ODFJF
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
ODFJF (ODFJF) - Total Assets
Latest total assets as of June 2025: $2.20 Billion USD
Based on the latest financial reports, ODFJF (ODFJF) holds total assets worth $2.20 Billion USD 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.
ODFJF - Total Assets Trend (2020–2024)
This chart illustrates how ODFJF’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ODFJF - Asset Composition Analysis
Current Asset Composition (December 2024)
ODFJF's total assets of $2.20 Billion consist of 11.1% current assets and 88.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.3% |
| Accounts Receivable | $106.80 Million | 4.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $2.60 Million | 0.1% |
Asset Composition Trend (2020–2024)
This chart illustrates how ODFJF'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: ODFJF's current assets represent 11.1% of total assets in 2024, a decrease from 15.3% in 2020.
- Cash Position: Cash and equivalents constituted 5.3% of total assets in 2024, down from 6.9% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 4.8% of total assets.
ODFJF Competitors by Total Assets
Key competitors of ODFJF based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aban Offshore Limited
NSE:ABAN
|
India | ₹16.43 Billion |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828
|
China | CN¥1.85 Billion |
|
Daldrup & Söhne Aktiengesellschaft
F:4DS
|
Germany | €37.46 Million |
|
Velesto Energy Bhd
KLSE:5243
|
Malaysia | RM2.85 Billion |
|
ARCHER
F:8SW
|
Germany | €1.07 Billion |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
|
Agri-Dynamics Inc
PINK:AGDY
|
USA | $144.28K |
|
AKITA Drilling Ltd
PINK:AKTAF
|
USA | $258.01 Million |
ODFJF - 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 - ODFJF generates 0.22x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, ODFJF generates $ 2.92 in net profit.
ODFJF - 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 | 0.85 | 1.00 | 0.51 |
| Quick Ratio | 0.85 | 1.00 | 0.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-40.40 Million | $ 1.00 Million | $ -233.10 Million |
ODFJF - Advanced Valuation Insights
This section examines the relationship between ODFJF'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 | 1.74 |
| Latest Market Cap to Assets Ratio | 0.30 |
| Asset Growth Rate (YoY) | -4.1% |
| Total Assets | $2.21 Billion |
| Market Capitalization | $672.14 Million USD |
Valuation Analysis
Below Book Valuation: The market values ODFJF's assets below their book value (0.30 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: ODFJF's assets decreased by 4.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for ODFJF (2020–2024)
The table below shows the annual total assets of ODFJF from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.21 Billion | -4.07% |
| 2023-12-31 | $2.31 Billion | +4.03% |
| 2022-12-31 | $2.22 Billion | -11.76% |
| 2021-12-31 | $2.52 Billion | -4.74% |
| 2020-12-31 | $2.64 Billion | -- |