Norbit ASA (OSL:NORBT) Quick Ratio: 0.71 (As of Mar. 2026) — Near Median


OSL:NORBT Norbit ASA OSL:NORBT
100 GF Score
Price kr172.20
GF Value kr160.52
Valuation Fairly Valued
! 1 Warning Sign
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What is Norbit ASA Quick Ratio?

Norbit ASA OSL:NORBT +1.77% 100 Quick Ratio is 0.71 as of Mar. 2026, which is 1% above its 10-year median of 0.70. GuruFocus rates OSL:NORBT with a GF Score™ of 100/100 and a GF Value™ of kr160.52 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,495 Hardware companies, Norbit ASA ranks worse than 86.77% 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. Norbit ASA's quick ratio for the quarter that ended in Mar. 2026 was 0.71.

Norbit ASA has a quick ratio of 0.71. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Norbit ASA's Quick Ratio or its related term are showing as below:

OSL:NORBT' s Quick Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.7   Max: 1.52
Current: 0.71

During the past 11 years, Norbit ASA's highest Quick Ratio was 1.52. The lowest was 0.48. And the median was 0.70.

OSL:NORBT's Quick Ratio is ranked worse than
86.77% of 2495 companies
in the Hardware industry
Industry Median: 1.46 vs OSL:NORBT: 0.71

Norbit ASA  (OSL:NORBT) 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.


Norbit ASA Quick Ratio Related Terms


Norbit ASA Quick Ratio Historical Data

* Premium members only.

The historical data trend for Norbit 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.

Norbit ASA Quick Ratio Chart

Norbit ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.57 0.53 1.12 0.63

Norbit ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.82 0.74 0.63 0.71

OSL:NORBT vs COHR, KEYS, GRMN: Quick Ratio Comparison

For the Scientific & Technical Instruments subindustry, Norbit 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.


Norbit ASA Quick Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Norbit ASA's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Norbit ASA's Quick Ratio falls into.


OSL:NORBT
100GF Score
Norbit ASA OSL:NORBT
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Norbit ASA 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.

Norbit ASA's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1219.5-731.7)/780.3
=0.63

Norbit ASA's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1220.1-714.6)/711.1
=0.71

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.71 mean?
Norbit ASA (OSL:NORBT) has a Quick Ratio of 0.71 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Norbit ASA and its competitors. This is near median its historical median of 0.70. Over the past decade, Norbit ASA's Quick Ratio has ranged from 0.48 to 1.52. According to the industry distribution chart, Norbit ASA ranks #2165 out of 2495 companies in the Hardware industry, placing it in the top 86.8%.
Is Norbit ASA's Quick Ratio too high?
Norbit ASA's current Quick Ratio of 0.71 is near median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.52. The Hardware industry median Quick Ratio is 1.46. Norbit ASA's value of 0.71 is 51.4% below this industry median. Based on the distribution chart, Norbit ASA ranks #2165 out of 2495 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Norbit ASA has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norbit ASA's Quick Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Norbit ASA ranks #2165 out of 2495 companies for Quick Ratio. This places Norbit ASA in the lower half of its industry. The industry median Quick Ratio is 1.46. Norbit ASA's value of 0.71 is 51.4% below this benchmark. Historically, Norbit ASA's own Quick Ratio has ranged from 0.48 to 1.52 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.46, Norbit 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 a Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,495 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. Norbit ASA's current Quick Ratio of 0.71 is 51.4% 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 Norbit ASA and its competitors. For the Hardware industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norbit ASA's current Quick Ratio is 0.71, which is near median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norbit ASA stock overvalued right now?
Based on GuruFocus' analysis, Norbit ASA (OSL:NORBT) is currently considered Fairly Valued. The stock's GF Value™ is kr160.52, compared to a current price of kr172.20 — trading 7.3% above its estimated fair value. The current Quick Ratio is 0.71, which is near median its 10-year median of 0.70 and 51.4% below the Hardware industry median of 1.46. Norbit ASA's overall GF Score™ is 100/100 with 1 warning sign 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 Norbit ASA (OSL:NORBT), the current Quick Ratio is 0.71 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 Norbit ASA (OSL:NORBT) Overvalued in 2026?

Based on GuruFocus' analysis, Norbit ASA stock appears to be overvalued. The current stock price of kr172.20 is trading 7.3% above its estimated GF Value™ of kr160.52. GuruFocus considers Norbit ASA to be Fairly Valued.

Key valuation signals for OSL:NORBT:

  • Quick Ratio: 0.71 (near median its 10-year median of 0.70)
  • GF Value™: kr160.52 vs. price of kr172.20 (7.3% above fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 51.4% below the Hardware median (#2165 of 2495)

No single metric tells the full story. See the OSL:NORBT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norbit ASA Business Description

Address Stiklestadveien 1, Trondheim, NOR, NO-7041
Norbit ASA is a provider of tailored technology to selected applications by solving challenges through solutions. It is organised in three operating segments: Oceans, Connectivity and Product, Innovation & Realization (PIR). The Oceans segment delivers tailored technology solutions to the maritime markets, the Connectivity segment supplier of secure wireless technology for industrial and mission-critical applications - ranging from transportation infrastructure to navigation and defence-related environments, and the Product, Innovation & Realization (PIR) segment provides R&D products and services and contract manufacturing to key customers. The majority of the company's revenue is derived from the PIR segment.
100GF Score

Get the complete analysis for OSL:NORBT

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr172.20
Price
kr160.52
GF Value