Reach Subsea ASA

Reach Subsea ASAverified

REACH.OL

Price:

$6.53

Market Cap:

$2.14B

Reach Subsea ASA provides subsea services worldwide. The company operates in two segments, Oil & Gas and Renewable/Other. It offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance. The company also provides asset integrity/pipeline inspection services; survey services, including geophysical, geotechnical, UXO, environmental, hydrography, and archaeology; and engineering and project management services. In addition, it offers construction support services comprising vessel, remotely operated vehi...[Read more]

Industry

Oil & Gas Equipment & Services

IPO Date

2000-01-24

Stock Exchange

OSL

Ticker

REACH.OL

The Current Ratio as of December 2025 (TTM) for Reach Subsea ASA (REACH.OL) is 0.85

According to Reach Subsea ASA’s latest financial reports and current stock price. The company's current Current Ratio is 0.85. This represents a change of 7.60% compared to the average of 0.79 of the last 4 quarters.

Reach Subsea ASA (REACH.OL) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Reach Subsea ASA over the last ten years is 1.33. The current 0.85 Current Ratio has changed 6.26% with respect to the historical average. Over the past ten years (40 quarters), REACH.OL's Current Ratio was at its highest in in the March 2017 quarter at 3.76. The Current Ratio was at its lowest in in the June 2024 quarter at 0.68.

Quarterly (TTM)
Annual

Average

1.33

Median

1.29

Minimum

0.72

Maximum

2.05

Reach Subsea ASA (REACH.OL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Reach Subsea 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 = 100.84%

Maximum Annual Current Ratio = 2.05

Minimum Annual Increase = -42.27%

Minimum Annual Current Ratio = 0.72

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.72-22.62%
20230.93-33.20%
20221.3933.26%
20211.04-39.72%
20201.73100.84%
20190.86-27.43%
20181.18-42.27%
20172.058.37%
20161.8926.22%
20151.50-25.31%

Reach Subsea ASA (REACH.OL) Average Current Ratio

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

The current Current Ratio of Reach Subsea ASA (REACH.OL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.01

5-year avg

1.16

10-year avg

1.33

Reach Subsea ASA (REACH.OL) Current Ratio vs. Peers

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

Reach Subsea ASA’s Current Ratio is less than Odfjell Technology Ltd. (1.86), less than OKEA Asa (1.38), less than Panoro Energy ASA (1.92), greater than Northern Ocean Ltd. (0.27), less than Deep Value Driller AS (17.67), less than NorAm Drilling AS (1.98), less than Eidesvik Offshore ASA (1.27), less than Akastor ASA (2.19), greater than Prosafe SE (0.19), less than ABL Group ASA (1.37),

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