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Icelandair Group hfOISE:ICEAIR 55 Cash Ratio is 0.44 as of Jun. 2026, which is at its 10-year median of 0.44. GuruFocus rates OISE:ICEAIR with a GF Score™ of 55/100 and a GF Value™ of kr1.33 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,000 Transportation companies, Icelandair Group hf ranks worse than 54% on this metric.
Icelandair Group hf has a Cash Ratio of 0.44. 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 Icelandair Group hf's Cash Ratio or its related term are showing as below:
OISE:ICEAIR'
s Cash Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.44 Max: 0.56
Current: 0.44
During the past 13 years, Icelandair Group hf's highest Cash Ratio was 0.56. The lowest was 0.19. And the median was 0.44.
OISE:ICEAIR's Cash Ratio is ranked worse than 54% of 1000
companies
in the Transportation industry
Industry Median: 0.5
vs OISE:ICEAIR: 0.44
Icelandair Group hf (OISE:ICEAIR) 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.
Icelandair Group hf Cash Ratio Related Terms
Icelandair Group hf Cash Ratio Historical Data
* Premium members only.
The historical data trend for Icelandair Group hf'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.
OISE:ICEAIR vs DAL, UAL, LUV: Cash Ratio Comparison
For the Airlines subindustry, Icelandair Group hf'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.
Icelandair Group hf Cash Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Icelandair Group hf's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Icelandair Group hf's Cash Ratio falls into.
* 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.
Icelandair Group hf (OISE:ICEAIR) has a Cash Ratio of 0.44 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Icelandair Group hf and its competitors. This is near median its historical median of 0.44. Over the past decade, Icelandair Group hf's Cash Ratio has ranged from 0.19 to 0.56. According to the industry distribution chart, Icelandair Group hf ranks #540 out of 1000 companies in the Transportation industry, placing it in the top 54%.
Is Icelandair Group hf's Cash Ratio too high?
Icelandair Group hf's current Cash Ratio of 0.44 is near median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.56. The Transportation industry median Cash Ratio is 0.50. Icelandair Group hf's value of 0.44 is 12% below this industry median. Based on the distribution chart, Icelandair Group hf ranks #540 out of 1000 companies in the Transportation industry, which is below the industry midpoint. Overall, Icelandair Group hf has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Icelandair Group hf's Cash Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Icelandair Group hf ranks #540 out of 1000 companies for Cash Ratio. This places Icelandair Group hf in the lower half of its industry. The industry median Cash Ratio is 0.50. Icelandair Group hf's value of 0.44 is 12% below this benchmark. Historically, Icelandair Group hf's own Cash Ratio has ranged from 0.19 to 0.56 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.50, Icelandair Group hf has consistently been below 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 Transportation company?
The median Cash Ratio among Transportation companies is 0.50, based on 1,000 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. Icelandair Group hf's current Cash Ratio of 0.44 is 12% below 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 Icelandair Group hf and its competitors. For the Transportation industry, the median Cash Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icelandair Group hf's current Cash Ratio is 0.44, which is near median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icelandair Group hf stock overvalued right now?
Based on GuruFocus' analysis, Icelandair Group hf (OISE:ICEAIR) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.33, compared to a current price of kr0.70 — trading 47.4% below its estimated fair value. The current Cash Ratio is 0.44, which is near median its 10-year median of 0.44 and 12% below the Transportation industry median of 0.50. Icelandair Group hf's overall GF Score™ is 55/100 with 3 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 Icelandair Group hf (OISE:ICEAIR), the current Cash Ratio is 0.44 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 Icelandair Group hf (OISE:ICEAIR) Overvalued in 2026?
Based on GuruFocus' analysis, Icelandair Group hf stock appears to be undervalued.
The current stock price of kr0.70 is trading 47.4% below its estimated GF Value™ of kr1.33.
GuruFocus considers Icelandair Group hf to be Possible Value Trap.
Key valuation signals for OISE:ICEAIR:
Cash Ratio: 0.44 (near median its 10-year median of 0.44)
GF Value™: kr1.33 vs. price of kr0.70 (47.4% below fair value)
Industry Position: 12% below the Transportation median (#540 of 1000)
No single metric tells the full story. See the OISE:ICEAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Icelandair Group hf operates in the international airline sector. Its segment is the Route network, which generates maximum revenue and provides passenger air travel to, from, via, and within Iceland. The Cargo operation offers air-freight services to, from, via, and within Iceland by utilizing capacity within the aircraft of the Icelandair passenger network as well as its own freighter and The Leasing operation, provided by Loftleioir-Icelandic ehf., offers aircraft leasing and consulting services to international passenger airlines and tour operators. The Group operates in North America, which generates maximum revenue, as well as Europe, Iceland, and other regions.
55GF Score
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