OKEA ASA

OKEA ASAverified

OKEA.OL

Price:

$21.32

Market Cap:

$2.22B

OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. It holds 44.56% interests in Draugen, 12% interests in Gjøa, 2.77% interests in Ivar Aasen, and 15% interests in Yme assets. The company was incorporated in 2015 and is headquartered in Trondheim, Norway.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2019-06-18

Stock Exchange

OSL

Ticker

OKEA.OL

The Current Ratio as of November 2024 (TTM) for OKEA ASA (OKEA.OL) is 1.30

According to OKEA ASA’s latest financial reports and current stock price. The company's current Current Ratio is 1.30. This represents a change of 24.71% compared to the average of 1.04 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 2.95. The current 1.30 Current Ratio has changed 4.31% 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

2.95

Median

1.39

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 = -90.84%

Minimum Annual Current Ratio = 0.82

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.82-35.80%
20221.28-37.26%
20212.034.12%
20201.9540.75%
20191.399.38%
20181.27-90.84%
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 less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.38

5-year avg

1.49

10-year avg

2.95

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

CompanyCurrent RatioMarket cap

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Frequently asked questions❓

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