Dolphin Drilling ASA Financials

We urge to utilize Dolphin Drilling ASA fundamental analysis to find out if markets are presently mispricing the company. Put another way you can exercise it to find out if Dolphin Drilling ASA is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to analyze twenty-eight available fundamental indicators for Dolphin Drilling ASA, which can be compared to its peers.
  
Understanding current and past Dolphin Drilling Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Dolphin Drilling's financial statements are interrelated, with each one affecting the others. For example, an increase in Dolphin Drilling's assets may result in an increase in income on the income statement.
The data published in Dolphin Drilling's official financial statements usually reflect Dolphin Drilling's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Dolphin Drilling ASA. For example, before you start analyzing numbers published by Dolphin accountants, it's critical to develop an understanding of what Dolphin Drilling's liquidity, profitability, and earnings quality are in the context of the Energy space in which it operates.
Please note, the presentation of Dolphin Drilling's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Dolphin Drilling's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Dolphin Drilling's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Dolphin Drilling ASA. Please utilize our Beneish M Score to check the likelihood of Dolphin Drilling's management manipulating its earnings.

Dolphin Drilling Stock Summary

Dolphin Drilling competes with LGI Homes, Transocean, Diamond Estates, United Homes, and Brandywine Realty. Dolphin Drilling ASA, together with its subsidiaries, provides exploration and development services to the oil and gas industry in Europe, Asia, the Americas, and Africa. Dolphin Drilling ASA was founded in 1965 and is headquartered in Oslo, Norway. Dolphin Drilling is traded on OTC Exchange in the United States.
InstrumentUSA Pink Sheet View All
ExchangePINK Exchange
Business AddressFred Olsens Gate
SectorEnergy
IndustryOil & Gas Drilling
BenchmarkNYSE Composite
Websitedolphindrilling.no
Phone47 22 34 10 00
CurrencyUSD - US Dollar
You should never invest in Dolphin Drilling without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Dolphin Pink Sheet, because this is throwing your money away. Analyzing the key information contained in Dolphin Drilling's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Dolphin Drilling Key Financial Ratios

Generally speaking, Dolphin Drilling's financial ratios allow both analysts and investors to convert raw data from Dolphin Drilling's financial statements into concise, actionable information that can be used to evaluate the performance of Dolphin Drilling over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Dolphin Drilling ASA reports annually and quarterly.

Dolphin Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Dolphin Drilling's current stock value. Our valuation model uses many indicators to compare Dolphin Drilling value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dolphin Drilling competition to find correlations between indicators driving Dolphin Drilling's intrinsic value. More Info.
Dolphin Drilling ASA is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Dolphin Drilling by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dolphin Drilling's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Dolphin Drilling's earnings, one of the primary drivers of an investment's value.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Dolphin Drilling ASA information on this page should be used as a complementary analysis to other Dolphin Drilling's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in Dolphin Pink Sheet

If you are still planning to invest in Dolphin Drilling ASA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Dolphin Drilling's history and understand the potential risks before investing.
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