Nokian Renkaat Oyj

Nokian Renkaat Oyjverified

NKRKY

Price:

$3.7

Market Cap:

$883.76M

Nokian Renkaat Oyj develops and manufactures tires in Finland, Nordics, Russia, the rest of Europe, Asia, the Americas, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor segments. The Passenger Car Tyres segment develops and produces summer and winter tires for cars and vans. The Heavy Tyres segment offers tires for forestry machinery; and special tires for agricultural machinery, tractors, and industrial machinery, as well as retreading materials and truck tires. The Vianor segment sells car and van tires, as well as truck tires under the Nokian brand, and other tire brands; and other automotive products and services. The company offers its products throu...[Read more]

Industry

Auto - Parts

IPO Date

2012-04-18

Stock Exchange

OTC

Ticker

NKRKY

The Current Ratio as of July 2025 (TTM) for Nokian Renkaat Oyj (NKRKY) is 2.09

According to Nokian Renkaat Oyj’s latest financial reports and current stock price. The company's current Current Ratio is 2.09. This represents a change of -7.87% compared to the average of 2.27 of the last 4 quarters.

Nokian Renkaat Oyj (NKRKY) Historical Current Ratio (quarterly & annually)

How has NKRKY Current Ratio performed in the past?

The mean historical Current Ratio of Nokian Renkaat Oyj over the last ten years is 3.12. The current 2.09 Current Ratio has changed 6.61% 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 2020 quarter at 1.77.

Quarterly (TTM)
Annual

Average

3.12

Median

2.60

Minimum

2.14

Maximum

4.87

Nokian Renkaat Oyj (NKRKY) Current Ratio by Quarter and Year

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 = 2.14

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.39-6.99%
20232.5720.01%
20222.14-19.01%
20212.6412.86%
20202.34-41.28%
20193.9872.38%
20182.31-52.52%
20174.8724.28%
20163.92-3.32%
20154.05-3.35%

Nokian Renkaat Oyj (NKRKY) Average Current Ratio

How has NKRKY Current Ratio performed in the past?

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

2.36

5-year avg

2.41

10-year avg

3.12

Nokian Renkaat Oyj (NKRKY) Current Ratio vs. Peers

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

Nokian Renkaat Oyj’s Current Ratio is less than Luminar Technologies, Inc. (2.83), less than Mobileye Global Inc. (7.64), less than Hyliion Holdings Corp. (13.85), less than Aeva Technologies, Inc. (2.88), less than Innoviz Technologies Ltd. (4.30),

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