Net Holding AS (IST:NTHOL) Current Ratio: 0.96 (As of Mar. 2026) — 12% Above Median

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IST:NTHOL Net Holding AS IST:NTHOL
71 GF Score
Price ₺44.10
GF Value ₺56.10
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Net Holding AS Current Ratio?

Net Holding AS IST:NTHOL -2.00% 71 Current Ratio is 0.96 as of Mar. 2026, which is 12% above its 10-year median of 0.86. GuruFocus rates IST:NTHOL with a GF Score™ of 71/100 and a GF Value™ of ₺56.10 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 856 Travel & Leisure companies, Net Holding AS ranks worse than 66% 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. Net Holding AS's current ratio for the quarter that ended in Mar. 2026 was 0.96.

Net Holding AS has a current ratio of 0.96. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Net Holding AS has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Net Holding AS's Current Ratio or its related term are showing as below:

IST:NTHOL' s Current Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.86   Max: 2.71
Current: 0.96

During the past 13 years, Net Holding AS's highest Current Ratio was 2.71. The lowest was 0.41. And the median was 0.86.

IST:NTHOL's Current Ratio is ranked worse than
66% of 856 companies
in the Travel & Leisure industry
Industry Median: 1.375 vs IST:NTHOL: 0.96

Net Holding AS  (IST:NTHOL) 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.


Net Holding AS Current Ratio Related Terms


Net Holding AS Current Ratio Historical Data

* Premium members only.

The historical data trend for Net Holding 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.

Net Holding AS Current Ratio Chart

Net Holding AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.51 0.53 0.64 0.85

Net Holding AS 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 0.60 0.58 0.62 0.85 0.96

IST:NTHOL vs BKNG, ABNB, RCL: Current Ratio Comparison

For the Travel Services subindustry, Net Holding 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.


Net Holding AS Current Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Net Holding AS's Current Ratio distribution charts can be found below:

* The bar in red indicates where Net Holding AS's Current Ratio falls into.


IST:NTHOL
71GF Score
Net Holding AS IST:NTHOL
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Net Holding AS 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.

Net Holding AS'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 )
=8271.682/9713.538
=0.85

Net Holding AS'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 )
=7781.512/8087.764
=0.96

* 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 0.96 mean?
Net Holding AS (IST:NTHOL) has a Current Ratio of 0.96 as of Mar. 2026. This is 12% above median its historical median of 0.86. Over the past decade, Net Holding AS's Current Ratio has ranged from 0.41 to 2.71. According to the industry distribution chart, Net Holding AS ranks #565 out of 856 companies in the Travel & Leisure industry, placing it in the top 66%.
Is Net Holding AS's Current Ratio too high?
Net Holding AS's current Current Ratio of 0.96 is 12% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 2.71. The Travel & Leisure industry median Current Ratio is 1.38. Net Holding AS's value of 0.96 is 30.2% below this industry median. Based on the distribution chart, Net Holding AS ranks #565 out of 856 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Net Holding AS has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Net Holding AS's Current Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Net Holding AS ranks #565 out of 856 companies for Current Ratio. This places Net Holding AS in the lower half of its industry. The industry median Current Ratio is 1.38. Net Holding AS's value of 0.96 is 30.2% below this benchmark. Historically, Net Holding AS's own Current Ratio has ranged from 0.41 to 2.71 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.38, Net Holding 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 Travel & Leisure company?
The median Current Ratio among Travel & Leisure companies is 1.38, based on 856 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. Net Holding AS's current Current Ratio of 0.96 is 30.2% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Travel & Leisure industry, the median Current Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Net Holding AS's current Current Ratio is 0.96, which is 12% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Net Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Net Holding AS (IST:NTHOL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺56.10, compared to a current price of ₺44.10 — trading 21.4% below its estimated fair value. The current Current Ratio is 0.96, which is 12% above median its 10-year median of 0.86 and 30.2% below the Travel & Leisure industry median of 1.38. Net Holding AS's overall GF Score™ is 71/100 with 4 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 Net Holding AS (IST:NTHOL), the current Current Ratio is 0.96 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 Net Holding AS (IST:NTHOL) Overvalued in 2026?

Based on GuruFocus' analysis, Net Holding AS stock appears to be undervalued. The current stock price of ₺44.10 is trading 21.4% below its estimated GF Value™ of ₺56.10. GuruFocus considers Net Holding AS to be Modestly Undervalued.

Key valuation signals for IST:NTHOL:

  • Current Ratio: 0.96 (12% above median its 10-year median of 0.86)
  • GF Value™: ₺56.10 vs. price of ₺44.10 (21.4% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 30.2% below the Travel & Leisure median (#565 of 856)

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


Net Holding AS Business Description

Address Bade sokak. No. 9, Besiktas Etiler, Istanbul, TUR, 34337
Net Holding AS is a Turkey-based holding company which mainly provides tourism services. It manages its business through five reportable segments, namely, tourism, finance, publication, holding and others. As a tourism company, its major revenues come from the tourism segment. The tourism segment comprises of hotel and accommodation, touristic shopping, managing duty-free shops and car rentals. Through the publishing segment, the company publishes books and runs bookstores. The Holding segment refers to the company's business of managing its net group of companies and the other segment provides construction and agriculture-related services. The company's geographical segments are TRNC(Turkish Republic of Northern Cyprus), Croatia, Montenegro, Bulgaria, and Turkey.
71GF Score

Get the complete analysis for IST:NTHOL

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

₺44.10
Price
₺56.10
GF Value