Odfjell Drilling Ltd (ODL) - Total Assets
Based on the latest financial reports, Odfjell Drilling Ltd (ODL) holds total assets worth Nkr2.67 Billion NOK (≈ $280.72 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. Explore Odfjell Drilling Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Odfjell Drilling Ltd - Total Assets Trend (2011–2025)
This chart illustrates how Odfjell Drilling Ltd's total assets have evolved over time, based on quarterly financial data. See ODL net asset value for net asset value and shareholders' equity analysis.
Odfjell Drilling Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Odfjell Drilling Ltd's total assets of Nkr2.67 Billion consist of 9.2% current assets and 90.8% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 3.9% |
| Accounts Receivable | Nkr123.60 Million | 4.6% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr300.00K | 0.0% |
| Goodwill | Nkr2.90 Million | 0.1% |
Asset Composition Trend (2011–2025)
This chart illustrates how Odfjell Drilling Ltd'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. For live market cap, price, and company overview, see ODL market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Odfjell Drilling Ltd's current assets represent 9.2% of total assets in 2025, a decrease from 21.2% in 2011.
- Cash Position: Cash and equivalents constituted 3.9% of total assets in 2025, down from 10.1% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 4.6% of total assets.
Odfjell Drilling Ltd Competitors by Total Assets
Key competitors of Odfjell Drilling Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Precision Drilling Corporation
TO:PD
|
Canada | CA$2.75 Billion |
|
Ensign Energy Services Inc
TO:ESI
|
Canada | CA$2.68 Billion |
|
PHX Energy Services Corporation
TO:PHX
|
Canada | CA$472.82 Million |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
|
Western Energy Services Corp.
TO:WRG
|
Canada | CA$374.09 Million |
|
Stampede Drilling Inc
V:SDI
|
Canada | CA$128.21 Million |
|
Sinopec Oilfield Service Corp
SHG:600871
|
China | CN¥76.59 Billion |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828
|
China | CN¥1.85 Billion |
Odfjell Drilling Ltd - 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 | 1.00 | 0.96 | 0.55 |
| Quick Ratio | 1.00 | 0.96 | 0.55 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr400.00K | Nkr-10.00 Million | Nkr-294.23 Million |
Odfjell Drilling Ltd - Advanced Valuation Insights
This section examines the relationship between Odfjell Drilling Ltd'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 | 1.79 |
| Latest Market Cap to Assets Ratio | 0.81 |
| Asset Growth Rate (YoY) | 20.4% |
| Total Assets | Nkr2.67 Billion |
| Market Capitalization | $2.17 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Odfjell Drilling Ltd's assets close to their book value (0.81x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Odfjell Drilling Ltd's assets grew by 20.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Odfjell Drilling Ltd (2011–2025)
The table below shows the annual total assets of Odfjell Drilling Ltd from 2011 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr2.67 Billion ≈ $280.72 Million |
+20.44% |
| 2024-12-31 | Nkr2.21 Billion ≈ $233.07 Million |
-4.07% |
| 2023-12-31 | Nkr2.31 Billion ≈ $242.95 Million |
+4.03% |
| 2022-12-31 | Nkr2.22 Billion ≈ $233.53 Million |
-11.76% |
| 2021-12-31 | Nkr2.52 Billion ≈ $264.67 Million |
-4.75% |
| 2020-12-31 | Nkr2.64 Billion ≈ $277.86 Million |
-1.71% |
| 2019-12-31 | Nkr2.69 Billion ≈ $282.69 Million |
+18.01% |
| 2018-12-31 | Nkr2.28 Billion ≈ $239.54 Million |
+6.46% |
| 2017-12-31 | Nkr2.14 Billion ≈ $225.00 Million |
-5.54% |
| 2016-12-31 | Nkr2.26 Billion ≈ $238.20 Million |
-18.39% |
| 2015-12-31 | Nkr2.77 Billion ≈ $291.88 Million |
-10.31% |
| 2014-12-31 | Nkr3.09 Billion ≈ $325.42 Million |
+13.02% |
| 2013-12-31 | Nkr2.74 Billion ≈ $287.92 Million |
-2.43% |
| 2012-12-31 | Nkr2.80 Billion ≈ $295.10 Million |
+2.33% |
| 2011-12-31 | Nkr2.74 Billion ≈ $288.39 Million |
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About Odfjell Drilling Ltd
Odfjell Drilling Ltd. engages in owning and operating mobile offshore drilling units primarily in Norway and Namibia. The company operates through Own Fleet and External Fleet segments. It also offers management services to other owners of drilling units, such as operational management, regulatory requirements management, marketing, contract negotiations and client relations, and operation and mo… Read more