GLOBOFFS.NS
Price:
$7.75
Market Cap:
$1.95B
Global Offshore Services Limited engages in the charter of offshore support vessels in India, the North Sea, Brazil, and West Africa. Its vessels provide support services for oil and gas exploration activities, including transporting personnel to rigs/platforms from onshore bases; delivering cargo/material to rigs/platforms; anchor handling; and towing of rigs, as well as provides support services for offshore/underwater construction projects. The company was formerly known as Garware Offshore Services Limited and changed its name to Global Offshore Services Limited in March 2011. Global Offshore Services Limited was incorporated in 1976 and is based in Mumbai, India.
Industry
Marine Shipping
IPO Date
2007-05-03
Stock Exchange
NSE
Ticker
GLOBOFFS.NS
According to Global Offshore Services Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.96. This represents a change of 30.84% compared to the average of 0.73 of the last 4 quarters.
The mean historical Current Ratio of Global Offshore Services Limited over the last ten years is 0.50. The current 0.96 Current Ratio has changed 18.95% with respect to the historical average. Over the past ten years (40 quarters), GLOBOFFS.NS's Current Ratio was at its highest in in the March 2025 quarter at 1.98. The Current Ratio was at its lowest in in the June 2015 quarter at 0.
Average
0.50
Median
0.29
Minimum
0.06
Maximum
1.98
Discovering the peaks and valleys of Global Offshore Services Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 368.60%
Maximum Annual Current Ratio = 1.98
Minimum Annual Increase = -61.48%
Minimum Annual Current Ratio = 0.06
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.98 | 368.60% |
| 2024 | 0.42 | 68.58% |
| 2023 | 0.25 | 335.24% |
| 2022 | 0.06 | -27.12% |
| 2021 | 0.08 | -39.56% |
| 2020 | 0.13 | -14.56% |
| 2019 | 0.15 | -54.37% |
| 2018 | 0.33 | -61.48% |
| 2017 | 0.87 | 12.40% |
| 2016 | 0.77 | -29.44% |
The current Current Ratio of Global Offshore Services Limited (GLOBOFFS.NS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.88
5-year avg
0.56
10-year avg
0.50
Global Offshore Services Limited’s Current Ratio is less than Raunaq EPC International Limited (1.64), greater than Bil Energy Systems Ltd. (0.31), greater than Metalyst Forgings Limited (0.04), greater than EMCO Limited (0.79), greater than PBA Infrastructure Limited (0), less than Eon Electric Ltd (1.76), less than Spice Islands Apparels Limited (0), greater than Unity Infraprojects Ltd. (0.54), less than Reetech International Cargo & Courier Ltd. (2.85), less than Janus Corporation Limited (2.55),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.64 | $161.41M | |
| 0.31 | $139.53M | |
| 0.04 | $178.56M | |
| 0.79 | $132.42M | |
| 0 | $174.16M | |
| 1.76 | $117.81M | |
| 0 | $179.09M | |
| 0.54 | $102.75M | |
| 2.85 | $145.62M | |
| 2.55 | $117.58M |
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