Odinwell AB (FRA:0AF) Cash Ratio: 2.13 (As of Mar. 2026) — 77% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:0AF Odinwell AB FRA:0AF
33 GF Score
Price €0.01
View Full Analysis

What is Odinwell AB Cash Ratio?

Odinwell AB FRA:0AF 33 Cash Ratio is 2.13 as of Mar. 2026, which is 77% below its 10-year median of 9.28. GuruFocus rates FRA:0AF with a GF Score™ of 33/100. Among 841 Medical Devices & Instruments companies, Odinwell AB ranks better than 69.8% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Odinwell AB's Cash Ratio for the quarter that ended in Mar. 2026 was 2.13.

Odinwell AB has a Cash Ratio of 2.13. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Odinwell AB's Cash Ratio or its related term are showing as below:

FRA:0AF' s Cash Ratio Range Over the Past 10 Years
Min: 0.14   Med: 9.28   Max: 48.99
Current: 2.13

During the past 7 years, Odinwell AB's highest Cash Ratio was 48.99. The lowest was 0.14. And the median was 9.28.

FRA:0AF's Cash Ratio is ranked better than
69.8% of 841 companies
in the Medical Devices & Instruments industry
Industry Median: 0.97 vs FRA:0AF: 2.13

Odinwell AB  (FRA:0AF) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Odinwell AB Cash Ratio Related Terms


Odinwell AB Cash Ratio Historical Data

* Premium members only.

The historical data trend for Odinwell AB's Cash Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Odinwell AB Cash Ratio Chart

Odinwell AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Ratio
Get a 7-Day Free Trial 27.34 15.41 9.46 3.65 3.16

Odinwell AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.95 4.33 3.29 3.16 2.13

FRA:0AF vs ISRG, BDX, MDLN: Cash Ratio Comparison

For the Medical Instruments & Supplies subindustry, Odinwell AB's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Odinwell AB Cash Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Odinwell AB's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Odinwell AB's Cash Ratio falls into.


FRA:0AF
33GF Score
Odinwell AB FRA:0AF
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Odinwell AB Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Odinwell AB's Cash Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Cash Ratio (A: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.423/0.134
=3.16

Odinwell AB's Cash Ratio for the quarter that ended in Mar. 2026 is calculated as:

Cash Ratio (Q: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.264/0.124
=2.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 2.13 mean?
Odinwell AB (FRA:0AF) has a Cash Ratio of 2.13 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Odinwell AB and its competitors. This is 77% below median its historical median of 9.28. Over the past decade, Odinwell AB's Cash Ratio has ranged from 0.14 to 48.99. According to the industry distribution chart, Odinwell AB ranks #254 out of 841 companies in the Medical Devices & Instruments industry, placing it in the top 30.2%.
Is Odinwell AB's Cash Ratio too high?
Odinwell AB's current Cash Ratio of 2.13 is 77% below median its 10-year median of 9.28. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 48.99. The Medical Devices & Instruments industry median Cash Ratio is 0.97. Odinwell AB's value of 2.13 is 119.6% above this industry median. Based on the distribution chart, Odinwell AB ranks #254 out of 841 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Odinwell AB has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Odinwell AB's Cash Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Odinwell AB ranks #254 out of 841 companies for Cash Ratio. This puts Odinwell AB in the upper half of its industry. The industry median Cash Ratio is 0.97. Odinwell AB's value of 2.13 is 119.6% above this benchmark. Historically, Odinwell AB's own Cash Ratio has ranged from 0.14 to 48.99 over the past decade. While the company's 10-year median is 9.28 vs. the industry median of 0.97, Odinwell AB has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Medical Devices & Instruments company?
The median Cash Ratio among Medical Devices & Instruments companies is 0.97, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Odinwell AB's current Cash Ratio of 2.13 is 119.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Odinwell AB and its competitors. For the Medical Devices & Instruments industry, the median Cash Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Odinwell AB's current Cash Ratio is 2.13, which is 77% below median its own 10-year median of 9.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odinwell AB stock overvalued right now?
Odinwell AB (FRA:0AF) has a current Cash Ratio of 2.13. The current Cash Ratio is 2.13, which is 77% below median its 10-year median of 9.28 and 119.6% above the Medical Devices & Instruments industry median of 0.97. Odinwell AB's overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Odinwell AB (FRA:0AF), the current Cash Ratio is 2.13 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Odinwell AB Business Description

Other Exchanges ODIN:Sweden
Address Box 7109, Halmstad, SWE, SE-300 07
Odinwell AB is a medtech company with a patented optical technology for assessment of covered wounds.
33GF Score

Get the complete analysis for FRA:0AF

Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.01
Price