Shelf Drilling, Ltd.

Shelf Drilling, Ltd.verified

SHLLF

Price:

$1.7

Market Cap:

$467.46M

Shelf Drilling, Ltd., together with its subsidiaries, operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, and West Africa. The company offers equipment and services for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells. It serves government owned or controlled energy companies, and publicly listed global integrated oil companies or independent exploration and production companies. As of December 31, 2021, it owned 30 independent-leg cantilever jack-up rigs. Shelf Drilling, Ltd. was incorporated in 2012 and is headquartered in Dubai, the United Arab Emirates.

Industry

Oil & Gas Drilling

IPO Date

2020-06-24

Stock Exchange

OTC

Ticker

SHLLF

The Current Ratio as of December 2025 (TTM) for Shelf Drilling, Ltd. (SHLLF) 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. (SHLLF) Historical Current Ratio (quarterly & annually)

How has SHLLF 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), SHLLF'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.

Quarterly (TTM)
Annual

Average

2.11

Median

2.12

Minimum

1.34

Maximum

3.21

Shelf Drilling, Ltd. (SHLLF) 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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.415.38%
20231.34-31.82%
20221.96-28.62%
20212.7520.45%
20202.2839.81%
20191.63-30.48%
20182.3554.58%
20171.52-52.73%
20163.2122.74%
20152.6249.67%

Shelf Drilling, Ltd. (SHLLF) Average Current Ratio

How has SHLLF Current Ratio performed in the past?

The current Current Ratio of Shelf Drilling, Ltd. (SHLLF) 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. (SHLLF) Current Ratio vs. Peers

How is SHLLF’s Current Ratio compared to its peers?

Shelf Drilling, Ltd.’s Current Ratio is greater than China Aviation Oil (Singapore) Corporation Ltd (1.62), less than SBO AG (3.63), greater than Surge Energy Inc. (0.84), less than PetroTal Corp. (2.36), less than ShaMaran Petroleum Corp. (3.79), greater than Anton Oilfield Services Group (1.23), greater than Tenaz Energy Corp. (1.28), greater than Pantheon Resources Plc (0.96), less than Karoon Energy Ltd (1.82), greater than Gulf Keystone Petroleum Limited (1.28),

Build a custom stock screener for Shelf Drilling, Ltd. (SHLLF) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Shelf Drilling, Ltd. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Shelf Drilling, Ltd. (SHLLF) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Shelf Drilling, Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Shelf Drilling, Ltd.'s Current Ratio?

How is the Current Ratio calculated for Shelf Drilling, Ltd. (SHLLF)?

What is the highest Current Ratio for Shelf Drilling, Ltd. (SHLLF)?

What is the 3-year average Current Ratio for Shelf Drilling, Ltd. (SHLLF)?

What is the 5-year average Current Ratio for Shelf Drilling, Ltd. (SHLLF)?

How does the current Current Ratio for Shelf Drilling, Ltd. (SHLLF) compare to its historical average?