Odfjell Drilling Stock Net Income

0QHX Stock   49.08  1.38  2.89%   
Odfjell Drilling fundamentals help investors to digest information that contributes to Odfjell Drilling's financial success or failures. It also enables traders to predict the movement of Odfjell Stock. The fundamental analysis module provides a way to measure Odfjell Drilling's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Odfjell Drilling stock.
Last ReportedProjected for Next Year
Net Income Applicable To Common Shares139.5 M146.5 M
Net Income222.1 M233.2 M
Net Income Applicable To Common Shares is likely to gain to about 146.5 M in 2024. Net Income is likely to gain to about 233.2 M in 2024.
  
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Odfjell Drilling Company Net Income Analysis

Odfjell Drilling's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Odfjell Drilling Net Income

    
  222.1 M  
Most of Odfjell Drilling's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Odfjell Drilling is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Odfjell Interest Income

Interest Income

76.75 Million

At this time, Odfjell Drilling's Interest Income is comparatively stable compared to the past year.
Based on the recorded statements, Odfjell Drilling reported net income of 222.1 M. This is 14.39% lower than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The net income for all United Kingdom stocks is 61.1% higher than that of the company.

Odfjell Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Odfjell Drilling's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Odfjell Drilling could also be used in its relative valuation, which is a method of valuing Odfjell Drilling by comparing valuation metrics of similar companies.
Odfjell Drilling is currently under evaluation in net income category among its peers.

Odfjell Fundamentals

About Odfjell Drilling Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Odfjell Drilling's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Odfjell Drilling using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Odfjell Drilling based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Odfjell Stock Analysis

When running Odfjell Drilling's price analysis, check to measure Odfjell Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Odfjell Drilling is operating at the current time. Most of Odfjell Drilling's value examination focuses on studying past and present price action to predict the probability of Odfjell Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Odfjell Drilling's price. Additionally, you may evaluate how the addition of Odfjell Drilling to your portfolios can decrease your overall portfolio volatility.