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Solstad Maritime ASASLTMF +156,150.00%19 Cash-to-Debt is 0.23 as of Jun. 2026, which is 92% above its 10-year median of 0.12. GuruFocus rates SLTMF with a GF Score™ of 19/100. The stock has 7 warning signs investors should review. Among 1,002 Transportation companies, Solstad Maritime ASA ranks worse than 66.67% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Solstad Maritime ASA's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.23.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Solstad Maritime ASAcouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Solstad Maritime ASA's Cash-to-Debt or its related term are showing as below:
SLTMF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.12 Max: 0.23
Current: 0.23
During the past 6 years, Solstad Maritime ASA's highest Cash to Debt Ratio was 0.23. The lowest was 0.08. And the median was 0.12.
SLTMF's Cash-to-Debt is ranked worse than 66.67% of 1002
companies
in the Transportation industry
Industry Median: 0.48
vs SLTMF: 0.23
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Solstad Maritime ASA Cash-to-Debt Related Terms
Solstad Maritime ASA Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Solstad Maritime ASA's Cash-to-Debt 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Marine Shipping subindustry, Solstad Maritime ASA's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.
Solstad Maritime ASA Cash-to-Debt vs Transportation Industry
For the Transportation industry and Industrials sector, Solstad Maritime ASA's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Solstad Maritime ASA's Cash-to-Debt 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.
Solstad Maritime ASA (SLTMF) has a Cash-to-Debt of 0.23 as of Jun. 2026. This is 92% above median its historical median of 0.12. Over the past decade, Solstad Maritime ASA's Cash-to-Debt has ranged from 0.08 to 0.23. According to the industry distribution chart, Solstad Maritime ASA ranks #668 out of 1002 companies in the Transportation industry, placing it in the top 66.7%.
Is Solstad Maritime ASA's Cash-to-Debt too high?
Solstad Maritime ASA's current Cash-to-Debt of 0.23 is 92% above median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.23. The Transportation industry median Cash-to-Debt is 0.48. Solstad Maritime ASA's value of 0.23 is 52.1% below this industry median. Based on the distribution chart, Solstad Maritime ASA ranks #668 out of 1002 companies in the Transportation industry, which is below the industry midpoint. Overall, Solstad Maritime ASA has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Solstad Maritime ASA's Cash-to-Debt compare to competitors?
According to the Transportation industry distribution chart, Solstad Maritime ASA ranks #668 out of 1002 companies for Cash-to-Debt. This places Solstad Maritime ASA in the lower half of its industry. The industry median Cash-to-Debt is 0.48. Solstad Maritime ASA's value of 0.23 is 52.1% below this benchmark. Historically, Solstad Maritime ASA's own Cash-to-Debt has ranged from 0.08 to 0.23 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 0.48, Solstad Maritime 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-to-Debt for a Transportation company?
The median Cash-to-Debt among Transportation companies is 0.48, based on 1,002 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Solstad Maritime ASA's current Cash-to-Debt of 0.23 is 52.1% 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-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median Cash-to-Debt is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solstad Maritime ASA's current Cash-to-Debt is 0.23, which is 92% above median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solstad Maritime ASA stock overvalued right now?
Solstad Maritime ASA (SLTMF) has a current Cash-to-Debt of 0.23. The current Cash-to-Debt is 0.23, which is 92% above median its 10-year median of 0.12 and 52.1% below the Transportation industry median of 0.48. Solstad Maritime ASA's overall GF Score™ is 19/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Solstad Maritime ASA (SLTMF), the current Cash-to-Debt is 0.23 as of Jun. 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.
Solstad Maritime ASA operates offshore service and construction vessels, offering ships, additional services (ROVs, etc.), and maritime personnel across all geographical regions. Its operating business segments include AHTS, CSV, Services, and Others. The AHTS segment includes anchor handling tug supply vessels; the CSV segment represents operations of construction vessels performing subsea construction contracts; and the Services segment includes additional services provided across vessel spreads, i.e., ROVs, tooling, project personnel, and engineering support. All of the company's income is classified as Oil and Gas, which generates the majority of revenue, or Renewable. Geographically, it generates maximum revenue from the North Sea region.
19GF Score
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