DNO ASA

OB:DNO Stock Report

Market Cap: NOK 10.2b

DNO Balance Sheet Health

Financial Health criteria checks 5/6

DNO has a total shareholder equity of $1.2B and total debt of $774.6M, which brings its debt-to-equity ratio to 63.4%. Its total assets and total liabilities are $3.1B and $1.8B respectively. DNO's EBIT is $149.5M making its interest coverage ratio -4. It has cash and short-term investments of $919.4M.

Key information

63.4%

Debt to equity ratio

US$774.60m

Debt

Interest coverage ratio-4x
CashUS$919.40m
EquityUS$1.22b
Total liabilitiesUS$1.83b
Total assetsUS$3.05b

Recent financial health updates

DNO (OB:DNO) Takes On Some Risk With Its Use Of Debt

Jan 21
DNO (OB:DNO) Takes On Some Risk With Its Use Of Debt

DNO (OB:DNO) Seems To Use Debt Quite Sensibly

Jun 06
DNO (OB:DNO) Seems To Use Debt Quite Sensibly

DNO (OB:DNO) Could Easily Take On More Debt

Jan 31
DNO (OB:DNO) Could Easily Take On More Debt

Recent updates

DNO (OB:DNO) Could Be Struggling To Allocate Capital

Oct 09
DNO (OB:DNO) Could Be Struggling To Allocate Capital

What You Can Learn From DNO ASA's (OB:DNO) P/S

Sep 16
What You Can Learn From DNO ASA's (OB:DNO) P/S

We Think You Can Look Beyond DNO's (OB:DNO) Lackluster Earnings

Aug 23
We Think You Can Look Beyond DNO's (OB:DNO) Lackluster Earnings

DNO (OB:DNO) Is Increasing Its Dividend To $0.3125

Aug 19
DNO (OB:DNO) Is Increasing Its Dividend To $0.3125

It's A Story Of Risk Vs Reward With DNO ASA (OB:DNO)

Mar 08
It's A Story Of Risk Vs Reward With DNO ASA (OB:DNO)

DNO ASA (OB:DNO) Analysts Are More Bearish Than They Used To Be

Feb 13
DNO ASA (OB:DNO) Analysts Are More Bearish Than They Used To Be

DNO (OB:DNO) Takes On Some Risk With Its Use Of Debt

Jan 21
DNO (OB:DNO) Takes On Some Risk With Its Use Of Debt

Here's Why DNO (OB:DNO) Has Caught The Eye Of Investors

Aug 09
Here's Why DNO (OB:DNO) Has Caught The Eye Of Investors

Some Investors May Be Worried About DNO's (OB:DNO) Returns On Capital

Jul 12
Some Investors May Be Worried About DNO's (OB:DNO) Returns On Capital

An Intrinsic Calculation For DNO ASA (OB:DNO) Suggests It's 47% Undervalued

Jun 24
An Intrinsic Calculation For DNO ASA (OB:DNO) Suggests It's 47% Undervalued

DNO (OB:DNO) Seems To Use Debt Quite Sensibly

Jun 06
DNO (OB:DNO) Seems To Use Debt Quite Sensibly

Growth Investors: Industry Analysts Just Upgraded Their DNO ASA (OB:DNO) Revenue Forecasts By 13%

May 16
Growth Investors: Industry Analysts Just Upgraded Their DNO ASA (OB:DNO) Revenue Forecasts By 13%

Some Investors May Be Worried About DNO's (OB:DNO) Returns On Capital

Mar 30
Some Investors May Be Worried About DNO's (OB:DNO) Returns On Capital

Does DNO (OB:DNO) Deserve A Spot On Your Watchlist?

Mar 15
Does DNO (OB:DNO) Deserve A Spot On Your Watchlist?

Estimating The Fair Value Of DNO ASA (OB:DNO)

Mar 02
Estimating The Fair Value Of DNO ASA (OB:DNO)

DNO (OB:DNO) Could Easily Take On More Debt

Jan 31
DNO (OB:DNO) Could Easily Take On More Debt

DNO (OB:DNO) Could Be Struggling To Allocate Capital

Dec 21
DNO (OB:DNO) Could Be Struggling To Allocate Capital

With EPS Growth And More, DNO (OB:DNO) Makes An Interesting Case

Nov 21
With EPS Growth And More, DNO (OB:DNO) Makes An Interesting Case

Financial Position Analysis

Short Term Liabilities: DNO's short term assets ($1.3B) exceed its short term liabilities ($339.5M).

Long Term Liabilities: DNO's short term assets ($1.3B) do not cover its long term liabilities ($1.5B).

Debt to Equity History and Analysis

Debt Level: DNO has more cash than its total debt.

Reducing Debt: DNO's debt to equity ratio has reduced from 92% to 63.4% over the past 5 years.

Debt Coverage: DNO's debt is well covered by operating cash flow (56.3%).

Interest Coverage: DNO earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 21:59
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

DNO ASA is covered by 33 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Trond OmdalArctic Securities ASA
Carl BachkeBeringer Finance AB
Rafal GutajBofA Global Research