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North Energy ASALTS:0MD9 52 Quick Ratio is 2.16 as of Mar. 2026, which is 81% below its 10-year median of 11.38. GuruFocus rates LTS:0MD9 with a GF Score™ of 52/100 and a GF Value™ of kr7.30 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 708 Asset Management companies, North Energy ASA ranks worse than 57.91% on this metric.
North Energy ASA has a quick ratio of 2.16. It generally indicates good short-term financial strength.
The historical rank and industry rank for North Energy ASA's Quick Ratio or its related term are showing as below:
LTS:0MD9'
s Quick Ratio Range Over the Past 10 Years
Min: 1.11 Med: 11.38 Max: 89.14
Current: 2.16
During the past 13 years, North Energy ASA's highest Quick Ratio was 89.14. The lowest was 1.11. And the median was 11.38.
LTS:0MD9's Quick Ratio is ranked worse than 57.91% of 708
companies
in the Asset Management industry
Industry Median: 2.875
vs LTS:0MD9: 2.16
North Energy ASA (LTS:0MD9) 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.
North Energy ASA Quick Ratio Related Terms
North Energy ASA Quick Ratio Historical Data
* Premium members only.
The historical data trend for North Energy 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 Asset Management subindustry, North Energy 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.
North Energy ASA Quick Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, North Energy ASA's Quick Ratio distribution charts can be found below:
* The bar in red indicates where North Energy 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.
North Energy 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.
North Energy ASA (LTS:0MD9) has a Quick Ratio of 2.16 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on North Energy ASA and its competitors. This is 81% below median its historical median of 11.38. Over the past decade, North Energy ASA's Quick Ratio has ranged from 1.11 to 89.14. According to the industry distribution chart, North Energy ASA ranks #410 out of 708 companies in the Asset Management industry, placing it in the top 57.9%.
Is North Energy ASA's Quick Ratio too high?
North Energy ASA's current Quick Ratio of 2.16 is 81% below median its 10-year median of 11.38. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 89.14. The Asset Management industry median Quick Ratio is 2.88. North Energy ASA's value of 2.16 is 24.9% below this industry median. Based on the distribution chart, North Energy ASA ranks #410 out of 708 companies in the Asset Management industry, which is below the industry midpoint. Overall, North Energy ASA has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does North Energy ASA's Quick Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, North Energy ASA ranks #410 out of 708 companies for Quick Ratio. This places North Energy ASA in the lower half of its industry. The industry median Quick Ratio is 2.88. North Energy ASA's value of 2.16 is 24.9% below this benchmark. Historically, North Energy ASA's own Quick Ratio has ranged from 1.11 to 89.14 over the past decade. While the company's 10-year median is 11.38 vs. the industry median of 2.88, North Energy 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 Asset Management company?
The median Quick Ratio among Asset Management companies is 2.88, based on 708 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. North Energy ASA's current Quick Ratio of 2.16 is 24.9% 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 North Energy ASA and its competitors. For the Asset Management industry, the median Quick Ratio is 2.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Energy ASA's current Quick Ratio is 2.16, which is 81% below median its own 10-year median of 11.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Energy ASA stock overvalued right now?
Based on GuruFocus' analysis, North Energy ASA (LTS:0MD9) is currently considered Possible Value Trap. The stock's GF Value™ is kr7.30, compared to a current price of kr2.40 — trading 67.1% below its estimated fair value. The current Quick Ratio is 2.16, which is 81% below median its 10-year median of 11.38 and 24.9% below the Asset Management industry median of 2.88. North Energy ASA's overall GF Score™ is 52/100 with 5 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 North Energy ASA (LTS:0MD9), the current Quick Ratio is 2.16 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 North Energy ASA (LTS:0MD9) Overvalued in 2026?
Based on GuruFocus' analysis, North Energy ASA stock appears to be undervalued.
The current stock price of kr2.40 is trading 67.1% below its estimated GF Value™ of kr7.30.
GuruFocus considers North Energy ASA to be Possible Value Trap.
Key valuation signals for LTS:0MD9:
Quick Ratio: 2.16 (81% below median its 10-year median of 11.38)
GF Value™: kr7.30 vs. price of kr2.40 (67.1% below fair value)
Industry Position: 24.9% below the Asset Management median (#410 of 708)
No single metric tells the full story. See the LTS:0MD9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
North Energy ASA is an industrial holding company with a portfolio of independent investments, both listed and unlisted. The Group reports only one business segment, the investment activities. The Company evaluates companies both within the traditional energy industry, as well as emerging sectors such as renewable energy production and related activities.
52GF Score
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