Dolphin Drilling AS (DDRIL) - 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.
Dolphin Drilling AS - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how Dolphin Drilling AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read DDRIL total liabilities for a breakdown of total debt and financial obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Murapol S.A.
WAR:MUR
|
0.131x |
|
Focus Minerals Ltd
AU:FML
|
-0.019x |
|
Datamatics Global Services Limited
NSE:DATAMATICS
|
0.082x |
|
COSCO SHIPPING Development Co. Ltd.
F:EZ5
|
0.104x |
|
Anglo American PLC
LSE:AAL
|
0.107x |
|
ChongQing Zhengchuan Pharmaceutical Packaging Co Ltd
SHG:603976
|
0.039x |
|
Sayona Mining Limited American Depository Shares
NASDAQ:ELVR
|
N/A |
|
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. For the full company profile with market capitalisation and key ratios, see Dolphin Drilling AS market cap and net worth.
| 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
Dolphin Drilling AS provides drilling services to the offshore oil and gas industry in the United Kingdom, India, Norway, and Nigeria. The company was founded in 1965 and is based in Sandnes, Norway.