Norwegian Air Shuttle ASA

Norwegian Air Shuttle ASAverified

NAS.OL

Price:

$10.53

Market Cap:

$10.15B

Norwegian Air Shuttle ASA, together with its subsidiaries, provides scheduled and charter airline services in Norway and internationally. As of December 31, 2021, the company operated a fleet of 70 aircraft. It is also involved in aircraft financing, leasing, and ownership activities; and cargo activities. Norwegian Air Shuttle ASA was founded in 1993 and is headquartered in Fornebu, Norway.[Read more]

Industry

Airlines, Airports & Air Services

IPO Date

2003-12-18

Stock Exchange

OSL

Ticker

NAS.OL

The Current Ratio as of November 2024 (TTM) for Norwegian Air Shuttle ASA (NAS.OL) is 1.12

According to Norwegian Air Shuttle ASA’s latest financial reports and current stock price. The company's current Current Ratio is 1.12. This represents a change of -7.36% compared to the average of 1.21 of the last 4 quarters.

Norwegian Air Shuttle ASA (NAS.OL) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Norwegian Air Shuttle ASA over the last ten years is 0.81. The current 1.12 Current Ratio has changed 13.83% with respect to the historical average. Over the past ten years (40 quarters), NAS.OL's Current Ratio was at its highest in in the June 2021 quarter at 1.74. The Current Ratio was at its lowest in in the March 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

0.81

Median

0.58

Minimum

0.43

Maximum

1.63

Norwegian Air Shuttle ASA (NAS.OL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Norwegian Air Shuttle 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 = 130.76%

Maximum Annual Current Ratio = 1.63

Minimum Annual Increase = -38.91%

Minimum Annual Current Ratio = 0.43

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.4610.49%
20221.32-18.95%
20211.63130.76%
20200.7015.86%
20190.6142.60%
20180.43-23.96%
20170.5629.80%
20160.43-9.25%
20150.485.27%
20140.45-38.91%

Norwegian Air Shuttle ASA (NAS.OL) Average Current Ratio

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

The current Current Ratio of Norwegian Air Shuttle ASA (NAS.OL) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

1.47

5-year avg

1.14

10-year avg

0.81

Norwegian Air Shuttle ASA (NAS.OL) Current Ratio vs. Peers

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

Norwegian Air Shuttle ASA’s Current Ratio is greater than SAS AB (publ) (0.44), greater than SAS AB (publ) (0.44), less than Danske Bank A/S (1.77), less than Kongsberg Automotive ASA (1.95), less than Nel ASA (3.60),

CompanyCurrent RatioMarket cap
0.44$88.28M
0.44$68.93M
1.77$174.99B
1.95$1.30B
3.60$7.23B

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