Nel ASA

Nel ASAverified

NLLSF

Price:

$0.4285

Market Cap:

$7.88B

Nel ASA, a hydrogen company, delivers various solutions to produce, store, and distribute hydrogen from renewable energy in Norway, the United States, Denmark, and South Korea. The company operates in two segments, Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment produces H2Station hydrogen fueling stations that provide fuel cell electric vehicles with the fueling and long range as conventional fossil fuel vehicles, including cars, buses, trucks, forklifts, and other applications. The Nel Hydrogen Electrolyser segment produces and installs electrolysers for hydrogen production based on alkaline and proton exchange membrane water electrolyser technology. It...[Read more]

Industry

Industrial - Machinery

IPO Date

2018-04-26

Stock Exchange

PNK

Ticker

NLLSF

The Current Ratio as of November 2024 (TTM) for Nel ASA (NLLSF) is 3.60

According to Nel ASA’s latest financial reports and current stock price. The company's current Current Ratio is 3.60. This represents a change of -9.16% compared to the average of 3.97 of the last 4 quarters.

Nel ASA (NLLSF) Historical Current Ratio (quarterly & annually)

How has NLLSF Current Ratio performed in the past?

The mean historical Current Ratio of Nel ASA over the last ten years is 5.25. The current 3.60 Current Ratio has changed 6.77% with respect to the historical average. Over the past ten years (40 quarters), NLLSF's Current Ratio was at its highest in in the March 2021 quarter at 11.37. The Current Ratio was at its lowest in in the September 2017 quarter at 1.74.

Quarterly (TTM)
Annual

Average

5.25

Median

4.38

Minimum

2.73

Maximum

10.66

Nel ASA (NLLSF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nel 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 = 266.29%

Maximum Annual Current Ratio = 10.66

Minimum Annual Increase = -44.84%

Minimum Annual Current Ratio = 2.73

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.05-3.08%
20224.18-28.93%
20215.88-44.84%
202010.66266.29%
20192.91-13.41%
20183.3622.99%
20172.73-40.31%
20164.58-41.12%
20157.7722.48%
20146.35179.15%

Nel ASA (NLLSF) Average Current Ratio

How has NLLSF Current Ratio performed in the past?

The current Current Ratio of Nel ASA (NLLSF) 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

4.70

5-year avg

5.53

10-year avg

5.25

Nel ASA (NLLSF) Current Ratio vs. Peers

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

Nel ASA’s Current Ratio is greater than Next Hydrogen Solutions Inc. (2.01), less than Nel ASA (3.60), greater than Rosinbomb (0.00), greater than Daifuku Co., Ltd. (2.43), less than Titan Logix Corp. (17.97), greater than The Weir Group PLC (2.07), greater than American Superconductor Corporation (1.37), less than Graham Corporation (0), greater than Watts Water Technologies, Inc. (2.05), greater than CVD Equipment Corporation (1.07), greater than ITM Power Plc (2.55), greater than Ballard Power Systems Inc. (2.39), less than null (4.17), less than null (10.90),

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