Shelf Drilling Ltd
Shelf Drilling, Ltd., together with its subsidiaries, operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, West Africa, and the North Sea. The company offers equipment and services for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells, and associated services using the rigs of its… Read more
Shelf Drilling Ltd (SHLLF) - Total Assets
Latest total assets as of June 2025: $2.01 Billion USD
Based on the latest financial reports, Shelf Drilling Ltd (SHLLF) holds total assets worth $2.01 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.
Shelf Drilling Ltd - Total Assets Trend (2014–2024)
This chart illustrates how Shelf Drilling Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shelf Drilling Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shelf Drilling Ltd's total assets of $2.01 Billion consist of 23.3% current assets and 76.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.3% |
| Accounts Receivable | $224.20 Million | 10.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Shelf 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shelf Drilling Ltd's current assets represent 23.3% of total assets in 2024, a decrease from 27.1% in 2014.
- Cash Position: Cash and equivalents constituted 7.3% of total assets in 2024, up from 5.2% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 10.8% of total assets.
Shelf Drilling Ltd Competitors by Total Assets
Key competitors of Shelf Drilling Ltd 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 |
Shelf Drilling Ltd - 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
Moderate asset utilization - Shelf Drilling Ltd generates 0.47x 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, Shelf Drilling Ltd generates $ 3.92 in net profit.
Shelf 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 | 1.64 | 1.33 | 2.28 |
| Quick Ratio | 1.64 | 1.33 | 2.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $179.00 Million | $ 113.30 Million | $ 143.37 Million |
Shelf Drilling Ltd - Advanced Valuation Insights
This section examines the relationship between Shelf 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 | 1.04 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -1.0% |
| Total Assets | $2.08 Billion |
| Market Capitalization | $77.26 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shelf Drilling Ltd's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Shelf Drilling Ltd's assets decreased by 1.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Shelf Drilling Ltd (2014–2024)
The table below shows the annual total assets of Shelf Drilling Ltd from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.08 Billion | -1.02% |
| 2023-12-31 | $2.10 Billion | +2.56% |
| 2022-12-31 | $2.05 Billion | +26.51% |
| 2021-12-31 | $1.62 Billion | +6.67% |
| 2020-12-31 | $1.52 Billion | -10.81% |
| 2019-12-31 | $1.70 Billion | +3.29% |
| 2018-12-31 | $1.65 Billion | -2.20% |
| 2017-12-31 | $1.68 Billion | +6.12% |
| 2016-12-31 | $1.59 Billion | +6.88% |
| 2015-12-31 | $1.48 Billion | -14.53% |
| 2014-12-31 | $1.74 Billion | -- |