Litgrid ABOVSE:LGD1L 28 Current Ratio is 1.63 as of Mar. 2026, which is 90% above its 10-year median of 0.86. GuruFocus rates OVSE:LGD1L with a GF Score™ of 28/100 and a GF Value™ of €0.94 (Fairly Valued). The stock has 4 warning signs investors should review. Among 507 Utilities - Regulated companies, Litgrid AB ranks better than 74.75% 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. Litgrid AB's current ratio for the quarter that ended in Mar. 2026 was 1.63.
Litgrid AB has a current ratio of 1.63. It generally indicates good short-term financial strength.
The historical rank and industry rank for Litgrid AB's Current Ratio or its related term are showing as below:
OVSE:LGD1L'
s Current Ratio Range Over the Past 10 Years
Min: 0.38 Med: 0.86 Max: 2.21
Current: 1.63
During the past 13 years, Litgrid AB's highest Current Ratio was 2.21. The lowest was 0.38. And the median was 0.86.
OVSE:LGD1L's Current Ratio is ranked better than 74.75% of 507
companies
in the Utilities - Regulated industry
Industry Median: 1.08
vs OVSE:LGD1L: 1.63
Litgrid AB (OVSE:LGD1L) 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.
Litgrid AB Current Ratio Related Terms
Litgrid AB Current Ratio Historical Data
* Premium members only.
The historical data trend for Litgrid 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.
OVSE:LGD1L vs NEE, SO, DUK: Current Ratio Comparison
For the Utilities - Regulated Electric subindustry, Litgrid 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.
Litgrid AB Current Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Litgrid AB's Current Ratio distribution charts can be found below:
* The bar in red indicates where Litgrid AB'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.
Litgrid AB (OVSE:LGD1L) has a Current Ratio of 1.63 as of Mar. 2026. This is 90% above median its historical median of 0.86. Over the past decade, Litgrid AB's Current Ratio has ranged from 0.38 to 2.21. According to the industry distribution chart, Litgrid AB ranks #128 out of 507 companies in the Utilities - Regulated industry, placing it in the top 25.2%.
Is Litgrid AB's Current Ratio too high?
Litgrid AB's current Current Ratio of 1.63 is 90% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 2.21. The Utilities - Regulated industry median Current Ratio is 1.08. Litgrid AB's value of 1.63 is 50.9% above this industry median. Based on the distribution chart, Litgrid AB ranks #128 out of 507 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Litgrid AB has a GF Score™ of 28/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Litgrid AB's Current Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Litgrid AB ranks #128 out of 507 companies for Current Ratio. This puts Litgrid AB in the upper half of its industry. The industry median Current Ratio is 1.08. Litgrid AB's value of 1.63 is 50.9% above this benchmark. Historically, Litgrid AB's own Current Ratio has ranged from 0.38 to 2.21 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.08, Litgrid AB has consistently been above 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 an Utilities - Regulated company?
The median Current Ratio among Utilities - Regulated companies is 1.08, based on 507 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. Litgrid AB's current Current Ratio of 1.63 is 50.9% above 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 Utilities - Regulated industry, the median Current Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Litgrid AB's current Current Ratio is 1.63, which is 90% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Litgrid AB stock overvalued right now?
Based on GuruFocus' analysis, Litgrid AB (OVSE:LGD1L) is currently considered Fairly Valued. The stock's GF Value™ is €0.94, compared to a current price of €1.02 — trading 8.5% above its estimated fair value. The current Current Ratio is 1.63, which is 90% above median its 10-year median of 0.86 and 50.9% above the Utilities - Regulated industry median of 1.08. Litgrid AB'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 Litgrid AB (OVSE:LGD1L), the current Current Ratio is 1.63 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 Litgrid AB (OVSE:LGD1L) Overvalued in 2026?
Based on GuruFocus' analysis, Litgrid AB stock appears to be overvalued.
The current stock price of €1.02 is trading 8.5% above its estimated GF Value™ of €0.94.
GuruFocus considers Litgrid AB to be Fairly Valued.
Key valuation signals for OVSE:LGD1L:
Current Ratio: 1.63 (90% above median its 10-year median of 0.86)
GF Value™: €0.94 vs. price of €1.02 (8.5% above fair value)
Industry Position: 50.9% above the Utilities - Regulated median (#128 of 507)
No single metric tells the full story. See the OVSE:LGD1L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Litgrid AB is engaged in the provision of electricity transmission and related services mainly in Lithuania. The services offered by the company include electricity transmission via high-voltage (110-400 kV) electrical installations; trading in imbalance and balancing energy to maintain the balance between production and consumption; system services; and data management. Its customers mainly include grid operators and producer and consumers connected to the transmission grid. Geographically, the company generates maximum revenue from its business in Lithuania, and the rest from Estonia, Sweden, Poland, Luxembourg, Latvia, Denmark, Norway, and other countries.
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