NKRKY
Price:
$7.08
Market Cap:
$1.71B
Nokian Renkaat Oyj specializes in the development and manufacturing of tires, distributing its products across a global footprint that includes Finland, the Nordic region, Russia, the broader European continent, Asia, and the Americas. Its operational structure is divided into three primary business segments: Passenger Car Tyres, Heavy Tyres, and Vianor. The Passenger Car Tyres segment is dedicated to designing and producing both summer and winter tires for passenger vehicles and light commercial vans. The Heavy Tyres division provides robust tire solutions for a variety of specialized applications, such as forestry, agriculture, and industrial machinery, alongside offering truck tires and m...[Read more]
Industry
Auto - Parts
IPO Date
2012-04-18
Stock Exchange
OTC
Ticker
NKRKY
According to Nokian Renkaat Oyj’s latest financial reports and current stock price. The company's current Current Ratio is 1.78. This represents a change of -1.12% compared to the average of 1.80 of the last 4 quarters.
The mean historical Current Ratio of Nokian Renkaat Oyj over the last ten years is 2.92. The current 1.78 Current Ratio has changed 5.98% with respect to the historical average. Over the past ten years (40 quarters), NKRKY's Current Ratio was at its highest in in the March 2018 quarter at 5.32. The Current Ratio was at its lowest in in the September 2025 quarter at 1.58.
Average
2.92
Median
2.48
Minimum
2.08
Maximum
4.87
Discovering the peaks and valleys of Nokian Renkaat Oyj 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 = 72.38%
Maximum Annual Current Ratio = 4.87
Minimum Annual Increase = -52.52%
Minimum Annual Current Ratio = 2.08
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.08 | -12.96% |
| 2024 | 2.39 | -6.99% |
| 2023 | 2.57 | 20.01% |
| 2022 | 2.14 | -19.01% |
| 2021 | 2.64 | 12.86% |
| 2020 | 2.34 | -41.28% |
| 2019 | 3.98 | 72.38% |
| 2018 | 2.31 | -52.52% |
| 2017 | 4.87 | 24.28% |
| 2016 | 3.92 | -3.32% |
The current Current Ratio of Nokian Renkaat Oyj (NKRKY) 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
2.34
5-year avg
2.36
10-year avg
2.92
Nokian Renkaat Oyj’s Current Ratio is greater than Hino Motors, Ltd. (0.82), greater than Melco International Development Limited (1.09), greater than Hino Motors, Ltd. (0.82), greater than Gestamp Automoción, S.A. (1.03), greater than Leon's Furniture Limited (1.53), greater than Salvatore Ferragamo S.p.A. (1.68), greater than Salvatore Ferragamo S.p.A. (1.68), greater than The Hongkong and Shanghai Hotels, Limited (0.39), greater than HelloFresh SE (0.73), greater than Fiskars Oyj Abp (1.26),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.82 | $17.13B | |
| 1.09 | $1.07B | |
| 0.82 | $1.35B | |
| 1.03 | $2.12B | |
| 1.53 | $1.19B | |
| 1.68 | $1.77B | |
| 1.68 | $1.47B | |
| 0.39 | $1.33B | |
| 0.73 | $655.64M | |
| 1.26 | $1.29B |
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