Aker ASA (FRA:FKM) Cash Ratio: 0.40 (As of Jun. 2026) — 25% Below Median

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FRA:FKM Aker ASA FRA:FKM
67 GF Score
Price €145.60
GF Value €89.66
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Aker ASA Cash Ratio?

Aker ASA FRA:FKM -4.59% 67 Cash Ratio is 0.40 as of Jun. 2026, which is 25% below its 10-year median of 0.53. GuruFocus rates FRA:FKM with a GF Score™ of 67/100 and a GF Value™ of €89.66 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 542 Conglomerates companies, Aker ASA ranks better than 52.21% 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. Aker ASA's Cash Ratio for the quarter that ended in Jun. 2026 was 0.40.

Aker ASA has a Cash Ratio of 0.40. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

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

FRA:FKM' s Cash Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.53   Max: 1.59
Current: 0.4

During the past 13 years, Aker ASA's highest Cash Ratio was 1.59. The lowest was 0.36. And the median was 0.53.

FRA:FKM's Cash Ratio is ranked better than
52.21% of 542 companies
in the Conglomerates industry
Industry Median: 0.38 vs FRA:FKM: 0.40

Aker ASA  (FRA:FKM) 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.


Aker ASA Cash Ratio Related Terms


Aker ASA Cash Ratio Historical Data

* Premium members only.

The historical data trend for Aker 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.

Aker ASA Cash Ratio Chart

Aker 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 1.42 1.29 0.79 1.25 0.36

Aker ASA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 1.06 1.25 0.58 0.36 0.40

FRA:FKM vs MMM, HON: Cash Ratio Comparison

For the Conglomerates subindustry, Aker 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.


Aker ASA Cash Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aker ASA's Cash Ratio distribution charts can be found below:

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


FRA:FKM
67GF Score
Aker ASA FRA:FKM
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aker 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.

Aker 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
=243.097/666.51
=0.36

Aker ASA's Cash Ratio for the quarter that ended in Jun. 2026 is calculated as:

Cash Ratio (Q: Jun. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=280.617/696.469
=0.40

* 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 0.40 mean?
Aker ASA (FRA:FKM) has a Cash Ratio of 0.40 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Aker ASA and its competitors. This is 25% below median its historical median of 0.53. Over the past decade, Aker ASA's Cash Ratio has ranged from 0.36 to 1.59. According to the industry distribution chart, Aker ASA ranks #259 out of 542 companies in the Conglomerates industry, placing it in the top 47.8%.
Is Aker ASA's Cash Ratio too high?
Aker ASA's current Cash Ratio of 0.40 is 25% below median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.59. The Conglomerates industry median Cash Ratio is 0.38. Aker ASA's value of 0.40 is 5.3% above this industry median. Based on the distribution chart, Aker ASA ranks #259 out of 542 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Aker ASA has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aker ASA's Cash Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Aker ASA ranks #259 out of 542 companies for Cash Ratio. This puts Aker ASA in the upper half of its industry. The industry median Cash Ratio is 0.38. Aker ASA's value of 0.40 is 5.3% above this benchmark. Historically, Aker ASA's own Cash Ratio has ranged from 0.36 to 1.59 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.38, Aker 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 a Conglomerates company?
The median Cash Ratio among Conglomerates companies is 0.38, based on 542 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. Aker ASA's current Cash Ratio of 0.40 is 5.3% 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 Aker ASA and its competitors. For the Conglomerates industry, the median Cash Ratio is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aker ASA's current Cash Ratio is 0.40, which is 25% below median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aker ASA stock overvalued right now?
Based on GuruFocus' analysis, Aker ASA (FRA:FKM) is currently considered Significantly Overvalued. The stock's GF Value™ is €89.66, compared to a current price of €145.60 — trading 62.4% above its estimated fair value. The current Cash Ratio is 0.40, which is 25% below median its 10-year median of 0.53 and 5.3% above the Conglomerates industry median of 0.38. Aker ASA's overall GF Score™ is 67/100 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 Aker ASA (FRA:FKM), the current Cash Ratio is 0.40 as of Jun. 2026. 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 Aker ASA (FRA:FKM) Overvalued in 2026?

Based on GuruFocus' analysis, Aker ASA stock appears to be overvalued. The current stock price of €145.60 is trading 62.4% above its estimated GF Value™ of €89.66. GuruFocus considers Aker ASA to be Significantly Overvalued.

Key valuation signals for FRA:FKM:

  • Cash Ratio: 0.40 (25% below median its 10-year median of 0.53)
  • GF Value™: €89.66 vs. price of €145.60 (62.4% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 5.3% above the Conglomerates median (#259 of 542)

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


Aker ASA Business Description

Address Oksenoyveien 10, Lysaker, Oslo, NOR, 1326
Aker ASA is an industrial investment company that develops businesses and exercises active ownership to create value for its shareholders and society at large. The portfolio has focused on companies in oil and gas, maritime assets, seafood/marine biotechnology, and real estate sectors. The company's investment portfolio comprises two segments: Industrial holdings and Financial investments. The primary focus for businesses within Industrial holdings is long-term value creation. Businesses within Financial investments are managed as a portfolio with a focus on financial and strategic opportunities. The company generates the majority of its revenue from Industrial holdings. Geographically, the company generates the majority of its revenue from Norway.
67GF Score

Get the complete analysis for FRA:FKM

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

€145.60
Price
€89.66
GF Value