Nordic Semiconductor ASA (NOD.OL) Current Ratio

Price: $134.05
Market Cap: $25.79B
Avg Volume: 662.76K
Country: NO
Industry: Semiconductors
Sector: Technology
Beta: 1.259
52W Range: $76.96-158.55
Website: Nordic Semiconductor ASA

Nordic Semiconductor ASA Current Ratio

  • Annual: 5.37
  • Quarterly: 5.37
  • TTM: 5.37

What is the Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.

Related Metrics

Other important metrics to assess Nordic Semiconductor ASA's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 3.70
    • Quarterly: 3.70
    • TTM: 3.70
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 2.77
    • Quarterly: 2.77
    • TTM: 2.77

These metrics provide insights into Nordic Semiconductor ASA's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Current Ratio

5.37

Quarterly Current Ratio

5.37

TTM Current Ratio

5.37

Nordic Semiconductor ASA Historical Current Ratio
6.006.005.005.004.004.003.003.002.002.001.001.000.000.00Current Ratio20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Quick Ratio
4.004.003.003.002.002.001.001.000.000.00Quick Ratio20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Cash Ratio
3.003.002.002.001.001.000.000.00Cash Ratio20162016201720172018201820192019202020202021202120222022202320232024202420252025

Nordic Semiconductor ASA Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Current Ratio Quick Ratio Cash Ratio
2024 5.37 3.70 2.77
2023 5.34 3.91 2.53
2022 3.81 3.23 2.13
2021 3.94 3.50 2.24
2020 4.37 3.70 2.59
2019 3.33 2.52 1.35
2018 4.53 3.59 2.26
2017 3.43 2.34 0.88
2016 3.49 2.12 0.52
2015 2.70 1.80 0.62

Related Metrics

Explore detailed financial metrics and analysis for NOD.OL.