Otovo ASA (FRA:89K0) Current Ratio: 1.48 (As of Mar. 2026) — 36% Below Median


FRA:89K0 Otovo ASA FRA:89K0
56 GF Score
Price €1.09
GF Value €0.64
! 5 Warning Signs
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What is Otovo ASA Current Ratio?

Otovo ASA FRA:89K0 +6.86% 56 Current Ratio is 1.48 as of Mar. 2026, which is 36% below its 10-year median of 2.32. GuruFocus rates FRA:89K0 with a GF Score™ of 56/100 and a GF Value™ of €0.64. The stock has 5 warning signs investors should review. Among 1,028 Semiconductors companies, Otovo ASA ranks worse than 73.93% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Otovo ASA's current ratio for the quarter that ended in Mar. 2026 was 1.48.

Otovo ASA has a current ratio of 1.48. It generally indicates good short-term financial strength.

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

FRA:89K0' s Current Ratio Range Over the Past 10 Years
Min: 1.16   Med: 2.32   Max: 5.54
Current: 1.48

During the past 8 years, Otovo ASA's highest Current Ratio was 5.54. The lowest was 1.16. And the median was 2.32.

FRA:89K0's Current Ratio is ranked worse than
73.93% of 1028 companies
in the Semiconductors industry
Industry Median: 2.48 vs FRA:89K0: 1.48

Otovo ASA  (FRA:89K0) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Otovo ASA Current Ratio Related Terms


Otovo ASA Current Ratio Historical Data

* Premium members only.

The historical data trend for Otovo ASA's Current 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.

Otovo ASA Current Ratio Chart

Otovo ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial 2.68 1.74 3.07 1.94 1.16

Otovo ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current 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 2.24 1.79 1.37 1.16 1.48

FRA:89K0 vs FSLR, NXT, ENPH: Current Ratio Comparison

For the Solar subindustry, Otovo ASA's Current Ratio, along with its competitors' market caps and Current 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.


Otovo ASA Current Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Otovo ASA's Current Ratio distribution charts can be found below:

* The bar in red indicates where Otovo ASA's Current Ratio falls into.


FRA:89K0
56GF Score
Otovo ASA FRA:89K0
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Otovo ASA Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Otovo ASA's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=14.565/12.61
=1.16

Otovo ASA's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=22.132/14.972
=1.48

* 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 Current Ratio →
What does a Current Ratio of 1.48 mean?
Otovo ASA (FRA:89K0) has a Current Ratio of 1.48 as of Mar. 2026. This is 36% below median its historical median of 2.32. Over the past decade, Otovo ASA's Current Ratio has ranged from 1.16 to 5.54. According to the industry distribution chart, Otovo ASA ranks #760 out of 1028 companies in the Semiconductors industry, placing it in the top 73.9%.
Is Otovo ASA's Current Ratio too high?
Otovo ASA's current Current Ratio of 1.48 is 36% below median its 10-year median of 2.32. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 5.54. The Semiconductors industry median Current Ratio is 2.48. Otovo ASA's value of 1.48 is 40.3% below this industry median. Based on the distribution chart, Otovo ASA ranks #760 out of 1028 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Otovo ASA has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Otovo ASA's Current Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Otovo ASA ranks #760 out of 1028 companies for Current Ratio. This places Otovo ASA in the lower half of its industry. The industry median Current Ratio is 2.48. Otovo ASA's value of 1.48 is 40.3% below this benchmark. Historically, Otovo ASA's own Current Ratio has ranged from 1.16 to 5.54 over the past decade. While the company's 10-year median is 2.32 vs. the industry median of 2.48, Otovo 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 Current Ratio for a Semiconductors company?
The median Current Ratio among Semiconductors companies is 2.48, based on 1,028 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Otovo ASA's current Current Ratio of 1.48 is 40.3% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median Current Ratio is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Otovo ASA's current Current Ratio is 1.48, which is 36% below median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Otovo ASA stock overvalued right now?
Otovo ASA (FRA:89K0) has a current Current Ratio of 1.48. The stock's GF Value™ is €0.64, compared to a current price of €1.09 — trading 70.3% above its estimated fair value. The current Current Ratio is 1.48, which is 36% below median its 10-year median of 2.32 and 40.3% below the Semiconductors industry median of 2.48. Otovo ASA's overall GF Score™ is 56/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Otovo ASA (FRA:89K0), the current Current Ratio is 1.48 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 Otovo ASA (FRA:89K0) Overvalued in 2026?

Based on GuruFocus' analysis, Otovo ASA stock appears to be overvalued. The current stock price of €1.09 is trading 70.3% above its estimated GF Value™ of €0.64.

Key valuation signals for FRA:89K0:

  • Current Ratio: 1.48 (36% below median its 10-year median of 2.32)
  • GF Value™: €0.64 vs. price of €1.09 (70.3% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 40.3% below the Semiconductors median (#760 of 1028)

No single metric tells the full story. See the FRA:89K0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Otovo ASA Business Description

Other Exchanges OTOVO:Norway
Address Torggata 11, Oslo, NOR, 0181
Otovo ASA is engaged in the residential solar energy industry, focusing on the sale, installation, and servicing of home energy products. The group operates through three reportable segments: Newbuild, Recurring Services, and Field Services. The Newbuild segment involves the sale and installation of home energy products, including solar panels, either directly to end customers or through associated entities. The Recurring Services segment includes membership-based services such as maintenance, grid services, electricity provision, and rental of home energy products, along with service-related fees. The Field Services segment provides installation, maintenance, and other service activities related to home energy products for both residential and business customers.
56GF Score

Get the complete analysis for FRA:89K0

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

€1.09
Price
€0.64
GF Value