Nortel AS

Nortel AS - Current Ratioverified

NTEL.OL

Price:

$25

Market Cap:

$470.08M

Nortel AS, a telecommunications firm based in Alesund, Norway, commenced operations in 2019. This company primarily caters to small and medium-sized enterprises across Norway, providing essential services such as mobile and data plans, high-speed internet, and voice over IP telephony solutions.

Industry

Telecommunications Services

IPO Date

2020-11-19

Stock Exchange

OSL

Ticker

NTEL.OL

The Current Ratio as of September 2026 (TTM) for Nortel AS (NTEL.OL) is 0.41

According to Nortel AS’s latest financial reports and current stock price. The company's current Current Ratio is 0.41. This represents a change of -13.52% compared to the average of 0.47 of the last 4 quarters.

Nortel AS (NTEL.OL) Historical Current Ratio (quarterly & annually)

How has NTEL.OL Current Ratio performed in the past?

The mean historical Current Ratio of Nortel AS over the last ten years is 1.99. The current 0.41 Current Ratio has changed 1.95% with respect to the historical average. Over the past ten years (40 quarters), NTEL.OL's Current Ratio was at its highest in in the December 2020 quarter at 4.29. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

1.99

Median

1.62

Minimum

0.41

Maximum

4.29

Nortel AS (NTEL.OL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nortel 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 = 102.30%

Maximum Annual Current Ratio = 4.29

Minimum Annual Increase = -73.65%

Minimum Annual Current Ratio = 0.41

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.41-63.95%
20211.13-73.65%
20204.29102.30%

Nortel AS (NTEL.OL) Average Current Ratio

How has NTEL.OL Current Ratio performed in the past?

The current Current Ratio of Nortel AS (NTEL.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

1.94

5-year avg

1.99

10-year avg

1.99

Nortel AS (NTEL.OL) Current Ratio vs. Peers

How is NTEL.OL’s Current Ratio compared to its peers?

Nortel AS’s Current Ratio is less than Sikri Group ASA (0.65), less than ADS Maritime Holding Plc (16.76), less than Lifecare AS (0), less than null (0), less than null (11.69),

CompanyCurrent RatioMarket cap
0.65$788.19M
16.76$174.68M
0$5.99M
0$0
11.69$0

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