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Norse Atlantic ASAOSL:NORSE +4.71%29 Cash Ratio is 0.01 as of Mar. 2026, which is 83% below its 10-year median of 0.06. GuruFocus rates OSL:NORSE with a GF Score™ of 29/100 and a GF Value™ of kr3.26 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 992 Transportation companies, Norse Atlantic ASA ranks worse than 98.39% on this metric.
Norse Atlantic ASA has a Cash Ratio of 0.01. 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 Norse Atlantic ASA's Cash Ratio or its related term are showing as below:
OSL:NORSE'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 187.89
Current: 0.01
During the past 5 years, Norse Atlantic ASA's highest Cash Ratio was 187.89. The lowest was 0.01. And the median was 0.06.
OSL:NORSE's Cash Ratio is ranked worse than 98.39% of 992
companies
in the Transportation industry
Industry Median: 0.51
vs OSL:NORSE: 0.01
Norse Atlantic ASA (OSL:NORSE) 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.
Norse Atlantic ASA Cash Ratio Related Terms
Norse Atlantic ASA Cash Ratio Historical Data
* Premium members only.
The historical data trend for Norse Atlantic 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.
For the Airlines subindustry, Norse Atlantic 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.
Norse Atlantic ASA Cash Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Norse Atlantic ASA's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Norse Atlantic ASA'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.
Norse Atlantic ASA (OSL:NORSE) has a Cash Ratio of 0.01 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Norse Atlantic ASA and its competitors. This is 83% below median its historical median of 0.06. Over the past decade, Norse Atlantic ASA's Cash Ratio has ranged from 0.01 to 187.89. According to the industry distribution chart, Norse Atlantic ASA ranks #976 out of 992 companies in the Transportation industry, placing it in the top 98.4%.
Is Norse Atlantic ASA's Cash Ratio too high?
Norse Atlantic ASA's current Cash Ratio of 0.01 is 83% below median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 187.89. The Transportation industry median Cash Ratio is 0.51. Norse Atlantic ASA's value of 0.01 is 98% below this industry median. Based on the distribution chart, Norse Atlantic ASA ranks #976 out of 992 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Norse Atlantic ASA has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Norse Atlantic ASA's Cash Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Norse Atlantic ASA ranks #976 out of 992 companies for Cash Ratio. This places Norse Atlantic ASA in the lower half of its industry. The industry median Cash Ratio is 0.51. Norse Atlantic ASA's value of 0.01 is 98% below this benchmark. Historically, Norse Atlantic ASA's own Cash Ratio has ranged from 0.01 to 187.89 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 0.51, Norse Atlantic ASA 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 0.51, based on 992 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. Norse Atlantic ASA's current Cash Ratio of 0.01 is 98% 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 Norse Atlantic ASA and its competitors. For the Transportation industry, the median Cash Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norse Atlantic ASA's current Cash Ratio is 0.01, which is 83% below median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norse Atlantic ASA stock overvalued right now?
Based on GuruFocus' analysis, Norse Atlantic ASA (OSL:NORSE) is currently considered Possible Value Trap. The stock's GF Value™ is kr3.26, compared to a current price of kr0.40 — trading 87.7% below its estimated fair value. The current Cash Ratio is 0.01, which is 83% below median its 10-year median of 0.06 and 98% below the Transportation industry median of 0.51. Norse Atlantic ASA's overall GF Score™ is 29/100 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 Norse Atlantic ASA (OSL:NORSE), the current Cash Ratio is 0.01 as of Mar. 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 Norse Atlantic ASA (OSL:NORSE) Overvalued in 2026?
Based on GuruFocus' analysis, Norse Atlantic ASA stock appears to be undervalued.
The current stock price of kr0.40 is trading 87.7% below its estimated GF Value™ of kr3.26.
GuruFocus considers Norse Atlantic ASA to be Possible Value Trap.
Key valuation signals for OSL:NORSE:
Cash Ratio: 0.01 (83% below median its 10-year median of 0.06)
GF Value™: kr3.26 vs. price of kr0.40 (87.7% below fair value)
Industry Position: 98% below the Transportation median (#976 of 992)
No single metric tells the full story. See the OSL:NORSE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norse Atlantic ASA is an airline offering affordable fares on direct, long-haul flights to popular destinations, along with specialized charter and ACMI services for tailored travel needs and extensive cargo operations. It operates a modern fleet of various fuel-efficient Boeing 787 Dreamliners, serving a network of destinations across North America, Europe, Africa, and Asia. Norse also provides charter flights for third parties, particularly during the lower-demand winter season. The company derives the majority of its revenue from passenger airfare income, followed by ancillary passenger income, lease rentals, charter income, and other sources. Geographically, it generates maximum revenue from the United States, and the rest from the United Kingdom, the Rest of Europe, Norway, and India.
29GF Score
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