Odfjell Drilling Ltd. (OSL: ODL)

Odfjell Drilling Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	111.1	129.2	157.2	173	206.9	169.69
Short-Term Investments	-	1.6	-	-	-	-
Cash & Short-Term Investments	111.1	130.8	157.2	173	206.9	169.69
Cash Growth	-7.95%	-16.79%	-9.13%	-16.38%	21.92%	-2.90%
Accounts Receivable	103.5	108.4	99.6	164.7	171.79	183.55
Other Receivables	-	4	2.9	10.8	7.45	4.61
Receivables	103.5	112.4	102.5	175.5	179.24	188.16
Inventory	-	-	-	2.5	2.07	1.87
Prepaid Expenses	-	8	4.3	9.3	10.66	9.04
Other Current Assets	14.2	3	6.1	8	5.73	4.58
Total Current Assets	228.8	254.2	270.1	368.3	404.58	373.35
Property, Plant & Equipment	1,959	2,013	1,938	2,109	2,203	2,281
Long-Term Investments	0.1	-	7.5	5.5	-	1.61
Goodwill	2.7	2.9	3	18.4	19.74	18.44
Other Intangible Assets	-	0.1	0.4	10.1	9.15	11.24
Long-Term Deferred Tax Assets	7.2	8.5	0.4	1.3	1.04	0.78
Other Long-Term Assets	28.8	30.1	-	2.7	2.59	0.12
Total Assets	2,227	2,309	2,219	2,515	2,640	2,686
Accounts Payable	32.2	48.9	35.8	43.2	52.67	46.17
Accrued Expenses	-	51.7	36.3	79.2	85.01	69.37
Current Portion of Long-Term Debt	95.7	149.6	313.5	161.1	515.8	216.58
Current Portion of Leases	18.9	24.9	26.5	7.8	7.63	7.76
Current Income Taxes Payable	-	8.6	5.8	2.7	0.37	0.59
Current Unearned Revenue	27.9	22.1	13.7	21.8	14	39.27
Other Current Liabilities	53.1	6.7	5.1	2	6.59	12.56
Total Current Liabilities	227.8	312.5	436.7	317.8	682.06	392.29
Long-Term Debt	559.1	563.1	529	878.4	707.17	1,174
Long-Term Leases	33	38.4	41.7	38.3	36.92	38.9
Long-Term Unearned Revenue	-	-	-	5.6	3.69	1.56
Other Long-Term Liabilities	0.8	0.1	2.8	0.9	5.25	9.11
Total Liabilities	820.7	914.8	1,011	1,247	1,442	1,624
Common Stock	2.4	2.4	2.5	2.4	2.37	2.37
Additional Paid-In Capital	383.8	367.8	367.9	562.5	562.43	562.43
Retained Earnings	-	1,113	919.7	812.7	742.94	605.46
Treasury Stock	-	-	-0.2	-	-	-
Comprensive Income & Other	1,020	-89.3	-81.4	-109.5	-110.03	-108.04
Total Common Equity	1,406	1,394	1,209	1,268	1,198	1,062
Minority Interest	-	-	-	-	0.64	-
Shareholders' Equity	1,406	1,394	1,209	1,268	1,199	1,062
Total Liabilities & Equity	2,227	2,309	2,219	2,515	2,640	2,686
Total Debt	706.7	776	910.7	1,086	1,268	1,438
Net Cash (Debt)	-595.6	-645.2	-753.5	-912.6	-1,061	-1,268
Net Cash Per Share	-2.51	-2.72	-3.18	-3.85	-4.48	-5.36
Filing Date Shares Outstanding	239.81	236.78	236.78	236.78	236.78	236.78
Total Common Shares Outstanding	239.81	236.78	236.78	236.78	236.78	236.78
Working Capital	1	-58.3	-166.6	50.5	-277.48	-18.94
Book Value Per Share	5.86	5.89	5.10	5.36	5.06	4.49
Tangible Book Value	1,403	1,391	1,205	1,240	1,169	1,033
Tangible Book Value Per Share	5.85	5.87	5.09	5.24	4.94	4.36
Machinery	-	3,006	2,979	3,353	3,308	3,491
Order Backlog	-	2,100	1,900	-	-	-

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