NorAm Drilling AS (OSL:NORAM) Total Liabilities : kr192 Mil (As of Mar. 2024)

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What is NorAm Drilling AS Total Liabilities?

NorAm Drilling AS's Total Liabilities for the quarter that ended in Mar. 2024 was kr192 Mil.

NorAm Drilling AS's quarterly Total Liabilities increased from Sep. 2023 (kr193.46 Mil) to Dec. 2023 (kr269.80 Mil) but then declined from Dec. 2023 (kr269.80 Mil) to Mar. 2024 (kr191.96 Mil).

NorAm Drilling AS's annual Total Liabilities declined from Dec. 2021 (kr793.43 Mil) to Dec. 2022 (kr333.68 Mil) and declined from Dec. 2022 (kr333.68 Mil) to Dec. 2023 (kr269.80 Mil).

NorAm Drilling AS Total Liabilities Historical Data

The historical data trend for NorAm Drilling AS's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NorAm Drilling AS Total Liabilities Chart

NorAm Drilling AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

879.93

817.68

793.43

333.68

269.80

NorAm Drilling AS Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial								212.37	242.34	193.46	269.80	191.96

NorAm Drilling AS Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

NorAm Drilling AS's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	218.309	+	(0	+	51.492
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	270

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	1027.701	-	757.901
	=	270

NorAm Drilling AS's Total Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	140.154	+	(0	+	51.808
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	192

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	974.233	-	782.271
	=	192

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NorAm Drilling AS (OSL:NORAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NorAm Drilling AS (OSL:NORAM) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

TM9:Germany

Address

Bryggegata 3, P.O. Box 1327 - Vika, Oslo, NOR, 0112

Website

https://www.noramdrilling.com

NorAm Drilling AS owns and operates a quality rig portfolio of AC driven rigs tailored for the drilling of horizontal wells in the United States land drilling market. NorAm Drilling Company operates all eleven rigs and is financed through a combination of equity investments and intercompany loans, at arm's length terms, from its parent.

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