RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Northern Drilling Stock

Northern Drilling ROCE 2024

Northern Drilling ROCE

-0.03

Ticker

NODL.OL

ISIN

BMG6624L1090

WKN

A2DQJZ

In 2024, Northern Drilling's return on capital employed (ROCE) was -0.03, a 27.32% increase from the -0.02 ROCE in the previous year.

Northern Drilling Aktienanalyse

What does Northern Drilling do?

Northern Drilling Ltd is a publicly traded company specializing in providing state-of-the-art drilling rigs for oil and gas companies. The company was founded in 2016 by John Fredriksen, a Norwegian billionaire and investor, who is also involved in other industries such as shipping and fishing. The business model of Northern Drilling is centered around offering its customers the best available drilling rigs to make their operations more efficient and cost-effective. The company currently operates multiple drilling rigs worldwide, including the West Mira, an ultra-deepwater drilling platform used for oil and gas exploration in Norway and the North Sea. One of the main divisions of Northern Drilling is the rental of drilling rigs to oil and gas companies. The company currently owns and operates a fleet of four drilling rigs, including the West Mira, which was commissioned in the second quarter of 2019. These drilling rigs are equipped with state-of-the-art technology and equipment, providing high profitability and operational efficiency for customers in search of natural resources. In addition, Northern Drilling also serves as a contractor for various oil and gas companies. The company offers comprehensive consulting and management services to assist customers in the planning, development, and execution of drilling projects. Northern Drilling has excellent expertise in all stages of the drilling process, from identifying suitable locations and obtaining drilling permits to delivering resources. Another area in which Northern Drilling operates is research and development of new technologies for the drilling process. The company invests significant resources in developing new and innovative technologies that can significantly improve the efficiency and results of the drilling operation. This includes automated systems for controlling the drilling rigs and advanced measurement methods for exploring new resource deposits. Overall, Northern Drilling is a company with a strong culture of innovation and a clear focus on partnerships to complement its offerings for customers. The company is constantly seeking new partners, technologies, and business models to harness the full power of drilling technology and create a more sustainable energy future for all. Northern Drilling ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Northern Drilling's Return on Capital Employed (ROCE)

Northern Drilling's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Northern Drilling's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Northern Drilling's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Northern Drilling’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Northern Drilling stock

What is the ROCE (Return on Capital Employed) of Northern Drilling this year?

The ROCE of Northern Drilling is -0.03 undefined this year.

How has the ROCE (Return on Capital Employed) of Northern Drilling developed compared to the previous year?

The ROCE of Northern Drilling has increased by 27.32% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Northern Drilling?

A high Return on Capital Employed (ROCE) indicates that Northern Drilling has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Northern Drilling?

A low ROCE (Return on Capital Employed) can indicate that Northern Drilling has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Northern Drilling impact the company?

An increase in the ROCE of Northern Drilling can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Northern Drilling affect the company?

A decrease in ROCE of Northern Drilling can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Northern Drilling?

Some factors that can affect Northern Drilling's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Northern Drilling so important for investors?

The ROCE of Northern Drilling is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Northern Drilling take to improve the ROCE?

To improve the ROCE, Northern Drilling can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Northern Drilling pay?

Over the past 12 months, Northern Drilling paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Northern Drilling is expected to pay a dividend of 0 USD.

What is the dividend yield of Northern Drilling?

The current dividend yield of Northern Drilling is .

When does Northern Drilling pay dividends?

Northern Drilling pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Northern Drilling?

Northern Drilling paid dividends every year for the past 0 years.

What is the dividend of Northern Drilling?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Northern Drilling located?

Northern Drilling is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Northern Drilling kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Northern Drilling from 11/3/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/3/2024.

When did Northern Drilling pay the last dividend?

The last dividend was paid out on 11/3/2024.

What was the dividend of Northern Drilling in the year 2023?

In the year 2023, Northern Drilling distributed 0 USD as dividends.

In which currency does Northern Drilling pay out the dividend?

The dividends of Northern Drilling are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Northern Drilling

Our stock analysis for Northern Drilling Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Northern Drilling Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.