OKEA Asa

OKEA Asa - Current Ratioverified

OKEA.OL

Price:

$39.7

Market Cap:

$448.04M

OKEA ASA is an energy company operating on the Norwegian continental shelf, primarily engaged in the exploration, development, and production of oil and gas. The company holds substantial participating interests in several key assets, including a 44.56% stake in Draugen, 12% in Gjøa, 2.77% in Ivar Aasen, and 15% in Yme. Founded in 2015, its corporate headquarters are located in Trondheim, Norway.

Industry

Oil & Gas Exploration & Production

IPO Date

2019-06-18

Stock Exchange

OSL

Ticker

OKEA.OL

The Current Ratio as of September 2026 (TTM) for OKEA Asa (OKEA.OL) is 1.47

According to OKEA Asa’s latest financial reports and current stock price. The company's current Current Ratio is 1.47. This represents a change of 2.01% compared to the average of 1.44 of the last 4 quarters.

OKEA Asa (OKEA.OL) Historical Current Ratio (quarterly & annually)

How has OKEA.OL Current Ratio performed in the past?

The mean historical Current Ratio of OKEA Asa over the last ten years is 2.64. The current 1.47 Current Ratio has changed 5.47% with respect to the historical average. Over the past ten years (40 quarters), OKEA.OL's Current Ratio was at its highest in in the June 2018 quarter at 18.54. The Current Ratio was at its lowest in in the December 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

2.64

Median

1.35

Minimum

0.82

Maximum

13.86

OKEA Asa (OKEA.OL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of OKEA Asa 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 = 1.25%

Maximum Annual Current Ratio = 13.86

Minimum Annual Increase = -90.79%

Minimum Annual Current Ratio = 0.82

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.4913.32%
20241.3159.88%
20230.82-35.80%
20221.28-37.26%
20212.034.12%
20201.9540.75%
20191.398.75%
20181.28-90.79%
201713.861.25%
20161.03-64.77%

OKEA Asa (OKEA.OL) Average Current Ratio

How has OKEA.OL Current Ratio performed in the past?

The current Current Ratio of OKEA Asa (OKEA.OL) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.21

5-year avg

1.39

10-year avg

2.64

OKEA Asa (OKEA.OL) Current Ratio vs. Peers

How is OKEA.OL’s Current Ratio compared to its peers?

OKEA Asa’s Current Ratio is greater than Northern Ocean Ltd. (0.37), greater than Panoro Energy ASA (1.23), greater than Deep Value Driller AS (1.23), less than Odfjell Technology Ltd. (1.82), greater than Reach Subsea ASA (1.01), greater than Questerre Energy Corporation (0.82), less than NorAm Drilling AS (1.53), greater than Prosafe SE (1.41), less than Eidesvik Offshore ASA (1.64), less than ABL Group ASA (2.29),

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