NODL.OL
Price:
$0.2295
Market Cap:
$7.98M
Northern Drilling Ltd. operates as an offshore drilling contractor to the oil and gas industry. The company primarily engages in acquiring and operating drilling assets, as well as involved in drilling in ultra-deep water environments. Northern Drilling Ltd. was incorporated in 2017 and is based in Hamilton, Bermuda.
Industry
Oil & Gas Drilling
IPO Date
2017-10-26
Stock Exchange
OSL
Ticker
NODL.OL
According to Northern Drilling Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 4.90. This represents a change of -87.74% compared to the average of 39.95 of the last 4 quarters.
The mean historical Current Ratio of Northern Drilling Ltd. over the last ten years is 17.84. The current 4.90 Current Ratio has changed 2.64% with respect to the historical average. Over the past ten years (40 quarters), NODL.OL's Current Ratio was at its highest in in the June 2023 quarter at 133.02. The Current Ratio was at its lowest in in the September 2019 quarter at 0.76.
Average
17.84
Median
6.11
Minimum
0.87
Maximum
80.83
Discovering the peaks and valleys of Northern Drilling Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 881.43%
Maximum Annual Current Ratio = 80.83
Minimum Annual Increase = -90.95%
Minimum Annual Current Ratio = 0.87
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 4.90 | -58.97% |
| 2021 | 11.94 | 881.43% |
| 2020 | 1.22 | 40.27% |
| 2019 | 0.87 | -88.15% |
| 2018 | 7.32 | -90.95% |
The current Current Ratio of Northern Drilling Ltd. (NODL.OL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
6.02
5-year avg
5.25
10-year avg
17.84
Northern Drilling Ltd.’s Current Ratio is greater than Seacrest Petroleo Bermuda Limited (0.46), greater than Awilco Drilling PLC (0.21), less than Avance Gas Holding Ltd (93.80), greater than Argeo AS (0.75), greater than DOF ASA (0.25),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.46 | $77.00M | |
| 0.21 | $24.75M | |
| 93.80 | $18.38M | |
| 0.75 | $28.30M | |
| 0.25 | $213.92M |
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