Voim ASA (FRA:E2M) Cash Ratio: 2.22 (As of Dec. 2025) — 252% Above Median

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FRA:E2M Voim ASA FRA:E2M
35 GF Score
Price €0.04
GF Value €0.01
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Voim ASA Cash Ratio?

Voim ASA FRA:E2M -10.53% 35 Cash Ratio is 2.22 as of Dec. 2025, which is 252% above its 10-year median of 0.63. GuruFocus rates FRA:E2M with a GF Score™ of 35/100 and a GF Value™ of €0.01 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 968 Oil & Gas companies, Voim ASA ranks better than 83.78% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Voim ASA's Cash Ratio for the quarter that ended in Dec. 2025 was 2.22.

Voim ASA has a Cash Ratio of 2.22. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Voim ASA's Cash Ratio or its related term are showing as below:

FRA:E2M' s Cash Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.63   Max: 2.22
Current: 2.22

During the past 13 years, Voim ASA's highest Cash Ratio was 2.22. The lowest was 0.30. And the median was 0.63.

FRA:E2M's Cash Ratio is ranked better than
83.78% of 968 companies
in the Oil & Gas industry
Industry Median: 0.46 vs FRA:E2M: 2.22

Voim ASA  (FRA:E2M) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Voim ASA Cash Ratio Related Terms


Voim ASA Cash Ratio Historical Data

* Premium members only.

The historical data trend for Voim ASA's Cash Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Voim ASA Cash Ratio Chart

Voim ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.79 1.38 0.35 2.22

Voim ASA Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.21 0.49 0.42 2.22

FRA:E2M vs SLB, BKR, FTI: Cash Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Voim ASA's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Voim ASA Cash Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Voim ASA's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Voim ASA's Cash Ratio falls into.


FRA:E2M
35GF Score
Voim ASA FRA:E2M
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Voim ASA Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Voim ASA's Cash Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Cash Ratio (A: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=2.661/1.196
=2.22

Voim ASA's Cash Ratio for the quarter that ended in Dec. 2025 is calculated as:

Cash Ratio (Q: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=2.661/1.196
=2.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 2.22 mean?
Voim ASA (FRA:E2M) has a Cash Ratio of 2.22 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Voim ASA and its competitors. This is 252% above median its historical median of 0.63. Over the past decade, Voim ASA's Cash Ratio has ranged from 0.30 to 2.22. According to the industry distribution chart, Voim ASA ranks #157 out of 968 companies in the Oil & Gas industry, placing it in the top 16.2%.
Is Voim ASA's Cash Ratio too high?
Voim ASA's current Cash Ratio of 2.22 is 252% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 2.22. The Oil & Gas industry median Cash Ratio is 0.46. Voim ASA's value of 2.22 is 382.6% above this industry median. Based on the distribution chart, Voim ASA ranks #157 out of 968 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Voim ASA has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Voim ASA's Cash Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Voim ASA ranks #157 out of 968 companies for Cash Ratio. This places Voim ASA in the top 16% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.46. Voim ASA's value of 2.22 is 382.6% above this benchmark. Historically, Voim ASA's own Cash Ratio has ranged from 0.30 to 2.22 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.46, Voim ASA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Oil & Gas company?
The median Cash Ratio among Oil & Gas companies is 0.46, based on 968 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Voim ASA's current Cash Ratio of 2.22 is 382.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Voim ASA and its competitors. For the Oil & Gas industry, the median Cash Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voim ASA's current Cash Ratio is 2.22, which is 252% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voim ASA stock overvalued right now?
Based on GuruFocus' analysis, Voim ASA (FRA:E2M) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €0.04 — trading 342% above its estimated fair value. The current Cash Ratio is 2.22, which is 252% above median its 10-year median of 0.63 and 382.6% above the Oil & Gas industry median of 0.46. Voim ASA's overall GF Score™ is 35/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Voim ASA (FRA:E2M), the current Cash Ratio is 2.22 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Voim ASA (FRA:E2M) Overvalued in 2026?

Based on GuruFocus' analysis, Voim ASA stock appears to be overvalued. The current stock price of €0.04 is trading 342% above its estimated GF Value™ of €0.01. GuruFocus considers Voim ASA to be Significantly Overvalued.

Key valuation signals for FRA:E2M:

  • Cash Ratio: 2.22 (252% above median its 10-year median of 0.63)
  • GF Value™: €0.01 vs. price of €0.04 (342% above fair value)
  • GF Score™: 35/100 with 6 warning signs
  • Industry Position: 382.6% above the Oil & Gas median (#157 of 968)

No single metric tells the full story. See the FRA:E2M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Voim ASA Business Description

Industry EnergyOil & Gas
Address Karenslyst Alle 4, 4th Floor, Oslo, NOR, 0278
ElectroMagnetic GeoServices ASA is a company engaged in offering electromagnetic services. The company uses the electromagnetic survey method to locate hydrocarbons in offshore reservoirs. The company's focus is on planning, acquisition, processing, modeling, interpretation, and integration of electromagnetic data. Oil and gas companies, as well as other customers, utilize its services to determine whether an offshore area is suitable for the commercial production of hydrocarbons. The company operates in Europe, the Middle East, and Africa, Norway, North and South America, Asia, and the Pacific Ocean. The majority of their revenue is generated from Asia and the Pacific Ocean. It makes money through proprietary contract sales and multi-client sales.
35GF Score

Get the complete analysis for FRA:E2M

Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.04
Price
€0.01
GF Value