SD Standard Drilling PLC
S.D. Standard ETC Plc, an investment holding company, focuses on energy, transport, and commodities segments. The company was formerly known as S.D. Standard Drilling Plc and changed its name to S.D. Standard ETC Plc in February 2022. S.D. Standard ETC Plc was incorporated in 2010 and is headquartered in Limassol, Cyprus.
SD Standard Drilling PLC (SDSD) - Total Assets
Latest total assets as of June 2025: Nkr114.62 Million NOK
Based on the latest financial reports, SD Standard Drilling PLC (SDSD) holds total assets worth Nkr114.62 Million NOK as of June 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.
SD Standard Drilling PLC - Total Assets Trend (2011–2024)
This chart illustrates how SD Standard Drilling PLC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SD Standard Drilling PLC - Asset Composition Analysis
Current Asset Composition (December 2024)
SD Standard Drilling PLC's total assets of Nkr114.62 Million consist of 84.4% current assets and 15.6% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 34.6% |
| Accounts Receivable | Nkr3.10 Million | 2.6% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how SD Standard Drilling PLC'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: SD Standard Drilling PLC's current assets represent 84.4% of total assets in 2024, an increase from 30.9% in 2011.
- Cash Position: Cash and equivalents constituted 34.6% of total assets in 2024, up from 30.9% 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 2.6% of total assets.
SD Standard Drilling PLC Competitors by Total Assets
Key competitors of SD Standard Drilling PLC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
SD Standard Drilling PLC - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - SD Standard Drilling PLC generates -0.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SD Standard Drilling PLC is currently not profitable relative to its asset base.
SD Standard Drilling PLC - 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 | 119.91 | 455.72 | 2453.25 |
| Quick Ratio | 119.91 | 455.72 | 2453.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr109.76 Million | Nkr 90.49 Million | Nkr 29.43 Million |
SD Standard Drilling PLC - Advanced Valuation Insights
This section examines the relationship between SD Standard Drilling PLC'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 | 0.82 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | -18.8% |
| Total Assets | Nkr117.60 Million |
| Market Capitalization | $24.23 Million USD |
Valuation Analysis
Below Book Valuation: The market values SD Standard Drilling PLC's assets below their book value (0.21 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: SD Standard Drilling PLC's assets decreased by 18.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SD Standard Drilling PLC (2011–2024)
The table below shows the annual total assets of SD Standard Drilling PLC from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr117.60 Million | -18.84% |
| 2023-12-31 | Nkr144.90 Million | +3.62% |
| 2022-12-31 | Nkr139.84 Million | +40.47% |
| 2021-12-31 | Nkr99.55 Million | +15.08% |
| 2020-12-31 | Nkr86.50 Million | -26.61% |
| 2019-12-31 | Nkr117.86 Million | +5.82% |
| 2018-12-31 | Nkr111.38 Million | +10.66% |
| 2017-12-31 | Nkr100.65 Million | +984.92% |
| 2016-12-31 | Nkr9.28 Million | -1.79% |
| 2015-12-31 | Nkr9.45 Million | -82.80% |
| 2014-12-31 | Nkr54.93 Million | -22.68% |
| 2013-12-31 | Nkr71.04 Million | -83.93% |
| 2012-12-31 | Nkr442.04 Million | +11.46% |
| 2011-12-31 | Nkr396.58 Million | -- |