IDEX Biometrics ASA

IDEX Biometrics ASA - Current Ratioverified

IDXAF

Price:

$0.89

Market Cap:

$66.99M

Headquartered in Oslo, Norway, and established in 1996, IDEX Biometrics ASA is dedicated to developing and commercializing fingerprint authentication technology. The company's innovative biometric solutions are deployed globally, spanning markets in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. These cutting-edge systems are primarily utilized in contactless financial payment applications, secure access control, and various smart cards, including specialized card-based hardware for safeguarding digital currencies. IDEX Biometrics ASA predominantly caters to smart card manufacturers focused on financial payment systems and the burgeoning biometric payment card industry.

Industry

Semiconductors

IPO Date

2014-02-18

Stock Exchange

OTC

Ticker

IDXAF

The Current Ratio as of June 2026 (TTM) for IDEX Biometrics ASA (IDXAF) is 0.85

According to IDEX Biometrics ASA’s latest financial reports and current stock price. The company's current Current Ratio is 0.85. This represents a change of -44.68% compared to the average of 1.55 of the last 4 quarters.

IDEX Biometrics ASA (IDXAF) Historical Current Ratio (quarterly & annually)

How has IDXAF Current Ratio performed in the past?

The mean historical Current Ratio of IDEX Biometrics ASA over the last ten years is 17.20. The current 0.85 Current Ratio has changed 396.88% with respect to the historical average. Over the past ten years (40 quarters), IDXAF's Current Ratio was at its highest in in the March 2018 quarter at 81.00. The Current Ratio was at its lowest in in the March 2026 quarter at 0.85.

Quarterly (TTM)
Annual

Average

17.20

Median

2.97

Minimum

1.36

Maximum

117.55

IDEX Biometrics ASA (IDXAF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of IDEX Biometrics 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 = 1.96%

Maximum Annual Current Ratio = 117.55

Minimum Annual Increase = -98.85%

Minimum Annual Current Ratio = 1.36

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.58-40.78%
20242.6763.11%
20231.64-65.38%
20224.74-45.76%
20218.73235.50%
20202.60-20.32%
20193.27-88.30%
201827.901.96%
20171.36-98.85%
2016117.55951.17%

IDEX Biometrics ASA (IDXAF) Average Current Ratio

How has IDXAF Current Ratio performed in the past?

The current Current Ratio of IDEX Biometrics ASA (IDXAF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.97

5-year avg

3.87

10-year avg

17.20

IDEX Biometrics ASA (IDXAF) Current Ratio vs. Peers

How is IDXAF’s Current Ratio compared to its peers?

IDEX Biometrics ASA’s Current Ratio is less than Esker S.A. (2.58), less than Kahoot! ASA (1.08), less than Magnet Forensics Inc. (2.29), less than Nilar International AB (2.85), less than Darktrace plc (1.28), greater than BHPA Inc. (0.17), less than Casio Computer Co.,Ltd. (3.09), less than SeSa S.p.A. (1.15), less than Learning Technologies Group plc (1.28), less than Keywords Studios plc (1.14),

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