Dolphin Drilling AS Cash Flow Conversion Efficiency

Latest as of September 2025: -0.040x

Dolphin Drilling AS cash flow conversion efficiency. Based on the latest financial reports, Dolphin Drilling AS (DDRIL) has a cash flow conversion efficiency ratio of -0.040x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Nkr-1.00 Million ≈ $-105.23K USD) by net assets (Nkr25.30 Million ≈ $2.66 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Dolphin Drilling AS (2002–2024)

Cash flow conversion efficiency of Dolphin Drilling AS from 2002 to 2024. This chart illustrates how Dolphin Drilling AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Dolphin Drilling AS share price for real-time trading data and today's change.

Dolphin Drilling AS Cash Flow Conversion Ratio Explained

Dolphin Drilling AS cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Dolphin Drilling AS Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Dolphin Drilling AS ranked by their cash flow conversion efficiency. Also see DDRIL market cap overview for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Sligro Food Group NV AS:SLIGR	-0.090x
Zhejiang Xinzhonggang Thermal Power Co Ltd SHG:605162	0.045x
Valor Estate Limited NSE:DBREALTY	-0.027x
Leon Technology Co Ltd SHE:300603	0.047x
Yieh United Steel TWO:9957	-0.055x
Yantai Longyuan Power Tech SHE:300105	0.094x
Beijing Trust Far Tech SHE:300231	0.094x
VersaBank NASDAQ:VBNK	-0.112x

Annual Cash Flow Conversion Efficiency for Dolphin Drilling AS (2002–2024)

The table below shows the annual cash flow conversion efficiency of Dolphin Drilling AS from 2002 to 2024. Review Dolphin Drilling AS (DDRIL) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Nkr82.80 Million ≈ $8.71 Million	Nkr-24.43 Million ≈ $-2.57 Million	-0.295x	+55.41%
2023-12-31	Nkr109.37 Million ≈ $11.51 Million	Nkr-72.35 Million ≈ $-7.61 Million	-0.662x	-206.34%
2022-12-31	Nkr84.42 Million ≈ $8.88 Million	Nkr-18.23 Million ≈ $-1.92 Million	-0.216x	+76.73%
2021-12-31	Nkr18.70 Million ≈ $1.97 Million	Nkr-17.36 Million ≈ $-1.83 Million	-0.928x	+45.48%
2018-12-31	Nkr68.61 Million ≈ $7.22 Million	Nkr-116.77 Million ≈ $-12.29 Million	-1.702x	-702.02%
2017-12-31	Nkr593.31 Million ≈ $62.43 Million	Nkr167.73 Million ≈ $17.65 Million	0.283x	-38.66%
2016-12-31	Nkr853.24 Million ≈ $89.79 Million	Nkr393.24 Million ≈ $41.38 Million	0.461x	-23.32%
2015-12-31	Nkr965.53 Million ≈ $101.60 Million	Nkr580.29 Million ≈ $61.06 Million	0.601x	+99.11%
2014-12-31	Nkr1.31 Billion ≈ $137.63 Million	Nkr394.79 Million ≈ $41.54 Million	0.302x	-10.46%
2013-12-31	Nkr1.44 Billion ≈ $151.26 Million	Nkr484.53 Million ≈ $50.99 Million	0.337x	-25.67%
2012-12-31	Nkr1.41 Billion ≈ $148.82 Million	Nkr641.38 Million ≈ $67.49 Million	0.454x	+16.70%
2011-12-31	Nkr1.34 Billion ≈ $140.83 Million	Nkr520.07 Million ≈ $54.73 Million	0.389x	-15.32%
2010-12-31	Nkr1.18 Billion ≈ $124.21 Million	Nkr541.66 Million ≈ $57.00 Million	0.459x	-33.74%
2009-12-31	Nkr980.10 Million ≈ $103.13 Million	Nkr678.76 Million ≈ $71.43 Million	0.693x	+106.34%
2008-12-31	Nkr793.43 Million ≈ $83.49 Million	Nkr266.30 Million ≈ $28.02 Million	0.336x	-14.46%
2007-12-31	Nkr751.22 Million ≈ $79.05 Million	Nkr294.76 Million ≈ $31.02 Million	0.392x	+24.82%
2006-12-31	Nkr632.50 Million ≈ $66.56 Million	Nkr198.82 Million ≈ $20.92 Million	0.314x	+151.13%
2005-12-31	Nkr437.55 Million ≈ $46.04 Million	Nkr54.77 Million ≈ $5.76 Million	0.125x	+668.73%
2004-12-31	Nkr812.46 Million ≈ $85.49 Million	Nkr13.23 Million ≈ $1.39 Million	0.016x	-77.71%
2003-12-31	Nkr746.68 Million ≈ $78.57 Million	Nkr54.54 Million ≈ $5.74 Million	0.073x	-7.60%
2002-12-31	Nkr765.21 Million ≈ $80.52 Million	Nkr60.49 Million ≈ $6.36 Million	0.079x	--

About Dolphin Drilling AS

OL:DDRIL Norway Oil & Gas Drilling

Market Cap

$11.71 Billion

Nkr111.31 Billion NOK

Market Cap Rank

#12223 Global

#98 in Norway

Share Price

Nkr2.33

Change (1 day)

-0.85%

52-Week Range

Nkr0.01 - Nkr3.20

All Time High

Nkr16.20