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Nordic Technology Group ASOSL:NTG -0.59%28 Current Ratio is 0.42 as of Dec. 2025, which is 51% below its 10-year median of 0.85. GuruFocus rates OSL:NTG with a GF Score™ of 28/100 and a GF Value™ of kr1.09 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,497 Hardware companies, Nordic Technology Group AS ranks worse than 97.64% 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. Nordic Technology Group AS's current ratio for the quarter that ended in Dec. 2025 was 0.42.
Nordic Technology Group AS has a current ratio of 0.42. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Nordic Technology Group AS 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 Nordic Technology Group AS's Current Ratio or its related term are showing as below:
OSL:NTG'
s Current Ratio Range Over the Past 10 Years
Min: 0.37 Med: 0.85 Max: 1.79
Current: 0.42
During the past 5 years, Nordic Technology Group AS's highest Current Ratio was 1.79. The lowest was 0.37. And the median was 0.85.
OSL:NTG's Current Ratio is ranked worse than 97.64% of 2497
companies
in the Hardware industry
Industry Median: 1.96
vs OSL:NTG: 0.42
Nordic Technology Group AS (OSL:NTG) 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.
Nordic Technology Group AS Current Ratio Related Terms
Nordic Technology Group AS Current Ratio Historical Data
* 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:NTG vs COHR, KEYS, GRMN: Current Ratio Comparison
For the Scientific & Technical Instruments subindustry, Nordic Technology Group 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.
Nordic Technology Group AS Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Nordic Technology Group AS's Current Ratio distribution charts can be found below:
* The bar in red indicates where Nordic Technology Group 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.
Nordic Technology Group AS (OSL:NTG) has a Current Ratio of 0.42 as of Dec. 2025. This is 51% below median its historical median of 0.85. Over the past decade, Nordic Technology Group AS's Current Ratio has ranged from 0.37 to 1.79. According to the industry distribution chart, Nordic Technology Group AS ranks #2438 out of 2497 companies in the Hardware industry, placing it in the top 97.6%.
Is Nordic Technology Group AS's Current Ratio too high?
Nordic Technology Group AS's current Current Ratio of 0.42 is 51% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.79. The Hardware industry median Current Ratio is 1.96. Nordic Technology Group AS's value of 0.42 is 78.6% below this industry median. Based on the distribution chart, Nordic Technology Group AS ranks #2438 out of 2497 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Nordic Technology Group AS has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic Technology Group AS's Current Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Nordic Technology Group AS ranks #2438 out of 2497 companies for Current Ratio. This places Nordic Technology Group AS in the lower half of its industry. The industry median Current Ratio is 1.96. Nordic Technology Group AS's value of 0.42 is 78.6% below this benchmark. Historically, Nordic Technology Group AS's own Current Ratio has ranged from 0.37 to 1.79 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.96, Nordic Technology Group 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 a Hardware company?
The median Current Ratio among Hardware companies is 1.96, based on 2,497 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. Nordic Technology Group AS's current Current Ratio of 0.42 is 78.6% 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. Nordic Technology Group AS's current Current Ratio is 0.42, which is 51% below median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Technology Group AS stock overvalued right now?
Based on GuruFocus' analysis, Nordic Technology Group AS (OSL:NTG) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.09, compared to a current price of kr1.69 — trading 55% above its estimated fair value. The current Current Ratio is 0.42, which is 51% below median its 10-year median of 0.85 and 78.6% below the Hardware industry median of 1.96. Nordic Technology Group AS's overall GF Score™ is 28/100 with 4 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 Nordic Technology Group AS (OSL:NTG), the current Current Ratio is 0.42 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 Nordic Technology Group AS (OSL:NTG) Overvalued in 2026?
Based on GuruFocus' analysis, Nordic Technology Group AS stock appears to be overvalued.
The current stock price of kr1.69 is trading 55% above its estimated GF Value™ of kr1.09.
GuruFocus considers Nordic Technology Group AS to be Significantly Overvalued.
Key valuation signals for OSL:NTG:
Current Ratio: 0.42 (51% below median its 10-year median of 0.85)
GF Value™: kr1.09 vs. price of kr1.69 (55% above fair value)
Industry Position: 78.6% below the Hardware median (#2438 of 2497)
No single metric tells the full story. See the OSL:NTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nordic Technology Group AS was founded with the primary purpose of acquiring selected companies distinguished by patented products and solutions developed through extensive periods of concept development, product design, testing, qualification, certification, and market acceptance. It is organized into two business areas: sensor technology, and clean technology. The Group generates revenues from Norway, with additional revenues from Europe and other countries.
28GF Score
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