Icelandair Group hf.

Icelandair Group hf.verified

ICEAIR.IC

Price:

$0.91

Market Cap:

$297.11M

Icelandair Group hf., together with its subsidiaries, operates in the airline industry in Iceland and internationally. The company operates through Passenger and Cargo Operations, and Other Group Entities segments. It offers air-freight and cargo services; and aircraft, crew, maintenance, insurance, and capacity solution for airlines and tour operators. The company also operates logistics business through cargo, aircraft leasing, and consulting services. In addition, it provides airport ground handling services; and acts as a tour operator. It operates in North America, Iceland, Europe, Scandinavia, and internationally. The company was founded in 1937 and is based in Reykjavik, Iceland.

Industry

Airlines, Airports & Air Services

IPO Date

2006-12-15

Stock Exchange

ICE

Ticker

ICEAIR.IC

The Current Ratio as of December 2025 (TTM) for Icelandair Group hf. (ICEAIR.IC) is 0.73

According to Icelandair Group hf.’s latest financial reports and current stock price. The company's current Current Ratio is 0.73. This represents a change of 5.69% compared to the average of 0.69 of the last 4 quarters.

Icelandair Group hf. (ICEAIR.IC) Historical Current Ratio (quarterly & annually)

How has ICEAIR.IC Current Ratio performed in the past?

The mean historical Current Ratio of Icelandair Group hf. over the last ten years is 0.79. The current 0.73 Current Ratio has changed 9.11% with respect to the historical average. Over the past ten years (40 quarters), ICEAIR.IC's Current Ratio was at its highest in in the September 2015 quarter at 1.08. The Current Ratio was at its lowest in in the June 2020 quarter at 0.43.

Quarterly (TTM)
Annual

Average

0.79

Median

0.77

Minimum

0.63

Maximum

0.98

Icelandair Group hf. (ICEAIR.IC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Icelandair Group hf. 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 = 20.61%

Maximum Annual Current Ratio = 0.98

Minimum Annual Increase = -26.87%

Minimum Annual Current Ratio = 0.63

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.63-11.20%
20230.71-4.86%
20220.74-10.51%
20210.8318.00%
20200.70-18.19%
20190.8620.61%
20180.71-26.87%
20170.986.63%
20160.9213.86%
20150.80-3.64%

Icelandair Group hf. (ICEAIR.IC) Average Current Ratio

How has ICEAIR.IC Current Ratio performed in the past?

The current Current Ratio of Icelandair Group hf. (ICEAIR.IC) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

0.69

5-year avg

0.72

10-year avg

0.79

Icelandair Group hf. (ICEAIR.IC) Current Ratio vs. Peers

How is ICEAIR.IC’s Current Ratio compared to its peers?

Icelandair Group hf.’s Current Ratio is

CompanyCurrent RatioMarket cap

Build a custom stock screener for Icelandair Group hf. (ICEAIR.IC) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Icelandair Group hf. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Icelandair Group hf. (ICEAIR.IC) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Icelandair Group hf. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Icelandair Group hf.'s Current Ratio?

How is the Current Ratio calculated for Icelandair Group hf. (ICEAIR.IC)?

What is the highest Current Ratio for Icelandair Group hf. (ICEAIR.IC)?

What is the 3-year average Current Ratio for Icelandair Group hf. (ICEAIR.IC)?

What is the 5-year average Current Ratio for Icelandair Group hf. (ICEAIR.IC)?

How does the current Current Ratio for Icelandair Group hf. (ICEAIR.IC) compare to its historical average?