Dolphin Drilling AS (OSL: DDRIL)

Dolphin Drilling AS Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2018	FY 2017
Period Ending	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2018	Dec 31, 2017
Cash & Equivalents	27.7	33.96	35.75	23.26	136.95	434.97
Cash & Short-Term Investments	27.7	33.96	35.75	23.26	136.95	434.97
Cash Growth	-79.77%	-5.01%	53.68%	-83.01%	-68.52%	49.80%
Accounts Receivable	7.4	11.01	1.07	30.23	12.59	14.41
Other Receivables	-	1.77	3.81	2.93	-	0.03
Receivables	7.4	12.78	4.87	33.16	12.59	14.44
Inventory	35.4	30.36	20.28	20	62.47	103.06
Prepaid Expenses	-	9.15	10.47	15.29	24.24	12.93
Other Current Assets	17.4	5.52	-	1.36	8	1
Total Current Assets	96.5	91.76	71.37	93.08	244.24	566.39
Property, Plant & Equipment	109.6	72.64	60.19	55.61	689.82	1,073
Other Intangible Assets	-	1.38	1.97	2.82	-	-
Long-Term Deferred Tax Assets	-	0.03	0.04	0.06	0.16	1.28
Long-Term Deferred Charges	-	-	-	-	10.8	-
Other Long-Term Assets	-	-	-	-	0.12	0.23
Total Assets	206.1	165.81	133.56	151.57	945.2	1,641
Accounts Payable	9.9	7.22	8.85	14.55	15.59	9.89
Accrued Expenses	18.2	19.62	21.56	22.89	28.43	91.55
Short-Term Debt	-	16.43	0.15	19.65	-	-
Current Portion of Long-Term Debt	15	-	-	-	748.57	190.91
Current Portion of Leases	-	0.44	0.54	0.42	-	-
Current Income Taxes Payable	-	2.48	1.68	1.84	0.59	8.42
Current Unearned Revenue	-	3	11.85	0.85	-	-
Other Current Liabilities	6.6	3.15	-	-	-	-
Total Current Liabilities	49.7	52.33	44.63	60.19	793.17	300.77
Long-Term Debt	65	-	-	68.06	-	687.09
Long-Term Leases	-	0.82	1.19	0.76	-	-
Other Long-Term Liabilities	3.7	-	-	-	-	-
Total Liabilities	118.4	56.44	49.14	132.87	876.59	1,048
Common Stock	87.7	28.69	124.74	0.02	193.29	193.29
Additional Paid-In Capital	-	179.17	18.21	239.46	83.55	83.55
Retained Earnings	-	-100.93	-56.78	-217.48	-208.05	315.44
Treasury Stock	-	-	-	-	-1.22	-1.22
Comprehensive Income & Other	-	2.43	-1.75	-3.29	1.03	2.25
Total Common Equity	87.7	109.37	84.42	18.7	68.61	593.31
Shareholders' Equity	87.7	109.37	84.42	18.7	68.61	593.31
Total Liabilities & Equity	206.1	165.81	133.56	151.57	945.2	1,641
Total Debt	80	17.69	1.88	88.89	748.57	878
Net Cash (Debt)	-52.3	16.27	33.87	-65.63	-611.62	-443.03
Net Cash Growth	-	-51.97%	-	-	-	-
Net Cash Per Share	-0.28	0.10	0.55	-27.04	-9.23	-6.69
Filing Date Shares Outstanding	210	219.89	124.32	2.43	66.26	66.26
Total Common Shares Outstanding	210	219.89	124.32	2.43	66.26	66.26
Working Capital	46.8	39.43	26.74	32.88	-548.93	265.63
Book Value Per Share	0.42	0.50	0.68	7.71	1.04	8.95
Tangible Book Value	87.7	107.99	82.44	15.88	68.61	593.31
Tangible Book Value Per Share	0.42	0.49	0.66	6.54	1.04	8.95
Machinery	-	173.92	165.39	153.23	2,742	3,676

Source: S&P Capital IQ. Standard template. Financial Sources.