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Okea ASAOSL:OKEA +0.44%70 Current Ratio is 1.47 as of Jun. 2026, which is 6% above its 10-year median of 1.39. GuruFocus rates OSL:OKEA with a GF Score™ of 70/100 and a GF Value™ of kr22.13 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,013 Oil & Gas companies, Okea ASA ranks better than 53.6% 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. Okea ASA's current ratio for the quarter that ended in Jun. 2026 was 1.47.
Okea ASA has a current ratio of 1.47. It generally indicates good short-term financial strength.
The historical rank and industry rank for Okea ASA's Current Ratio or its related term are showing as below:
OSL:OKEA'
s Current Ratio Range Over the Past 10 Years
Min: 0.82 Med: 1.39 Max: 13.86
Current: 1.47
During the past 11 years, Okea ASA's highest Current Ratio was 13.86. The lowest was 0.82. And the median was 1.39.
OSL:OKEA's Current Ratio is ranked better than 53.6% of 1013
companies
in the Oil & Gas industry
Industry Median: 1.35
vs OSL:OKEA: 1.47
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.
Okea ASA Current Ratio Related Terms
Okea ASA Current Ratio Historical Data
* Premium members only.
The historical data trend for Okea 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.
OSL:OKEA vs COP, EOG, FANG: Current Ratio Comparison
For the Oil & Gas E&P subindustry, Okea 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.
Okea ASA Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Okea ASA's Current Ratio distribution charts can be found below:
* The bar in red indicates where Okea 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.
Okea ASA (OSL:OKEA) has a Current Ratio of 1.47 as of Jun. 2026. This is near median its historical median of 1.39. Over the past decade, Okea ASA's Current Ratio has ranged from 0.82 to 13.86. According to the industry distribution chart, Okea ASA ranks #470 out of 1013 companies in the Oil & Gas industry, placing it in the top 46.4%.
Is Okea ASA's Current Ratio too high?
Okea ASA's current Current Ratio of 1.47 is near median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 13.86. The Oil & Gas industry median Current Ratio is 1.35. Okea ASA's value of 1.47 is 8.9% above this industry median. Based on the distribution chart, Okea ASA ranks #470 out of 1013 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Okea ASA has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okea ASA's Current Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Okea ASA ranks #470 out of 1013 companies for Current Ratio. This puts Okea ASA in the upper half of its industry. The industry median Current Ratio is 1.35. Okea ASA's value of 1.47 is 8.9% above this benchmark. Historically, Okea ASA's own Current Ratio has ranged from 0.82 to 13.86 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.35, Okea 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 an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.35, based on 1,013 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. Okea ASA's current Current Ratio of 1.47 is 8.9% 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 Oil & Gas industry, the median Current Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okea ASA's current Current Ratio is 1.47, which is near median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okea ASA stock overvalued right now?
Based on GuruFocus' analysis, Okea ASA (OSL:OKEA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr22.13, compared to a current price of kr33.95 — trading 53.4% above its estimated fair value. The current Current Ratio is 1.47, which is near median its 10-year median of 1.39 and 8.9% above the Oil & Gas industry median of 1.35. Okea ASA's overall GF Score™ is 70/100 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 Okea ASA (OSL:OKEA), the current Current Ratio is 1.47 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.
Is Okea ASA (OSL:OKEA) Overvalued in 2026?
Based on GuruFocus' analysis, Okea ASA stock appears to be overvalued.
The current stock price of kr33.95 is trading 53.4% above its estimated GF Value™ of kr22.13.
GuruFocus considers Okea ASA to be Significantly Overvalued.
Key valuation signals for OSL:OKEA:
Current Ratio: 1.47 (near median its 10-year median of 1.39)
GF Value™: kr22.13 vs. price of kr33.95 (53.4% above fair value)
Industry Position: 8.9% above the Oil & Gas median (#470 of 1013)
No single metric tells the full story. See the OSL:OKEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okea ASA is an oil and gas company operating on the Norwegian continental shelf. The company's asset portfolio includes fields it operates as well as interests in other producing fields and exploration licences. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. The operations of the company include Draugen Field, Gjoa Field, Ivar Aasen, and others. The company generates the majority of its revenue from the sale of crude.
70GF Score
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