Secure Electronic Technology (NSA:NSLTECH) Current Ratio: 0.38 (As of Dec. 2024) — 12% Below Median


NSA:NSLTECH Secure Electronic Technology PLC NSA:NSLTECH
10 GF Score
Price ₦0.75
GF Value ₦0.36
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Secure Electronic Technology Current Ratio?

Secure Electronic Technology NSA:NSLTECH -1.32% 10 Current Ratio is 0.38 as of Dec. 2024, which is 12% below its 10-year median of 0.43. GuruFocus rates NSA:NSLTECH with a GF Score™ of 10/100 and a GF Value™ of ₦0.36 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 857 Travel & Leisure companies, Secure Electronic Technology ranks worse than 89.61% 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. Secure Electronic Technology's current ratio for the quarter that ended in Dec. 2024 was 0.38.

Secure Electronic Technology has a current ratio of 0.38. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Secure Electronic Technology 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 Secure Electronic Technology's Current Ratio or its related term are showing as below:

NSA:NSLTECH' s Current Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.43   Max: 0.49
Current: 0.38

During the past 4 years, Secure Electronic Technology's highest Current Ratio was 0.49. The lowest was 0.37. And the median was 0.43.

NSA:NSLTECH's Current Ratio is ranked worse than
89.61% of 857 companies
in the Travel & Leisure industry
Industry Median: 1.38 vs NSA:NSLTECH: 0.38

Secure Electronic Technology  (NSA:NSLTECH) 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.


Secure Electronic Technology Current Ratio Related Terms


Secure Electronic Technology Current Ratio Historical Data

* Premium members only.

The historical data trend for Secure Electronic Technology'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.

Secure Electronic Technology Current Ratio Chart

Secure Electronic Technology Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Current Ratio
0.47 0.49 0.37 0.38

Secure Electronic Technology Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Current Ratio 0.47 0.49 0.37 0.38

NSA:NSLTECH vs FLUT, DKNG, SGHC: Current Ratio Comparison

For the Gambling subindustry, Secure Electronic Technology'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.


Secure Electronic Technology Current Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Secure Electronic Technology's Current Ratio distribution charts can be found below:

* The bar in red indicates where Secure Electronic Technology's Current Ratio falls into.


NSA:NSLTECH
10GF Score
Secure Electronic Technology PLC NSA:NSLTECH
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Secure Electronic Technology 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.

Secure Electronic Technology's Current Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Current Ratio (A: Dec. 2024 )=Total Current Assets (A: Dec. 2024 )/Total Current Liabilities (A: Dec. 2024 )
=231.484/616.237
=0.38

Secure Electronic Technology's Current Ratio for the quarter that ended in Dec. 2024 is calculated as

Current Ratio (Q: Dec. 2024 )=Total Current Assets (Q: Dec. 2024 )/Total Current Liabilities (Q: Dec. 2024 )
=231.484/616.237
=0.38

* 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 0.38 mean?
Secure Electronic Technology (NSA:NSLTECH) has a Current Ratio of 0.38 as of Dec. 2024. This is 12% below median its historical median of 0.43. Over the past decade, Secure Electronic Technology's Current Ratio has ranged from 0.37 to 0.49. According to the industry distribution chart, Secure Electronic Technology ranks #768 out of 857 companies in the Travel & Leisure industry, placing it in the top 89.6%.
Is Secure Electronic Technology's Current Ratio too high?
Secure Electronic Technology's current Current Ratio of 0.38 is 12% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.49. The Travel & Leisure industry median Current Ratio is 1.38. Secure Electronic Technology's value of 0.38 is 72.5% below this industry median. Based on the distribution chart, Secure Electronic Technology ranks #768 out of 857 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Secure Electronic Technology has a GF Score™ of 10/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Secure Electronic Technology's Current Ratio compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Secure Electronic Technology ranks #768 out of 857 companies for Current Ratio. This places Secure Electronic Technology in the lower half of its industry. The industry median Current Ratio is 1.38. Secure Electronic Technology's value of 0.38 is 72.5% below this benchmark. Historically, Secure Electronic Technology's own Current Ratio has ranged from 0.37 to 0.49 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.38, Secure Electronic Technology 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 857 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. Secure Electronic Technology's current Current Ratio of 0.38 is 72.5% 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 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. Secure Electronic Technology's current Current Ratio is 0.38, which is 12% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Secure Electronic Technology (NSA:NSLTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦0.36, compared to a current price of ₦0.75 — trading 108.3% above its estimated fair value. The current Current Ratio is 0.38, which is 12% below median its 10-year median of 0.43 and 72.5% below the Travel & Leisure industry median of 1.38. Secure Electronic Technology's overall GF Score™ is 10/100 with 1 warning sign 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 Secure Electronic Technology (NSA:NSLTECH), the current Current Ratio is 0.38 as of Dec. 2024. 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 Secure Electronic Technology (NSA:NSLTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Secure Electronic Technology stock appears to be overvalued. The current stock price of ₦0.75 is trading 108.3% above its estimated GF Value™ of ₦0.36. GuruFocus considers Secure Electronic Technology to be Significantly Overvalued.

Key valuation signals for NSA:NSLTECH:

  • Current Ratio: 0.38 (12% below median its 10-year median of 0.43)
  • GF Value™: ₦0.36 vs. price of ₦0.75 (108.3% above fair value)
  • GF Score™: 10/100 with 1 warning sign
  • Industry Position: 72.5% below the Travel & Leisure median (#768 of 857)

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


Secure Electronic Technology Business Description

Address 107, Bamgbose Street, Lagos Island, Lagos, NGA
Secure Electronic Technology PLC is engaged in operating the national lottery in Nigeria. The company's games include 5OF90.
10GF Score

Get the complete analysis for NSA:NSLTECH

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

₦0.75
Price
₦0.36
GF Value