Odfjell Drilling (ODL.OL) Financial Statements
Price: $58.1
Market Cap: $13.93B
Avg Volume: 331.20K
Market Cap: $13.93B
Avg Volume: 331.20K
Country: GB
Industry: Oil & Gas Drilling
Sector: Energy
Industry: Oil & Gas Drilling
Sector: Energy
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Odfjell Drilling.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $480.70M | $732.50M | $649.50M | $572.10M | $929.74M | $823.20M | $698.48M | $662.16M | $657.39M | $926.83M |
| Cost of Revenue | $195.00M | $22.10M | $- | $- | $- | $- | $- | $- | $- | $12.12M |
| Gross Profit | $285.70M | $710.40M | $649.50M | $572.10M | $929.74M | $823.20M | $698.48M | $662.16M | $657.39M | $914.70M |
| Gross Profit Ratio | 59.43% | 97.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 98.69% |
| Research and Development Expenses | $- | $- | $- | $- | $244.00K | $74.00K | $72.00K | $- | $- | $- |
| General and Administrative Expenses | $- | $3.40M | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $2.10M | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $- | $5.50M | $206.50M | $200.90M | $344.00M | $332.15M | $315.52M | $271.77M | $232.56M | $381.74M |
| Other Expenses | $135.20M | $163.70M | $- | $- | $- | $- | $- | $- | $- | $- |
| Operating Expenses | $135.20M | $426.10M | $508.60M | $453.20M | $712.89M | $690.29M | $595.03M | $555.50M | $635.59M | $1.19B |
| Cost and Expenses | $330.20M | $426.10M | $508.60M | $453.20M | $712.89M | $690.29M | $595.03M | $555.50M | $635.59M | $1.20B |
| Interest Income | $5.50M | $- | $52.60M | $52.40M | $71.20M | $89.10M | $72.31M | $69.97M | $60.36M | $61.04M |
| Interest Expense | $64.90M | $69.90M | $49.20M | $49.30M | $66.54M | $91.76M | $74.36M | $65.64M | $61.18M | $62.28M |
| Depreciation and Amortization | $-7.10M | $163.40M | $152.00M | $155.60M | $193.67M | $175.42M | $157.59M | $158.56M | $168.08M | $160.50M |
| EBITDA | $143.40M | $311.80M | $288.50M | $255.40M | $407.58M | $320.67M | $253.89M | $259.63M | $281.52M | $47.92M |
| EBITDA Ratio | 29.83% | 42.57% | 44.42% | 44.64% | 43.84% | 38.95% | 36.35% | 39.21% | 42.82% | 37.35% |
| Operating Income | $150.50M | $306.40M | $136.50M | $99.80M | $213.91M | $145.25M | $96.31M | $101.07M | $113.45M | $185.70M |
| Operating Income Ratio | 31.31% | 41.83% | 21.02% | 17.44% | 23.01% | 17.65% | 13.79% | 15.26% | 17.26% | 20.04% |
| Total Other Income Expenses Net | $-72.00M | $-84.00M | $-48.20M | $-40.60M | $-70.80M | $-102.76M | $-67.38M | $-75.60M | $-72.65M | $-92.85M |
| Income Before Tax | $78.50M | $222.40M | $88.30M | $66.50M | $145.64M | $43.80M | $31.14M | $36.69M | $-38.55M | $-335.17M |
| Income Before Tax Ratio | 16.33% | 30.36% | 13.60% | 11.62% | 15.66% | 5.32% | 4.46% | 5.54% | -5.86% | -36.16% |
| Income Tax Expense | $13.80M | $300.00K | $5.40M | $5.50M | $2.34M | $2.98M | $3.79M | $1.33M | $25.14M | $15.74M |
| Net Income | $64.70M | $222.10M | $74.60M | $52.90M | $135.16M | $33.00M | $22.93M | $35.35M | $-63.69M | $-319.43M |
| Net Income Ratio | 13.46% | 30.32% | 11.49% | 9.25% | 14.54% | 4.01% | 3.28% | 5.34% | -9.69% | -34.47% |
| EPS | $0.27 | $0.94 | $0.32 | $0.22 | $0.57 | $0.14 | $0.10 | $0.18 | $-0.32 | $-1.61 |
| EPS Diluted | $0.27 | $0.94 | $0.32 | $0.22 | $0.57 | $0.14 | $0.10 | $0.18 | $-0.32 | $-1.61 |
| Weighted Average Shares Outstanding | 237.79M | 236.78M | 236.78M | 236.78M | 236.78M | 236.78M | 222.60M | 198.74M | 198.74M | 198.73M |
| Weighted Average Shares Outstanding Diluted | 238.56M | 236.78M | 236.78M | 236.78M | 236.78M | 236.78M | 222.60M | 198.74M | 198.74M | 198.73M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $118.10M | $119.20M | $135.60M | $147.06M | $181.11M | $126.40M | $141.75M | $136.90M | $174.90M | $189.84M |
| Short Term Investments | $- | $1.60M | $- | $-7.69M | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $118.10M | $130.80M | $135.60M | $147.06M | $181.11M | $126.40M | $141.75M | $136.90M | $174.90M | $189.84M |
| Net Receivables | $- | $108.40M | $99.60M | $164.70M | $171.79M | $183.55M | $103.06M | $137.44M | $111.09M | $178.48M |
| Inventory | $- | $- | $- | $2.51M | $2.07M | $1.87M | $1.57M | $1.68M | $1.78M | $2.82M |
| Other Current Assets | $128.00M | $15.00M | $13.30M | $28.10M | $23.84M | $18.23M | $36.97M | $13.67M | $12.10M | $45.20M |
| Total Current Assets | $246.10M | $254.20M | $270.10M | $368.31M | $404.58M | $373.35M | $316.36M | $318.86M | $306.59M | $428.12M |
| Property Plant Equipment Net | $1.93B | $2.01B | $1.94B | $2.11B | $2.20B | $2.28B | $1.93B | $1.78B | $1.91B | $2.29B |
| Goodwill | $2.60M | $2.90M | $3.00M | $18.36M | $19.74M | $18.44M | $18.64M | $19.74M | $18.79M | $18.38M |
| Intangible Assets | $- | $100.00K | $400.00K | $10.15M | $9.15M | $11.23M | $11.17M | $13.12M | $14.22M | $15.42M |
| Goodwill and Intangible Assets | $2.60M | $3.00M | $3.40M | $28.52M | $28.89M | $29.68M | $29.81M | $32.86M | $33.01M | $33.80M |
| Long Term Investments | $- | $- | $- | $8.18M | $2.59M | $1.73M | $769.00K | $551.00K | $8.22M | $14.42M |
| Tax Assets | $6.70M | $- | $400.00K | $1.29M | $1.04M | $777.00K | $1.27M | $3.57M | $2.50M | $8.40M |
| Other Non-Current Assets | $27.30M | $38.60M | $7.40M | $-2.00K | $-1.00K | $2.00K | $1.00K | $-2.00K | $524.00K | $744.00K |
| Total Non-Current Assets | $1.97B | $2.05B | $1.95B | $2.15B | $2.24B | $2.31B | $1.96B | $1.82B | $1.96B | $2.35B |
| Other Assets | $- | $-100.00K | $- | $- | $- | $- | $-1.00K | $- | $1.00K | $- |
| Total Assets | $2.21B | $2.31B | $2.22B | $2.52B | $2.64B | $2.69B | $2.28B | $2.14B | $2.26B | $2.77B |
| Account Payables | $35.50M | $48.90M | $35.80M | $43.20M | $52.67M | $46.17M | $42.05M | $35.21M | $17.23M | $25.15M |
| Short Term Debt | $110.70M | $174.40M | $340.00M | $168.90M | $523.43M | $224.34M | $782.98M | $157.47M | $204.06M | $577.65M |
| Tax Payables | $- | $29.00M | $19.20M | $27.32M | $25.44M | $21.77M | $18.23M | $16.46M | $25.69M | $26.26M |
| Deferred Revenue | $- | $- | $- | $- | $- | $121.78M | $-782.98M | $-157.47M | $-204.06M | $140.71M |
| Other Current Liabilities | $109.90M | $60.20M | $41.70M | $78.36M | $80.52M | $-21.76M | $87.30M | $62.51M | $67.16M | $-10.28M |
| Total Current Liabilities | $256.10M | $312.50M | $436.70M | $317.78M | $682.06M | $392.29M | $930.55M | $271.65M | $314.15M | $900.21M |
| Long Term Debt | $554.90M | $600.20M | $570.70M | $916.70M | $744.09M | $1.21B | $311.82M | $1.08B | $1.21B | $879.42M |
| Deferred Revenue Non-Current | $- | $- | $- | $5.59M | $3.69M | $1.56M | $369.00K | $5.33M | $903.00K | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $18.08M | $17.66M | $- |
| Other Non-Current Liabilities | $800.00K | $2.10M | $3.40M | $12.50M | $15.84M | $17.39M | $10.30M | $5.33M | $1.42M | $45.69M |
| Total Non-Current Liabilities | $555.70M | $602.30M | $574.10M | $929.20M | $759.92M | $1.23B | $322.12M | $1.10B | $1.23B | $925.12M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $811.80M | $914.80M | $1.01B | $1.25B | $1.44B | $1.62B | $1.25B | $1.37B | $1.54B | $1.83B |
| Preferred Stock | $- | $- | $200.00K | $161.00K | $161.00K | $161.00K | $- | $- | $- | $- |
| Common Stock | $386.20M | $2.40M | $2.30M | $2.37M | $2.37M | $2.53M | $2.53M | $1.99M | $1.99M | $1.99M |
| Retained Earnings | $- | $1.11B | $919.80M | $812.67M | $742.94M | $605.46M | $568.86M | $543.24M | $508.15M | $733.29M |
| Accumulated Other Comprehensive Income Loss | $- | $-89.30M | $- | $- | $- | $-161.00K | $-1.39B | $-1.38B | $-1.24B | $-938.89M |
| Other Total Stockholders Equity | $1.02B | $367.80M | $367.40M | $562.60M | $562.43M | $670.47M | $1.85B | $1.61B | $1.45B | $1.31B |
| Total Stockholders Equity | $1.40B | $1.39B | $1.21B | $1.27B | $1.20B | $1.06B | $1.02B | $767.06M | $722.09M | $948.44M |
| Total Equity | $1.40B | $1.39B | $1.21B | $1.27B | $1.20B | $1.06B | $1.02B | $767.06M | $722.09M | $948.44M |
| Total Liabilities and Stockholders Equity | $2.21B | $2.31B | $2.22B | $2.52B | $2.64B | $2.69B | $2.28B | $2.14B | $2.26B | $2.77B |
| Minority Interest | $- | $- | $- | $- | $636.00K | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $2.21B | $2.31B | $2.22B | $2.52B | $2.64B | $2.69B | $2.28B | $2.14B | $2.26B | $2.77B |
| Total Investments | $- | $1.60M | $- | $486.00K | $2.59M | $1.73M | $769.00K | $551.00K | $8.22M | $14.42M |
| Total Debt | $665.60M | $774.60M | $910.70M | $1.08B | $1.26B | $1.44B | $1.09B | $1.23B | $1.41B | $1.60B |
| Net Debt | $547.50M | $655.40M | $775.10M | $935.42M | $1.08B | $1.31B | $953.05M | $1.10B | $1.24B | $1.41B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $78.50M | $222.10M | $98.60M | $77.69M | $145.64M | $43.80M | $31.14M | $36.69M | $-38.55M | $-178.25M |
| Depreciation and Amortization | $- | $22.10M | $171.50M | $181.94M | $203.96M | $185.19M | $160.63M | $161.44M | $250.72M | $163.89M |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $15.20M | $-4.90M | $-8.90M | $194.00K | $3.42M | $-46.64M | $44.38M | $-14.14M | $624.00K | $36.98M |
| Accounts Receivables | $- | $-11.40M | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $-400.00K | $-480.00K | $-170.00K | $-310.00K | $81.00K | $157.00K | $1.08M | $610.00K |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $15.20M | $6.50M | $-8.50M | $674.00K | $3.60M | $-46.33M | $44.30M | $-14.30M | $-455.00K | $36.38M |
| Other Non Cash Items | $194.00M | $25.40M | $14.00M | $-3.33M | $-7.29M | $15.96M | $-15.62M | $-18.15M | $-14.12M | $248.25M |
| Net Cash Provided by Operating Activities | $287.70M | $264.70M | $275.20M | $256.50M | $345.74M | $198.32M | $220.53M | $165.84M | $198.67M | $270.87M |
| Investments in Property Plant and Equipment | $-132.00M | $-66.20M | $-66.60M | $-97.83M | $-114.05M | $-425.58M | $-305.88M | $-29.47M | $-31.23M | $-147.04M |
| Acquisitions Net | $- | $- | $-1.80M | $-486.00K | $255.00K | $967.00K | $9.74M | $26.58M | $7.92M | $-3.16M |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $1.70M | $-19.70M | $-42.60M | $924.00K | $669.00K | $-3.63M | $2.65M | $2.10M | $1.53M | $2.45M |
| Net Cash Used for Investing Activities | $-130.30M | $-85.90M | $-111.00M | $-97.39M | $-113.12M | $-428.25M | $-293.49M | $-787.00K | $-21.78M | $-147.75M |
| Debt Repayment | $-90.40M | $-145.30M | $-94.20M | $-178.30M | $-189.03M | $240.91M | $-145.30M | $-184.24M | $-193.77M | $-114.00M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $236.12M | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $-75.20M | $- | $- | $- | $- | $- | $- | $-612.00K |
| Dividends Paid | $-57.20M | $-28.40M | $-2.20M | $-4.30M | $-4.11M | $-3.91M | $-2.21M | $- | $- | $- |
| Other Financing Activities | $-16.10M | $-22.70M | $-75.20M | $-6.18M | $1.00K | $-6.30M | $- | $- | $- | $- |
| Net Cash Used Provided by Financing Activities | $-163.70M | $-196.40M | $-171.60M | $-188.78M | $-193.14M | $230.70M | $88.61M | $-184.24M | $-193.77M | $-114.61M |
| Effect of Forex Changes on Cash | $-4.80M | $-10.30M | $-8.50M | $-4.19M | $-2.28M | $-5.84M | $-6.86M | $3.53M | $-3.12M | $1.92M |
| Net Change in Cash | $-11.10M | $-28.00M | $-15.80M | $-33.86M | $37.20M | $-5.07M | $8.79M | $-15.65M | $-20.00M | $10.43M |
| Cash at End of Period | $118.10M | $129.20M | $157.20M | $173.03M | $206.90M | $169.69M | $174.76M | $165.97M | $181.62M | $201.63M |
| Cash at Beginning of Period | $129.20M | $157.20M | $173.00M | $206.90M | $169.69M | $174.76M | $165.97M | $181.62M | $201.63M | $191.20M |
| Operating Cash Flow | $287.70M | $264.70M | $275.20M | $256.50M | $345.74M | $198.32M | $220.53M | $165.84M | $198.67M | $270.87M |
| Capital Expenditure | $-132.00M | $-66.20M | $-66.60M | $-97.83M | $-114.05M | $-425.58M | $-305.88M | $-29.47M | $-31.23M | $-147.04M |
| Free Cash Flow | $155.70M | $198.50M | $208.60M | $158.67M | $231.70M | $-227.26M | $-85.35M | $136.37M | $167.44M | $123.82M |