Odfjell Drilling Ltd. (OSL:ODL)

Odfjell Drilling Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	96.8	118.1	129.2	157.2	173	206.9
Short-Term Investments	-	-	1.6	-	-	-
Cash & Short-Term Investments	96.8	118.1	130.8	157.2	173	206.9
Cash Growth	-18.24%	-9.71%	-16.79%	-9.13%	-16.38%	21.92%
Accounts Receivable	112.3	114.4	108.4	99.6	164.7	171.79
Other Receivables	-	1.3	4	2.9	10.8	7.45
Receivables	112.3	115.7	112.4	102.5	175.5	179.24
Inventory	-	-	-	-	2.5	2.07
Prepaid Expenses	-	10.6	8	4.3	9.3	10.66
Other Current Assets	30.8	1.7	3	6.1	8	5.73
Total Current Assets	239.9	246.1	254.2	270.1	368.3	404.58
Property, Plant & Equipment	1,916	1,932	2,013	1,938	2,109	2,203
Long-Term Investments	-	0.2	-	7.5	5.5	-
Goodwill	2.9	2.6	2.9	3	18.4	19.74
Other Intangible Assets	0.2	-	0.1	0.4	10.1	9.15
Long-Term Deferred Tax Assets	0.4	6.7	8.5	0.4	1.3	1.04
Other Long-Term Assets	30.9	27	30.1	-	2.7	2.59
Total Assets	2,190	2,215	2,309	2,219	2,515	2,640
Accounts Payable	32.6	35.5	48.9	35.8	43.2	52.67
Accrued Expenses	-	47	51.7	36.3	79.2	85.01
Current Portion of Long-Term Debt	88.6	95	149.6	313.5	161.1	515.8
Current Portion of Leases	16.3	15.7	24.9	26.5	7.8	7.63
Current Income Taxes Payable	-	10.1	8.6	5.8	2.7	0.37
Current Unearned Revenue	-	44.1	22.1	13.7	21.8	14
Other Current Liabilities	126.8	8.7	6.7	5.1	2	6.59
Total Current Liabilities	264.3	256.1	312.5	436.7	317.8	682.06
Long-Term Debt	467.7	527.5	563.1	529	878.4	707.17
Long-Term Leases	24.4	27.6	38.4	41.7	38.3	36.92
Long-Term Unearned Revenue	-	-	-	-	5.6	3.69
Pension & Post-Retirement Benefits	-	0.5	0.7	0.6	6	6.9
Long-Term Deferred Tax Liabilities	1.9	-	-	-	-	-
Other Long-Term Liabilities	0.1	0.1	0.1	2.8	0.9	5.25
Total Liabilities	758.4	811.8	914.8	1,011	1,247	1,442
Common Stock	2.4	386.2	370.2	2.5	2.4	2.37
Additional Paid-In Capital	383.8	-	-	367.9	562.5	562.43
Retained Earnings	-	1,121	1,113	919.7	812.7	742.94
Treasury Stock	-	-	-	-0.2	-	-
Comprehensive Income & Other	1,046	-103.7	-89.3	-81.4	-109.5	-110.03
Total Common Equity	1,432	1,403	1,394	1,209	1,268	1,198
Minority Interest	-	-	-	-	-	0.64
Shareholders' Equity	1,432	1,403	1,394	1,209	1,268	1,199
Total Liabilities & Equity	2,190	2,215	2,309	2,219	2,515	2,640
Total Debt	597	665.8	776	910.7	1,086	1,268
Net Cash (Debt)	-500.2	-547.7	-645.2	-753.5	-912.6	-1,061
Net Cash Per Share	-2.08	-2.29	-2.72	-3.18	-3.85	-4.48
Filing Date Shares Outstanding	239.81	239.81	236.78	236.78	236.78	236.78
Total Common Shares Outstanding	239.81	239.81	236.78	236.78	236.78	236.78
Working Capital	-24.4	-10	-58.3	-166.6	50.5	-277.48
Book Value Per Share	5.97	5.85	5.89	5.10	5.36	5.06
Tangible Book Value	1,429	1,401	1,391	1,205	1,240	1,169
Tangible Book Value Per Share	5.96	5.84	5.87	5.09	5.24	4.94
Machinery	-	3,024	3,006	2,979	3,353	3,308
Order Backlog	-	2,000	2,100	1,900	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.