Boule Diagnostics AB (CHIX:BOULS) Current Ratio: 1.06 (As of Mar. 2026) — 20% 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.

CHIX:BOULS Boule Diagnostics AB CHIX:BOULS
47 GF Score
Price kr26.30
GF Value kr49.42
! 2 Warning Signs
View Full Analysis

What is Boule Diagnostics AB Current Ratio?

Boule Diagnostics AB CHIX:BOULS 47 Current Ratio is 1.06 as of Mar. 2026, which is 20% below its 10-year median of 1.32. GuruFocus rates CHIX:BOULS with a GF Score™ of 47/100 and a GF Value™ of kr49.42. The stock has 2 warning signs investors should review. Among 855 Medical Devices & Instruments companies, Boule Diagnostics AB ranks worse than 87.02% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Boule Diagnostics AB's current ratio for the quarter that ended in Mar. 2026 was 1.06.

Boule Diagnostics AB has a current ratio of 1.06. It generally indicates good short-term financial strength.

The historical rank and industry rank for Boule Diagnostics AB's Current Ratio or its related term are showing as below:

CHIX:BOULs' s Current Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.32   Max: 2.39
Current: 1.06

During the past 13 years, Boule Diagnostics AB's highest Current Ratio was 2.39. The lowest was 0.97. And the median was 1.32.

CHIX:BOULs's Current Ratio is ranked worse than
87.02% of 855 companies
in the Medical Devices & Instruments industry
Industry Median: 2.5 vs CHIX:BOULs: 1.06

Boule Diagnostics AB  (CHIX:BOULs) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Boule Diagnostics AB Current Ratio Related Terms


Boule Diagnostics AB Current Ratio Historical Data

* Premium members only.

The historical data trend for Boule Diagnostics AB's Current 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.

Boule Diagnostics AB Current Ratio Chart

Boule Diagnostics AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.68 1.38 0.97 1.09

Boule Diagnostics AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current 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 0.98 1.02 1.10 1.09 1.06

CHIX:BOULS vs ABT, SYK, MDT: Current Ratio Comparison

For the Medical Devices subindustry, Boule Diagnostics AB's Current Ratio, along with its competitors' market caps and Current 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.


Boule Diagnostics AB Current Ratio vs Medical Devices & Instruments Industry

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

* The bar in red indicates where Boule Diagnostics AB's Current Ratio falls into.


CHIX:BOULS
47GF Score
Boule Diagnostics AB CHIX:BOULS
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boule Diagnostics AB Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Boule Diagnostics AB's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=225.34/207.029
=1.09

Boule Diagnostics AB's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=217.8/205.1
=1.06

* 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 Current Ratio →
What does a Current Ratio of 1.06 mean?
Boule Diagnostics AB (CHIX:BOULS) has a Current Ratio of 1.06 as of Mar. 2026. This is 20% below median its historical median of 1.32. Over the past decade, Boule Diagnostics AB's Current Ratio has ranged from 0.97 to 2.39. According to the industry distribution chart, Boule Diagnostics AB ranks #744 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 87%.
Is Boule Diagnostics AB's Current Ratio too high?
Boule Diagnostics AB's current Current Ratio of 1.06 is 20% below median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 2.39. The Medical Devices & Instruments industry median Current Ratio is 2.50. Boule Diagnostics AB's value of 1.06 is 57.6% below this industry median. Based on the distribution chart, Boule Diagnostics AB ranks #744 out of 855 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Boule Diagnostics AB has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Boule Diagnostics AB's Current Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Boule Diagnostics AB ranks #744 out of 855 companies for Current Ratio. This places Boule Diagnostics AB in the lower half of its industry. The industry median Current Ratio is 2.50. Boule Diagnostics AB's value of 1.06 is 57.6% below this benchmark. Historically, Boule Diagnostics AB's own Current Ratio has ranged from 0.97 to 2.39 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 2.50, Boule Diagnostics AB has consistently been below 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 Current Ratio for a Medical Devices & Instruments company?
The median Current Ratio among Medical Devices & Instruments companies is 2.50, based on 855 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Boule Diagnostics AB's current Current Ratio of 1.06 is 57.6% below 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Medical Devices & Instruments industry, the median Current Ratio is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boule Diagnostics AB's current Current Ratio is 1.06, which is 20% below median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boule Diagnostics AB stock overvalued right now?
Boule Diagnostics AB (CHIX:BOULS) has a current Current Ratio of 1.06. The stock's GF Value™ is kr49.42, compared to a current price of kr26.30 — trading 46.8% below its estimated fair value. The current Current Ratio is 1.06, which is 20% below median its 10-year median of 1.32 and 57.6% below the Medical Devices & Instruments industry median of 2.50. Boule Diagnostics AB's overall GF Score™ is 47/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Boule Diagnostics AB (CHIX:BOULS), the current Current Ratio is 1.06 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.

Is Boule Diagnostics AB (CHIX:BOULS) Overvalued in 2026?

Based on GuruFocus' analysis, Boule Diagnostics AB stock appears to be undervalued. The current stock price of kr26.30 is trading 46.8% below its estimated GF Value™ of kr49.42.

Key valuation signals for CHIX:BOULS:

  • Current Ratio: 1.06 (20% below median its 10-year median of 1.32)
  • GF Value™: kr49.42 vs. price of kr26.30 (46.8% below fair value)
  • GF Score™: 47/100 with 2 warning signs
  • Industry Position: 57.6% below the Medical Devices & Instruments median (#744 of 855)

No single metric tells the full story. See the CHIX:BOULS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Boule Diagnostics AB Business Description

Other Exchanges BOUL:Sweden
Address Fagerstagatan 7, Spanga, SWE, SE-163 53
Boule Diagnostics AB is a company operating in the diagnostics market. It is engaged in the development, manufacturing and marketing instruments and consumables for blood diagnostics. The systems are intended for small and medium-sized hospitals, clinics and laboratories within outpatient care. the company operating through two complementary business segments: Diagnostics and OEM CDS. Through its subsidiaries, the company operates in USA ,Asia, Eastern Europe, Latin America Western Europe and Africa / Middle East. The majority revenue is generated from Asia.
47GF Score

Get the complete analysis for CHIX:BOULS

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

kr26.30
Price
kr49.42
GF Value