Solstad Maritime ASA (FRA:O6O) Current Ratio: 1.70 (As of Jun. 2026) — 29% Above Median

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FRA:O6O Solstad Maritime ASA FRA:O6O
24 GF Score
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What is Solstad Maritime ASA Current Ratio?

Solstad Maritime ASA FRA:O6O +3.49% 24 Current Ratio is 1.70 as of Jun. 2026, which is 29% above its 10-year median of 1.32. GuruFocus rates FRA:O6O with a GF Score™ of 24/100. The stock has 3 warning signs investors should review. Among 1,005 Transportation companies, Solstad Maritime ASA ranks better than 60.3% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Solstad Maritime ASA's current ratio for the quarter that ended in Jun. 2026 was 1.70.

Solstad Maritime ASA has a current ratio of 1.70. It generally indicates good short-term financial strength.

The historical rank and industry rank for Solstad Maritime ASA's Current Ratio or its related term are showing as below:

FRA:O6O' s Current Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.32   Max: 3.03
Current: 1.7

During the past 6 years, Solstad Maritime ASA's highest Current Ratio was 3.03. The lowest was 0.30. And the median was 1.32.

FRA:O6O's Current Ratio is ranked better than
60.3% of 1005 companies
in the Transportation industry
Industry Median: 1.46 vs FRA:O6O: 1.70

Solstad Maritime ASA  (FRA:O6O) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Solstad Maritime ASA Current Ratio Related Terms


Solstad Maritime ASA Current Ratio Historical Data

* Premium members only.

The historical data trend for Solstad Maritime ASA's Current 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.

Solstad Maritime ASA Current Ratio Chart

Solstad Maritime ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial 3.03 1.33 0.30 1.30 1.08

Solstad Maritime ASA Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Current Ratio Get a 7-Day Free Trial Premium Member Only 0.00 1.30 1.06 1.08 1.70

Solstad Maritime ASA Current Ratio Competitor Comparison

For the Marine Shipping subindustry, Solstad Maritime ASA's Current Ratio, along with its competitors' market caps and Current 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.


Solstad Maritime ASA Current Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Solstad Maritime ASA's Current Ratio distribution charts can be found below:

* The bar in red indicates where Solstad Maritime ASA's Current Ratio falls into.


FRA:O6O
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Solstad Maritime ASA FRA:O6O
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Solstad Maritime ASA Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Solstad Maritime ASA's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=217.551/202.035
=1.08

Solstad Maritime ASA's Current Ratio for the quarter that ended in Jun. 2026 is calculated as

Current Ratio (Q: Jun. 2026 )=Total Current Assets (Q: Jun. 2026 )/Total Current Liabilities (Q: Jun. 2026 )
=328.638/193.867
=1.70

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.70 mean?
Solstad Maritime ASA (FRA:O6O) has a Current Ratio of 1.70 as of Jun. 2026. This is 29% above median its historical median of 1.32. Over the past decade, Solstad Maritime ASA's Current Ratio has ranged from 0.30 to 3.03. According to the industry distribution chart, Solstad Maritime ASA ranks #399 out of 1005 companies in the Transportation industry, placing it in the top 39.7%.
Is Solstad Maritime ASA's Current Ratio too high?
Solstad Maritime ASA's current Current Ratio of 1.70 is 29% above median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 3.03. The Transportation industry median Current Ratio is 1.46. Solstad Maritime ASA's value of 1.70 is 16.4% above this industry median. Based on the distribution chart, Solstad Maritime ASA ranks #399 out of 1005 companies in the Transportation industry, which is above the industry midpoint. Overall, Solstad Maritime ASA has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Solstad Maritime ASA's Current Ratio compare to competitors?
According to the Transportation industry distribution chart, Solstad Maritime ASA ranks #399 out of 1005 companies for Current Ratio. This puts Solstad Maritime ASA in the upper half of its industry. The industry median Current Ratio is 1.46. Solstad Maritime ASA's value of 1.70 is 16.4% above this benchmark. Historically, Solstad Maritime ASA's own Current Ratio has ranged from 0.30 to 3.03 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.46, Solstad Maritime ASA has consistently been above 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 Current Ratio for a Transportation company?
The median Current Ratio among Transportation companies is 1.46, based on 1,005 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Solstad Maritime ASA's current Current Ratio of 1.70 is 16.4% above 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median Current Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solstad Maritime ASA's current Current Ratio is 1.70, which is 29% above median its own 10-year median of 1.32. 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 (FRA:O6O) has a current Current Ratio of 1.70. The current Current Ratio is 1.70, which is 29% above median its 10-year median of 1.32 and 16.4% above the Transportation industry median of 1.46. Solstad Maritime ASA's overall GF Score™ is 24/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Solstad Maritime ASA (FRA:O6O), the current Current Ratio is 1.70 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 Business Description

Other Exchanges SOMA:NorwaySOMAo:UK
Address Nesavegen 39, Skudeneshavn, NOR, 4280
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.
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