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Nilorngruppen AB (OSTO:NIL B) Current Ratio : 1.76 (As of Jun. 2025)


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What is Nilorngruppen AB 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. Nilorngruppen AB's current ratio for the quarter that ended in Jun. 2025 was 1.76.

Nilorngruppen AB has a current ratio of 1.76. It generally indicates good short-term financial strength.

The historical rank and industry rank for Nilorngruppen AB's Current Ratio or its related term are showing as below:

OSTO:NIL B' s Current Ratio Range Over the Past 10 Years
Min: 1.28   Med: 1.61   Max: 1.94
Current: 1.76

During the past 13 years, Nilorngruppen AB's highest Current Ratio was 1.94. The lowest was 1.28. And the median was 1.61.

OSTO:NIL B's Current Ratio is ranked better than
55.89% of 399 companies
in the Packaging & Containers industry
Industry Median: 1.76 vs OSTO:NIL B: 1.76

Nilorngruppen AB Current Ratio Historical Data

The historical data trend for Nilorngruppen AB'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.

Nilorngruppen AB Current Ratio Chart

Nilorngruppen AB 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 1.70 1.76 1.86 1.53 1.83

Nilorngruppen AB Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 1.69 1.63 1.83 1.94 1.76

Competitive Comparison of Nilorngruppen AB's Current Ratio

For the Packaging & Containers subindustry, Nilorngruppen AB'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.


Nilorngruppen AB's Current Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Nilorngruppen AB's Current Ratio distribution charts can be found below:

* The bar in red indicates where Nilorngruppen AB's Current Ratio falls into.


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Nilorngruppen AB 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.

Nilorngruppen AB'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 )
=398.183/217.294
=1.83

Nilorngruppen AB's Current Ratio for the quarter that ended in Jun. 2025 is calculated as

Current Ratio (Q: Jun. 2025 )=Total Current Assets (Q: Jun. 2025 )/Total Current Liabilities (Q: Jun. 2025 )
=395.974/225.329
=1.76

* 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.


Nilorngruppen AB  (OSTO:NIL B) 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.


Nilorngruppen AB Current Ratio Related Terms

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Nilorngruppen AB Business Description

Traded in Other Exchanges
Address
Wieslanders vag 3, Box 499, Boras, SWE, 501 13
Nilorngruppen AB is a Sweden-based company engaged in the branding, designing, manufacturing, and sale of labels, packaging products, and accessories for clients in the fashion and apparel sector. Its product portfolio consists of Trims, Packaging, and Information labels. Its revenue comes from the information Labels labels product range includes woven labels, printed textile labels, printed hanging labels, and flossed labels. Geographically, the segments of the company are the Nordic region, Other Europe, and Asia, of which key revenue is derived from the operations in the Asian countries.

Nilorngruppen AB Headlines

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