Norsk Hydro ASA

Norsk Hydro ASAverified

NHYDY

Price:

$5.5

Market Cap:

$122.67B

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 December 2024 (TTM) for Norsk Hydro ASA (NHYDY) is 1.60

According to Norsk Hydro ASA’s latest financial reports and current stock price. The company's current Current Ratio is 1.60. This represents a change of -6.28% compared to the average of 1.70 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 1.91. The current 1.60 Current Ratio has changed 8.26% 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

1.91

Median

1.91

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
20231.91-8.42%
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

1.97

5-year avg

1.96

10-year avg

1.91

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 (2.60), less than Century Aluminum Company (1.71), greater than Aluminum Corporation of China Limited (1.15), greater than China Hongqiao Group Limited (1.27), less than Alcoa Corporation (0), greater than Constellium SE (1.41), greater than null (1.28),

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