OTL.OL
Price:
$56
Market Cap:
$2.21B
Odfjell Technology Ltd., a technology and engineering company, provides well, drilling, and engineering services in Norway, Europe, Asia, the United Kingdom, and internationally. The company operates through three segments: Well Services; Operations; and Projects & Engineering. The Well Services segment provides casing and tubular running services, including automated and conventional; drilling tool and tubular rental services; and specialist well intervention products and services for exploration wells and for production. The Operations segment engages in the production of drilling and well completion on client's rigs. This segment is also involved in the slot recovery, plug and abandonment...[Read more]
Industry
Oil & Gas Drilling
IPO Date
2022-03-29
Stock Exchange
OSL
Ticker
OTL.OL
According to Odfjell Technology Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.86. This represents a change of 4.81% compared to the average of 1.77 of the last 4 quarters.
The mean historical Current Ratio of Odfjell Technology Ltd. over the last ten years is 2.16. The current 1.86 Current Ratio has changed 8.52% with respect to the historical average. Over the past ten years (40 quarters), OTL.OL's Current Ratio was at its highest in in the March 2024 quarter at 1.94. The Current Ratio was at its lowest in in the December 2022 quarter at 0.03.
Average
2.16
Median
1.76
Minimum
0
Maximum
4.32
Discovering the peaks and valleys of Odfjell Technology 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 = Infinity%
Maximum Annual Current Ratio = 4.32
Minimum Annual Increase = -56.72%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.73 | -3.55% |
| 2023 | 1.79 | 16.39% |
| 2022 | 1.54 | -56.72% |
| 2021 | 3.56 | -17.65% |
| 2020 | 4.32 | Infinity% |
The current Current Ratio of Odfjell Technology Ltd. (OTL.OL) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.69
5-year avg
2.59
10-year avg
2.16
Odfjell Technology Ltd.’s Current Ratio is greater than Reach Subsea ASA (0.85), less than Panoro Energy ASA (1.92), greater than OKEA Asa (1.38), greater than Northern Ocean Ltd. (0.27), less than Deep Value Driller AS (17.67), less than Akastor ASA (2.19), less than NorAm Drilling AS (1.98), greater than Prosafe SE (0.19), greater than Eidesvik Offshore ASA (1.27), greater than ABL Group ASA (1.37),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.85 | $2.14B | |
| 1.92 | $2.35B | |
| 1.38 | $2.32B | |
| 0.27 | $2.60B | |
| 17.67 | $2.03B | |
| 2.19 | $3.07B | |
| 1.98 | $1.43B | |
| 0.19 | $1.36B | |
| 1.27 | $897.69M | |
| 1.37 | $1.15B |
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