GN Store Nord A/S

GN Store Nord A/Sverified

GGNDF

Price:

$18.05

Market Cap:

$18.81B

GN Store Nord A/S develops, manufactures, and markets audio and video communications solutions for medical, professional, and consumer technology solutions in Denmark, rest of Europe, North America, and internationally. It operates in two segments, GN Hearing and GN Audio. The GN Hearing segment produces and sells hearing instruments and products. The GN Audio segment supplies headsets, video cameras, and speakerphones for professional use and consumer products. It offers its products under the ReSound, Beltone, Interton, Jabra, BlueParrott, FalCom, and Audigy brands. GN Store Nord A/S was founded in 1869 and is based in Ballerup, Denmark.[Read more]

Industry

Medical - Devices

IPO Date

2012-01-31

Stock Exchange

PNK

Ticker

GGNDF

The Current Ratio as of November 2024 (TTM) for GN Store Nord A/S (GGNDF) is 0.69

According to GN Store Nord A/S’s latest financial reports and current stock price. The company's current Current Ratio is 0.69. This represents a change of 5.15% compared to the average of 0.65 of the last 4 quarters.

GN Store Nord A/S (GGNDF) Historical Current Ratio (quarterly & annually)

How has GGNDF Current Ratio performed in the past?

The mean historical Current Ratio of GN Store Nord A/S over the last ten years is 1.32. The current 0.69 Current Ratio has changed 5.10% with respect to the historical average. Over the past ten years (40 quarters), GGNDF's Current Ratio was at its highest in in the December 2021 quarter at 1.95. The Current Ratio was at its lowest in in the March 2024 quarter at 0.59.

Quarterly (TTM)
Annual

Average

1.32

Median

1.39

Minimum

0.65

Maximum

1.95

GN Store Nord A/S (GGNDF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of GN Store Nord 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 = 50.68%

Maximum Annual Current Ratio = 1.95

Minimum Annual Increase = -59.13%

Minimum Annual Current Ratio = 0.65

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.65-18.43%
20220.80-59.13%
20211.9550.68%
20201.303.74%
20191.25-10.76%
20181.40-5.84%
20171.497.81%
20161.38-11.02%
20151.555.12%
20141.47-11.88%

GN Store Nord A/S (GGNDF) Average Current Ratio

How has GGNDF Current Ratio performed in the past?

The current Current Ratio of GN Store Nord A/S (GGNDF) 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

1.13

5-year avg

1.19

10-year avg

1.32

GN Store Nord A/S (GGNDF) Current Ratio vs. Peers

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

GN Store Nord A/S’s Current Ratio is less than Demant A/S (1.42), less than Sonova Holding AG (1.45), less than CONMED Corporation (2.27), less than iCAD, Inc. (4.02), less than GN Store Nord A/S (0.69), less than Bone Biologics Corporation (14.87), less than Eargo, Inc. (3.22), less than Cochlear Limited (2.30), less than Siemens Healthineers AG (1.25),

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