NorAm Drilling AS Total Assets
NorAm Drilling AS total assets. Based on the latest financial reports, NorAm Drilling AS (TM9) holds total assets worth €76.28 Million EUR (≈ $89.18 Million USD) as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see NorAm Drilling AS (TM9) market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of NorAm Drilling AS (2019–2025)
Total assets of NorAm Drilling AS from 2019 to 2025. This chart illustrates how NorAm Drilling AS's total assets have evolved over time, based on quarterly financial data. See NorAm Drilling AS stock quote for real-time trading data and today's change.
NorAm Drilling AS - Asset Composition Analysis
NorAm Drilling AS Total Assets Breakdown (December 2025)
NorAm Drilling AS total assets breakdown as of December 2025. NorAm Drilling AS's total assets of €76.28 Million consist of 32.0% current assets and 68.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 13.6% |
| Accounts Receivable | €12.24 Million | 16.1% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how NorAm Drilling AS's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore TM9 working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: NorAm Drilling AS's current assets represent 32.0% of total assets in 2025, an increase from 15.1% in 2019.
- Cash Position: Cash and equivalents constituted 13.6% of total assets in 2025, up from 5.1% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 16.1% of total assets.
NorAm Drilling AS Competitors by Total Assets
Key competitors of NorAm Drilling AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Oilfield Services Ltd Class A
SHG:601808
|
China | CN¥84.17 Billion |
|
Fugro N.V.
AS:FUR
|
Netherlands | €2.41 Billion |
|
ProPetro Holding Corp
NYSE:PUMP
|
USA | $1.41 Billion |
|
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
VI:SBO
|
Austria | €898.01 Million |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
|
Oil Country Tubular Limited
NSE:OILCOUNTUB
|
India | Rs3.14 Billion |
|
SRJ Technologies Group Plc
AU:SRJ
|
Australia | AU$10.72 Million |
|
Exmar NV
BR:EXM
|
Belgium | €933.99 Million |
NorAm Drilling AS - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.41 | 1.12 | 0.25 |
| Quick Ratio | 1.41 | 1.12 | 0.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €7.11 Million | €2.40 Million | €-66.13 Million |
NorAm Drilling AS - Advanced Valuation Insights
This section examines the relationship between NorAm Drilling AS's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.98 |
| Latest Market Cap to Assets Ratio | 2.61 |
| Asset Growth Rate (YoY) | -3.0% |
| Total Assets | €76.28 Million |
| Market Capitalization | $198.83 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values NorAm Drilling AS's assets at a significant premium (2.61x), suggesting investors see substantial growth potential or unique competitive advantages.
Slight Asset Contraction: NorAm Drilling AS's assets decreased by 3.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for NorAm Drilling AS (2019–2025)
The table below shows the annual total assets of NorAm Drilling AS from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | €76.28 Million ≈ $89.18 Million |
-3.05% |
| 2024-12-31 | €78.68 Million ≈ $91.98 Million |
-19.24% |
| 2023-12-31 | €97.42 Million ≈ $113.89 Million |
-15.88% |
| 2022-12-31 | €115.81 Million ≈ $135.39 Million |
-5.13% |
| 2021-12-31 | €122.07 Million ≈ $142.72 Million |
-12.16% |
| 2020-12-31 | €138.97 Million ≈ $162.47 Million |
-11.00% |
| 2019-12-31 | €156.15 Million ≈ $182.56 Million |
-- |
About NorAm Drilling AS
NorAm Drilling AS, together with its subsidiary, owns and operates AC driven rigs for the drilling of horizontal wells in the United States. The company owns and operates a fleet of rigs located in the Permian Basin. NorAm Drilling AS was incorporated in 2007 and is headquartered in Oslo, Norway.