Northern Ocean Ltd. (OSL:NOL)

Northern Ocean Statistics

Total Valuation

Northern Ocean has a market cap or net worth of NOK 1.91 billion. The enterprise value is 7.17 billion.

Market Cap	1.91B
Enterprise Value	7.17B

Important Dates

The last earnings date was Friday, August 29, 2025.

Earnings Date	Aug 29, 2025
Ex-Dividend Date	n/a

Share Statistics

Northern Ocean has 303.22 million shares outstanding. The number of shares has increased by 72.57% in one year.

Current Share Class	303.22M
Shares Outstanding	303.22M
Shares Change (YoY)	+72.57%
Shares Change (QoQ)	n/a
Owned by Insiders (%)	0.51%
Owned by Institutions (%)	3.62%
Float	72.41M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.92
PB Ratio	0.45
P/TBV Ratio	0.45
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 19.80, with an EV/FCF ratio of -8.70.

EV / Earnings	-9.32
EV / Sales	3.45
EV / EBITDA	19.80
EV / EBIT	n/a
EV / FCF	-8.70

Financial Position

The company has a current ratio of 0.27, with a Debt / Equity ratio of 1.31.

Current Ratio	0.27
Quick Ratio	0.21
Debt / Equity	1.31
Debt / EBITDA	15.31
Debt / FCF	-6.73
Interest Coverage	-0.29

Financial Efficiency

Return on equity (ROE) is -16.61% and return on invested capital (ROIC) is -1.14%.

Return on Equity (ROE)	-16.61%
Return on Assets (ROA)	-1.06%
Return on Invested Capital (ROIC)	-1.14%
Return on Capital Employed (ROCE)	-2.63%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	10
Asset Turnover	0.19
Inventory Turnover	n/a

Taxes

In the past 12 months, Northern Ocean has paid 20.82 million in taxes.

Income Tax	20.82M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -3.85% in the last 52 weeks. The beta is 1.24, so Northern Ocean's price volatility has been higher than the market average.

Beta (5Y)	1.24
52-Week Price Change	-3.85%
50-Day Moving Average	6.22
200-Day Moving Average	6.76
Relative Strength Index (RSI)	48.67
Average Volume (20 Days)	135,479

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Northern Ocean had revenue of NOK 2.08 billion and -769.02 million in losses. Loss per share was -2.33.

Revenue	2.08B
Gross Profit	438.38M
Operating Income	-182.09M
Pretax Income	-748.20M
Net Income	-769.02M
EBITDA	362.20M
EBIT	-182.09M
Loss Per Share	-2.33

Balance Sheet

The company has 284.78 million in cash and 5.54 billion in debt, giving a net cash position of -5.26 billion or -17.35 per share.

Cash & Cash Equivalents	284.78M
Total Debt	5.54B
Net Cash	-5.26B
Net Cash Per Share	-17.35
Equity (Book Value)	4.25B
Book Value Per Share	14.01
Working Capital	-2.84B

Cash Flow

In the last 12 months, operating cash flow was -134.81 million and capital expenditures -689.21 million, giving a free cash flow of -824.02 million.

Operating Cash Flow	-134.81M
Capital Expenditures	-689.21M
Free Cash Flow	-824.02M
FCF Per Share	-2.72

Margins

Gross margin is 21.11%, with operating and profit margins of -8.77% and -37.03%.

Gross Margin	21.11%
Operating Margin	-8.77%
Pretax Margin	-36.02%
Profit Margin	-37.03%
EBITDA Margin	17.44%
EBIT Margin	-8.77%
FCF Margin	n/a

Dividends & Yields

Northern Ocean does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-72.57%
Shareholder Yield	n/a
Earnings Yield	-40.26%
FCF Yield	-43.14%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Northern Ocean has an Altman Z-Score of -0.41 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-0.41
Piotroski F-Score	3