Northern Drilling Liabilities 2024

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.

Liabilities Details

Assessing Northern Drilling's Liabilities

Northern Drilling's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Northern Drilling's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Northern Drilling's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Northern Drilling's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Northern Drilling’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Northern Drilling stock

What is the level of liabilities of Northern Drilling this year?

Northern Drilling has a debt balance of 1.07 M USD this year.

What were the liabilities of Northern Drilling compared to the previous year?

The liabilities of Northern Drilling have increased by 11.76% increased compared to the previous year.

What are the consequences of high debt for investors of Northern Drilling?

High liabilities can pose a risk for investors of Northern Drilling, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Northern Drilling?

Low liabilities mean that Northern Drilling has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Northern Drilling affect the company?

An increase in liabilities of Northern Drilling can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

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

A decrease in the liabilities of Northern Drilling can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Northern Drilling?

Some factors that can influence the liabilities of Northern Drilling include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Northern Drilling so important for investors?

The liabilities of Northern Drilling are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Northern Drilling take to modify the liabilities?

To change its liabilities, Northern Drilling can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

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 12/18/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/18/2024.

When did Northern Drilling pay the last dividend?

The last dividend was paid out on 12/18/2024.

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.