Dolphin Drilling AS (DDRIL) — Working Capital to Net Assets Ratio
Dolphin Drilling AS (DDRIL) has a Working Capital to Net Assets ratio of -46.6% as of September 2025. Working capital of Nkr-11.80 Million (current assets of Nkr110.40 Million minus current liabilities of Nkr122.20 Million) is measured against net assets of Nkr25.30 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Dolphin Drilling AS free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Dolphin Drilling AS Working Capital to Net Assets (2002–2024)
This chart shows how Dolphin Drilling AS's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2002 to 2024. As of September 2025, the ratio stands at -46.6%, reflecting working capital of Nkr-11.80 Million against net assets of Nkr25.30 Million NOK. See DDRIL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Dolphin Drilling AS (2002–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Dolphin Drilling AS from 2002 to 2024, covering 21 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see DDRIL market cap.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 12.1% | Nkr10.00 Million | Nkr82.80 Million | Nkr115.40 Million | Nkr105.40 Million | ▼ -24.0 pp |
| 2023 | 36.1% | Nkr39.43 Million | Nkr109.37 Million | Nkr91.76 Million | Nkr52.33 Million | ▲ +4.4 pp |
| 2022 | 31.7% | Nkr26.74 Million | Nkr84.42 Million | Nkr71.37 Million | Nkr44.63 Million | ▼ -144.1 pp |
| 2021 | 175.8% | Nkr32.88 Million | Nkr18.70 Million | Nkr93.08 Million | Nkr60.19 Million | ▲ +975.9 pp |
| 2018 | -800.1% | Nkr-548.93 Million | Nkr68.61 Million | Nkr244.24 Million | Nkr793.17 Million | ▼ -844.9 pp |
| 2017 | 44.8% | Nkr265.63 Million | Nkr593.31 Million | Nkr566.39 Million | Nkr300.77 Million | ▼ -7.4 pp |
| 2016 | 52.2% | Nkr445.38 Million | Nkr853.24 Million | Nkr511.72 Million | Nkr66.34 Million | ▲ +34.4 pp |
| 2015 | 17.8% | Nkr171.42 Million | Nkr965.53 Million | Nkr676.94 Million | Nkr505.52 Million | ▲ +28.4 pp |
| 2014 | -10.7% | Nkr-139.43 Million | Nkr1.31 Billion | Nkr522.33 Million | Nkr661.76 Million | ▲ +9.9 pp |
| 2013 | -20.6% | Nkr-295.80 Million | Nkr1.44 Billion | Nkr546.62 Million | Nkr842.42 Million | ▼ -14.9 pp |
| 2012 | -5.7% | Nkr-80.24 Million | Nkr1.41 Billion | Nkr532.16 Million | Nkr612.39 Million | ▼ -33.0 pp |
| 2011 | 27.3% | Nkr365.41 Million | Nkr1.34 Billion | Nkr712.90 Million | Nkr347.49 Million | ▲ +8.5 pp |
| 2010 | 18.8% | Nkr221.92 Million | Nkr1.18 Billion | Nkr556.18 Million | Nkr334.27 Million | ▼ -3.8 pp |
| 2009 | 22.6% | Nkr221.68 Million | Nkr980.10 Million | Nkr644.69 Million | Nkr423.02 Million | ▼ -40.6 pp |
| 2008 | 63.2% | Nkr501.57 Million | Nkr793.43 Million | Nkr879.01 Million | Nkr377.45 Million | ▲ +65.9 pp |
| 2007 | -2.7% | Nkr-20.15 Million | Nkr751.22 Million | Nkr354.80 Million | Nkr374.95 Million | ▼ -27.5 pp |
| 2006 | 24.8% | Nkr156.91 Million | Nkr632.50 Million | Nkr310.50 Million | Nkr153.59 Million | ▲ +11.7 pp |
| 2005 | 13.1% | Nkr57.53 Million | Nkr437.55 Million | Nkr252.13 Million | Nkr194.60 Million | ▲ +6.3 pp |
| 2004 | 6.8% | Nkr55.61 Million | Nkr812.46 Million | Nkr206.81 Million | Nkr151.20 Million | ▲ +13.8 pp |
| 2003 | -7.0% | Nkr-52.08 Million | Nkr746.68 Million | Nkr140.55 Million | Nkr192.62 Million | ▲ +1.4 pp |
| 2002 | -8.4% | Nkr-64.36 Million | Nkr765.21 Million | Nkr143.23 Million | Nkr207.59 Million | — |