SVMRF
Price:
$2.15
Market Cap:
$1.27B
Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar PV projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.
Industry
Renewable Utilities
IPO Date
2008-06-25
Stock Exchange
OTC
Ticker
SVMRF
According to Magnora ASA’s latest financial reports and current stock price. The company's current Current Ratio is 2.24. This represents a change of 9.41% compared to the average of 2.05 of the last 4 quarters.
The mean historical Current Ratio of Magnora ASA over the last ten years is 5.50. The current 2.24 Current Ratio has changed 3.97% with respect to the historical average. Over the past ten years (40 quarters), SVMRF's Current Ratio was at its highest in in the September 2020 quarter at 66.45. The Current Ratio was at its lowest in in the June 2022 quarter at 0.54.
Average
5.50
Median
5.56
Minimum
1.64
Maximum
11.40
Discovering the peaks and valleys of Magnora ASA 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 = 217.39%
Maximum Annual Current Ratio = 11.40
Minimum Annual Increase = -78.01%
Minimum Annual Current Ratio = 1.64
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.64 | -78.01% |
| 2023 | 7.46 | 217.39% |
| 2022 | 2.35 | -53.06% |
| 2021 | 5.00 | -56.10% |
| 2020 | 11.40 | 18.20% |
| 2019 | 9.64 | 30.82% |
| 2018 | 7.37 | 20.46% |
| 2017 | 6.12 | 175.58% |
| 2016 | 2.22 | 25.30% |
| 2015 | 1.77 | -26.60% |
The current Current Ratio of Magnora ASA (SVMRF) 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
3.82
5-year avg
5.57
10-year avg
5.50
Magnora ASA’s Current Ratio is less than Invinity Energy Systems plc (6.70), greater than Concord New Energy Group Limited (1.08), less than GCL New Energy Holdings Limited (2.75), greater than Tidewater Renewables Ltd. (1.52), less than Westbridge Renewable Energy Corp. (13.93), greater than Azure Power Global Limited (1.46), less than Polaris Renewable Energy Inc. (4.01), greater than Energy World Corporation Ltd (0.51), greater than Green Impact Partners Inc. (0.97), greater than Ampeak Energy Ltd. (1.12),
| Company | Current Ratio | Market cap |
|---|---|---|
| 6.70 | $105.40M | |
| 1.08 | $313.16M | |
| 2.75 | $147.51M | |
| 1.52 | $73.41M | |
| 13.93 | $39.63M | |
| 1.46 | $64.17M | |
| 4.01 | $180.46M | |
| 0.51 | $93.11M | |
| 0.97 | $50.26M | |
| 1.12 | $28.12M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Magnora ASA using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Magnora ASA or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Magnora ASA's Current Ratio?
How is the Current Ratio calculated for Magnora ASA (SVMRF)?
What is the highest Current Ratio for Magnora ASA (SVMRF)?
What is the 3-year average Current Ratio for Magnora ASA (SVMRF)?
What is the 5-year average Current Ratio for Magnora ASA (SVMRF)?
How does the current Current Ratio for Magnora ASA (SVMRF) compare to its historical average?