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. See Dolphin Drilling AS (DDRIL) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check DDRIL cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Keck Seng Malaysia Bhd
KLSE:3476
|
0.004x |
|
Alpha Networks Inc
TW:3380
|
-0.066x |
|
Jiangxi Naipu Mining Machinery
SHE:300818
|
-0.022x |
|
Tengda Construction Group Co Ltd
SHG:600512
|
-0.002x |
|
Brait SE
JSE:BAT
|
-0.002x |
|
RattanIndia Enterprises Limited
NSE:RTNINDIA
|
-0.203x |
|
Raymond Lifestyle Ltd
NSE:RAYMONDLSL
|
-0.012x |
|
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 market value of Dolphin Drilling AS.
| 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.