OTS.OL
Price:
$0.94
Market Cap:
$3.19M
Oceanteam ASA operates as a subsea and offshore services company in Europe. It provides equipment for offshore cable laying, umbilical installations, handling of subsea cables, and on- and offshore storage and transport. The company also rents turntables, tensioners, reels, demountable carousels, and other cable handling equipment. It serves renewable, and oil and gas industries. The company was formerly known as Oceanteam Shipping ASA and changed its name to Oceanteam ASA in December 2015. Oceanteam ASA was incorporated in 2005 and is headquartered in Bærum, Norway.
Industry
Marine Shipping
IPO Date
2007-02-08
Stock Exchange
OSL
Ticker
OTS.OL
According to Oceanteam ASA’s latest financial reports and current stock price. The company's current Current Ratio is 2.06. This represents a change of -53.16% compared to the average of 4.39 of the last 4 quarters.
The mean historical Current Ratio of Oceanteam ASA over the last ten years is 0.87. The current 2.06 Current Ratio has changed 23.45% with respect to the historical average. Over the past ten years (40 quarters), OTS.OL's Current Ratio was at its highest in in the June 2023 quarter at 14.65. The Current Ratio was at its lowest in in the December 2023 quarter at 0.
Average
0.87
Median
0.57
Minimum
0.15
Maximum
2.22
Discovering the peaks and valleys of Oceanteam 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 = 824.51%
Maximum Annual Current Ratio = 2.22
Minimum Annual Increase = -79.80%
Minimum Annual Current Ratio = 0.15
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 2.06 | -7.49% |
| 2021 | 2.22 | 824.51% |
| 2020 | 0.24 | -20.86% |
| 2019 | 0.30 | -14.42% |
| 2018 | 0.36 | -2.93% |
| 2017 | 0.37 | 136.44% |
| 2016 | 0.15 | -79.80% |
| 2015 | 0.77 | -22.42% |
| 2014 | 0.99 | -22.80% |
| 2013 | 1.28 | -55.18% |
The current Current Ratio of Oceanteam ASA (OTS.OL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.51
5-year avg
1.04
10-year avg
0.87
Oceanteam ASA’s Current Ratio is greater than Havila Shipping ASA (0.49), greater than Siem Offshore Inc. (0.61), greater than Eidesvik Offshore ASA (1.27), greater than Interoil Exploration and Production ASA (0.38), greater than Solstad Offshore ASA (1.00),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.49 | $313.69M | |
| 0.61 | $8.62B | |
| 1.27 | $897.69M | |
| 0.38 | $20.54M | |
| 1.00 | $3.52B |
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What is the Current Ratio?
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What is Oceanteam ASA's Current Ratio?
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What is the 3-year average Current Ratio for Oceanteam ASA (OTS.OL)?
What is the 5-year average Current Ratio for Oceanteam ASA (OTS.OL)?
How does the current Current Ratio for Oceanteam ASA (OTS.OL) compare to its historical average?