Odfjell Drilling Ltd.

Odfjell Drilling Ltd. - Current Ratioverified

ODL.OL

Price:

$102.6

Market Cap:

$2.65B

Odfjell Drilling Ltd. engages in owning and operating mobile offshore drilling units primarily in Norway and Namibia. The company operates through Own Fleet and External Fleet segments. It also offers management services to other owners of drilling units, such as operational management, regulatory requirements management, marketing, contract negotiations and client relations, and operation and mobilization preparation services. The company was founded in 1914 and is based in Aberdeen, the United Kingdom. Odfjell Drilling Ltd. operates as a subsidiary of Odfjell Partners Holding Ltd.

Industry

Oil & Gas Drilling

IPO Date

2013-09-27

Stock Exchange

OSL

Ticker

ODL.OL

The Current Ratio as of September 2026 (TTM) for Odfjell Drilling Ltd. (ODL.OL) is 1.03

According to Odfjell Drilling Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.03. This represents a change of 6.54% compared to the average of 0.97 of the last 4 quarters.

Odfjell Drilling Ltd. (ODL.OL) Historical Current Ratio (quarterly & annually)

How has ODL.OL Current Ratio performed in the past?

The mean historical Current Ratio of Odfjell Drilling Ltd. over the last ten years is 0.86. The current 1.03 Current Ratio has changed 11.95% with respect to the historical average. Over the past ten years (40 quarters), ODL.OL's Current Ratio was at its highest in in the September 2017 quarter at 1.23. The Current Ratio was at its lowest in in the December 2018 quarter at 0.34.

Quarterly (TTM)
Annual

Average

0.86

Median

0.96

Minimum

0.34

Maximum

1.17

Odfjell Drilling Ltd. (ODL.OL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Odfjell 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 = 179.94%

Maximum Annual Current Ratio = 1.17

Minimum Annual Increase = -71.04%

Minimum Annual Current Ratio = 0.34

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.004.23%
20240.9618.13%
20230.8131.52%
20220.62-46.64%
20211.1695.39%
20200.59-37.67%
20190.95179.94%
20180.34-71.04%
20171.1720.27%
20160.98105.21%

Odfjell Drilling Ltd. (ODL.OL) Average Current Ratio

How has ODL.OL Current Ratio performed in the past?

The current Current Ratio of Odfjell Drilling Ltd. (ODL.OL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.93

5-year avg

0.91

10-year avg

0.86

Odfjell Drilling Ltd. (ODL.OL) Current Ratio vs. Peers

How is ODL.OL’s Current Ratio compared to its peers?

Odfjell Drilling Ltd.’s Current Ratio is greater than TGS ASA (0.58), greater than Aker Solutions ASA (0.85), less than Odfjell Technology Ltd. (1.82), greater than DNO ASA (0.88), less than BW Energy Limited (1.20), less than Shelf Drilling, Ltd. (1.64), less than BlueNord ASA (1.07), less than Paratus Energy Services Ltd. (2.64), greater than Northern Ocean Ltd. (0.37), less than Dolphin Drilling AS (1.92),

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