.48pp |
| 2021-12-31 | 14.36% | Nkr232.31 Million ≈ $24.45 Million |
Nkr1.62 Billion ≈ $170.21 Million |
+9.52pp |
| 2020-12-31 | 4.84% | Nkr73.41 Million ≈ $7.72 Million |
Nkr1.52 Billion ≈ $159.56 Million |
+3.31pp |
| 2019-12-31 | 1.53% | Nkr26.05 Million ≈ $2.74 Million |
Nkr1.70 Billion ≈ $178.89 Million |
-4.01pp |
| 2018-12-31 | 5.54% | Nkr91.20 Million ≈ $9.60 Million |
Nkr1.65 Billion ≈ $173.20 Million |
+0.52pp |
| 2017-12-31 | 5.02% | Nkr84.56 Million ≈ $8.90 Million |
Nkr1.68 Billion ≈ $177.09 Million |
-8.41pp |
| 2016-12-31 | 13.44% | Nkr213.14 Million ≈ $22.43 Million |
Nkr1.59 Billion ≈ $166.89 Million |
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About Shelf Drilling Ltd
Shelf Drilling, Ltd., together with its subsidiaries, operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, West Africa, and the North Sea. The company offers equipment and services for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells, and associated services using the rigs of its… Read more