Northern Ocean Ltd

PINK:NTNOF USA Oil & Gas Drilling
Market Cap
$199.52 Million
Market Cap Rank
#20561 Global
#7452 in USA
Share Price
$0.66
Change (1 day)
+0.00%
52-Week Range
$0.66 - $0.66
All Time High
$1.72
About

Northern Ocean Ltd. provides offshore contract drilling services for the oil and gas industry worldwide. The company owns and operates two semi-submersible rigs. It also invests in power generation solutions. The company was incorporated in 2017 and is based in Hamilton, Bermuda. Northern Ocean Ltd. is a subsidiary of Hemen Holding Limited.

Northern Ocean Ltd - Asset Resilience Ratio

Latest as of June 2025: 0.00%

Northern Ocean Ltd (NTNOF) has an Asset Resilience Ratio of 0.00% as of June 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.

Liquid Assets
$35.00K
Cash + Short-term Investments
Total Assets
$1.07 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2024–2024)

This chart shows how Northern Ocean 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 Northern Ocean 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 $0.00 0%
Short-term Investments $35.00K 0.0%
Total Liquid Assets $35.00K 0.00%

Asset Resilience Insights

  • Limited Liquidity: Northern Ocean Ltd maintains only 0.00% 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.

Northern Ocean Ltd Industry Peers by Asset Resilience Ratio

Compare Northern Ocean 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 Northern Ocean Ltd (2024–2024)

The table below shows the annual Asset Resilience Ratio data for Northern Ocean Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 0.00% $35.00K $1.03 Billion --
pp = percentage points