Solstad Offshore ASA

Solstad Offshore ASA's next confirmed earnings release is scheduled for November 4, 2026.

As of June 30, 2024, Solstad Offshore ASA has 108.60M shares outstanding.

As of June 30, 2024, Solstad Offshore ASA maintains a current ratio of 1.05, meaning it holds 1.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 333.84, indicating elevated leverage, while an interest coverage ratio of 1.54 demonstrates limited ability to service its debt obligations.

Over the twelve months ended June 30, 2024, Solstad Offshore ASA posted a negative return on equity (ROE) of -95.99, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -9.71, reflecting losses generated across the asset base. The company generates approximately 95,275.55 in revenue per employee across its workforce of 2,443.00, a quick read on workforce productivity versus industry peers. Inventory turnover of -23.92 indicates how many times Solstad Offshore ASA sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2024, Solstad Offshore ASA recorded 415,417.27 in income tax expense. The company reported a pretax loss of -11.82M and -13.79M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

As of the close on October 22, 2026, Solstad Offshore ASA's stock has gained approximately 76.72% over the past 52 weeks. The 50-day moving average sits at 6.55, while the 200-day moving average is 5.73.

Over the twelve months ended June 30, 2024, Solstad Offshore ASA generated 232.76M in revenue and converted that into -13.79M in net income, yielding earnings per share of -0.14. EBITDA reached 89.72M, while operating income came in at 56.88M.

As of June 30, 2024, Solstad Offshore ASA holds 4.40M in cash and equivalents against 46.72M in total debt, resulting in a net debt position of 3.29M. Total book value stands at 13.67M, with working capital of 571,159.39 providing operational flexibility.

Solstad Offshore ASA produced 98.22M in operating cash flow over the twelve months ended June 30, 2024. After subtracting -5.33M in capital expenditures, free cash flow totaled 92.88M - equivalent to 1.06 per share.

Over the twelve months ended June 30, 2024, Solstad Offshore ASA posted a gross margin of 107.67, reflecting its pricing power and cost economics. The operating margin of 24.44 and net profit margin of -5.93 provide insight into operational efficiency.

Solstad Offshore ASA's most recent stock split took place on October 21, 2020.