Odfjell Drilling Ltd (ODL) — Working Capital to Net Assets Ratio
Odfjell Drilling Ltd (ODL) has a Working Capital to Net Assets ratio of 0.7% as of June 2026. Working capital of Nkr9.60 Million (current assets of Nkr285.70 Million minus current liabilities of Nkr276.10 Million) is measured against net assets of Nkr1.44 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Odfjell Drilling Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Odfjell Drilling Ltd Working Capital to Net Assets (2011–2025)
This chart shows how Odfjell Drilling Ltd's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of June 2026, the ratio stands at 0.7%, reflecting working capital of Nkr9.60 Million against net assets of Nkr1.44 Billion NOK. For the complete balance sheet picture, see balance sheet size of Odfjell Drilling Ltd.
Annual Working Capital to Net Assets for Odfjell Drilling Ltd (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Odfjell Drilling Ltd from 2011 to 2025, covering 15 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. Check Odfjell Drilling Ltd (ODL) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 0.0% | Nkr400.00K | Nkr1.43 Billion | Nkr245.00 Million | Nkr244.60 Million | ▲ +0.7 pp |
| 2024 | -0.7% | Nkr-10.00 Million | Nkr1.40 Billion | Nkr246.10 Million | Nkr256.10 Million | ▲ +3.5 pp |
| 2023 | -4.2% | Nkr-58.30 Million | Nkr1.39 Billion | Nkr254.20 Million | Nkr312.50 Million | ▲ +9.6 pp |
| 2022 | -13.8% | Nkr-166.60 Million | Nkr1.21 Billion | Nkr270.10 Million | Nkr436.70 Million | ▼ -17.8 pp |
| 2021 | 4.0% | Nkr50.53 Million | Nkr1.27 Billion | Nkr368.31 Million | Nkr317.78 Million | ▲ +27.1 pp |
| 2020 | -23.2% | Nkr-277.48 Million | Nkr1.20 Billion | Nkr404.58 Million | Nkr682.06 Million | ▼ -21.4 pp |
| 2019 | -1.8% | Nkr-18.94 Million | Nkr1.06 Billion | Nkr373.35 Million | Nkr392.29 Million | ▲ +58.2 pp |
| 2018 | -60.0% | Nkr-614.19 Million | Nkr1.02 Billion | Nkr316.36 Million | Nkr930.55 Million | ▼ -66.2 pp |
| 2017 | 6.2% | Nkr47.21 Million | Nkr767.06 Million | Nkr318.86 Million | Nkr271.65 Million | ▲ +7.2 pp |
| 2016 | -1.0% | Nkr-7.56 Million | Nkr722.09 Million | Nkr306.59 Million | Nkr314.15 Million | ▲ +48.7 pp |
| 2015 | -49.8% | Nkr-472.09 Million | Nkr948.44 Million | Nkr428.12 Million | Nkr900.21 Million | ▼ -51.5 pp |
| 2014 | 1.8% | Nkr19.77 Million | Nkr1.12 Billion | Nkr435.33 Million | Nkr415.56 Million | ▼ -5.8 pp |
| 2013 | 7.5% | Nkr85.33 Million | Nkr1.13 Billion | Nkr496.78 Million | Nkr411.45 Million | ▲ +2.0 pp |
| 2012 | 5.6% | Nkr64.55 Million | Nkr1.15 Billion | Nkr480.94 Million | Nkr416.39 Million | ▼ -22.0 pp |
| 2011 | 27.6% | Nkr285.02 Million | Nkr1.03 Billion | Nkr582.18 Million | Nkr297.16 Million | — |