Solstad Offshore ASA

Solstad Offshore ASAverified

SOFF.OL

Price:

$32.98

Market Cap:

$2.72B

Solstad Offshore ASA operates offshore service and construction vessels for offshore and renewable energy industry worldwide. It provides platform supply vessel, anchor handling vessel, subsea construction, and renewable energy services. The company offers subsea construction and renewable energy services, such as geotechnical work, walk to work services, grouting, SURF operations, deep sea mining, cable laying and repair, trenching and burial, ROV support, installation of subsea equipment, survey work, IMR operations, node seismic operations, and diving and topside maintenance work. It operates a fleet of 25 construction service vessels, 26 anchor handling tug support vessels, and 45 platfo...[Read more]

Industry

Marine Shipping

IPO Date

2000-01-03

Stock Exchange

OSL

Ticker

SOFF.OL

The Current Ratio as of November 2024 (TTM) for Solstad Offshore ASA (SOFF.OL) is 1.05

According to Solstad Offshore ASA’s latest financial reports and current stock price. The company's current Current Ratio is 1.05. This represents a change of 75.11% compared to the average of 0.60 of the last 4 quarters.

Solstad Offshore ASA (SOFF.OL) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Solstad Offshore ASA over the last ten years is 1.00. The current 1.05 Current Ratio has changed 10.35% with respect to the historical average. Over the past ten years (40 quarters), SOFF.OL's Current Ratio was at its highest in in the December 2016 quarter at 2.95. The Current Ratio was at its lowest in in the June 2020 quarter at 0.09.

Quarterly (TTM)
Annual

Average

1.00

Median

0.92

Minimum

0.10

Maximum

2.95

Solstad Offshore ASA (SOFF.OL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Solstad Offshore 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 = 756.25%

Maximum Annual Current Ratio = 2.95

Minimum Annual Increase = -94.23%

Minimum Annual Current Ratio = 0.10

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.11-90.98%
20221.1816.20%
20211.0222.10%
20200.83756.25%
20190.10-10.74%
20180.11-94.23%
20171.89-35.98%
20162.95357.68%
20150.64-46.10%
20141.2011.87%

Solstad Offshore ASA (SOFF.OL) Average Current Ratio

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

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

3-year avg

0.77

5-year avg

0.65

10-year avg

1.00

Solstad Offshore ASA (SOFF.OL) Current Ratio vs. Peers

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

Solstad Offshore ASA’s Current Ratio is greater than Siem Offshore Inc. (0.62), greater than Havila Shipping ASA (0.20), greater than PGS ASA (0.84), less than Prosafe SE (2.29), less than Eidesvik Offshore ASA (1.78),

CompanyCurrent RatioMarket cap
0.62$8.62B
0.20$62.77M
0.84$8.61B
2.29$345.22M
1.78$975.06M

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