Novo Nordisk A/S

Novo Nordisk A/Sverified

NVO

Price:

$131.14

Market Cap:

$4.01T

Novo Nordisk A/S, a healthcare company, engages in the research, development, manufacture, and marketing of pharmaceutical products worldwide. It operates in two segments, Diabetes and Obesity care, and Biopharm. The Diabetes and Obesity care segment provides products in the areas of insulins, GLP-1 and related delivery systems, oral antidiabetic products, obesity, and other chronic diseases. The Biopharmaceuticals segment offers products in the areas of haemophilia, growth disorders, and hormone replacement therapy. The company collaboration agreements with Gilead Sciences, Inc. Novo Nordisk A/S also has a research collaboration with Lumen Bioscience, Inc. to explore strategies for deliveri...[Read more]

Industry

Biotechnology

IPO Date

1981-04-30

Stock Exchange

NYSE

Ticker

NVO

The Current Ratio as of September 2024 (TTM) for Novo Nordisk A/S (NVO) is 0.94

According to Novo Nordisk A/S’s latest financial reports and current stock price. The company's current Current Ratio is 0.94. This represents a change of 14.68% compared to the average of 0.82 of the last 4 quarters.

Novo Nordisk A/S (NVO) Historical Current Ratio (quarterly & annually)

How has NVO Current Ratio performed in the past?

The mean historical Current Ratio of Novo Nordisk A/S over the last ten years is 1.09. The current 0.94 Current Ratio has changed 8.55% with respect to the historical average. Over the past ten years (40 quarters), NVO's Current Ratio was at its highest in in the December 2014 quarter at 1.37. The Current Ratio was at its lowest in in the March 2024 quarter at 0.70.

Quarterly (TTM)
Annual

Average

1.09

Median

1.07

Minimum

0.82

Maximum

1.37

Novo Nordisk A/S (NVO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Novo Nordisk 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 = 4.01%

Maximum Annual Current Ratio = 1.37

Minimum Annual Increase = -20.85%

Minimum Annual Current Ratio = 0.82

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.82-7.99%
20220.894.01%
20210.86-8.15%
20200.94-11.56%
20191.06-2.90%
20181.09-14.59%
20171.281.34%
20161.26-6.61%
20151.35-1.82%
20141.37-20.85%

Novo Nordisk A/S (NVO) Average Current Ratio

How has NVO Current Ratio performed in the past?

The current Current Ratio of Novo Nordisk A/S (NVO) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

0.86

5-year avg

0.91

10-year avg

1.09

Novo Nordisk A/S (NVO) Current Ratio vs. Peers

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

Novo Nordisk A/S’s Current Ratio is less than Regeneron Pharmaceuticals, Inc. (5.44), less than CRISPR Therapeutics AG (15.73), less than Sarepta Therapeutics, Inc. (3.90), less than Intellia Therapeutics, Inc. (7.21), less than Moderna, Inc. (4.09), less than CureVac N.V. (2.29), less than Novavax, Inc. (1.04), less than CohBar, Inc. (4.16), less than Reata Pharmaceuticals, Inc. (3.21), less than BioNTech SE (7.54), less than Ginkgo Bioworks Holdings, Inc. (4.71), less than Vertex Pharmaceuticals Incorporated (2.52), less than BioMarin Pharmaceutical Inc. (3.05), less than Seagen Inc. (2.67), less than Alnylam Pharmaceuticals, Inc. (3.01), less than Madrigal Pharmaceuticals, Inc. (8.72), less than Intercept Pharmaceuticals, Inc. (4.22), less than TG Therapeutics, Inc. (3.58), less than Terns Pharmaceuticals, Inc. (21.02), less than Hepion Pharmaceuticals, Inc. (5.62),

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