BlueYield ABNGM:SHIP -1.71%12 Current Ratio is 27.15 as of Mar. 2026, which is 6% above its 10-year median of 25.66. GuruFocus rates NGM:SHIP with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 1,002 Transportation companies, BlueYield AB ranks better than 98.9% 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. BlueYield AB's current ratio for the quarter that ended in Mar. 2026 was 27.15.
BlueYield AB has a current ratio of 27.15. 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 BlueYield AB's Current Ratio or its related term are showing as below:
NGM:SHIP'
s Current Ratio Range Over the Past 10 Years
Min: 2.33 Med: 25.66 Max: 104.23
Current: 27.15
During the past 1 years, BlueYield AB's highest Current Ratio was 104.23. The lowest was 2.33. And the median was 25.66.
NGM:SHIP's Current Ratio is ranked better than 98.9% of 1002
companies
in the Transportation industry
Industry Median: 1.47
vs NGM:SHIP: 27.15
BlueYield AB (NGM:SHIP) 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.
BlueYield AB Current Ratio Related Terms
BlueYield AB Current Ratio Historical Data
* Premium members only.
The historical data trend for BlueYield AB'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.
BlueYield AB Current Ratio Chart
BlueYield AB Annual Data
Trend
Dec25
Current Ratio
24.17
BlueYield AB Quarterly Data
Jun25
Sep25
Dec25
Mar26
Current Ratio
2.33
104.23
24.17
27.15
NGM:SHIP vs KEX: Current Ratio Comparison
For the Marine Shipping subindustry, BlueYield AB'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.
BlueYield AB Current Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, BlueYield AB's Current Ratio distribution charts can be found below:
* The bar in red indicates where BlueYield AB'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.
BlueYield AB (NGM:SHIP) has a Current Ratio of 27.15 as of Mar. 2026. This is near median its historical median of 25.66. Over the past decade, BlueYield AB's Current Ratio has ranged from 2.33 to 104.23. According to the industry distribution chart, BlueYield AB ranks #11 out of 1002 companies in the Transportation industry, placing it in the top 1.1%.
Is BlueYield AB's Current Ratio too high?
BlueYield AB's current Current Ratio of 27.15 is near median its 10-year median of 25.66. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 104.23. The Transportation industry median Current Ratio is 1.47. BlueYield AB's value of 27.15 is 1746.9% above this industry median. Based on the distribution chart, BlueYield AB ranks #11 out of 1002 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, BlueYield AB has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does BlueYield AB's Current Ratio compare to KEX?
According to the Transportation industry distribution chart, BlueYield AB ranks #11 out of 1002 companies for Current Ratio. This places BlueYield AB in the top 1% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.47. BlueYield AB's value of 27.15 is 1746.9% above this benchmark. Historically, BlueYield AB's own Current Ratio has ranged from 2.33 to 104.23 over the past decade. While the company's 10-year median is 25.66 vs. the industry median of 1.47, BlueYield AB 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 1.47, based on 1,002 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. BlueYield AB's current Current Ratio of 27.15 is 1746.9% 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 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlueYield AB's current Current Ratio is 27.15, which is near median its own 10-year median of 25.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlueYield AB stock overvalued right now?
BlueYield AB (NGM:SHIP) has a current Current Ratio of 27.15. The current Current Ratio is 27.15, which is near median its 10-year median of 25.66 and 1746.9% above the Transportation industry median of 1.47. BlueYield AB's overall GF Score™ is 12/100 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 BlueYield AB (NGM:SHIP), the current Current Ratio is 27.15 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.
BlueYield AB is an investment company with a focus on acquiring, managing, and strategically divesting maritime assets. The portfolio of vessels is globally diversified, consisting of a wide range of vessels across several segments, and offers an opportunity to access the returns of shipping. It holds minority interests across some special purpose vehicles (SPVs). These SPVs collectively own and manage a diversified portfolio of several vessels, spanning various shipping segments including Tanker, Container, Dry Bulk, Multi-Purpose Vessels (MPP), Platform Supply Vessels (PSV), and Subsea/Offshore.
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