OceanPal Inc.

OceanPal Inc. - Current Ratioverified

OP

Price:

$6.01

Market Cap:

$11.39M

OceanPal Inc. provides ocean-going transportation services worldwide. It owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks, including steel products, cement, and fertilizers. As of December 31, 2023, the company’s fleet consists of three Panamax dry bulk carriers with a total cargo carrying capacity of approximately 223,546 dwt; and one MR2 product tanker vessel with a carrying capacity of 49,999 dwt. OceanPal Inc. was incorporated in 2021 and is based in Athens, Greece.

Industry

Marine Shipping

IPO Date

2021-09-01

Stock Exchange

NASDAQ

Ticker

OP

The Current Ratio as of August 2026 (TTM) for OceanPal Inc. (OP) is 13.35

According to OceanPal Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 13.35. This represents a change of 30.89% compared to the average of 10.20 of the last 4 quarters.

OceanPal Inc. (OP) Historical Current Ratio (quarterly & annually)

How has OP Current Ratio performed in the past?

The mean historical Current Ratio of OceanPal Inc. over the last ten years is 6.64. The current 13.35 Current Ratio has changed 19.99% with respect to the historical average. Over the past ten years (40 quarters), OP's Current Ratio was at its highest in in the September 2025 quarter at 13.35. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

6.64

Median

5.76

Minimum

2.25

Maximum

13.35

OceanPal Inc. (OP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of OceanPal Inc. 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 = 381.64%

Maximum Annual Current Ratio = 13.35

Minimum Annual Increase = -77.94%

Minimum Annual Current Ratio = 2.25

Quarterly (TTM)
Annual
YearCurrent RatioChange
202513.35381.64%
20242.77-68.39%
20238.7752.15%
20225.7667.66%
20213.4453.02%
20202.25-77.94%

OceanPal Inc. (OP) Average Current Ratio

How has OP Current Ratio performed in the past?

The current Current Ratio of OceanPal Inc. (OP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

8.30

5-year avg

6.82

10-year avg

6.64

OceanPal Inc. (OP) Current Ratio vs. Peers

How is OP’s Current Ratio compared to its peers?

OceanPal Inc.’s Current Ratio is greater than Icon Energy Corp. (2.57), greater than CDT Environmental Technology Investment Holdings Limited ordinary shares (1.46), greater than FBS Global Limited Ordinary Shares (1.60), greater than Galaxy Payroll Group Limited (2.39), greater than Antelope Enterprise Holdings Limited (2.89), greater than Founder Group Limited (1.16), greater than Iveda Solutions, Inc. (4.53), greater than Highway Holdings Limited (2.42), less than Intelligent Group Limited (27.28), greater than SKK Holdings Limited (0.74),

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