Odfjell Drilling Stock Retained Earnings

Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.

Based on the latest financial disclosure, Odfjell Drilling has a Retained Earnings of 574 M. This is 96.53% lower than that of the Energy sector and 72.2% lower than that of the Oil & Gas Drilling industry. The retained earnings for all Norway stocks is 93.85% higher than that of the company.

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.

Odfjell Drilling financial ratios help investors to determine whether Odfjell Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Odfjell with respect to the benefits of owning Odfjell Drilling security.