Northern Ocean Ltd.

As of June 30, 2026, NORTHERN OCEAN LTD carries a market capitalization of 184.44M, placing it among publicly traded companies globally. Its enterprise value stands at 297.56M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

NORTHERN OCEAN LTD's next confirmed earnings release is scheduled for November 30, 2026.

As of June 30, 2026, NORTHERN OCEAN LTD has 224.92M shares outstanding.

These figures are as of June 30, 2026. The price-to-sales ratio is 0.85, and the price-to-book ratio stands at 0.58.

These figures are as of June 30, 2026. The EV/Sales ratio of 1.38 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 297.56M versus a market cap of 184.44M, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, NORTHERN OCEAN LTD maintains a current ratio of 0.37, meaning it holds 0.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 41.67, indicating elevated leverage, while an interest coverage ratio of -0.75 demonstrates limited ability to service its debt obligations.

Over the twelve months ended June 30, 2026, NORTHERN OCEAN LTD posted a negative return on equity (ROE) of -27.62, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -13.03, reflecting losses generated across the asset base. The company generates approximately 27.87M in revenue per employee across its workforce of 7.75, a quick read on workforce productivity versus industry peers.

Over the twelve months ended June 30, 2026, NORTHERN OCEAN LTD recorded 1.25M in income tax expense. The company reported a pretax loss of -100.73M and -101.97M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

As of the close on August 18, 2026, NORTHERN OCEAN LTD's stock has gained approximately 42.33% over the past 52 weeks.

Over the twelve months ended June 30, 2026, NORTHERN OCEAN LTD generated 215.99M in revenue and converted that into -101.97M in net income, yielding earnings per share of -0.45. EBITDA reached -24.40M, while operating income came in at -54.11M.

As of June 30, 2026, NORTHERN OCEAN LTD holds 19.65M in cash and equivalents against 132.78M in total debt, resulting in a net debt position of 113.11M. Total book value stands at 318.65M, with working capital of -110.47M providing operational flexibility.

NORTHERN OCEAN LTD produced -35.78M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -29.00M in capital expenditures, free cash flow totaled -64.78M - equivalent to -0.29 per share.

Over the twelve months ended June 30, 2026, NORTHERN OCEAN LTD posted a gross margin of -21.26, reflecting its pricing power and cost economics. The operating margin of -25.05 and net profit margin of -47.21 provide insight into operational efficiency.

These figures cover the twelve months ended June 30, 2026. Free cash flow yield is negative at -35.12: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield reaches 229.75, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to NORTHERN OCEAN LTD shareholders.

NORTHERN OCEAN LTD's most recent stock split took place on December 14, 2022.

As of June 30, 2026, NORTHERN OCEAN LTD has an Altman Z-Score of -0.74, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.