HAV Group ASAOSL:HAV 63 Current Ratio is 1.02 as of Mar. 2026, which is 4% below its 10-year median of 1.06. GuruFocus rates OSL:HAV with a GF Score™ of 63/100 and a GF Value™ of kr12.47 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,001 Transportation companies, HAV Group ASA ranks worse than 72.03% 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. HAV Group ASA's current ratio for the quarter that ended in Mar. 2026 was 1.02.
HAV Group ASA has a current ratio of 1.02. It generally indicates good short-term financial strength.
The historical rank and industry rank for HAV Group ASA's Current Ratio or its related term are showing as below:
OSL:HAV'
s Current Ratio Range Over the Past 10 Years
Min: 0.88 Med: 1.06 Max: 1.39
Current: 1.02
During the past 9 years, HAV Group ASA's highest Current Ratio was 1.39. The lowest was 0.88. And the median was 1.06.
OSL:HAV's Current Ratio is ranked worse than 72.03% of 1001
companies
in the Transportation industry
Industry Median: 1.47
vs OSL:HAV: 1.02
HAV Group ASA (OSL:HAV) 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.
HAV Group ASA Current Ratio Related Terms
HAV Group ASA Current Ratio Historical Data
* Premium members only.
The historical data trend for HAV Group 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.
For the Marine Shipping subindustry, HAV Group 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.
HAV Group ASA Current Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, HAV Group ASA's Current Ratio distribution charts can be found below:
* The bar in red indicates where HAV Group ASA'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.
HAV Group ASA (OSL:HAV) has a Current Ratio of 1.02 as of Mar. 2026. This is near median its historical median of 1.06. Over the past decade, HAV Group ASA's Current Ratio has ranged from 0.88 to 1.39. According to the industry distribution chart, HAV Group ASA ranks #721 out of 1001 companies in the Transportation industry, placing it in the top 72%.
Is HAV Group ASA's Current Ratio too high?
HAV Group ASA's current Current Ratio of 1.02 is near median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 1.39. The Transportation industry median Current Ratio is 1.47. HAV Group ASA's value of 1.02 is 30.6% below this industry median. Based on the distribution chart, HAV Group ASA ranks #721 out of 1001 companies in the Transportation industry, which is below the industry midpoint. Overall, HAV Group ASA has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HAV Group ASA's Current Ratio compare to competitors?
According to the Transportation industry distribution chart, HAV Group ASA ranks #721 out of 1001 companies for Current Ratio. This places HAV Group ASA in the lower half of its industry. The industry median Current Ratio is 1.47. HAV Group ASA's value of 1.02 is 30.6% below this benchmark. Historically, HAV Group ASA's own Current Ratio has ranged from 0.88 to 1.39 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.47, HAV Group 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 Current Ratio for a Transportation company?
The median Current Ratio among Transportation companies is 1.47, based on 1,001 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. HAV Group ASA's current Current Ratio of 1.02 is 30.6% 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 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. HAV Group ASA's current Current Ratio is 1.02, which is near median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HAV Group ASA stock overvalued right now?
Based on GuruFocus' analysis, HAV Group ASA (OSL:HAV) is currently considered Fairly Valued. The stock's GF Value™ is kr12.47, compared to a current price of kr13.50 — trading 8.3% above its estimated fair value. The current Current Ratio is 1.02, which is near median its 10-year median of 1.06 and 30.6% below the Transportation industry median of 1.47. HAV Group ASA's overall GF Score™ is 63/100 with 4 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 HAV Group ASA (OSL:HAV), the current Current Ratio is 1.02 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.
Is HAV Group ASA (OSL:HAV) Overvalued in 2026?
Based on GuruFocus' analysis, HAV Group ASA stock appears to be overvalued.
The current stock price of kr13.50 is trading 8.3% above its estimated GF Value™ of kr12.47.
GuruFocus considers HAV Group ASA to be Fairly Valued.
Key valuation signals for OSL:HAV:
Current Ratio: 1.02 (near median its 10-year median of 1.06)
GF Value™: kr12.47 vs. price of kr13.50 (8.3% above fair value)
Industry Position: 30.6% below the Transportation median (#721 of 1001)
No single metric tells the full story. See the OSL:HAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HAV Group ASA is a provider of solutions and technology to the marine and maritime industries. The group's vision is to contribute to the green shift through solutions and high-end products for the ocean industries. The Group's main activities are: HAV Design, i.e., providing ship design and system packages for offshore, transport, and fishing vessels; Norwegian Electric Systems, i.e., specializing in design, engineering, and installation of electric systems and delivery of control and automation systems for ships; Norwegian Greentech, i.e., specializing in the delivery of ballast water treatment systems. HAV Hydrogen, i.e., delivers complete and scalable hydrogen systems that are designed for operation in heavy seas. Other/Elimination includes intercompany and the mother company.
63GF Score
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