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Magnora ASASVMRF 76 Current Ratio is 2.07 as of Mar. 2026, which is 66% below its 10-year median of 6.14. GuruFocus rates SVMRF with a GF Score™ of 76/100 and a GF Value™ of $2.07. The stock has 6 warning signs investors should review. Among 446 Utilities - Independent Power Producers companies, Magnora ASA ranks better than 69.73% 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. Magnora ASA's current ratio for the quarter that ended in Mar. 2026 was 2.07.
Magnora ASA has a current ratio of 2.07. It generally indicates good short-term financial strength.
The historical rank and industry rank for Magnora ASA's Current Ratio or its related term are showing as below:
SVMRF'
s Current Ratio Range Over the Past 10 Years
Min: 0.54 Med: 6.14 Max: 66.45
Current: 2.07
During the past 13 years, Magnora ASA's highest Current Ratio was 66.45. The lowest was 0.54. And the median was 6.14.
Magnora ASA (OTCPK:SVMRF) 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.
Magnora ASA Current Ratio Related Terms
Magnora ASA Current Ratio Historical Data
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The historical data trend for Magnora ASA'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.
For the Utilities - Renewable subindustry, Magnora ASA'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.
Magnora ASA Current Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Magnora ASA's Current Ratio distribution charts can be found below:
* The bar in red indicates where Magnora ASA'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.
Magnora ASA (SVMRF) has a Current Ratio of 2.07 as of Mar. 2026. This is 66% below median its historical median of 6.14. Over the past decade, Magnora ASA's Current Ratio has ranged from 0.54 to 66.45. According to the industry distribution chart, Magnora ASA ranks #135 out of 446 companies in the Utilities - Independent Power Producers industry, placing it in the top 30.3%.
Is Magnora ASA's Current Ratio too high?
Magnora ASA's current Current Ratio of 2.07 is 66% below median its 10-year median of 6.14. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 66.45. The Utilities - Independent Power Producers industry median Current Ratio is 1.36. Magnora ASA's value of 2.07 is 52.2% above this industry median. Based on the distribution chart, Magnora ASA ranks #135 out of 446 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Magnora ASA has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Magnora ASA's Current Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Magnora ASA ranks #135 out of 446 companies for Current Ratio. This puts Magnora ASA in the upper half of its industry. The industry median Current Ratio is 1.36. Magnora ASA's value of 2.07 is 52.2% above this benchmark. Historically, Magnora ASA's own Current Ratio has ranged from 0.54 to 66.45 over the past decade. While the company's 10-year median is 6.14 vs. the industry median of 1.36, Magnora ASA 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 - Independent Power Producers company?
The median Current Ratio among Utilities - Independent Power Producers companies is 1.36, based on 446 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. Magnora ASA's current Current Ratio of 2.07 is 52.2% 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 - Independent Power Producers industry, the median Current Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnora ASA's current Current Ratio is 2.07, which is 66% below median its own 10-year median of 6.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnora ASA stock overvalued right now?
Magnora ASA (SVMRF) has a current Current Ratio of 2.07. The stock's GF Value™ is $2.07, compared to a current price of $2.25 — trading 8.7% above its estimated fair value. The current Current Ratio is 2.07, which is 66% below median its 10-year median of 6.14 and 52.2% above the Utilities - Independent Power Producers industry median of 1.36. Magnora ASA's overall GF Score™ is 76/100 with 6 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 Magnora ASA (SVMRF), the current Current Ratio is 2.07 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 Magnora ASA (SVMRF) Overvalued in 2026?
Based on GuruFocus' analysis, Magnora ASA stock appears to be overvalued.
The current stock price of $2.25 is trading 8.7% above its estimated GF Value™ of $2.07.
Key valuation signals for SVMRF:
Current Ratio: 2.07 (66% below median its 10-year median of 6.14)
GF Value™: $2.07 vs. price of $2.25 (8.7% above fair value)
Industry Position: 52.2% above the Utilities - Independent Power Producers median (#135 of 446)
No single metric tells the full story. See the SVMRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magnora ASA is a renewable energy development company, focusing on the development of wind and Solar PV projects. The group has one operating segment, which is the development of renewable projects that includes four segments: Onshore solar photovoltaic (PV) energy, Onshore wind energy, Battery energy storage systems (BESS), and Offshore wind energy.
76GF Score
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