North European Oil Royalty Trust has a quick ratio of 1.93. It generally indicates good short-term financial strength.
The historical rank and industry rank for North European Oil Royalty Trust's Quick Ratio or its related term are showing as below:
NRT'
s Quick Ratio Range Over the Past 10 Years
Min: 1.02 Med: 1.08 Max: 8.83
Current: 1.93
During the past 13 years, North European Oil Royalty Trust's highest Quick Ratio was 8.83. The lowest was 1.02. And the median was 1.08.
NRT's Quick Ratio is ranked better than 71.64% of 1012
companies
in the Oil & Gas industry
Industry Median: 1.11
vs NRT: 1.93
North European Oil Royalty Trust (NYSE:NRT) 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 European Oil Royalty Trust Quick Ratio Related Terms
North European Oil Royalty Trust Quick Ratio Historical Data
* 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 European Oil Royalty Trust Quick Ratio Chart
For the Oil & Gas E&P subindustry, North European Oil Royalty Trust'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 European Oil Royalty Trust Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, North European Oil Royalty Trust's Quick Ratio distribution charts can be found below:
* The bar in red indicates where North European Oil Royalty Trust's Quick Ratio falls into.
North European Oil Royalty Trust Quick Ratio Calculation
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.
* 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 European Oil Royalty Trust (NRT) has a Quick Ratio of 1.93 as of Apr. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on North European Oil Royalty Trust and its competitors. This is 79% above median its historical median of 1.08. Over the past decade, North European Oil Royalty Trust's Quick Ratio has ranged from 1.02 to 8.83. According to the industry distribution chart, North European Oil Royalty Trust ranks #287 out of 1012 companies in the Oil & Gas industry, placing it in the top 28.4%.
Is North European Oil Royalty Trust's Quick Ratio too high?
North European Oil Royalty Trust's current Quick Ratio of 1.93 is 79% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 8.83. The Oil & Gas industry median Quick Ratio is 1.11. North European Oil Royalty Trust's value of 1.93 is 73.9% above this industry median. Based on the distribution chart, North European Oil Royalty Trust ranks #287 out of 1012 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, North European Oil Royalty Trust has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does North European Oil Royalty Trust's Quick Ratio compare to PROP and LRDC?
According to the Oil & Gas industry distribution chart, North European Oil Royalty Trust ranks #287 out of 1012 companies for Quick Ratio. This puts North European Oil Royalty Trust in the upper half of its industry. The industry median Quick Ratio is 1.11. North European Oil Royalty Trust's value of 1.93 is 73.9% above this benchmark. Historically, North European Oil Royalty Trust's own Quick Ratio has ranged from 1.02 to 8.83 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.11, North European Oil Royalty Trust 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 Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.11, based on 1,012 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 European Oil Royalty Trust's current Quick Ratio of 1.93 is 73.9% 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 North European Oil Royalty Trust and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North European Oil Royalty Trust's current Quick Ratio is 1.93, which is 79% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North European Oil Royalty Trust stock overvalued right now?
Based on GuruFocus' analysis, North European Oil Royalty Trust (NRT) is currently considered Fairly Valued. The stock's GF Value™ is $7.90, compared to a current price of $7.31 — trading 7.5% below its estimated fair value. The current Quick Ratio is 1.93, which is 79% above median its 10-year median of 1.08 and 73.9% above the Oil & Gas industry median of 1.11. North European Oil Royalty Trust's overall GF Score™ is 73/100 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 North European Oil Royalty Trust (NRT), the current Quick Ratio is 1.93 as of Apr. 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 European Oil Royalty Trust (NRT) Overvalued in 2026?
Based on GuruFocus' analysis, North European Oil Royalty Trust stock appears to be undervalued.
The current stock price of $7.31 is trading 7.5% below its estimated GF Value™ of $7.90.
GuruFocus considers North European Oil Royalty Trust to be Fairly Valued.
Key valuation signals for NRT:
Quick Ratio: 1.93 (79% above median its 10-year median of 1.08)
GF Value™: $7.90 vs. price of $7.31 (7.5% below fair value)
Industry Position: 73.9% above the Oil & Gas median (#287 of 1012)
No single metric tells the full story. See the NRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
North European Oil Royalty Trust Business Description
North European Oil Royalty Trust holds overriding royalty rights covering gas and oil production in certain concessions or leases in the Federal Republic of Germany. The properties of the trust are overriding royalty rights on sales of gas, sulfur, and oil under certain concessions or leases in the Federal Republic of Germany. The trust also holds other royalty rights, which are based on leases. It receives various percentages of royalties on the proceeds of the sales of certain products from the areas involved.
73GF Score
Get the complete analysis for NRT
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
NRT has been successfully added to your 
