Odfjell Drilling Stock Cash And Equivalents
0QHX Stock | 51.08 0.12 0.23% |
Odfjell Drilling fundamentals help investors to digest information that contributes to Odfjell Drilling's financial success or failures. It also enables traders to predict the movement of Odfjell Stock. The fundamental analysis module provides a way to measure Odfjell Drilling's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Odfjell Drilling stock.
Odfjell | Cash And Equivalents |
Odfjell Drilling Company Cash And Equivalents Analysis
Odfjell Drilling's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition |
In accordance with the recently published financial statements, Odfjell Drilling has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Commercial Services & Supplies sector and about the same as Industrials (which currently averages 0.0) industry. The cash and equivalents for all United Kingdom stocks is 100.0% higher than that of the company.
Odfjell Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Odfjell Drilling's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Odfjell Drilling could also be used in its relative valuation, which is a method of valuing Odfjell Drilling by comparing valuation metrics of similar companies.Odfjell Drilling is currently under evaluation in cash and equivalents category among its peers.
Odfjell Fundamentals
Return On Equity | 0.0527 | |||
Return On Asset | -0.0033 | |||
Profit Margin | 0.1 % | |||
Operating Margin | 0.20 % | |||
Current Valuation | 12.86 B | |||
Shares Owned By Insiders | 61.52 % | |||
Shares Owned By Institutions | 10.85 % | |||
Revenue | 763.8 M | |||
Gross Profit | 649.5 M | |||
EBITDA | 138.1 M | |||
Net Income | 222.1 M | |||
Book Value Per Share | 5.87 X | |||
Cash Flow From Operations | 275.2 M | |||
Number Of Employees | 1.56 K | |||
Beta | 1.47 | |||
Market Capitalization | 5.32 B | |||
Retained Earnings | 919.7 M | |||
Last Dividend Paid | 0.24 |
About Odfjell Drilling Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Odfjell Drilling's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Odfjell Drilling using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Odfjell Drilling based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Odfjell Stock Analysis
When running Odfjell Drilling's price analysis, check to measure Odfjell Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Odfjell Drilling is operating at the current time. Most of Odfjell Drilling's value examination focuses on studying past and present price action to predict the probability of Odfjell Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Odfjell Drilling's price. Additionally, you may evaluate how the addition of Odfjell Drilling to your portfolios can decrease your overall portfolio volatility.