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. Also see market value of Dolphin Drilling AS for the company's overall valuation and market capitalisation.
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.
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. Explore Dolphin Drilling AS cash earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Zhejiang Sunrise Garment Group Co Ltd
SHG:605138
|
N/A |
|
Shang Gong Group Co Ltd A
SHG:600843
|
-0.039x |
|
Beijing Jingpin Tezhuang Technology Co. Ltd. A
SHG:688084
|
N/A |
|
Qingdao Copton Technology Co Ltd
SHG:603798
|
0.016x |
|
Guangdong Delian Group Co Ltd
SHE:002666
|
0.064x |
|
Imricor Medical Systems Inc
AU:IMR
|
-0.853x |
|
Haypp Grp Ab
ST:HAYPP
|
0.035x |
|
Jiangsu Baoli Asphalt
SHE:300135
|
-0.022x |
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. View DDRIL stock price and chart for real-time trading data and today's change.
| 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.