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HAV Group ASAOSL:HAV -1.41%63 Cash Ratio is 0.23 as of Mar. 2026, which is 50% below its 10-year median of 0.46. GuruFocus rates OSL:HAV with a GF Score™ of 63/100 and a GF Value™ of kr12.57 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 992 Transportation companies, HAV Group ASA ranks worse than 72.68% on this metric.
HAV Group ASA has a Cash Ratio of 0.23. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for HAV Group ASA's Cash Ratio or its related term are showing as below:
OSL:HAV'
s Cash Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.46 Max: 1.02
Current: 0.23
During the past 9 years, HAV Group ASA's highest Cash Ratio was 1.02. The lowest was 0.05. And the median was 0.46.
OSL:HAV's Cash Ratio is ranked worse than 72.68% of 992
companies
in the Transportation industry
Industry Median: 0.51
vs OSL:HAV: 0.23
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
HAV Group ASA Cash Ratio Related Terms
HAV Group ASA Cash Ratio Historical Data
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The historical data trend for HAV Group ASA's Cash Ratio 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.
For the Marine Shipping subindustry, HAV Group ASA's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.
HAV Group ASA Cash Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, HAV Group ASA's Cash Ratio distribution charts can be found below:
* The bar in red indicates where HAV Group ASA's Cash Ratio falls into.
* 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.
HAV Group ASA (OSL:HAV) has a Cash Ratio of 0.23 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on HAV Group ASA and its competitors. This is 50% below median its historical median of 0.46. Over the past decade, HAV Group ASA's Cash Ratio has ranged from 0.05 to 1.02. According to the industry distribution chart, HAV Group ASA ranks #721 out of 992 companies in the Transportation industry, placing it in the top 72.7%.
Is HAV Group ASA's Cash Ratio too high?
HAV Group ASA's current Cash Ratio of 0.23 is 50% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 1.02. The Transportation industry median Cash Ratio is 0.51. HAV Group ASA's value of 0.23 is 54.9% below this industry median. Based on the distribution chart, HAV Group ASA ranks #721 out of 992 companies in the Transportation industry, which is below the industry midpoint. Overall, HAV Group ASA has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HAV Group ASA's Cash Ratio compare to competitors?
According to the Transportation industry distribution chart, HAV Group ASA ranks #721 out of 992 companies for Cash Ratio. This places HAV Group ASA in the lower half of its industry. The industry median Cash Ratio is 0.51. HAV Group ASA's value of 0.23 is 54.9% below this benchmark. Historically, HAV Group ASA's own Cash Ratio has ranged from 0.05 to 1.02 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.51, HAV Group ASA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Transportation company?
The median Cash Ratio among Transportation companies is 0.51, based on 992 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HAV Group ASA's current Cash Ratio of 0.23 is 54.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on HAV Group ASA and its competitors. For the Transportation industry, the median Cash Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HAV Group ASA's current Cash Ratio is 0.23, which is 50% below median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HAV Group ASA stock overvalued right now?
Based on GuruFocus' analysis, HAV Group ASA (OSL:HAV) is currently considered Modestly Overvalued. The stock's GF Value™ is kr12.57, compared to a current price of kr14.15 — trading 12.6% above its estimated fair value. The current Cash Ratio is 0.23, which is 50% below median its 10-year median of 0.46 and 54.9% below the Transportation industry median of 0.51. HAV Group ASA's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For HAV Group ASA (OSL:HAV), the current Cash Ratio is 0.23 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HAV Group ASA (OSL:HAV) Overvalued in 2026?
Based on GuruFocus' analysis, HAV Group ASA stock appears to be overvalued.
The current stock price of kr14.15 is trading 12.6% above its estimated GF Value™ of kr12.57.
GuruFocus considers HAV Group ASA to be Modestly Overvalued.
Key valuation signals for OSL:HAV:
Cash Ratio: 0.23 (50% below median its 10-year median of 0.46)
GF Value™: kr12.57 vs. price of kr14.15 (12.6% above fair value)
Industry Position: 54.9% below the Transportation median (#721 of 992)
No single metric tells the full story. See the OSL:HAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HAV Group ASA is a provider of solutions and technology to the marine and maritime industries. The group's vision is to contribute to the green shift through solutions and high-end products for the ocean industries. The Group's main activities are: HAV Design, i.e., providing ship design and system packages for offshore, transport, and fishing vessels; Norwegian Electric Systems, i.e., specializing in design, engineering, and installation of electric systems and delivery of control and automation systems for ships; Norwegian Greentech, i.e., specializing in the delivery of ballast water treatment systems. HAV Hydrogen, i.e., delivers complete and scalable hydrogen systems that are designed for operation in heavy seas. Other/Elimination includes intercompany and the mother company.
63GF Score
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