Dolphin Drilling AS Total Assets
Dolphin Drilling AS total assets. Based on the latest financial reports, Dolphin Drilling AS (DDRIL) holds total assets worth Nkr215.10 Million NOK (≈ $22.63 Million USD) as of September 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 Dolphin Drilling AS stock valuation for the company's overall valuation and market capitalisation.
Total Assets of Dolphin Drilling AS (2002–2024)
Total assets of Dolphin Drilling AS from 2002 to 2024. This chart illustrates how Dolphin Drilling AS's total assets have evolved over time, based on quarterly financial data. See DDRIL stock price for real-time trading data and today's change.
Dolphin Drilling AS - Asset Composition Analysis
Dolphin Drilling AS Total Assets Breakdown (December 2024)
Dolphin Drilling AS total assets breakdown as of December 2024. Dolphin Drilling AS's total assets of Nkr215.10 Million consist of 48.8% current assets and 51.2% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr34.42 Million | 14.6% |
| Accounts Receivable | Nkr22.34 Million | 9.5% |
| Inventory | Nkr32.90 Million | 13.9% |
| Property, Plant & Equipment | Nkr68.81 Million | 29.1% |
| Intangible Assets | Nkr19.73 Million | 8.4% |
| Goodwill | Nkr768.00K | 0.3% |
Asset Composition Trend (2002–2024)
This chart illustrates how Dolphin 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 DDRIL working capital efficiency to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Dolphin Drilling AS's current assets represent 48.8% of total assets in 2024, an increase from 9.5% in 2002.
- Cash Position: Cash and equivalents constituted 14.6% of total assets in 2024, up from 5.3% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 1.0% in 2002.
- Asset Diversification: The largest asset category is property, plant & equipment at 29.1% of total assets.
Dolphin Drilling AS Competitors by Total Assets
Key competitors of Dolphin Drilling AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Odfjell Drilling Ltd
OL:ODL
|
Norway | Nkr2.61 Billion |
|
Northern Ocean Ltd
OL:NOL
|
Norway | Nkr1.06 Billion |
|
Deep Value Driller AS
OL:DVD
|
Norway | Nkr173.37 Million |
|
Stampede Drilling Inc
V:SDI
|
Canada | CA$128.21 Million |
|
Precision Drilling Corporation
TO:PD
|
Canada | CA$2.75 Billion |
|
Ensign Energy Services Inc
TO:ESI
|
Canada | CA$2.69 Billion |
|
PHX Energy Services Corporation
TO:PHX
|
Canada | CA$474.80 Million |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
Dolphin 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 | 0.90 | 1.65 | 3.46 |
| Quick Ratio | 0.70 | 1.08 | 2.71 |
| Cash Ratio | 0.00 | 0.55 | 0.00 |
| Working Capital | Nkr-11.80 Million | Nkr37.90 Million | Nkr371.70 Million |
Dolphin Drilling AS - Advanced Valuation Insights
This section examines the relationship between Dolphin 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 | 1.86 |
| Latest Market Cap to Assets Ratio | 1.98 |
| Asset Growth Rate (YoY) | 42.6% |
| Total Assets | Nkr236.40 Million |
| Market Capitalization | $468.17 Million USD |
Valuation Analysis
Above Book Valuation: The market values Dolphin Drilling AS's assets above their book value (1.98x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Dolphin Drilling AS's assets grew by 42.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Dolphin Drilling AS (2002–2024)
The table below shows the annual total assets of Dolphin Drilling AS from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr236.40 Million ≈ $24.88 Million |
+42.58% |
| 2023-12-31 | Nkr165.81 Million ≈ $17.45 Million |
+24.14% |
| 2022-12-31 | Nkr133.56 Million ≈ $14.05 Million |
-11.88% |
| 2021-12-31 | Nkr151.57 Million ≈ $15.95 Million |
-83.96% |
| 2018-12-31 | Nkr945.20 Million ≈ $99.46 Million |
-42.42% |
| 2017-12-31 | Nkr1.64 Billion ≈ $172.73 Million |
-13.15% |
| 2016-12-31 | Nkr1.89 Billion ≈ $198.89 Million |
-26.56% |
| 2015-12-31 | Nkr2.57 Billion ≈ $270.80 Million |
-25.81% |
| 2014-12-31 | Nkr3.47 Billion ≈ $365.00 Million |
+13.10% |
| 2013-12-31 | Nkr3.07 Billion ≈ $322.73 Million |
+8.29% |
| 2012-12-31 | Nkr2.83 Billion ≈ $298.02 Million |
+13.72% |
| 2011-12-31 | Nkr2.49 Billion ≈ $262.06 Million |
+8.27% |
| 2010-12-31 | Nkr2.30 Billion ≈ $242.03 Million |
-3.90% |
| 2009-12-31 | Nkr2.39 Billion ≈ $251.85 Million |
+0.02% |
| 2008-12-31 | Nkr2.39 Billion ≈ $251.79 Million |
+41.58% |
| 2007-12-31 | Nkr1.69 Billion ≈ $177.84 Million |
+27.76% |
| 2006-12-31 | Nkr1.32 Billion ≈ $139.20 Million |
+23.21% |
| 2005-12-31 | Nkr1.07 Billion ≈ $112.97 Million |
-27.00% |
| 2004-12-31 | Nkr1.47 Billion ≈ $154.76 Million |
+5.90% |
| 2003-12-31 | Nkr1.39 Billion ≈ $146.14 Million |
-7.89% |
| 2002-12-31 | Nkr1.51 Billion ≈ $158.66 Million |
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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.