NorAm Drilling AS (TM9) - Total Liabilities
Based on the latest financial reports, NorAm Drilling AS (TM9) has total liabilities worth €20.14 Million EUR (≈ $23.54 Million USD) as of December 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Also explore how fast is NorAm Drilling AS growing its equity to track the company's year-over-year net asset growth rate.
NorAm Drilling AS - Total Liabilities Trend (2019–2025)
This chart illustrates how NorAm Drilling AS's total liabilities have evolved over time, based on quarterly financial data. See NorAm Drilling AS free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
NorAm Drilling AS Competitors by Total Liabilities
The table below lists competitors of NorAm Drilling AS ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Capacit'e Infraprojects Limited
NSE:CAPACITE
|
India | Rs19.27 Billion |
|
In Win Development Inc
TW:6117
|
Taiwan | NT$3.22 Billion |
|
Superior Uniform Group Inc
NASDAQ:SGC
|
USA | $213.77 Million |
|
Kwong Lung Enterprise Co Ltd
TWO:8916
|
Taiwan | NT$5.16 Billion |
|
CHTC Helon Co Ltd
SHE:000677
|
China | CN¥942.82 Million |
|
JCY International Bhd
KLSE:5161
|
Malaysia | RM133.08 Million |
|
QDRO Acquisition Corp. Class A Ordinary Shares
NASDAQ:QADR
|
USA | $8.41 Million |
|
Wei Chuan Foods Corp
TW:1201
|
Taiwan | NT$10.66 Billion |
Liability Composition Analysis (2019–2025)
This chart breaks down NorAm Drilling AS's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see market value of NorAm Drilling AS.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.41 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.36 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.26 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how NorAm Drilling AS's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for NorAm Drilling AS (2019–2025)
The table below shows the annual total liabilities of NorAm Drilling AS from 2019 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | €20.14 Million ≈ $23.54 Million |
-20.11% |
| 2024-12-31 | €25.21 Million ≈ $29.47 Million |
-1.44% |
| 2023-12-31 | €25.57 Million ≈ $29.90 Million |
-24.27% |
| 2022-12-31 | €33.77 Million ≈ $39.48 Million |
-61.77% |
| 2021-12-31 | €88.34 Million ≈ $103.28 Million |
-5.93% |
| 2020-12-31 | €93.91 Million ≈ $109.79 Million |
-3.69% |
| 2019-12-31 | €97.51 Million ≈ $114.00 Million |
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About NorAm Drilling AS
NorAm Drilling AS, together with its subsidiary, owns and operates AC driven rigs for the drilling of horizontal wells in the United States. The company owns and operates a fleet of rigs located in the Permian Basin. NorAm Drilling AS was incorporated in 2007 and is headquartered in Oslo, Norway.