Telenor ASATELNF 58 Quick Ratio is 1.55 as of Mar. 2026, which is 131% above its 10-year median of 0.67. GuruFocus rates TELNF with a GF Score™ of 58/100 and a GF Value™ of $13.32 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 371 Telecommunication Services companies, Telenor ASA ranks better than 74.39% 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. Telenor ASA's quick ratio for the quarter that ended in Mar. 2026 was 1.55.
Telenor ASA has a quick ratio of 1.55. It generally indicates good short-term financial strength.
The historical rank and industry rank for Telenor ASA's Quick Ratio or its related term are showing as below:
TELNF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.67 Max: 1.55
Current: 1.55
During the past 13 years, Telenor ASA's highest Quick Ratio was 1.55. The lowest was 0.42. And the median was 0.67.
TELNF's Quick Ratio is ranked better than 74.39% of 371
companies
in the Telecommunication Services industry
Industry Median: 1.06
vs TELNF: 1.55
Telenor ASA (OTCPK:TELNF) 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.
Telenor ASA Quick Ratio Related Terms
Telenor ASA Quick Ratio Historical Data
* Premium members only.
The historical data trend for Telenor 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 Telecom Services subindustry, Telenor 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.
Telenor ASA Quick Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telenor ASA's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Telenor 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.
Telenor 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.
Telenor ASA (TELNF) has a Quick Ratio of 1.55 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Telenor ASA and its competitors. This is 131% above median its historical median of 0.67. Over the past decade, Telenor ASA's Quick Ratio has ranged from 0.42 to 1.55. According to the industry distribution chart, Telenor ASA ranks #95 out of 371 companies in the Telecommunication Services industry, placing it in the top 25.6%.
Is Telenor ASA's Quick Ratio too high?
Telenor ASA's current Quick Ratio of 1.55 is 131% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.55. The Telecommunication Services industry median Quick Ratio is 1.06. Telenor ASA's value of 1.55 is 46.2% above this industry median. Based on the distribution chart, Telenor ASA ranks #95 out of 371 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Telenor ASA has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telenor ASA's Quick Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telenor ASA ranks #95 out of 371 companies for Quick Ratio. This puts Telenor ASA in the upper half of its industry. The industry median Quick Ratio is 1.06. Telenor ASA's value of 1.55 is 46.2% above this benchmark. Historically, Telenor ASA's own Quick Ratio has ranged from 0.42 to 1.55 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.06, Telenor 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 a Telecommunication Services company?
The median Quick Ratio among Telecommunication Services companies is 1.06, based on 371 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. Telenor ASA's current Quick Ratio of 1.55 is 46.2% 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 Telenor ASA and its competitors. For the Telecommunication Services industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telenor ASA's current Quick Ratio is 1.55, which is 131% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telenor ASA stock overvalued right now?
Based on GuruFocus' analysis, Telenor ASA (TELNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.32, compared to a current price of $16.11 — trading 21% above its estimated fair value. The current Quick Ratio is 1.55, which is 131% above median its 10-year median of 0.67 and 46.2% above the Telecommunication Services industry median of 1.06. Telenor ASA's overall GF Score™ is 58/100 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 Telenor ASA (TELNF), the current Quick Ratio is 1.55 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 Telenor ASA (TELNF) Overvalued in 2026?
Based on GuruFocus' analysis, Telenor ASA stock appears to be overvalued.
The current stock price of $16.11 is trading 21% above its estimated GF Value™ of $13.32.
GuruFocus considers Telenor ASA to be Modestly Overvalued.
Key valuation signals for TELNF:
Quick Ratio: 1.55 (131% above median its 10-year median of 0.67)
GF Value™: $13.32 vs. price of $16.11 (21% above fair value)
Industry Position: 46.2% above the Telecommunication Services median (#95 of 371)
No single metric tells the full story. See the TELNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telenor is an international provider of telecommunications services. It is the incumbent dominant telecom operator in Norway, and the Norwegian government holds a stake of more than 50% in the firm. Telenor also operates in other Nordic countries like Sweden, Denmark, and Finland, and owns several businesses in Asia. Most of Telenor's operations are mobile businesses, although it also has some fixed-line operations in Nordic European countries.
58GF Score
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