BlueYield ABNGM:SHIP -1.71%12 Quick 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 99.1% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. BlueYield AB's quick ratio for the quarter that ended in Mar. 2026 was 27.15.
BlueYield AB has a quick ratio of 27.15. It generally indicates good short-term financial strength.
The historical rank and industry rank for BlueYield AB's Quick Ratio or its related term are showing as below:
NGM:SHIP'
s Quick 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 Quick Ratio was 104.23. The lowest was 2.33. And the median was 25.66.
NGM:SHIP's Quick Ratio is ranked better than 99.1% of 1002
companies
in the Transportation industry
Industry Median: 1.355
vs NGM:SHIP: 27.15
BlueYield AB (NGM:SHIP) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
BlueYield AB Quick Ratio Related Terms
BlueYield AB Quick Ratio Historical Data
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The historical data trend for BlueYield AB's Quick 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 Quick Ratio Chart
BlueYield AB Annual Data
Trend
Dec25
Quick Ratio
24.17
BlueYield AB Quarterly Data
Jun25
Sep25
Dec25
Mar26
Quick Ratio
2.33
104.23
24.17
27.15
NGM:SHIP vs KEX: Quick Ratio Comparison
For the Marine Shipping subindustry, BlueYield AB's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, BlueYield AB's Quick Ratio distribution charts can be found below:
* The bar in red indicates where BlueYield AB's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
BlueYield AB's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Quick Ratio of 27.15 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on BlueYield AB and its competitors. This is near median its historical median of 25.66. Over the past decade, BlueYield AB's Quick Ratio has ranged from 2.33 to 104.23. According to the industry distribution chart, BlueYield AB ranks #9 out of 1002 companies in the Transportation industry, placing it in the top 0.90000000000001%.
Is BlueYield AB's Quick Ratio too high?
BlueYield AB's current Quick 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 Quick Ratio is 1.36. BlueYield AB's value of 27.15 is 1903.7% above this industry median. Based on the distribution chart, BlueYield AB ranks #9 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 Quick Ratio compare to KEX?
According to the Transportation industry distribution chart, BlueYield AB ranks #9 out of 1002 companies for Quick Ratio. This places BlueYield AB in the top 1% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.36. BlueYield AB's value of 27.15 is 1903.7% above this benchmark. Historically, BlueYield AB's own Quick 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 1.36, 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 Quick Ratio for a Transportation company?
The median Quick Ratio among Transportation companies is 1.36, based on 1,002 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlueYield AB's current Quick Ratio of 27.15 is 1903.7% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on BlueYield AB and its competitors. For the Transportation industry, the median Quick Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlueYield AB's current Quick 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 Quick Ratio of 27.15. The current Quick Ratio is 27.15, which is near median its 10-year median of 25.66 and 1903.7% above the Transportation industry median of 1.36. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For BlueYield AB (NGM:SHIP), the current Quick 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.
12GF Score
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