Magnora ASALTS:0MHQ 72 Quick Ratio is 2.07 as of Mar. 2026, which is 66% below its 10-year median of 6.14. GuruFocus rates LTS:0MHQ with a GF Score™ of 72/100 and a GF Value™ of kr21.67 (Fairly Valued). The stock has 6 warning signs investors should review. Among 446 Utilities - Independent Power Producers companies, Magnora ASA ranks better than 73.54% 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. Magnora ASA's quick ratio for the quarter that ended in Mar. 2026 was 2.07.
Magnora ASA has a quick ratio of 2.07. It generally indicates good short-term financial strength.
The historical rank and industry rank for Magnora ASA's Quick Ratio or its related term are showing as below:
LTS:0MHQ'
s Quick 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 Quick Ratio was 66.45. The lowest was 0.54. And the median was 6.14.
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.
Magnora ASA Quick Ratio Related Terms
Magnora ASA Quick Ratio Historical Data
* Premium members only.
The historical data trend for Magnora 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 Utilities - Renewable subindustry, Magnora 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.
Magnora ASA Quick Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Magnora ASA's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Magnora 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.
Magnora 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.
Magnora ASA (LTS:0MHQ) has a Quick Ratio of 2.07 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Magnora ASA and its competitors. This is 66% below median its historical median of 6.14. Over the past decade, Magnora ASA's Quick Ratio has ranged from 0.54 to 66.45. According to the industry distribution chart, Magnora ASA ranks #118 out of 446 companies in the Utilities - Independent Power Producers industry, placing it in the top 26.5%.
Is Magnora ASA's Quick Ratio too high?
Magnora ASA's current Quick 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 Quick Ratio is 1.24. Magnora ASA's value of 2.07 is 66.9% above this industry median. Based on the distribution chart, Magnora ASA ranks #118 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 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Magnora ASA's Quick Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Magnora ASA ranks #118 out of 446 companies for Quick Ratio. This puts Magnora ASA in the upper half of its industry. The industry median Quick Ratio is 1.24. Magnora ASA's value of 2.07 is 66.9% above this benchmark. Historically, Magnora ASA's own Quick 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 1.24, 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 Quick Ratio for an Utilities - Independent Power Producers company?
The median Quick Ratio among Utilities - Independent Power Producers companies is 1.24, based on 446 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. Magnora ASA's current Quick Ratio of 2.07 is 66.9% 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 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 Magnora ASA and its competitors. For the Utilities - Independent Power Producers industry, the median Quick Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnora ASA's current Quick 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?
Based on GuruFocus' analysis, Magnora ASA (LTS:0MHQ) is currently considered Fairly Valued. The stock's GF Value™ is kr21.67, compared to a current price of kr23.68 — trading 9.3% above its estimated fair value. The current Quick Ratio is 2.07, which is 66% below median its 10-year median of 6.14 and 66.9% above the Utilities - Independent Power Producers industry median of 1.24. Magnora ASA's overall GF Score™ is 72/100 with 6 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 Magnora ASA (LTS:0MHQ), the current Quick 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 (LTS:0MHQ) Overvalued in 2026?
Based on GuruFocus' analysis, Magnora ASA stock appears to be overvalued.
The current stock price of kr23.68 is trading 9.3% above its estimated GF Value™ of kr21.67.
GuruFocus considers Magnora ASA to be Fairly Valued.
Key valuation signals for LTS:0MHQ:
Quick Ratio: 2.07 (66% below median its 10-year median of 6.14)
GF Value™: kr21.67 vs. price of kr23.68 (9.3% above fair value)
Industry Position: 66.9% above the Utilities - Independent Power Producers median (#118 of 446)
No single metric tells the full story. See the LTS:0MHQ 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.
72GF Score
Get the complete analysis for LTS:0MHQ
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0MHQ has been successfully added to your 
