Norbit ASAOSL:NORBT +1.77%100 Current Ratio is 1.72 as of Mar. 2026, which is 6% above its 10-year median of 1.62. GuruFocus rates OSL:NORBT with a GF Score™ of 100/100 and a GF Value™ of kr160.52 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,495 Hardware companies, Norbit ASA ranks worse than 59.2% 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. Norbit ASA's current ratio for the quarter that ended in Mar. 2026 was 1.72.
Norbit ASA has a current ratio of 1.72. It generally indicates good short-term financial strength.
The historical rank and industry rank for Norbit ASA's Current Ratio or its related term are showing as below:
OSL:NORBT'
s Current Ratio Range Over the Past 10 Years
Min: 0.95 Med: 1.62 Max: 2.69
Current: 1.72
During the past 11 years, Norbit ASA's highest Current Ratio was 2.69. The lowest was 0.95. And the median was 1.62.
OSL:NORBT's Current Ratio is ranked worse than 59.2% of 2495
companies
in the Hardware industry
Industry Median: 1.96
vs OSL:NORBT: 1.72
Norbit ASA (OSL:NORBT) 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.
Norbit ASA Current Ratio Related Terms
Norbit ASA Current Ratio Historical Data
* Premium members only.
The historical data trend for Norbit 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.
OSL:NORBT vs COHR, KEYS, GRMN: Current Ratio Comparison
For the Scientific & Technical Instruments subindustry, Norbit 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.
Norbit ASA Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Norbit ASA's Current Ratio distribution charts can be found below:
* The bar in red indicates where Norbit 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.
Norbit ASA (OSL:NORBT) has a Current Ratio of 1.72 as of Mar. 2026. This is near median its historical median of 1.62. Over the past decade, Norbit ASA's Current Ratio has ranged from 0.95 to 2.69. According to the industry distribution chart, Norbit ASA ranks #1477 out of 2495 companies in the Hardware industry, placing it in the top 59.2%.
Is Norbit ASA's Current Ratio too high?
Norbit ASA's current Current Ratio of 1.72 is near median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 2.69. The Hardware industry median Current Ratio is 1.96. Norbit ASA's value of 1.72 is 12.2% below this industry median. Based on the distribution chart, Norbit ASA ranks #1477 out of 2495 companies in the Hardware industry, which is below the industry midpoint. Overall, Norbit ASA has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norbit ASA's Current Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Norbit ASA ranks #1477 out of 2495 companies for Current Ratio. This places Norbit ASA in the lower half of its industry. The industry median Current Ratio is 1.96. Norbit ASA's value of 1.72 is 12.2% below this benchmark. Historically, Norbit ASA's own Current Ratio has ranged from 0.95 to 2.69 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 1.96, Norbit ASA 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 2,495 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. Norbit ASA's current Current Ratio of 1.72 is 12.2% 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. Norbit ASA's current Current Ratio is 1.72, which is near median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norbit ASA stock overvalued right now?
Based on GuruFocus' analysis, Norbit ASA (OSL:NORBT) is currently considered Fairly Valued. The stock's GF Value™ is kr160.52, compared to a current price of kr172.20 — trading 7.3% above its estimated fair value. The current Current Ratio is 1.72, which is near median its 10-year median of 1.62 and 12.2% below the Hardware industry median of 1.96. Norbit ASA's overall GF Score™ is 100/100 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 Norbit ASA (OSL:NORBT), the current Current Ratio is 1.72 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 Norbit ASA (OSL:NORBT) Overvalued in 2026?
Based on GuruFocus' analysis, Norbit ASA stock appears to be overvalued.
The current stock price of kr172.20 is trading 7.3% above its estimated GF Value™ of kr160.52.
GuruFocus considers Norbit ASA to be Fairly Valued.
Key valuation signals for OSL:NORBT:
Current Ratio: 1.72 (near median its 10-year median of 1.62)
GF Value™: kr160.52 vs. price of kr172.20 (7.3% above fair value)
Industry Position: 12.2% below the Hardware median (#1477 of 2495)
No single metric tells the full story. See the OSL:NORBT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norbit ASA is a provider of tailored technology to selected applications by solving challenges through solutions. It is organised in three operating segments: Oceans, Connectivity and Product, Innovation & Realization (PIR). The Oceans segment delivers tailored technology solutions to the maritime markets, the Connectivity segment supplier of secure wireless technology for industrial and mission-critical applications - ranging from transportation infrastructure to navigation and defence-related environments, and the Product, Innovation & Realization (PIR) segment provides R&D products and services and contract manufacturing to key customers. The majority of the company's revenue is derived from the PIR segment.
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