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Shelf Drilling (North Sea) (OSL:SDNS) Pretax Margin % : -64.72% (As of Mar. 2024)


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What is Shelf Drilling (North Sea) Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Shelf Drilling (North Sea)'s Pre-Tax Income for the three months ended in Mar. 2024 was kr-212 Mil. Shelf Drilling (North Sea)'s Revenue for the three months ended in Mar. 2024 was kr328 Mil. Therefore, Shelf Drilling (North Sea)'s pretax margin for the quarter that ended in Mar. 2024 was -64.72%.

The historical rank and industry rank for Shelf Drilling (North Sea)'s Pretax Margin % or its related term are showing as below:

OSL:SDNS' s Pretax Margin % Range Over the Past 10 Years
Min: -31.52   Med: 2.22   Max: 21.52
Current: -31.52


OSL:SDNS's Pretax Margin % is ranked worse than
79.86% of 978 companies
in the Oil & Gas industry
Industry Median: 6.035 vs OSL:SDNS: -31.52

Shelf Drilling (North Sea) Pretax Margin % Historical Data

The historical data trend for Shelf Drilling (North Sea)'s Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shelf Drilling (North Sea) Pretax Margin % Chart

Shelf Drilling (North Sea) Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
- 21.52 -17.08

Shelf Drilling (North Sea) Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -5.16 -12.24 -16.80 -37.17 -64.72

Competitive Comparison of Shelf Drilling (North Sea)'s Pretax Margin %

For the Oil & Gas Equipment & Services subindustry, Shelf Drilling (North Sea)'s Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shelf Drilling (North Sea)'s Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shelf Drilling (North Sea)'s Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Shelf Drilling (North Sea)'s Pretax Margin % falls into.



Shelf Drilling (North Sea) Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Shelf Drilling (North Sea)'s Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-246.856/1445.268
=-17.08 %

Shelf Drilling (North Sea)'s Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-212.242/327.914
=-64.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shelf Drilling (North Sea)  (OSL:SDNS) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Shelf Drilling (North Sea) Pretax Margin % Related Terms

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Shelf Drilling (North Sea) (OSL:SDNS) Business Description

Traded in Other Exchanges
N/A
Address
Lakes Towers, JLT, Floor 12, P.O. Box 212201, Jumeirah, Dubai, ARE
Shelf Drilling (North Sea) Ltd is a shallow-water offshore drilling contractor operating primarily in the North Sea. It is engaged in the provision of equipment and services for the drilling, completion and well maintenance of shallow water offshore oil and natural gas wells. The Group is primarily engaged in development and workover activity on producing assets, with a focus on shallow water operations in water depths of up to 500 feet.

Shelf Drilling (North Sea) (OSL:SDNS) Headlines

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