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Nordic Technology Group AS 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 Nordic Technology Group AS's Cash Ratio or its related term are showing as below:
OSL:NTG'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 1.51
Current: 0.01
During the past 5 years, Nordic Technology Group AS's highest Cash Ratio was 1.51. The lowest was 0.01. And the median was 0.10.
OSL:NTG's Cash Ratio is ranked worse than 98.95% of 2476
companies
in the Hardware industry
Industry Median: 0.57
vs OSL:NTG: 0.01
Nordic Technology Group AS (OSL:NTG) 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.
Nordic Technology Group AS Cash Ratio Related Terms
Nordic Technology Group AS Cash Ratio Historical Data
* 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.
OSL:NTG vs GRMN, COHR, KEYS: Cash Ratio Comparison
For the Scientific & Technical Instruments subindustry, Nordic Technology Group AS'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.
Nordic Technology Group AS Cash Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Nordic Technology Group AS's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Nordic Technology Group AS'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.
Nordic Technology Group AS (OSL:NTG) has a Cash Ratio of 0.01 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Nordic Technology Group AS and its competitors. This is 90% below median its historical median of 0.10. Over the past decade, Nordic Technology Group AS's Cash Ratio has ranged from 0.01 to 1.51. According to the industry distribution chart, Nordic Technology Group AS ranks #2450 out of 2476 companies in the Hardware industry, placing it in the top 98.9%.
Is Nordic Technology Group AS's Cash Ratio too high?
Nordic Technology Group AS's current Cash Ratio of 0.01 is 90% below median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.51. The Hardware industry median Cash Ratio is 0.57. Nordic Technology Group AS's value of 0.01 is 98.2% below this industry median. Based on the distribution chart, Nordic Technology Group AS ranks #2450 out of 2476 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Nordic Technology Group AS has a GF Score™ of 37/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nordic Technology Group AS's Cash Ratio compare to GRMN and COHR?
According to the Hardware industry distribution chart, Nordic Technology Group AS ranks #2450 out of 2476 companies for Cash Ratio. This places Nordic Technology Group AS in the lower half of its industry. The industry median Cash Ratio is 0.57. Nordic Technology Group AS's value of 0.01 is 98.2% below this benchmark. Historically, Nordic Technology Group AS's own Cash Ratio has ranged from 0.01 to 1.51 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 0.57, Nordic Technology Group AS 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 Hardware company?
The median Cash Ratio among Hardware companies is 0.57, based on 2,476 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. Nordic Technology Group AS's current Cash Ratio of 0.01 is 98.2% 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 Nordic Technology Group AS and its competitors. For the Hardware industry, the median Cash Ratio is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Technology Group AS's current Cash Ratio is 0.01, which is 90% below median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Technology Group AS stock overvalued right now?
Based on GuruFocus' analysis, Nordic Technology Group AS (OSL:NTG) is currently considered Fairly Valued. The stock's GF Value™ is kr1.30, compared to a current price of kr1.20 — trading 7.7% below its estimated fair value. The current Cash Ratio is 0.01, which is 90% below median its 10-year median of 0.10 and 98.2% below the Hardware industry median of 0.57. Nordic Technology Group AS's overall GF Score™ is 37/100 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 Nordic Technology Group AS (OSL:NTG), the current Cash Ratio is 0.01 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 Nordic Technology Group AS (OSL:NTG) Overvalued in 2026?
Based on GuruFocus' analysis, Nordic Technology Group AS stock appears to be undervalued.
The current stock price of kr1.20 is trading 7.7% below its estimated GF Value™ of kr1.30.
GuruFocus considers Nordic Technology Group AS to be Fairly Valued.
Key valuation signals for OSL:NTG:
Cash Ratio: 0.01 (90% below median its 10-year median of 0.10)
GF Value™: kr1.30 vs. price of kr1.20 (7.7% below fair value)
Industry Position: 98.2% below the Hardware median (#2450 of 2476)
No single metric tells the full story. See the OSL:NTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nordic Technology Group AS was founded with the primary purpose of acquiring selected companies distinguished by patented products and solutions developed through extensive periods of concept development, product design, testing, qualification, certification, and market acceptance. It is organized into two business areas: sensor technology, and clean technology. The Group generates revenues from Norway, with additional revenues from Europe and other countries.
37GF Score
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