NEL ASANLLSY 79 Current Ratio is 4.41 as of Mar. 2026, which is 1% above its 10-year median of 4.35. GuruFocus rates NLLSY with a GF Score™ of 79/100 and a GF Value™ of $8.22 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,081 Industrial Products companies, NEL ASA ranks better than 86.98% 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. NEL ASA's current ratio for the quarter that ended in Mar. 2026 was 4.41.
NEL ASA has a current ratio of 4.41. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for NEL ASA's Current Ratio or its related term are showing as below:
NLLSY'
s Current Ratio Range Over the Past 10 Years
Min: 1.74 Med: 4.35 Max: 11.37
Current: 4.41
During the past 13 years, NEL ASA's highest Current Ratio was 11.37. The lowest was 1.74. And the median was 4.35.
NLLSY's Current Ratio is ranked better than 86.98% of 3081
companies
in the Industrial Products industry
Industry Median: 1.96
vs NLLSY: 4.41
NEL ASA (OTCPK:NLLSY) 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.
NEL ASA Current Ratio Related Terms
NEL ASA Current Ratio Historical Data
* Premium members only.
The historical data trend for NEL 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.
For the Specialty Industrial Machinery subindustry, NEL 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.
NEL ASA Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NEL ASA's Current Ratio distribution charts can be found below:
* The bar in red indicates where NEL ASA'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.
NEL ASA (NLLSY) has a Current Ratio of 4.41 as of Mar. 2026. This is near median its historical median of 4.35. Over the past decade, NEL ASA's Current Ratio has ranged from 1.74 to 11.37. According to the industry distribution chart, NEL ASA ranks #401 out of 3081 companies in the Industrial Products industry, placing it in the top 13%.
Is NEL ASA's Current Ratio too high?
NEL ASA's current Current Ratio of 4.41 is near median its 10-year median of 4.35. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 11.37. The Industrial Products industry median Current Ratio is 1.96. NEL ASA's value of 4.41 is 125% above this industry median. Based on the distribution chart, NEL ASA ranks #401 out of 3081 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, NEL ASA has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NEL ASA's Current Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, NEL ASA ranks #401 out of 3081 companies for Current Ratio. This places NEL ASA in the top 13% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.96. NEL ASA's value of 4.41 is 125% above this benchmark. Historically, NEL ASA's own Current Ratio has ranged from 1.74 to 11.37 over the past decade. While the company's 10-year median is 4.35 vs. the industry median of 1.96, NEL ASA has consistently been above 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,081 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. NEL ASA's current Current Ratio of 4.41 is 125% above 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEL ASA's current Current Ratio is 4.41, which is near median its own 10-year median of 4.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEL ASA stock overvalued right now?
Based on GuruFocus' analysis, NEL ASA (NLLSY) is currently considered Fairly Valued. The stock's GF Value™ is $8.22, compared to a current price of $7.76 — trading 5.6% below its estimated fair value. The current Current Ratio is 4.41, which is near median its 10-year median of 4.35 and 125% above the Industrial Products industry median of 1.96. NEL ASA's overall GF Score™ is 79/100 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 NEL ASA (NLLSY), the current Current Ratio is 4.41 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 NEL ASA (NLLSY) Overvalued in 2026?
Based on GuruFocus' analysis, NEL ASA stock appears to be undervalued.
The current stock price of $7.76 is trading 5.6% below its estimated GF Value™ of $8.22.
GuruFocus considers NEL ASA to be Fairly Valued.
Key valuation signals for NLLSY:
Current Ratio: 4.41 (near median its 10-year median of 4.35)
GF Value™: $8.22 vs. price of $7.76 (5.6% below fair value)
Industry Position: 125% above the Industrial Products median (#401 of 3081)
No single metric tells the full story. See the NLLSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NEL ASA is a hydrogen company delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy. It serves industries, energy, and gas companies with hydrogen technology. The company's hydrogen solutions cover the entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles. The company's segments include Nel Alkaline Electrolyser and Nel PEM Electrolyser. It generates maximum revenue from the Nel Alkaline Electrolyser. Nel Alkaline Electrolyser is a supplier of hydrogen production equipment based on alkaline water electrolysis technology.
79GF Score
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