HAV Group ASAOSL:HAV 63 Quick Ratio is 0.97 as of Mar. 2026, which is 2% below its 10-year median of 0.99. 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 69.53% 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. HAV Group ASA's quick ratio for the quarter that ended in Mar. 2026 was 0.97.
HAV Group ASA has a quick ratio of 0.97. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for HAV Group ASA's Quick Ratio or its related term are showing as below:
OSL:HAV'
s Quick Ratio Range Over the Past 10 Years
Min: 0.83 Med: 0.99 Max: 1.33
Current: 0.97
During the past 9 years, HAV Group ASA's highest Quick Ratio was 1.33. The lowest was 0.83. And the median was 0.99.
OSL:HAV's Quick Ratio is ranked worse than 69.53% of 1001
companies
in the Transportation industry
Industry Median: 1.35
vs OSL:HAV: 0.97
HAV Group ASA (OSL:HAV) 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.
HAV Group ASA Quick Ratio Related Terms
HAV Group ASA Quick Ratio Historical Data
* Premium members only.
The historical data trend for HAV Group ASA'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.
For the Marine Shipping subindustry, HAV Group ASA'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.
HAV Group ASA Quick Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, HAV Group ASA's Quick Ratio distribution charts can be found below:
* The bar in red indicates where HAV Group ASA'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.
HAV Group ASA'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.
HAV Group ASA (OSL:HAV) has a Quick Ratio of 0.97 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on HAV Group ASA and its competitors. This is near median its historical median of 0.99. Over the past decade, HAV Group ASA's Quick Ratio has ranged from 0.83 to 1.33. According to the industry distribution chart, HAV Group ASA ranks #696 out of 1001 companies in the Transportation industry, placing it in the top 69.5%.
Is HAV Group ASA's Quick Ratio too high?
HAV Group ASA's current Quick Ratio of 0.97 is near median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.33. The Transportation industry median Quick Ratio is 1.35. HAV Group ASA's value of 0.97 is 28.1% below this industry median. Based on the distribution chart, HAV Group ASA ranks #696 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 Quick Ratio compare to competitors?
According to the Transportation industry distribution chart, HAV Group ASA ranks #696 out of 1001 companies for Quick Ratio. This places HAV Group ASA in the lower half of its industry. The industry median Quick Ratio is 1.35. HAV Group ASA's value of 0.97 is 28.1% below this benchmark. Historically, HAV Group ASA's own Quick Ratio has ranged from 0.83 to 1.33 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.35, 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 Quick Ratio for a Transportation company?
The median Quick Ratio among Transportation companies is 1.35, based on 1,001 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. HAV Group ASA's current Quick Ratio of 0.97 is 28.1% 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 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 HAV Group ASA and its competitors. For the Transportation industry, the median Quick Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HAV Group ASA's current Quick Ratio is 0.97, which is near median its own 10-year median of 0.99. 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 Quick Ratio is 0.97, which is near median its 10-year median of 0.99 and 28.1% below the Transportation industry median of 1.35. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For HAV Group ASA (OSL:HAV), the current Quick Ratio is 0.97 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:
Quick Ratio: 0.97 (near median its 10-year median of 0.99)
GF Value™: kr12.47 vs. price of kr13.50 (8.3% above fair value)
Industry Position: 28.1% below the Transportation median (#696 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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