Shelf Drilling Ltd (SHLF) - Total Liabilities

Latest as of June 2025: Nkr1.56 Billion NOK ≈ $163.69 Million USD

Based on the latest financial reports, Shelf Drilling Ltd (SHLF) has total liabilities worth Nkr1.56 Billion NOK (≈ $163.69 Million USD) as of June 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.

Shelf Drilling Ltd - Total Liabilities Trend (2014–2024)

This chart illustrates how Shelf Drilling Ltd's total liabilities have evolved over time, based on quarterly financial data. See SHLF net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Shelf Drilling Ltd Competitors by Total Liabilities

The table below lists competitors of Shelf Drilling Ltd ranked by their total liabilities.

Company	Country	Total Liabilities
One Liberty Properties Inc NYSE:OLP	USA	$557.77 Million
Marcopolo S.A SA:POMO3	Brazil	R$5.83 Billion
Petpal Pet Nutrition Technology Co Ltd SHE:300673	China	CN¥987.01 Million
Global Dominion Access S.A MC:DOM	Spain	€1.36 Billion
Vinh Hoan Corp VN:VHC	Vietnam	₫3.43 Trillion
Guangbo Group Stock Co Ltd SHE:002103	China	CN¥727.13 Million
Dareway Software Co Ltd SHG:688579	China	CN¥249.17 Million
Queen's Road Capital Investment Ltd. TO:QRC	Canada	CA$53.73 Million

Liability Composition Analysis (2014–2024)

This chart breaks down Shelf Drilling Ltd'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 Shelf Drilling Ltd stock valuation.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	1.64	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	3.41	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.77	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 Shelf Drilling Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Shelf Drilling Ltd (2014–2024)

The table below shows the annual total liabilities of Shelf Drilling Ltd from 2014 to 2024.

Year	Total Liabilities	Change
2024-12-31	Nkr1.65 Billion ≈ $173.51 Million	-2.80%
2023-12-31	Nkr1.70 Billion ≈ $178.51 Million	-6.32%
2022-12-31	Nkr1.81 Billion ≈ $190.54 Million	+28.98%
2021-12-31	Nkr1.40 Billion ≈ $147.73 Million	+14.38%
2020-12-31	Nkr1.23 Billion ≈ $129.16 Million	+7.80%
2019-12-31	Nkr1.14 Billion ≈ $119.81 Million	+7.96%
2018-12-31	Nkr1.05 Billion ≈ $110.98 Million	+4.66%
2017-12-31	Nkr1.01 Billion ≈ $106.04 Million	-16.47%
2016-12-31	Nkr1.21 Billion ≈ $126.96 Million	+12.43%
2015-12-31	Nkr1.07 Billion ≈ $112.92 Million	-6.34%
2014-12-31	Nkr1.15 Billion ≈ $120.56 Million	--

About Shelf Drilling Ltd

OL:SHLF Norway Oil & Gas Drilling

Market Cap

$498.91 Million

Nkr4.74 Billion NOK

Market Cap Rank

#12451 Global

#91 in Norway

Share Price

Nkr18.44

Change (1 day)

+0.00%

52-Week Range

Nkr7.86 - Nkr18.46

All Time High

Nkr77.00