This company is no longer active
Drilling Company of 1972 Balance Sheet Health
Financial Health criteria checks 3/6
Key information
34.60%
Debt to equity ratio
US$749.00m
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$214.00m |
| Equity | US$2.17b |
| Total liabilities | US$1.09b |
| Total assets | US$3.26b |
Recent financial health updates
These 4 Measures Indicate That Drilling Company of 1972 (CPH:DRLCO) Is Using Debt Extensively
Apr 30
Is Drilling Company of 1972 (CPH:DRLCO) Using Debt In A Risky Way?
Dec 28Recent updates
The Drilling Company of 1972 A/S' (CPH:DRLCO) Intrinsic Value Is Potentially 88% Above Its Share Price
Dec 04Here's What's Concerning About Drilling Company of 1972's (CPH:DRLCO) Returns On Capital
Sep 20An Intrinsic Calculation For The Drilling Company of 1972 A/S (CPH:DRLCO) Suggests It's 49% Undervalued
Aug 04Capital Allocation Trends At Drilling Company of 1972 (CPH:DRLCO) Aren't Ideal
Jun 11These 4 Measures Indicate That Drilling Company of 1972 (CPH:DRLCO) Is Using Debt Extensively
Apr 30The Drilling Company of 1972 A/S (CPH:DRLCO) Shares Could Be 34% Below Their Intrinsic Value Estimate
Mar 09Is Drilling Company of 1972 (CPH:DRLCO) Headed For Trouble?
Feb 14
Is Drilling Company of 1972 (CPH:DRLCO) Using Debt In A Risky Way?
Dec 28Calculating The Intrinsic Value Of The Drilling Company of 1972 A/S (CPH:DRLCO)
Nov 30Financial Position Analysis
Short Term Liabilities: DRLCO's short term assets ($569.0M) exceed its short term liabilities ($424.0M).
Long Term Liabilities: DRLCO's short term assets ($569.0M) do not cover its long term liabilities ($668.0M).
Debt to Equity History and Analysis
Debt Level: DRLCO's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: DRLCO's debt to equity ratio has increased from 23.9% to 34.6% over the past 5 years.
Debt Coverage: DRLCO's debt is well covered by operating cash flow (35%).
Interest Coverage: DRLCO's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/10/04 18:09 |
| End of Day Share Price | 2022/10/03 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The Drilling Company of 1972 A/S is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Evans | BNP Paribas Exane |
| Daniel Thomson | BNP Paribas Exane |
| Dan Jensen | Carnegie Investment Bank AB |