NVO Current Ratio Analysis

A current ratio of 0.87x means the company has $0.87 in short-term assets for every $1 of short-term liabilities, so its obligations due within a year exceed its available liquid resources.

This sits below the sector median of 1.25x, placing the company at the 24th percentile among peers—meaning about three-quarters have a higher ratio. The metric’s year-over-year change is N/A, and its 8-quarter trend is N/A, but the quarter-over-quarter change is +10.1%, with the ratio improving from 0.79x to 0.87x in the latest period. The combination of a low level and a positive near-term move suggests some liquidity strain that is easing, which carries a modest risk that is partially offset by the upward direction. This metric supports the overall NEUTRAL verdict: the below-median level is a concern, while the QoQ improvement provides enough counterweight to avoid a negative tilt.

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