Odfjell Technology Ltd Total Assets
Odfjell Technology Ltd total assets. Based on the latest financial reports, Odfjell Technology Ltd (OTL) holds total assets worth Nkr4.24 Billion NOK (≈ $446.21 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 Odfjell Technology Ltd (OTL) cash flow conversion for how efficiently the company converts equity into cash flow.
Total Assets of Odfjell Technology Ltd (2018–2024)
Total assets of Odfjell Technology Ltd from 2018 to 2024. This chart illustrates how Odfjell Technology Ltd's total assets have evolved over time, based on quarterly financial data. See current stock price of Odfjell Technology Ltd for real-time trading data and today's change.
Odfjell Technology Ltd - Asset Composition Analysis
Odfjell Technology Ltd Total Assets Breakdown (December 2024)
Odfjell Technology Ltd total assets breakdown as of December 2024. Odfjell Technology Ltd's total assets of Nkr4.24 Billion consist of 48.7% current assets and 51.3% non-current assets. Explore working capital to net assets of Odfjell Technology Ltd to assess how much short-term liquidity the company maintains relative to its equity base.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr100.00K | 13.8% |
| Accounts Receivable | Nkr1.27 Billion | 30.4% |
| Inventory | Nkr60.70 Million | 1.5% |
| Property, Plant & Equipment | Nkr1.21 Billion | 29.0% |
| Intangible Assets | Nkr182.90 Million | 4.4% |
| Goodwill | Nkr156.70 Million | 3.8% |
Asset Composition Trend (2018–2024)
This chart illustrates how Odfjell Technology 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Odfjell Technology Ltd's current assets represent 48.7% of total assets in 2024, a decrease from 67.8% in 2018.
- Cash Position: Cash and equivalents constituted 13.8% of total assets in 2024, up from 0.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, unchanged from 7.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 30.4% of total assets.
Odfjell Technology Ltd Competitors by Total Assets
Key competitors of Odfjell Technology Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Seadrill Limited
NYSE:SDRL
|
USA | $3.95 Billion |
|
Aban Offshore Limited
NSE:ABAN
|
India | Rs16.43 Billion |
|
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 |
|
Western Energy Services Corp.
TO:WRG
|
Canada | CA$374.09 Million |
|
Stampede Drilling Inc
V:SDI
|
Canada | CA$128.21 Million |
Odfjell Technology 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 | 1.84 | 1.83 | 1.64 |
| Quick Ratio | 1.84 | 1.83 | 1.64 |
| Cash Ratio | 0.00 | 0.51 | 0.00 |
| Working Capital | Nkr910.90 Million | Nkr843.60 Million | Nkr545.70 Million |
Odfjell Technology Ltd - Advanced Valuation Insights
This section examines the relationship between Odfjell Technology 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 | 1.83 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 13.1% |
| Total Assets | Nkr4.18 Billion |
| Market Capitalization | $249.16 Million USD |
Valuation Analysis
Below Book Valuation: The market values Odfjell Technology Ltd's assets below their book value (0.06x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Odfjell Technology Ltd's assets grew by 13.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Odfjell Technology Ltd (2018–2024)
The table below shows the annual total assets of Odfjell Technology Ltd from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr4.18 Billion ≈ $439.53 Million |
+13.05% |
| 2023-12-31 | Nkr3.69 Billion ≈ $388.78 Million |
+18.61% |
| 2022-12-31 | Nkr3.11 Billion ≈ $327.78 Million |
-20.54% |
| 2021-12-31 | Nkr3.92 Billion ≈ $412.50 Million |
+19.16% |
| 2020-12-31 | Nkr3.29 Billion ≈ $346.16 Million |
+732.15% |
| 2019-12-31 | Nkr395.31 Million ≈ $41.60 Million |
+14.99% |
| 2018-12-31 | Nkr343.79 Million ≈ $36.18 Million |
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About Odfjell Technology Ltd
Odfjell Technology Ltd., together with its subsidiaries, operates as a supplier of offshore operations, well services technology, and engineering solutions in Norway, the United Kingdom, rest of Europe, Kuwait, Malaysia, rest of Asia, and internationally. It operates through Well Services; Operations; and Projects & Engineering segments. The Well Services segment provides casing and tubular runni… Read more