NOL Profitability Analysis: Past Growth, Margins, Return on Capital, Free Cash Flow, and more - Northern Ocean Ltd - Alpha Spread

Northern Ocean Ltd
OSE:NOL

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Northern Ocean Ltd
OSE:NOL
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Price: 6.25 NOK -6.72% Market Closed
Market Cap: 1.9B NOK
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Profitability Summary

We take all the information about a company's profitability (such as its margins, capital efficiency, free cash flow generating ability, and more) and consolidate it into one single number - the profitability score. The higher the profitability score, the more profitable the company is.

Past Growth

To be successful and remain in business, both growth and profitability are important and necessary. Net Income growth is often seen as a sign of a company's efficiency from an operational standpoint, but is influenced heavily by a company's goals and challenges and should therefore be assessed in conjunction with other metrics like revenue and operating income growth.

Margins

Profit margins represent what percentage of sales has turned into profits. Simply put, the percentage figure indicates how many cents of profit the company has generated for each dollar of sale.

Profit margins help investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Earnings Waterfall
Northern Ocean Ltd

Revenue
289.8m USD
Cost of Revenue
-230.6m USD
Gross Profit
59.2m USD
Operating Expenses
-72.5m USD
Operating Income
-13.3m USD
Other Expenses
-50.4m USD
Net Income
-63.7m USD

Margins Comparison
Northern Ocean Ltd Competitors

Country Company Market Cap Gross
Margin
Operating
Margin
Net
Margin
BM
Northern Ocean Ltd
OSE:NOL
1.9B NOK
20%
-5%
-22%
SA
ADES Holding Company SJSC
SAU:2382
21.7B SAR
39%
28%
12%
CN
China Oilfield Services Ltd
SSE:601808
39.4B CNY
16%
12%
7%
US
Noble Corporation PLC
CSE:NOBLE
35.2B DKK
43%
25%
22%
US
Noble Corp (Cayman Island)
NYSE:NE
5.2B USD
43%
25%
22%
BM
Valaris Ltd
NYSE:VAL
4.1B USD
0%
9%
49%
CH
Transocean Ltd
NYSE:RIG
4B USD
30%
-1%
-11%
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
3.3B USD
29%
7%
2%
US
Helmerich and Payne Inc
NYSE:HP
3.2B USD
40%
15%
13%
SA
Arabian Drilling Co
SAU:2381
10.8B SAR
25%
19%
13%
BM
Seadrill Ltd
NYSE:SDRL
2.8B USD
37%
22%
30%
Country BM
Market Cap 1.9B NOK
Gross Margin
20%
Operating Margin
-5%
Net Margin
-22%
Country SA
Market Cap 21.7B SAR
Gross Margin
39%
Operating Margin
28%
Net Margin
12%
Country CN
Market Cap 39.4B CNY
Gross Margin
16%
Operating Margin
12%
Net Margin
7%
Country US
Market Cap 35.2B DKK
Gross Margin
43%
Operating Margin
25%
Net Margin
22%
Country US
Market Cap 5.2B USD
Gross Margin
43%
Operating Margin
25%
Net Margin
22%
Country BM
Market Cap 4.1B USD
Gross Margin
0%
Operating Margin
9%
Net Margin
49%
Country CH
Market Cap 4B USD
Gross Margin
30%
Operating Margin
-1%
Net Margin
-11%
Country US
Market Cap 3.3B USD
Gross Margin
29%
Operating Margin
7%
Net Margin
2%
Country US
Market Cap 3.2B USD
Gross Margin
40%
Operating Margin
15%
Net Margin
13%
Country SA
Market Cap 10.8B SAR
Gross Margin
25%
Operating Margin
19%
Net Margin
13%
Country BM
Market Cap 2.8B USD
Gross Margin
37%
Operating Margin
22%
Net Margin
30%

Return on Capital

Return on capital ratios give a sense of how well a company is using its capital (equity, assets, capital employed, etc.) to generate profits (operating income, net income, etc.). In simple words, these ratios show how much income is generated for each dollar of capital invested.

Return on Capital Comparison
Northern Ocean Ltd Competitors

Country Company Market Cap ROE ROA ROCE ROIC
BM
Northern Ocean Ltd
OSE:NOL
1.9B NOK
-14%
-6%
-2%
-1%
SA
ADES Holding Company SJSC
SAU:2382
21.7B SAR
15%
3%
10%
8%
CN
China Oilfield Services Ltd
SSE:601808
39.4B CNY
8%
4%
10%
7%
US
Noble Corporation PLC
CSE:NOBLE
35.2B DKK
16%
11%
14%
13%
US
Noble Corp (Cayman Island)
NYSE:NE
5.2B USD
16%
11%
14%
13%
BM
Valaris Ltd
NYSE:VAL
4.1B USD
60%
27%
6%
29%
CH
Transocean Ltd
NYSE:RIG
4B USD
-3%
-2%
0%
0%
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
3.3B USD
4%
2%
8%
5%
US
Helmerich and Payne Inc
NYSE:HP
3.2B USD
12%
8%
11%
8%
SA
Arabian Drilling Co
SAU:2381
10.8B SAR
8%
5%
8%
8%
BM
Seadrill Ltd
NYSE:SDRL
2.8B USD
16%
11%
9%
9%
Country BM
Market Cap 1.9B NOK
ROE
-14%
ROA
-6%
ROCE
-2%
ROIC
-1%
Country SA
Market Cap 21.7B SAR
ROE
15%
ROA
3%
ROCE
10%
ROIC
8%
Country CN
Market Cap 39.4B CNY
ROE
8%
ROA
4%
ROCE
10%
ROIC
7%
Country US
Market Cap 35.2B DKK
ROE
16%
ROA
11%
ROCE
14%
ROIC
13%
Country US
Market Cap 5.2B USD
ROE
16%
ROA
11%
ROCE
14%
ROIC
13%
Country BM
Market Cap 4.1B USD
ROE
60%
ROA
27%
ROCE
6%
ROIC
29%
Country CH
Market Cap 4B USD
ROE
-3%
ROA
-2%
ROCE
0%
ROIC
0%
Country US
Market Cap 3.3B USD
ROE
4%
ROA
2%
ROCE
8%
ROIC
5%
Country US
Market Cap 3.2B USD
ROE
12%
ROA
8%
ROCE
11%
ROIC
8%
Country SA
Market Cap 10.8B SAR
ROE
8%
ROA
5%
ROCE
8%
ROIC
8%
Country BM
Market Cap 2.8B USD
ROE
16%
ROA
11%
ROCE
9%
ROIC
9%

Free Cash Flow

Free cash flow (FCF) is the money a company has left over after paying its operating expenses and capital expenditures. The more free cash flow a company has, the more it can allocate to dividends, paying down debt, and growth opportunities.

If a company has a decreasing free cash flow, that is not necessarily bad if the company is investing in its growth.

See Also

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