Nel ASA

Nel ASA - Current Ratioverified

D7G.F

Price:

$0.1998

Market Cap:

$3.71B

Nel ASA, a pioneering company established in 1927 and headquartered in Oslo, Norway, delivers comprehensive hydrogen solutions for production, storage, and distribution. Operating across Norway, the United States, Denmark, and South Korea, it sources hydrogen from renewable energy. The company's operations are segmented into two key areas. Its Nel Hydrogen Fueling division develops and supplies H2Station hydrogen fueling solutions, providing fuel cell electric vehicles (FCEVs) – including cars, buses, trucks, and forklifts – with rapid refueling and extensive range, comparable to their fossil fuel counterparts. The Nel Hydrogen Electrolyser segment specializes in the manufacturing and deploy...[Read more]

Industry

Industrial - Machinery

IPO Date

2017-10-09

Stock Exchange

FSX

Ticker

D7G.F

The Current Ratio as of October 2026 (TTM) for Nel ASA (D7G.F) is 4.00

According to Nel ASA’s latest financial reports and current stock price. The company's current Current Ratio is 4.00. This represents a change of -1.91% compared to the average of 4.08 of the last 4 quarters.

Nel ASA (D7G.F) Historical Current Ratio (quarterly & annually)

How has D7G.F Current Ratio performed in the past?

The mean historical Current Ratio of Nel ASA over the last ten years is 4.56. The current 4.00 Current Ratio has changed 8.66% with respect to the historical average. Over the past ten years (40 quarters), D7G.F's Current Ratio was at its highest in in the March 2021 quarter at 11.37. The Current Ratio was at its lowest in in the September 2017 quarter at 1.74.

Quarterly (TTM)
Annual

Average

4.56

Median

3.98

Minimum

2.73

Maximum

10.66

Nel ASA (D7G.F) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nel ASA Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 266.29%

Maximum Annual Current Ratio = 10.66

Minimum Annual Increase = -44.84%

Minimum Annual Current Ratio = 2.73

Quarterly (TTM)
Annual
YearCurrent RatioChange
20253.9114.85%
20243.40-16.00%
20234.05-3.08%
20224.18-28.93%
20215.88-44.84%
202010.66266.29%
20192.91-13.41%
20183.3622.99%
20172.73-40.31%
20164.58-41.12%

Nel ASA (D7G.F) Average Current Ratio

How has D7G.F Current Ratio performed in the past?

The current Current Ratio of Nel ASA (D7G.F) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.78

5-year avg

4.28

10-year avg

4.56

Nel ASA (D7G.F) Current Ratio vs. Peers

How is D7G.F’s Current Ratio compared to its peers?

Nel ASA’s Current Ratio is greater than HOMAG Group AG (0.40), greater than WashTec AG (0.84), greater than ITM Power Plc (2.62), greater than ITM Power Plc (2.62), greater than Koenig & Bauer AG (1.40), greater than Stabilus SE (1.93), greater than SFC Energy AG (3.50), greater than Takkt AG (1.14), greater than technotrans SE (2.19), greater than 2G Energy AG (2.14),

CompanyCurrent RatioMarket cap
0.40$367.10M
0.84$437.60M
2.62$714.36M
2.62$734.37M
1.40$146.08M
1.93$385.32M
3.50$316.99M
1.14$186.99M
2.19$185.82M
2.14$838.52M

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