Novo Nordisk A/S

Novo Nordisk A/S - Current Ratioverified

NVO

Price:

$43.19

Market Cap:

$1.30T

Novo Nordisk A/S is a global pharmaceutical firm dedicated to the investigation, creation, manufacturing, and distribution of medicinal products across a vast international footprint. Its market presence extends throughout Europe, the Middle East, Africa, various parts of Asia (including Mainland China, Hong Kong, and Taiwan), and North America. The company's operations are structured into two principal business units: Diabetes and Obesity Care, and Rare Disease. The Diabetes and Obesity Care division delivers therapies for diabetes, obesity, cardiovascular ailments, and other emerging therapeutic areas. Meanwhile, the Rare Disease division concentrates on providing treatments for rare blood...[Read more]

Industry

Drug Manufacturers - General

IPO Date

1981-04-30

Stock Exchange

NYSE

Ticker

NVO

The Current Ratio as of June 2026 (TTM) for Novo Nordisk A/S (NVO) is 0.79

According to Novo Nordisk A/S’s latest financial reports and current stock price. The company's current Current Ratio is 0.79. This represents a change of 0.09% compared to the average of 0.79 of the last 4 quarters.

Novo Nordisk A/S (NVO) Historical Current Ratio (quarterly & annually)

How has NVO Current Ratio performed in the past?

The mean historical Current Ratio of Novo Nordisk A/S over the last ten years is 0.97. The current 0.79 Current Ratio has changed 7.99% with respect to the historical average. Over the past ten years (40 quarters), NVO's Current Ratio was at its highest in in the June 2017 quarter at 1.35. The Current Ratio was at its lowest in in the March 2024 quarter at 0.70.

Quarterly (TTM)
Annual

Average

0.97

Median

0.92

Minimum

0.74

Maximum

1.28

Novo Nordisk A/S (NVO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Novo Nordisk A/S 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 = 8.11%

Maximum Annual Current Ratio = 1.28

Minimum Annual Increase = -14.59%

Minimum Annual Current Ratio = 0.74

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.808.11%
20240.74-10.14%
20230.82-7.99%
20220.894.01%
20210.86-8.15%
20200.94-11.56%
20191.06-2.90%
20181.09-14.59%
20171.281.34%
20161.26-6.61%

Novo Nordisk A/S (NVO) Average Current Ratio

How has NVO Current Ratio performed in the past?

The current Current Ratio of Novo Nordisk A/S (NVO) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.79

5-year avg

0.82

10-year avg

0.97

Novo Nordisk A/S (NVO) Current Ratio vs. Peers

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

Novo Nordisk A/S’s Current Ratio is less than Merck & Co., Inc. (1.30), less than Novartis AG (0.85), less than Abbott Laboratories (1.39), less than AstraZeneca PLC (0.91), less than Gilead Sciences, Inc. (1.97), less than Pfizer Inc. (1.25), less than Thermo Fisher Scientific Inc. (1.53), less than Amgen Inc. (1.26), less than Sanofi (1.01), less than GSK plc (0.79),

CompanyCurrent RatioMarket cap
1.30$281.24B
0.85$280.64B
1.39$153.94B
0.91$271.29B
1.97$153.66B
1.25$143.74B
1.53$172.66B
1.26$182.21B
1.01$101.89B
0.79$101.54B

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