Novamarine SpAMIL:NOVA -1.10%17 Current Ratio is 2.38 as of Dec. 2025, which is 103% above its 10-year median of 1.17. GuruFocus rates MIL:NOVA with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Novamarine SpA ranks better than 75.99% 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. Novamarine SpA's current ratio for the quarter that ended in Dec. 2025 was 2.38.
Novamarine SpA has a current ratio of 2.38. It generally indicates good short-term financial strength.
The historical rank and industry rank for Novamarine SpA's Current Ratio or its related term are showing as below:
MIL:NOVA'
s Current Ratio Range Over the Past 10 Years
Min: 1.07 Med: 1.17 Max: 2.38
Current: 2.38
During the past 5 years, Novamarine SpA's highest Current Ratio was 2.38. The lowest was 1.07. And the median was 1.17.
MIL:NOVA's Current Ratio is ranked better than 75.99% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 1.54
vs MIL:NOVA: 2.38
Novamarine SpA (MIL:NOVA) 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.
Novamarine SpA Current Ratio Related Terms
Novamarine SpA Current Ratio Historical Data
* Premium members only.
The historical data trend for Novamarine SpA'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.
MIL:NOVA vs BC, THO, PII: Current Ratio Comparison
For the Recreational Vehicles subindustry, Novamarine SpA'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.
Novamarine SpA Current Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Novamarine SpA's Current Ratio distribution charts can be found below:
* The bar in red indicates where Novamarine SpA's Current 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.
Novamarine SpA (MIL:NOVA) has a Current Ratio of 2.38 as of Dec. 2025. This is 103% above median its historical median of 1.17. Over the past decade, Novamarine SpA's Current Ratio has ranged from 1.07 to 2.38. According to the industry distribution chart, Novamarine SpA ranks #321 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 24%.
Is Novamarine SpA's Current Ratio too high?
Novamarine SpA's current Current Ratio of 2.38 is 103% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.38. The Vehicles & Parts industry median Current Ratio is 1.54. Novamarine SpA's value of 2.38 is 54.5% above this industry median. Based on the distribution chart, Novamarine SpA ranks #321 out of 1337 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Novamarine SpA has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Novamarine SpA's Current Ratio compare to BC and THO?
According to the Vehicles & Parts industry distribution chart, Novamarine SpA ranks #321 out of 1337 companies for Current Ratio. This places Novamarine SpA in the top 24% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.54. Novamarine SpA's value of 2.38 is 54.5% above this benchmark. Historically, Novamarine SpA's own Current Ratio has ranged from 1.07 to 2.38 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.54, Novamarine SpA 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 Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.54, based on 1,337 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. Novamarine SpA's current Current Ratio of 2.38 is 54.5% 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 Vehicles & Parts industry, the median Current Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novamarine SpA's current Current Ratio is 2.38, which is 103% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novamarine SpA stock overvalued right now?
Novamarine SpA (MIL:NOVA) has a current Current Ratio of 2.38. The current Current Ratio is 2.38, which is 103% above median its 10-year median of 1.17 and 54.5% above the Vehicles & Parts industry median of 1.54. Novamarine SpA's overall GF Score™ is 17/100 with 2 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 Novamarine SpA (MIL:NOVA), the current Current Ratio is 2.38 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.
Novamarine SpA is a company active in the design, production and marketing of high-performance pleasure boats in the pleasure and professional segments.
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