NTG Nordic Transport Group AS has a quick ratio of 1.02. It generally indicates good short-term financial strength.
The historical rank and industry rank for NTG Nordic Transport Group AS's Quick Ratio or its related term are showing as below:
OCSE:NTG'
s Quick Ratio Range Over the Past 10 Years
Min: 0.81 Med: 0.94 Max: 101.43
Current: 1.02
During the past 13 years, NTG Nordic Transport Group AS's highest Quick Ratio was 101.43. The lowest was 0.81. And the median was 0.94.
OCSE:NTG's Quick Ratio is ranked worse than 66.67% of 1002
companies
in the Transportation industry
Industry Median: 1.355
vs OCSE:NTG: 1.02
NTG Nordic Transport Group AS (OCSE:NTG) 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.
NTG Nordic Transport Group AS Quick Ratio Related Terms
NTG Nordic Transport Group AS 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.
OCSE:NTG vs UPS, FDX, JBHT: Quick Ratio Comparison
For the Integrated Freight & Logistics subindustry, NTG Nordic Transport Group AS'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.
NTG Nordic Transport Group AS Quick Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, NTG Nordic Transport Group AS's Quick Ratio distribution charts can be found below:
* The bar in red indicates where NTG Nordic Transport Group AS's Quick Ratio falls into.
NTG Nordic Transport Group AS 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.
NTG Nordic Transport Group AS (OCSE:NTG) has a Quick Ratio of 1.02 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on NTG Nordic Transport Group AS and its competitors. This is near median its historical median of 0.94. Over the past decade, NTG Nordic Transport Group AS's Quick Ratio has ranged from 0.81 to 101.43. According to the industry distribution chart, NTG Nordic Transport Group AS ranks #668 out of 1002 companies in the Transportation industry, placing it in the top 66.7%.
Is NTG Nordic Transport Group AS's Quick Ratio too high?
NTG Nordic Transport Group AS's current Quick Ratio of 1.02 is near median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 101.43. The Transportation industry median Quick Ratio is 1.36. NTG Nordic Transport Group AS's value of 1.02 is 24.7% below this industry median. Based on the distribution chart, NTG Nordic Transport Group AS ranks #668 out of 1002 companies in the Transportation industry, which is below the industry midpoint. Overall, NTG Nordic Transport Group AS has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NTG Nordic Transport Group AS's Quick Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, NTG Nordic Transport Group AS ranks #668 out of 1002 companies for Quick Ratio. This places NTG Nordic Transport Group AS in the lower half of its industry. The industry median Quick Ratio is 1.36. NTG Nordic Transport Group AS's value of 1.02 is 24.7% below this benchmark. Historically, NTG Nordic Transport Group AS's own Quick Ratio has ranged from 0.81 to 101.43 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.36, NTG Nordic Transport Group AS 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 a Transportation company?
The median Quick Ratio among Transportation companies is 1.36, based on 1,002 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. NTG Nordic Transport Group AS's current Quick Ratio of 1.02 is 24.7% 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 NTG Nordic Transport Group AS and its competitors. For the Transportation industry, the median Quick Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTG Nordic Transport Group AS's current Quick Ratio is 1.02, which is near median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTG Nordic Transport Group AS stock overvalued right now?
Based on GuruFocus' analysis, NTG Nordic Transport Group AS (OCSE:NTG) is currently considered Significantly Undervalued. The stock's GF Value™ is kr350.54, compared to a current price of kr191.40 — trading 45.4% below its estimated fair value. The current Quick Ratio is 1.02, which is near median its 10-year median of 0.94 and 24.7% below the Transportation industry median of 1.36. NTG Nordic Transport Group AS's overall GF Score™ is 86/100 with 4 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 NTG Nordic Transport Group AS (OCSE:NTG), the current Quick Ratio is 1.02 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 NTG Nordic Transport Group AS (OCSE:NTG) Overvalued in 2026?
Based on GuruFocus' analysis, NTG Nordic Transport Group AS stock appears to be undervalued.
The current stock price of kr191.40 is trading 45.4% below its estimated GF Value™ of kr350.54.
GuruFocus considers NTG Nordic Transport Group AS to be Significantly Undervalued.
Key valuation signals for OCSE:NTG:
Quick Ratio: 1.02 (near median its 10-year median of 0.94)
GF Value™: kr350.54 vs. price of kr191.40 (45.4% below fair value)
Industry Position: 24.7% below the Transportation median (#668 of 1002)
No single metric tells the full story. See the OCSE:NTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NTG Nordic Transport Group AS Business Description
NTG Nordic Transport Group AS is a Denmark-based transport company. It offers the full range of freight forwarding services and end-to-end solutions within Air & Ocean and Road & Logistics, fueled by people power and technology. Business segments of the company include Road & Logistics and Air & Ocean. The majority of its revenue is earned through the Road & Logistics segment, which provides transport and warehousing solutions with a geographical focus on Europe. Geographically, the revenues are earned in Denmark, Sweden, the USA, Germany, Finland, and other countries, with key revenue derived from Denmark.
86GF Score
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