NORSF
Price:
$0.133
Market Cap:
$136.65M
Norsk Titanium AS engages in the additive manufacturing of aerospace-grade titanium components worldwide. Its Rapid Plasma Deposition process transforms titanium wire into complex components for aerospace, defense, and commercial customers. The company was founded in 2007 and is based in Hønefoss, Norway.
Industry
Aerospace & Defense
IPO Date
2022-04-28
Stock Exchange
OTC
Ticker
NORSF
According to Norsk Titanium AS’s latest financial reports and current stock price. The company's current Current Ratio is 3.70. This represents a change of 38.15% compared to the average of 2.68 of the last 4 quarters.
The mean historical Current Ratio of Norsk Titanium AS over the last ten years is 2.22. The current 3.70 Current Ratio has changed 16.57% with respect to the historical average. Over the past ten years (40 quarters), NORSF's Current Ratio was at its highest in in the June 2021 quarter at 5.35. The Current Ratio was at its lowest in in the June 2018 quarter at 0.
Average
2.22
Median
1.89
Minimum
0.09
Maximum
5.22
Discovering the peaks and valleys of Norsk Titanium AS 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 = 5.29%
Maximum Annual Current Ratio = 5.22
Minimum Annual Increase = -87.04%
Minimum Annual Current Ratio = 0.09
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 5.22 | 823.01% |
| 2023 | 0.57 | -77.59% |
| 2022 | 2.52 | -45.00% |
| 2021 | 4.59 | 5.29% |
| 2020 | 0.09 | -87.04% |
| 2019 | 0.66 | -65.25% |
The current Current Ratio of Norsk Titanium AS (NORSF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.77
5-year avg
2.60
10-year avg
2.22
Norsk Titanium AS’s Current Ratio is greater than Safer Shot, Inc. (0.00), greater than Norse Atlantic ASA (0.49), greater than Ten Pao Group Holdings Limited (1.12), greater than Orbital Corporation Limited (1.04), greater than Conrad Industries, Inc. (1.68), less than FuelCell Energy, Inc. (5.37), less than Q.E.P. Co., Inc. (3.98), greater than Amaero International Ltd (2.49), less than Ilika plc (6.24), greater than Maritime Launch Services Inc. (0.01),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.00 | $116.09M | |
| 0.49 | $142.13M | |
| 1.12 | $115.40M | |
| 1.04 | $48.28M | |
| 1.68 | $124.65M | |
| 5.37 | $178.78M | |
| 3.98 | $116.13M | |
| 2.49 | $120.74M | |
| 6.24 | $97.11M | |
| 0.01 | $78.72M |
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