Shelf Drilling, Ltd. - Current Ratio
SHLF.OL
Price:
$18.44
Market Cap:
$507.98M
Shelf Drilling, Ltd., through its various subsidiaries, operates as a specialized offshore drilling contractor, concentrating on shallow water environments. Its operations span a wide geographical area, including the Middle East, North Africa, the Mediterranean region, Southeast Asia, India, and West Africa. The company delivers crucial equipment and professional services for the entire lifecycle of oil and natural gas wells, from their initial drilling and completion to ongoing maintenance and eventual decommissioning. Its clientele comprises government-owned or state-controlled energy entities, globally integrated publicly traded oil companies, and independent exploration and production en...[Read more]
Industry
Oil & Gas Drilling
IPO Date
2018-06-25
Stock Exchange
OSL
Ticker
SHLF.OL
PE Ratio
[3.64]
ROE
[5.54%]
Current Ratio
[1.64]
Dividend Yield
[0%]
Enterprise Value
[1.65B]
Dividend History
The Current Ratio as of August 2026 (TTM) for Shelf Drilling, Ltd. (SHLF.OL) is 1.64
According to Shelf Drilling, Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.64. This represents a change of 7.10% compared to the average of 1.53 of the last 4 quarters.
Shelf Drilling, Ltd. (SHLF.OL) Historical Current Ratio (quarterly & annually)
How has SHLF.OL Current Ratio performed in the past?
The mean historical Current Ratio of Shelf Drilling, Ltd. over the last ten years is 2.11. The current 1.64 Current Ratio has changed 7.69% with respect to the historical average. Over the past ten years (40 quarters), SHLF.OL's Current Ratio was at its highest in in the September 2022 quarter at 4.74. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
2.11
Median
2.12
Minimum
1.34
Maximum
3.21
Shelf Drilling, Ltd. (SHLF.OL) Current Ratio by Quarter and Year
Discovering the peaks and valleys of Shelf 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 = 54.58%
Maximum Annual Current Ratio = 3.21
Minimum Annual Increase = -52.73%
Minimum Annual Current Ratio = 1.34
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.41 | 5.38% |
| 2023 | 1.34 | -31.82% |
| 2022 | 1.96 | -28.62% |
| 2021 | 2.75 | 20.45% |
| 2020 | 2.28 | 39.81% |
| 2019 | 1.63 | -30.48% |
| 2018 | 2.35 | 54.58% |
| 2017 | 1.52 | -52.73% |
| 2016 | 3.21 | 22.74% |
| 2015 | 2.62 | 49.67% |
Shelf Drilling, Ltd. (SHLF.OL) Average Current Ratio
How has SHLF.OL Current Ratio performed in the past?
The current Current Ratio of Shelf Drilling, Ltd. (SHLF.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
1.57
5-year avg
1.95
10-year avg
2.11
Shelf Drilling, Ltd. (SHLF.OL) Current Ratio vs. Peers
How is SHLF.OL’s Current Ratio compared to its peers?
Shelf Drilling, Ltd.’s Current Ratio is less than Odfjell Technology Ltd. (1.82), greater than BW Offshore Limited (1.26), less than Paratus Energy Services Ltd. (2.64), greater than Northern Ocean Ltd. (0.25), greater than Panoro Energy ASA (1.23), less than Akastor ASA (6.07), greater than Reach Subsea ASA (1.01), greater than Deep Value Driller AS (1.23), greater than OKEA Asa (1.47), less than Dolphin Drilling AS (1.92),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.82 | $2.41B | |
| 1.26 | $7.07B | |
| 2.64 | $7.80B | |
| 0.25 | $2.26B | |
| 1.23 | $3.90B | |
| 6.07 | $3.62B | |
| 1.01 | $2.09B | |
| 1.23 | $1.89B | |
| 1.47 | $3.93B | |
| 1.92 | $233.87M |
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