GN Store Nord ASGGNDF 73 Current Ratio is 2.00 as of Mar. 2026, which is 65% above its 10-year median of 1.21. GuruFocus rates GGNDF with a GF Score™ of 73/100 and a GF Value™ of $15.78 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 854 Medical Devices & Instruments companies, GN Store Nord AS ranks worse than 61.71% 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. GN Store Nord AS's current ratio for the quarter that ended in Mar. 2026 was 2.00.
GN Store Nord AS has a current ratio of 2.00. It generally indicates good short-term financial strength.
The historical rank and industry rank for GN Store Nord AS's Current Ratio or its related term are showing as below:
GGNDF'
s Current Ratio Range Over the Past 10 Years
Min: 0.59 Med: 1.21 Max: 2
Current: 2
During the past 13 years, GN Store Nord AS's highest Current Ratio was 2.00. The lowest was 0.59. And the median was 1.21.
GGNDF's Current Ratio is ranked worse than 61.71% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 2.485
vs GGNDF: 2.00
GN Store Nord AS (OTCPK:GGNDF) 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.
GN Store Nord AS Current Ratio Related Terms
GN Store Nord AS Current Ratio Historical Data
* Premium members only.
The historical data trend for GN Store Nord AS'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.
For the Medical Devices subindustry, GN Store Nord AS'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.
GN Store Nord AS Current Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, GN Store Nord AS's Current Ratio distribution charts can be found below:
* The bar in red indicates where GN Store Nord AS's Current 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.
GN Store Nord AS (GGNDF) has a Current Ratio of 2.00 as of Mar. 2026. This is 65% above median its historical median of 1.21. Over the past decade, GN Store Nord AS's Current Ratio has ranged from 0.59 to 2.00. According to the industry distribution chart, GN Store Nord AS ranks #527 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 61.7%.
Is GN Store Nord AS's Current Ratio too high?
GN Store Nord AS's current Current Ratio of 2.00 is 65% above median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 2.00. The Medical Devices & Instruments industry median Current Ratio is 2.49. GN Store Nord AS's value of 2.00 is 19.5% below this industry median. Based on the distribution chart, GN Store Nord AS ranks #527 out of 854 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, GN Store Nord AS has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GN Store Nord AS's Current Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, GN Store Nord AS ranks #527 out of 854 companies for Current Ratio. This places GN Store Nord AS in the lower half of its industry. The industry median Current Ratio is 2.49. GN Store Nord AS's value of 2.00 is 19.5% below this benchmark. Historically, GN Store Nord AS's own Current Ratio has ranged from 0.59 to 2.00 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 2.49, GN Store Nord 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 Current Ratio for a Medical Devices & Instruments company?
The median Current Ratio among Medical Devices & Instruments companies is 2.49, based on 854 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. GN Store Nord AS's current Current Ratio of 2.00 is 19.5% 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 Medical Devices & Instruments industry, the median Current Ratio is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GN Store Nord AS's current Current Ratio is 2.00, which is 65% above median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GN Store Nord AS stock overvalued right now?
Based on GuruFocus' analysis, GN Store Nord AS (GGNDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $15.78, compared to a current price of $13.63 — trading 13.7% below its estimated fair value. The current Current Ratio is 2.00, which is 65% above median its 10-year median of 1.21 and 19.5% below the Medical Devices & Instruments industry median of 2.49. GN Store Nord AS's overall GF Score™ is 73/100 with 6 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 GN Store Nord AS (GGNDF), the current Current Ratio is 2.00 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 GN Store Nord AS (GGNDF) Overvalued in 2026?
Based on GuruFocus' analysis, GN Store Nord AS stock appears to be undervalued.
The current stock price of $13.63 is trading 13.7% below its estimated GF Value™ of $15.78.
GuruFocus considers GN Store Nord AS to be Modestly Undervalued.
Key valuation signals for GGNDF:
Current Ratio: 2.00 (65% above median its 10-year median of 1.21)
GF Value™: $15.78 vs. price of $13.63 (13.7% below fair value)
Industry Position: 19.5% below the Medical Devices & Instruments median (#527 of 854)
No single metric tells the full story. See the GGNDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GN Store Nord is a Danish company offering medical and audio solutions. The group comprises three businesses: hearing (about 40% of sales), enterprise (40%), and gaming (20%). GN Hearing offers hearing aids and competes globally with Sonova, Demant, Starkey, and WS Audiology (formerly Sivantos and Widex). GN Enterprise provides headsets and speakerphones to the enterprise market, including contact centers and offices. GN recently acquired SteelSeries, a provider of gaming accessories such as headsets and keyboards, thereby forming the gaming division. The company has positioned itself as a major player in the Unified Communication-enabled headsets market. The firm's premium brands are Resound in hearing, Jabra in headsets, and SteelSeries in gaming.
73GF Score
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