Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Lauritz com Group AS's current ratio for the quarter that ended in Mar. 2023 was 0.52.
Lauritz com Group AS has a current ratio of 0.52. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Lauritz com 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 Lauritz com Group AS's Current Ratio or its related term are showing as below:
OSTO:LAUR's Current Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.58 * Ranked among companies with meaningful Current Ratio only.
Lauritz com Group AS (OSTO:LAUR) 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.
Lauritz com Group AS Current Ratio Related Terms
Lauritz com Group AS Current Ratio Historical Data
* Premium members only.
The historical data trend for Lauritz com Group AS'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.
OSTO:LAUR vs ORLY, AZO, TSCO: Current Ratio Comparison
For the Specialty Retail subindustry, Lauritz com 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.
Lauritz com Group AS Current Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Lauritz com Group AS's Current Ratio distribution charts can be found below:
* The bar in red indicates where Lauritz com 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.
Lauritz com Group AS (OSTO:LAUR) has a Current Ratio of 0.52 as of Mar. 2023.
Is Lauritz com Group AS's Current Ratio too high?
Lauritz com Group AS's current Current Ratio is 0.52. The Retail - Cyclical industry median Current Ratio is 1.58. Lauritz com Group AS's value of 0.52 is 67.1% below this industry median. Overall, Lauritz com Group AS has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Lauritz com Group AS's Current Ratio compare to ORLY and AZO?
Lauritz com Group AS's Current Ratio of 0.52 can be compared against companies in the Retail - Cyclical industry. The industry median Current Ratio is 1.58. Lauritz com Group AS's value of 0.52 is 67.1% below this benchmark. 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 Retail - Cyclical company?
The median Current Ratio among Retail - Cyclical companies is 1.58, based on 1,135 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. Lauritz com Group AS's current Current Ratio of 0.52 is 67.1% 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 Retail - Cyclical industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lauritz com Group AS's current Current Ratio is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lauritz com Group AS stock overvalued right now?
Lauritz com Group AS (OSTO:LAUR) has a current Current Ratio of 0.52. The current Current Ratio is 0.52 and 67.1% below the Retail - Cyclical industry median of 1.58. Lauritz com Group AS's overall GF Score™ is 4/100. 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 Lauritz com Group AS (OSTO:LAUR), the current Current Ratio is 0.52 as of Mar. 2023. 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.
Lauritz com Group AS provides online auctions service. It offers traditional auctions of art, design, antiques & home luxury online. The company operates through its own auction houses and auction houses operated by partners under partnership agreements. The products auctioned by the company include carpets, rugs, textiles, clothing, shoes, accessories, electronics, furniture, sports and leisure, home and garden, paintings, etc.
4GF Score
Get the complete analysis for OSTO:LAUR
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OSTO:LAUR has been successfully added to your 
