NIO.ST
Price:
$4.85
Market Cap:
$329.39M
Nordic Iron Ore AB (publ) engages in the exploration, development, and mining of iron-ore deposits in Västerbergslagen, Sweden. Its products include fines, sinter, pellets, and lump ore. The company also explores for apatite, lanthanum, gold, and copper deposits. Its exploitation concessions include Blötbergsgruvan K No. 1, Blötbergsgruvan K No. 2, Håksbergsgruvan K No. 1, and Southern Väsman field K No. 1, as well as exploration permit, including Ludvikafältet No. 1 and Blötberget No. 4 located in Ludvika. The company was founded in 2008 and is headquartered in Danderyd, Sweden.
Industry
Industrial Materials
IPO Date
2018-10-01
Stock Exchange
STO
Ticker
NIO.ST
According to Nordic Iron Ore AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 4.35. This represents a change of -51.54% compared to the average of 8.98 of the last 4 quarters.
The mean historical Current Ratio of Nordic Iron Ore AB (publ) over the last ten years is 2.77. The current 4.35 Current Ratio has changed 15.58% with respect to the historical average. Over the past ten years (40 quarters), NIO.ST's Current Ratio was at its highest in in the September 2024 quarter at 33.47. The Current Ratio was at its lowest in in the September 2023 quarter at 0.03.
Average
2.77
Median
0.63
Minimum
0.05
Maximum
17.28
Discovering the peaks and valleys of Nordic Iron Ore AB (publ) 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 = 34.35%
Maximum Annual Current Ratio = 17.28
Minimum Annual Increase = -85.98%
Minimum Annual Current Ratio = 0.05
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 17.28 | 34.35% |
| 2023 | 0.05 | -64.10% |
| 2022 | 0.14 | -65.57% |
| 2021 | 0.41 | -36.64% |
| 2020 | 0.64 | -25.57% |
| 2019 | 0.86 | -72.57% |
| 2018 | 3.14 | 2.00% |
| 2017 | 0.15 | -76.06% |
| 2016 | 0.62 | -85.98% |
| 2015 | 4.46 | 114.15% |
The current Current Ratio of Nordic Iron Ore AB (publ) (NIO.ST) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.82
5-year avg
3.70
10-year avg
2.77
Nordic Iron Ore AB (publ)’s Current Ratio is greater than BE Group AB (publ) (1.73), less than Arctic Minerals AB (publ) (11.49), less than Polygiene Group AB (4.91), greater than Nexam Chemical Holding AB (publ) (1.85), greater than Botnia Gold AB (publ) (1.14), greater than OrganoClick AB (publ) (0.70), greater than aXichem AB (2.17), greater than Lucara Diamond Corp. (0.37), less than Serstech AB (4.79), greater than Kakel Max AB (publ) (1.36),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.73 | $384.77M | |
| 11.49 | $199.21M | |
| 4.91 | $370.75M | |
| 1.85 | $268.64M | |
| 1.14 | $436.61M | |
| 0.70 | $167.09M | |
| 2.17 | $139.51M | |
| 0.37 | $557.53M | |
| 4.79 | $162.26M | |
| 1.36 | $30.39M |
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