Himalaya Shipping (HSHP.OL) Quick Ratio

Price: $60.6
Market Cap: $2.66B
Avg Volume: 147.67K
Country: BM
Industry: Marine Shipping
Sector: Industrials
Beta: 0.896
52W Range: $49.05-103.6
Website: Himalaya Shipping

Himalaya Shipping Quick Ratio

  • Annual: 0.71
  • Quarterly: 0.71
  • TTM: 0.71

What is the Quick Ratio?

The quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets. It excludes inventory from current assets, providing a more stringent measure than the current ratio.

Related Metrics

Other important metrics to assess Himalaya Shipping's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 0.75
    • Quarterly: 0.75
    • TTM: 0.75
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.54
    • Quarterly: 0.54
    • TTM: 0.54

These metrics provide insights into Himalaya Shipping's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Quick Ratio

0.71

Quarterly Quick Ratio

0.71

TTM Quick Ratio

0.71

Himalaya Shipping Historical Quick Ratio
16.0016.0012.0012.008.008.004.004.000.000.00Quick Ratio20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Historical Current Ratio
16.0016.0012.0012.008.008.004.004.000.000.00Current Ratio20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Historical Cash Ratio
16.0016.0012.0012.008.008.004.004.000.000.00Cash Ratio20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025

Himalaya Shipping Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Quick Ratio Current Ratio Cash Ratio
2024 0.71 0.75 0.54
2023 1.27 1.30 1.01
2022 0.07 0.07 0.01
2021 14.13 14.13 14.13

Related Metrics

Explore detailed financial metrics and analysis for HSHP.OL.