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Pallas AirOHEL:PALLAS 44 Current Ratio is 0.25 as of Dec. 2025, which is 74% below its 10-year median of 0.96. GuruFocus rates OHEL:PALLAS with a GF Score™ of 44/100 and a GF Value™ of €1.09 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 2,498 Hardware companies, Pallas Air ranks worse than 98.96% 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. Pallas Air's current ratio for the quarter that ended in Dec. 2025 was 0.25.
Pallas Air has a current ratio of 0.25. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Pallas Air 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 Pallas Air's Current Ratio or its related term are showing as below:
OHEL:PALLAS'
s Current Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.96 Max: 1.4
Current: 0.25
During the past 6 years, Pallas Air's highest Current Ratio was 1.40. The lowest was 0.25. And the median was 0.96.
OHEL:PALLAS's Current Ratio is ranked worse than 98.96% of 2498
companies
in the Hardware industry
Industry Median: 1.96
vs OHEL:PALLAS: 0.25
Pallas Air (OHEL:PALLAS) 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.
Pallas Air Current Ratio Related Terms
Pallas Air Current Ratio Historical Data
* Premium members only.
The historical data trend for Pallas Air'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 Consumer Electronics subindustry, Pallas Air'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.
Pallas Air Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Pallas Air's Current Ratio distribution charts can be found below:
* The bar in red indicates where Pallas Air'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.
Pallas Air (OHEL:PALLAS) has a Current Ratio of 0.25 as of Dec. 2025. This is 74% below median its historical median of 0.96. Over the past decade, Pallas Air's Current Ratio has ranged from 0.25 to 1.40. According to the industry distribution chart, Pallas Air ranks #2472 out of 2498 companies in the Hardware industry, placing it in the top 99%.
Is Pallas Air's Current Ratio too high?
Pallas Air's current Current Ratio of 0.25 is 74% below median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.40. The Hardware industry median Current Ratio is 1.96. Pallas Air's value of 0.25 is 87.2% below this industry median. Based on the distribution chart, Pallas Air ranks #2472 out of 2498 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Pallas Air has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pallas Air's Current Ratio compare to AAPL?
According to the Hardware industry distribution chart, Pallas Air ranks #2472 out of 2498 companies for Current Ratio. This places Pallas Air in the lower half of its industry. The industry median Current Ratio is 1.96. Pallas Air's value of 0.25 is 87.2% below this benchmark. Historically, Pallas Air's own Current Ratio has ranged from 0.25 to 1.40 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 1.96, Pallas Air 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 Hardware company?
The median Current Ratio among Hardware companies is 1.96, based on 2,498 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. Pallas Air's current Current Ratio of 0.25 is 87.2% 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 Hardware 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. Pallas Air's current Current Ratio is 0.25, which is 74% below median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pallas Air stock overvalued right now?
Based on GuruFocus' analysis, Pallas Air (OHEL:PALLAS) is currently considered Possible Value Trap. The stock's GF Value™ is €1.09, compared to a current price of €0.54 — trading 50.5% below its estimated fair value. The current Current Ratio is 0.25, which is 74% below median its 10-year median of 0.96 and 87.2% below the Hardware industry median of 1.96. Pallas Air's overall GF Score™ is 44/100 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 Pallas Air (OHEL:PALLAS), the current Current Ratio is 0.25 as of Dec. 2025. 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 Pallas Air (OHEL:PALLAS) Overvalued in 2026?
Based on GuruFocus' analysis, Pallas Air stock appears to be undervalued.
The current stock price of €0.54 is trading 50.5% below its estimated GF Value™ of €1.09.
GuruFocus considers Pallas Air to be Possible Value Trap.
Key valuation signals for OHEL:PALLAS:
Current Ratio: 0.25 (74% below median its 10-year median of 0.96)
GF Value™: €1.09 vs. price of €0.54 (50.5% below fair value)
Industry Position: 87.2% below the Hardware median (#2472 of 2498)
No single metric tells the full story. See the OHEL:PALLAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pallas Air PLC is a Finnish technology company offering clean breathing air solutions. It is engaged in the development and manufacturing of various types of products that enable cleaner and healthier breathing air. The company's business is divided into three primary areas: air purifiers, respirators and surgical mouthguards, and ventilation hygiene products.
44GF Score
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