NKT ASNRKBF +25.23%82 Current Ratio is 1.27 as of Mar. 2026, which is 14% above its 10-year median of 1.11. GuruFocus rates NRKBF with a GF Score™ of 82/100 and a GF Value™ of $96.21 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 3,081 Industrial Products companies, NKT AS ranks worse than 80.49% 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. NKT AS's current ratio for the quarter that ended in Mar. 2026 was 1.27.
NKT AS has a current ratio of 1.27. It generally indicates good short-term financial strength.
The historical rank and industry rank for NKT AS's Current Ratio or its related term are showing as below:
NRKBF'
s Current Ratio Range Over the Past 10 Years
Min: 0.78 Med: 1.11 Max: 2.14
Current: 1.27
During the past 13 years, NKT AS's highest Current Ratio was 2.14. The lowest was 0.78. And the median was 1.11.
NRKBF's Current Ratio is ranked worse than 80.49% of 3081
companies
in the Industrial Products industry
Industry Median: 1.96
vs NRKBF: 1.27
NKT AS (OTCPK:NRKBF) 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.
NKT AS Current Ratio Related Terms
NKT AS Current Ratio Historical Data
* Premium members only.
The historical data trend for NKT 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 Electrical Equipment & Parts subindustry, NKT 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.
NKT AS Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NKT AS's Current Ratio distribution charts can be found below:
* The bar in red indicates where NKT 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.
NKT AS (NRKBF) has a Current Ratio of 1.27 as of Mar. 2026. This is 14% above median its historical median of 1.11. Over the past decade, NKT AS's Current Ratio has ranged from 0.78 to 2.14. According to the industry distribution chart, NKT AS ranks #2480 out of 3081 companies in the Industrial Products industry, placing it in the top 80.5%.
Is NKT AS's Current Ratio too high?
NKT AS's current Current Ratio of 1.27 is 14% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 2.14. The Industrial Products industry median Current Ratio is 1.96. NKT AS's value of 1.27 is 35.2% below this industry median. Based on the distribution chart, NKT AS ranks #2480 out of 3081 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, NKT AS has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NKT AS's Current Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, NKT AS ranks #2480 out of 3081 companies for Current Ratio. This places NKT AS in the lower half of its industry. The industry median Current Ratio is 1.96. NKT AS's value of 1.27 is 35.2% below this benchmark. Historically, NKT AS's own Current Ratio has ranged from 0.78 to 2.14 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.96, NKT 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 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. NKT AS's current Current Ratio of 1.27 is 35.2% 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 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. NKT AS's current Current Ratio is 1.27, which is 14% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NKT AS stock overvalued right now?
Based on GuruFocus' analysis, NKT AS (NRKBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $96.21, compared to a current price of $158.30 — trading 64.5% above its estimated fair value. The current Current Ratio is 1.27, which is 14% above median its 10-year median of 1.11 and 35.2% below the Industrial Products industry median of 1.96. NKT AS's overall GF Score™ is 82/100 with 9 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 NKT AS (NRKBF), the current Current Ratio is 1.27 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 NKT AS (NRKBF) Overvalued in 2026?
Based on GuruFocus' analysis, NKT AS stock appears to be overvalued.
The current stock price of $158.30 is trading 64.5% above its estimated GF Value™ of $96.21.
GuruFocus considers NKT AS to be Significantly Overvalued.
Key valuation signals for NRKBF:
Current Ratio: 1.27 (14% above median its 10-year median of 1.11)
GF Value™: $96.21 vs. price of $158.30 (64.5% above fair value)
Industry Position: 35.2% below the Industrial Products median (#2480 of 3081)
No single metric tells the full story. See the NRKBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NKT AS is a Denmark-based provider of cable technology. The company, along with its subsidiaries, operates in the following segments; Solutions, Applications, and Service & Accessories. Maximum revenue is generated from the Solutions segment which caters to the high-voltage power cable market and is involved in the manufacturing and installation of high-voltage cables and products for onshore power transmission and distribution, power-from-shore, cable projects, offshore wind connections, and other projects. This segment also owns and operates a cable-laying vessel, NKT Victoria. Geographically, the company generates maximum revenue from Germany followed by the United States of America, the United Kingdom, Poland, Norway, Denmark, and other regions.
82GF Score
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