Norsk Hydro ASA

Norsk Hydro ASAverified

NHYDY

Price:

$5.79

Market Cap:

$121.52B

Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, remelting, and recycling activities; and provision of extruded solutions worldwide. It operates through Bauxite & Alumina, Aluminium Metal, Metal Markets, Extrusions, and Energy segments. The Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, primarily the sale of alumina. The Aluminium Metal segment is involved in the primary aluminum production casting activities. This segment principally offers extrusion ingots, foundry alloys, and sheet and standard ingots. The Metal Markets segment sells products from the compan...[Read more]

Industry

Aluminum

IPO Date

1986-06-25

Stock Exchange

PNK

Ticker

NHYDY

The Current Ratio as of September 2024 (TTM) for Norsk Hydro ASA (NHYDY) is 1.52

According to Norsk Hydro ASA’s latest financial reports and current stock price. The company's current Current Ratio is 1.52. This represents a change of -14.14% compared to the average of 1.76 of the last 4 quarters.

Norsk Hydro ASA (NHYDY) Historical Current Ratio (quarterly & annually)

How has NHYDY Current Ratio performed in the past?

The mean historical Current Ratio of Norsk Hydro ASA over the last ten years is 1.90. The current 1.52 Current Ratio has changed 7.88% with respect to the historical average. Over the past ten years (40 quarters), NHYDY's Current Ratio was at its highest in in the June 2017 quarter at 2.31. The Current Ratio was at its lowest in in the June 2024 quarter at 1.52.

Quarterly (TTM)
Annual

Average

1.90

Median

1.90

Minimum

1.57

Maximum

2.13

Norsk Hydro ASA (NHYDY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Norsk Hydro 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 = 15.51%

Maximum Annual Current Ratio = 2.13

Minimum Annual Increase = -22.94%

Minimum Annual Current Ratio = 1.57

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.82-12.45%
20222.088.82%
20211.91-7.45%
20202.0714.39%
20191.8114.99%
20181.57-4.05%
20171.64-22.94%
20162.132.30%
20152.0810.58%
20141.8815.51%

Norsk Hydro ASA (NHYDY) Average Current Ratio

How has NHYDY Current Ratio performed in the past?

The current Current Ratio of Norsk Hydro ASA (NHYDY) 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

1.94

10-year avg

1.90

Norsk Hydro ASA (NHYDY) Current Ratio vs. Peers

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

Norsk Hydro ASA’s Current Ratio is less than Kaiser Aluminum Corporation (2.55), less than Century Aluminum Company (1.72), less than Aluminum Corporation of China Limited (0), greater than China Hongqiao Group Limited (1.18), less than Alcoa Corporation (0), less than Constellium SE (1.55), greater than null (1.33),

Build a custom stock screener for Norsk Hydro ASA (NHYDY) and other stocks

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 Norsk Hydro 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:

Custom stock screener in Wisesheets

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.

Norsk Hydro ASA (NHYDY) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Norsk Hydro 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.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Norsk Hydro ASA's Current Ratio?

How is the Current Ratio calculated for Norsk Hydro ASA (NHYDY)?

What is the highest Current Ratio for Norsk Hydro ASA (NHYDY)?

What is the 3-year average Current Ratio for Norsk Hydro ASA (NHYDY)?

What is the 5-year average Current Ratio for Norsk Hydro ASA (NHYDY)?

How does the current Current Ratio for Norsk Hydro ASA (NHYDY) compare to its historical average?