NLLSF (NEL ASA) Ending Cash Position: $138.59 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NLLSF NEL ASA NLLSF
56 GF Score
Price $0.22
GF Value $0.23
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is NEL ASA Ending Cash Position?

NEL ASA NLLSF 56 Ending Cash Position is $138.59 Mil as of Jun. 2026. GuruFocus rates NLLSF with a GF Score™ of 56/100 and a GF Value™ of $0.23 (Fairly Valued). The stock has 4 warning signs investors should review.

NEL ASA's Ending Cash Position for the quarter that ended in Jun. 2026 was $138.59 Mil.

NEL ASA's quarterly Ending Cash Position declined from Dec. 2025 ($160.04 Mil) to Mar. 2026 ($149.36 Mil) and declined from Mar. 2026 ($149.36 Mil) to Jun. 2026 ($138.59 Mil).

NEL ASA's annual Ending Cash Position declined from Dec. 2023 ($318.83 Mil) to Dec. 2024 ($167.16 Mil) and declined from Dec. 2024 ($167.16 Mil) to Dec. 2025 ($160.04 Mil).

NEL ASA Ending Cash Position Related Terms

NEL ASA Ending Cash Position Historical Data

* Premium members only.

The historical data trend for NEL ASA's Ending Cash Position 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.

NEL ASA Ending Cash Position Chart

NEL ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 303.17 317.66 318.83 167.16 160.04

NEL ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Ending Cash Position 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 191.80 176.67 160.04 149.36 138.59
NLLSF
56GF Score
NEL ASA NLLSF
Ending Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NEL ASA Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

NEL ASA's Ending Cash Position for the fiscal year that ended in Dec. 2025 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=185.574+-25.539
=160.04

NEL ASA's Ending Cash Position for the quarter that ended in Jun. 2026 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=150.542+-11.954
=138.59

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $138.59 Mil mean?
NEL ASA (NLLSF) has a Ending Cash Position of $138.59 Mil as of Jun. 2026. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on NEL ASA and its competitors.
Is NEL ASA's Ending Cash Position too high?
NEL ASA's current Ending Cash Position is $138.59 Mil. Overall, NEL ASA has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NEL ASA's Ending Cash Position compare to GEV and ETN?
NEL ASA's Ending Cash Position of $138.59 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Ending Cash Position for an Industrial Products company?
A good Ending Cash Position depends on the Industrial Products industry context. However, Ending Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on NEL ASA and its competitors. NEL ASA's current Ending Cash Position is $138.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEL ASA stock overvalued right now?
Based on GuruFocus' analysis, NEL ASA (NLLSF) is currently considered Fairly Valued. The stock's GF Value™ is $0.23, compared to a current price of $0.22 — trading 4.3% below its estimated fair value. The current Ending Cash Position is $138.59 Mil. NEL ASA's overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For NEL ASA (NLLSF), the current Ending Cash Position is $138.59 Mil as of Jun. 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 NEL ASA (NLLSF) Overvalued in 2026?

Based on GuruFocus' analysis, NEL ASA stock appears to be undervalued. The current stock price of $0.22 is trading 4.3% below its estimated GF Value™ of $0.23. GuruFocus considers NEL ASA to be Fairly Valued.

Key valuation signals for NLLSF:

  • Ending Cash Position: $138.59 Mil
  • GF Value™: $0.23 vs. price of $0.22 (4.3% below fair value)
  • GF Score™: 56/100 with 4 warning signs

No single metric tells the full story. See the NLLSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NEL ASA Business Description

Address Karenslyst alle 49, Oslo, NOR, N-0279
NEL ASA is a hydrogen company delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy. It serves industries, energy, and gas companies with hydrogen technology. The company's hydrogen solutions cover the entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles. The company's segments include Nel Alkaline Electrolyser and Nel PEM Electrolyser. It generates maximum revenue from the Nel Alkaline Electrolyser. Nel Alkaline Electrolyser is a supplier of hydrogen production equipment based on alkaline water electrolysis technology.
56GF Score

Get the complete analysis for NLLSF

Ending Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.22
Price
$0.23
GF Value