Grand Harbour Marina (MAL:GHM) Current Ratio: 4.32 (As of Dec. 2025) — 42% Above Median


MAL:GHM Grand Harbour Marina PLC MAL:GHM
49 GF Score
Price €0.95
GF Value €0.80
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Grand Harbour Marina Current Ratio?

Grand Harbour Marina MAL:GHM 49 Current Ratio is 4.32 as of Dec. 2025, which is 42% above its 10-year median of 3.05. GuruFocus rates MAL:GHM with a GF Score™ of 49/100 and a GF Value™ of €0.80 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 857 Travel & Leisure companies, Grand Harbour Marina ranks better than 89.03% 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. Grand Harbour Marina's current ratio for the quarter that ended in Dec. 2025 was 4.32.

Grand Harbour Marina has a current ratio of 4.32. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Grand Harbour Marina's Current Ratio or its related term are showing as below:

MAL:GHM' s Current Ratio Range Over the Past 10 Years
Min: 0.82   Med: 3.05   Max: 4.32
Current: 4.32

During the past 13 years, Grand Harbour Marina's highest Current Ratio was 4.32. The lowest was 0.82. And the median was 3.05.

MAL:GHM's Current Ratio is ranked better than
89.03% of 857 companies
in the Travel & Leisure industry
Industry Median: 1.38 vs MAL:GHM: 4.32

Grand Harbour Marina  (MAL:GHM) 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.


Grand Harbour Marina Current Ratio Related Terms


Grand Harbour Marina Current Ratio Historical Data

* Premium members only.

The historical data trend for Grand Harbour Marina'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.

Grand Harbour Marina Current Ratio Chart

Grand Harbour Marina Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.89 2.25 3.53 3.50 4.32

Grand Harbour Marina Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.53 2.97 3.50 3.86 4.32

MAL:GHM vs AS, HAS, LTH: Current Ratio Comparison

For the Leisure subindustry, Grand Harbour Marina'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.


Grand Harbour Marina Current Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Grand Harbour Marina's Current Ratio distribution charts can be found below:

* The bar in red indicates where Grand Harbour Marina's Current Ratio falls into.


MAL:GHM
49GF Score
Grand Harbour Marina PLC MAL:GHM
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Grand Harbour Marina 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.

Grand Harbour Marina'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 )
=13.98/3.238
=4.32

Grand Harbour Marina's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=13.98/3.238
=4.32

* 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 4.32 mean?
Grand Harbour Marina (MAL:GHM) has a Current Ratio of 4.32 as of Dec. 2025. This is 42% above median its historical median of 3.05. Over the past decade, Grand Harbour Marina's Current Ratio has ranged from 0.82 to 4.32. According to the industry distribution chart, Grand Harbour Marina ranks #94 out of 857 companies in the Travel & Leisure industry, placing it in the top 11%.
Is Grand Harbour Marina's Current Ratio too high?
Grand Harbour Marina's current Current Ratio of 4.32 is 42% above median its 10-year median of 3.05. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 4.32. The Travel & Leisure industry median Current Ratio is 1.38. Grand Harbour Marina's value of 4.32 is 213% above this industry median. Based on the distribution chart, Grand Harbour Marina ranks #94 out of 857 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Grand Harbour Marina has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Harbour Marina's Current Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Grand Harbour Marina ranks #94 out of 857 companies for Current Ratio. This places Grand Harbour Marina in the top 11% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.38. Grand Harbour Marina's value of 4.32 is 213% above this benchmark. Historically, Grand Harbour Marina's own Current Ratio has ranged from 0.82 to 4.32 over the past decade. While the company's 10-year median is 3.05 vs. the industry median of 1.38, Grand Harbour Marina 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 Travel & Leisure company?
The median Current Ratio among Travel & Leisure companies is 1.38, based on 857 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. Grand Harbour Marina's current Current Ratio of 4.32 is 213% 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 Travel & Leisure industry, the median Current Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Harbour Marina's current Current Ratio is 4.32, which is 42% above median its own 10-year median of 3.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Harbour Marina stock overvalued right now?
Based on GuruFocus' analysis, Grand Harbour Marina (MAL:GHM) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.80, compared to a current price of €0.95 — trading 18.8% above its estimated fair value. The current Current Ratio is 4.32, which is 42% above median its 10-year median of 3.05 and 213% above the Travel & Leisure industry median of 1.38. Grand Harbour Marina's overall GF Score™ is 49/100 with 8 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 Grand Harbour Marina (MAL:GHM), the current Current Ratio is 4.32 as of Dec. 2025. 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 Grand Harbour Marina (MAL:GHM) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Harbour Marina stock appears to be overvalued. The current stock price of €0.95 is trading 18.8% above its estimated GF Value™ of €0.80. GuruFocus considers Grand Harbour Marina to be Modestly Overvalued.

Key valuation signals for MAL:GHM:

  • Current Ratio: 4.32 (42% above median its 10-year median of 3.05)
  • GF Value™: €0.80 vs. price of €0.95 (18.8% above fair value)
  • GF Score™: 49/100 with 8 warning signs
  • Industry Position: 213% above the Travel & Leisure median (#94 of 857)

No single metric tells the full story. See the MAL:GHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grand Harbour Marina Business Description

Address Vittoriosa Wharf, Vittoriosa, MLT, BRG 1721
Grand Harbour Marina PLC is a Malta-based marina company. The principal business activities of the company and its joint venture are acquiring, developing, operating, and managing marinas. The group has two reportable segments, Grand Harbour Marina and IC Cesme Marina. The business operates in each of these two operating segments in the ownership and operation of marina facilities providing berthing and ancillary services for yachts and super-yachts. It generates maximum revenue from the Grand Harbour Marina segment.
49GF Score

Get the complete analysis for MAL:GHM

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.95
Price
€0.80
GF Value