Belships ASA

Belships ASAverified

BELCO.OL

Price:

$18.28

Market Cap:

$4.62B

Belships ASA owns and operates dry bulk ships worldwide. It operates through Own Ships, Lighthouse Naviagtion, and Ship Management segments. The company operates a fleet of 34 Supra/Ultramax bulk carriers. It also provides commercial and ship management, technical, crewing, port agency, and logistical services. The company was founded in 1918 and is headquartered in Oslo, Norway.[Read more]

Industry

Marine Shipping

IPO Date

2000-01-03

Stock Exchange

OSL

Ticker

BELCO.OL

The Current Ratio as of November 2024 (TTM) for Belships ASA (BELCO.OL) is 2.25

According to Belships ASA’s latest financial reports and current stock price. The company's current Current Ratio is 2.25. This represents a change of 0.94% compared to the average of 2.23 of the last 4 quarters.

Belships ASA (BELCO.OL) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Belships ASA over the last ten years is 1.63. The current 2.25 Current Ratio has changed 13.71% with respect to the historical average. Over the past ten years (40 quarters), BELCO.OL's Current Ratio was at its highest in in the March 2024 quarter at 2.30. The Current Ratio was at its lowest in in the September 2022 quarter at 1.19.

Quarterly (TTM)
Annual

Average

1.63

Median

1.59

Minimum

0.97

Maximum

2.26

Belships ASA (BELCO.OL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Belships 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 = 129.72%

Maximum Annual Current Ratio = 2.26

Minimum Annual Increase = -35.04%

Minimum Annual Current Ratio = 0.97

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.2655.26%
20221.45-19.24%
20211.8052.99%
20201.18-31.88%
20191.7319.03%
20181.45-35.04%
20172.23129.72%

Belships ASA (BELCO.OL) Average Current Ratio

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

The current Current Ratio of Belships ASA (BELCO.OL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.84

5-year avg

1.68

10-year avg

1.63

Belships ASA (BELCO.OL) Current Ratio vs. Peers

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

Belships ASA’s Current Ratio is

CompanyCurrent RatioMarket cap

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