Shelf Drilling Ltd Total Liabilities
Shelf Drilling Ltd total liabilities. 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. Check SHLF cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Total Liabilities of Shelf Drilling Ltd (2014–2024)
Total liabilities of Shelf Drilling Ltd from 2014 to 2024. This chart illustrates how Shelf Drilling Ltd's total liabilities have evolved over time, based on quarterly financial data.
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 |
|---|---|---|
|
Bahnhof AB Series B
ST:BAHN-B
|
Sweden | Skr864.36 Million |
|
Qualitas Ltd
AU:QAL
|
Australia | AU$88.55 Million |
|
Actblue Co Ltd
SHE:300816
|
China | CN¥1.91 Billion |
|
Beijing Sanlian Hope Shin-Gosen Technical Service Co Ltd
SHE:300384
|
China | CN¥541.65 Million |
|
JOONGANG DNM Co.Ltd
KQ:051980
|
Korea | ₩22.80 Billion |
|
Hangzhou Alltest Biotech Co. Ltd. A
SHG:688606
|
China | CN¥226.79 Million |
|
Shenzhen MinDe Electronics Technology Ltd
SHE:300656
|
China | CN¥1.28 Billion |
|
Zinzino AB Series B
ST:ZZ-B
|
Sweden | Skr1.14 Billion |
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 complete balance sheet picture, see Shelf Drilling Ltd (SHLF) total assets.
Liquidity & Leverage Metrics
Shelf Drilling Ltd Total Liabilities Ratios Explained
Shelf Drilling Ltd total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| 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 |
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About 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