Northern Ocean Ltd.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Northern Ocean Ltd.'s balance sheet done over the years? Its assets were worth $1,055,780,000 last year, which is more than in the previous period. 59% of Northern Ocean Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $618,885,000, which means an increase by 13% compared compared to last year.
Debt to Assets
| 2019 | 1101157000 | 558.03M | 50.68% |
|---|---|---|---|
| 2020 | 1134625000 | 627.55M | 55.31% |
| 2021 | 977554000 | 481.92M | 49.3% |
| 2022 | 1053782000 | 546.98M | 51.91% |
| 2023 | 1055780000 | 618.88M | 58.62% |
NOL.OL Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 54.35M | 67.49M | 5.46M | 37.47M | 53.89M |
Short term investments | 35K | 0 | 0 | 0 | 0 |
Net receivables | 47.90M | 56.95M | 0 | 0 | 0 |
Inventory | 0 | 485K | 0 | 0 | 0 |
Other current assets | 29.89M | 9.86M | 2.45M | 689K | 316K |
Total current assets | 132.18M | 134.8M | 23.76M | 60.90M | 95.74M |
Non-current assets: | |||||
Property, Plant and Equipment | 923.59M | 917.71M | 953.75M | 1.07B | 1.00B |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | 1.27M | 0 | 0 | 0 |
Total non-current assets | 923.59M | 918.98M | 953.79M | 1.07B | 1.00B |
Total assets | 1.05B | 1.05B | 977.55M | 1.13B | 1.10B |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 |
Short term debt | 83.81M | 20.16M | 10M | 190M | 40M |
Total current liabilities | 158.22M | 79.35M | 19.45M | 344.76M | 127.34M |
| Non-current liabilities: | |||||
Long term debt | 457.94M | 461.39M | 459.53M | 277.55M | 415.49M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 460.66M | 467.62M | 462.46M | 282.78M | 430.68M |
Total liabilities | 618.88M | 546.98M | 481.92M | 627.55M | 558.03M |
| Data source | Data source | Data source | Data source | Data source |