Shelf Drilling Ltd Working Capital to Net Assets Ratio
Shelf Drilling Ltd working capital to net assets ratio. Shelf Drilling Ltd (SHLF) has a Working Capital to Net Assets ratio of 39.3% as of June 2025. Working capital of Nkr179.00 Million (current assets of Nkr458.60 Million minus current liabilities of Nkr279.60 Million) is measured against net assets of Nkr455.70 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Shelf Drilling Ltd (2014–2024)
Working capital to net assets ratio of Shelf Drilling Ltd from 2014 to 2024. This chart shows how Shelf Drilling Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2025, the ratio stands at 39.3%, reflecting working capital of Nkr179.00 Million against net assets of Nkr455.70 Million NOK. See Shelf Drilling Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Shelf Drilling Ltd Working Capital to Net Assets Ratio by Year (2014–2024)
Shelf Drilling Ltd working capital to net assets ratio by year from 2014 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Shelf Drilling Ltd from 2014 to 2024, covering 11 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 the complete balance sheet picture, see SHLF total asset value.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 32.8% | Nkr140.50 Million | Nkr428.30 Million | Nkr483.70 Million | Nkr343.20 Million | ▲ +6.5 pp |
| 2023 | 26.3% | Nkr105.70 Million | Nkr402.30 Million | Nkr418.90 Million | Nkr313.20 Million | ▼ -56.2 pp |
| 2022 | 82.5% | Nkr194.26 Million | Nkr235.58 Million | Nkr396.26 Million | Nkr202.00 Million | ▼ -47.5 pp |
| 2021 | 130.0% | Nkr277.76 Million | Nkr213.67 Million | Nkr436.65 Million | Nkr158.88 Million | ▲ +64.7 pp |
| 2020 | 65.3% | Nkr188.82 Million | Nkr288.96 Million | Nkr336.15 Million | Nkr147.33 Million | ▲ +48.0 pp |
| 2019 | 17.3% | Nkr97.29 Million | Nkr561.45 Million | Nkr251.26 Million | Nkr153.97 Million | ▼ -13.9 pp |
| 2018 | 31.2% | Nkr184.43 Million | Nkr591.26 Million | Nkr321.33 Million | Nkr136.89 Million | ▲ +15.0 pp |
| 2017 | 16.1% | Nkr109.03 Million | Nkr675.22 Million | Nkr319.31 Million | Nkr210.28 Million | ▼ -62.6 pp |
| 2016 | 78.7% | Nkr298.67 Million | Nkr379.45 Million | Nkr433.69 Million | Nkr135.02 Million | ▲ +18.5 pp |
| 2015 | 60.2% | Nkr247.34 Million | Nkr410.78 Million | Nkr400.29 Million | Nkr152.96 Million | ▲ +26.1 pp |
| 2014 | 34.1% | Nkr201.48 Million | Nkr590.45 Million | Nkr470.67 Million | Nkr269.19 Million | — |