BlueNord ASALTS:0HTF -0.78%66 Quick Ratio is 0.65 as of Mar. 2026, which is 42% below its 10-year median of 1.13. GuruFocus rates LTS:0HTF with a GF Score™ of 66/100 and a GF Value™ of kr815.19 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,016 Oil & Gas companies, BlueNord ASA ranks worse than 74.61% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. BlueNord ASA's quick ratio for the quarter that ended in Mar. 2026 was 0.65.
BlueNord ASA has a quick ratio of 0.65. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for BlueNord ASA's Quick Ratio or its related term are showing as below:
LTS:0HTF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.47 Med: 1.13 Max: 13.36
Current: 0.65
During the past 13 years, BlueNord ASA's highest Quick Ratio was 13.36. The lowest was 0.47. And the median was 1.13.
LTS:0HTF's Quick Ratio is ranked worse than 74.61% of 1016
companies
in the Oil & Gas industry
Industry Median: 1.12
vs LTS:0HTF: 0.65
BlueNord ASA (LTS:0HTF) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
BlueNord ASA Quick Ratio Related Terms
BlueNord ASA Quick Ratio Historical Data
* Premium members only.
The historical data trend for BlueNord ASA's Quick 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 Oil & Gas E&P subindustry, BlueNord ASA's Quick Ratio, along with its competitors' market caps and Quick 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.
BlueNord ASA Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, BlueNord ASA's Quick Ratio distribution charts can be found below:
* The bar in red indicates where BlueNord ASA's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
BlueNord ASA's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
BlueNord ASA (LTS:0HTF) has a Quick Ratio of 0.65 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on BlueNord ASA and its competitors. This is 42% below median its historical median of 1.13. Over the past decade, BlueNord ASA's Quick Ratio has ranged from 0.47 to 13.36. According to the industry distribution chart, BlueNord ASA ranks #758 out of 1016 companies in the Oil & Gas industry, placing it in the top 74.6%.
Is BlueNord ASA's Quick Ratio too high?
BlueNord ASA's current Quick Ratio of 0.65 is 42% below median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 13.36. The Oil & Gas industry median Quick Ratio is 1.12. BlueNord ASA's value of 0.65 is 42% below this industry median. Based on the distribution chart, BlueNord ASA ranks #758 out of 1016 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, BlueNord ASA has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BlueNord ASA's Quick Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, BlueNord ASA ranks #758 out of 1016 companies for Quick Ratio. This places BlueNord ASA in the lower half of its industry. The industry median Quick Ratio is 1.12. BlueNord ASA's value of 0.65 is 42% below this benchmark. Historically, BlueNord ASA's own Quick Ratio has ranged from 0.47 to 13.36 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.12, BlueNord ASA has consistently been below 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 Quick Ratio for an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,016 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlueNord ASA's current Quick Ratio of 0.65 is 42% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on BlueNord ASA and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlueNord ASA's current Quick Ratio is 0.65, which is 42% below median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlueNord ASA stock overvalued right now?
Based on GuruFocus' analysis, BlueNord ASA (LTS:0HTF) is currently considered Possible Value Trap. The stock's GF Value™ is kr815.19, compared to a current price of kr509.01 — trading 37.6% below its estimated fair value. The current Quick Ratio is 0.65, which is 42% below median its 10-year median of 1.13 and 42% below the Oil & Gas industry median of 1.12. BlueNord ASA's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For BlueNord ASA (LTS:0HTF), the current Quick Ratio is 0.65 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 BlueNord ASA (LTS:0HTF) Overvalued in 2026?
Based on GuruFocus' analysis, BlueNord ASA stock appears to be undervalued.
The current stock price of kr509.01 is trading 37.6% below its estimated GF Value™ of kr815.19.
GuruFocus considers BlueNord ASA to be Possible Value Trap.
Key valuation signals for LTS:0HTF:
Quick Ratio: 0.65 (42% below median its 10-year median of 1.13)
GF Value™: kr815.19 vs. price of kr509.01 (37.6% below fair value)
Industry Position: 42% below the Oil & Gas median (#758 of 1016)
No single metric tells the full story. See the LTS:0HTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BlueNord ASA is a Norway-based oil and gas company engaged in the production and development of oil and gas resources. The company operates mainly in the Danish North Sea through its interest in the Danish Underground Consortium. It focuses on supporting the energy transition by improving the long-term role of oil and gas in the energy mix while reducing greenhouse gas emissions on the Danish Continental Shelf.
66GF Score
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