Nord Insuretech Group AB (NGM:NORDIG) Total Current Assets: kr1.35 Mil (As of Jun. 2026)

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NGM:NORDIG Nord Insuretech Group AB NGM:NORDIG
14 GF Score
Price kr0.62
GF Value kr0.27
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Nord Insuretech Group AB Total Current Assets?

Nord Insuretech Group AB NGM:NORDIG 14 Total Current Assets is kr1.35 Mil as of Jun. 2026. GuruFocus rates NGM:NORDIG with a GF Score™ of 14/100 and a GF Value™ of kr0.27 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Nord Insuretech Group AB's total current assets for the quarter that ended in Jun. 2026 was kr1.35 Mil.

Nord Insuretech Group AB  (NGM:NORDIG) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Nord Insuretech Group AB's Liquidation Value for the quarter that ended in Jun. 2026 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.292-19.79+0.75 * 0+0.5 * 0
=-18.50

* 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.

Nord Insuretech Group AB Total Current Assets Related Terms

Nord Insuretech Group AB Total Current Assets Historical Data

* Premium members only.

The historical data trend for Nord Insuretech Group AB's Total Current Assets 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.

Nord Insuretech Group AB Total Current Assets Chart

Nord Insuretech Group AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Current Assets
Get a 7-Day Free Trial 12.31 3.17 57.86 19.20 4.36

Nord Insuretech Group AB Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Total Current Assets 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 48.56 19.20 24.88 4.36 1.35
NGM:NORDIG
14GF Score
Nord Insuretech Group AB NGM:NORDIG
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nord Insuretech Group AB Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Nord Insuretech Group AB's Total Current Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=3.351+0.736+0+0.273
=4.36

Nord Insuretech Group AB's Total Current Assets for the quarter that ended in Jun. 2026 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.292+0.053+0+0
=1.35

* 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.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of kr1.35 Mil mean?
Nord Insuretech Group AB (NGM:NORDIG) has a Total Current Assets of kr1.35 Mil as of Jun. 2026. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Nord Insuretech Group AB and its competitors.
Is Nord Insuretech Group AB's Total Current Assets too high?
Nord Insuretech Group AB's current Total Current Assets is kr1.35 Mil. Overall, Nord Insuretech Group AB has a GF Score™ of 14/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nord Insuretech Group AB's Total Current Assets compare to CRM and SHOP?
Nord Insuretech Group AB's Total Current Assets of kr1.35 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Software company?
A good Total Current Assets depends on the Software industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Nord Insuretech Group AB and its competitors. Nord Insuretech Group AB's current Total Current Assets is kr1.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nord Insuretech Group AB stock overvalued right now?
Based on GuruFocus' analysis, Nord Insuretech Group AB (NGM:NORDIG) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.27, compared to a current price of kr0.62 — trading 127.8% above its estimated fair value. The current Total Current Assets is kr1.35 Mil. Nord Insuretech Group AB's overall GF Score™ is 14/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Nord Insuretech Group AB (NGM:NORDIG), the current Total Current Assets is kr1.35 Mil as of Jun. 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 Nord Insuretech Group AB (NGM:NORDIG) Overvalued in 2026?

Based on GuruFocus' analysis, Nord Insuretech Group AB stock appears to be overvalued. The current stock price of kr0.62 is trading 127.8% above its estimated GF Value™ of kr0.27. GuruFocus considers Nord Insuretech Group AB to be Significantly Overvalued.

Key valuation signals for NGM:NORDIG:

  • Total Current Assets: kr1.35 Mil
  • GF Value™: kr0.27 vs. price of kr0.62 (127.8% above fair value)
  • GF Score™: 14/100 with 9 warning signs

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

Nord Insuretech Group AB Business Description

Address Industrigatan 4A, Stockholm, SWE, 112 46
Nord Insuretech Group AB is a operator of digital platform. It delivers next-generation integrated insurance in the Nordic region. The company distributes its services through partners who can then sell various insurance products to end customers through the company's digital platform.
14GF Score

Get the complete analysis for NGM:NORDIG

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

kr0.62
Price
kr0.27
GF Value