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Olav Thon Eiendomsselskap (OSL:OLT) Current Ratio : 0.16 (As of Mar. 2025)


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What is Olav Thon Eiendomsselskap Current Ratio?

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. Olav Thon Eiendomsselskap's current ratio for the quarter that ended in Mar. 2025 was 0.16.

Olav Thon Eiendomsselskap has a current ratio of 0.16. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Olav Thon Eiendomsselskap 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 Olav Thon Eiendomsselskap's Current Ratio or its related term are showing as below:

OSL:OLT' s Current Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.2   Max: 0.42
Current: 0.16

During the past 13 years, Olav Thon Eiendomsselskap's highest Current Ratio was 0.42. The lowest was 0.11. And the median was 0.20.

OSL:OLT's Current Ratio is ranked worse than
96.25% of 1789 companies
in the Real Estate industry
Industry Median: 1.67 vs OSL:OLT: 0.16

Olav Thon Eiendomsselskap Current Ratio Historical Data

The historical data trend for Olav Thon Eiendomsselskap'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.

* Premium members only.

Olav Thon Eiendomsselskap Current Ratio Chart

Olav Thon Eiendomsselskap Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.27 0.32 0.42 0.29

Olav Thon Eiendomsselskap Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.31 0.18 0.29 0.16

Competitive Comparison of Olav Thon Eiendomsselskap's Current Ratio

For the Real Estate Services subindustry, Olav Thon Eiendomsselskap'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.


Olav Thon Eiendomsselskap's Current Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Olav Thon Eiendomsselskap's Current Ratio distribution charts can be found below:

* The bar in red indicates where Olav Thon Eiendomsselskap's Current Ratio falls into.


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Olav Thon Eiendomsselskap 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.

Olav Thon Eiendomsselskap'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 )
=1499/5149
=0.29

Olav Thon Eiendomsselskap's Current Ratio for the quarter that ended in Mar. 2025 is calculated as

Current Ratio (Q: Mar. 2025 )=Total Current Assets (Q: Mar. 2025 )/Total Current Liabilities (Q: Mar. 2025 )
=1321/8046
=0.16

* 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.


Olav Thon Eiendomsselskap  (OSL:OLT) 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.


Olav Thon Eiendomsselskap Current Ratio Related Terms

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Olav Thon Eiendomsselskap Business Description

Traded in Other Exchanges
Address
Stenersgata 2A, Sentrum, P.O. Box 489, Oslo, NOR, 0105
Olav Thon Eiendomsselskap is a general real estate company that operates in two segments: shopping centers and commercial property. The vast majority of revenue is derived from its shopping center segment. Olav generates most of its revenue in Norway, followed by Sweden. The company aims to realize portfolio returns through active development, effective management, and satisfied tenants. The company considers merger and acquisition investment as a component of its operational growth strategy.

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