NONG.OL
Price:
$151.54
Market Cap:
$15.21B
SpareBank 1 Nord-Norge provides banking services to personal and corporate customers in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers various savings, lending, insurance, and pension products, as well as payment services. It also provides secured loan financing, real estate leasing and agency, billing systems, and accounting solutions. It operates through a network of 38 locations in 36 municipalities in Nordland, Troms, Finnmark, and Svalbard. The company was founded in 1836 and is headquartered in Tromsø, Norway.
Industry
Banks - Regional
IPO Date
2003-01-02
Stock Exchange
OSL
Ticker
NONG.OL
According to SpareBank 1 Nord-Norge’s latest financial reports and current stock price. The company's current Current Ratio is 0.01. This represents a change of -82.63% compared to the average of 0.07 of the last 4 quarters.
The mean historical Current Ratio of SpareBank 1 Nord-Norge over the last ten years is 6.57. The current 0.01 Current Ratio has changed -80.77% with respect to the historical average. Over the past ten years (40 quarters), NONG.OL's Current Ratio was at its highest in in the December 2018 quarter at 22.33. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
6.57
Median
4.96
Minimum
0.55
Maximum
22.33
Discovering the peaks and valleys of SpareBank 1 Nord-Norge 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 = 323.35%
Maximum Annual Current Ratio = 22.33
Minimum Annual Increase = -88.24%
Minimum Annual Current Ratio = 0.55
Year | Current Ratio | Change |
---|---|---|
2024 | 2.49 | 7.57% |
2023 | 2.31 | 322.88% |
2022 | 0.55 | -88.24% |
2021 | 4.65 | 17.41% |
2020 | 3.96 | -56.15% |
2019 | 9.03 | -59.56% |
2018 | 22.33 | 323.35% |
2017 | 5.27 | -37.19% |
2016 | 8.40 | 24.83% |
2015 | 6.73 | 183.41% |
The current Current Ratio of SpareBank 1 Nord-Norge (NONG.OL) 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
1.78
5-year avg
2.79
10-year avg
6.57
SpareBank 1 Nord-Norge’s Current Ratio is less than SpareBank 1 SMN (0.09), greater than Aurskog Sparebank (0.01), less than Storebrand ASA (5.97), greater than SpareBank 1 Ostlandet (0.00), less than DNB Bank ASA (0.26),
Company | Current Ratio | Market cap |
---|---|---|
0.09 | $28.49B | |
0.01 | $1.08B | |
5.97 | $63.38B | |
0.00 | $25.92B | |
0.26 | $385.22B |
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What is the Current Ratio?
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