Northern Ocean Ltd. (NTNOF)
0.7928
0.00 (0.00%)
USD |
OTCM |
Aug 24, 16:00
Northern Ocean Debt to Equity Ratio : 0.3125 for March 31, 2026
Debt to Equity Ratio Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2026 | 0.3125 |
| December 31, 2025 | 0.2899 |
| September 30, 2025 | 1.369 |
| June 30, 2025 | 1.305 |
| March 31, 2025 | 1.24 |
| December 31, 2024 | 1.190 |
| September 30, 2024 | 1.118 |
| June 30, 2024 | 1.036 |
| March 31, 2024 | 1.272 |
| December 31, 2023 | 1.24 |
| September 30, 2023 | 1.182 |
| June 30, 2023 | 1.131 |
| March 31, 2023 | 0.9843 |
| December 31, 2022 | 0.9502 |
| Date | Value |
|---|---|
| September 30, 2022 | 0.9886 |
| June 30, 2022 | 1.010 |
| March 31, 2022 | 0.9505 |
| December 31, 2021 | 0.9473 |
| September 30, 2021 | 1.056 |
| June 30, 2021 | 0.9958 |
| March 31, 2021 | 0.9443 |
| December 31, 2020 | 0.9221 |
| September 30, 2020 | 0.9272 |
| June 30, 2020 | 0.9309 |
| March 31, 2020 | 0.9388 |
| December 31, 2019 | 0.8387 |
| September 30, 2019 | -195.53 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
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Debt to Equity Ratio Benchmarks
| Nabors Industries Ltd. | 3.912 |
| Borr Drilling Ltd. | 2.584 |
| Vantage Drilling International Ltd. | 0.0006 |
| Valaris Ltd. | 0.3619 |
| Seadrill Ltd. | 0.2633 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 471.86M |
| Total Liabilities (Quarterly) | 151.82M |
| Shareholders Equity (Quarterly) | 320.03M |
| Current Ratio | 0.2481 |
| Net Debt Paydown Yield | 47.37% |