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Odinwell ABFRA:0AF 33 Current Ratio is 2.35 as of Mar. 2026, which is 81% below its 10-year median of 12.59. GuruFocus rates FRA:0AF with a GF Score™ of 33/100. Among 853 Medical Devices & Instruments companies, Odinwell AB ranks worse than 53.11% 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. Odinwell AB's current ratio for the quarter that ended in Mar. 2026 was 2.35.
Odinwell AB has a current ratio of 2.35. It generally indicates good short-term financial strength.
The historical rank and industry rank for Odinwell AB's Current Ratio or its related term are showing as below:
FRA:0AF'
s Current Ratio Range Over the Past 10 Years
Min: 2.36 Med: 12.59 Max: 64.13
Current: 2.36
During the past 7 years, Odinwell AB's highest Current Ratio was 64.13. The lowest was 2.36. And the median was 12.59.
FRA:0AF's Current Ratio is ranked worse than 53.11% of 853
companies
in the Medical Devices & Instruments industry
Industry Median: 2.49
vs FRA:0AF: 2.36
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.
Odinwell AB Current Ratio Related Terms
Odinwell AB Current Ratio Historical Data
* Premium members only.
The historical data trend for Odinwell 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.
FRA:0AF vs ISRG, BDX, MDLN: Current Ratio Comparison
For the Medical Instruments & Supplies subindustry, Odinwell 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.
Odinwell AB Current Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Odinwell AB's Current Ratio distribution charts can be found below:
* The bar in red indicates where Odinwell AB's Current Ratio falls into.
* 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 (FRA:0AF) has a Current Ratio of 2.35 as of Mar. 2026. This is 81% below median its historical median of 12.59. Over the past decade, Odinwell AB's Current Ratio has ranged from 2.36 to 64.13. According to the industry distribution chart, Odinwell AB ranks #453 out of 853 companies in the Medical Devices & Instruments industry, placing it in the top 53.1%.
Is Odinwell AB's Current Ratio too high?
Odinwell AB's current Current Ratio of 2.35 is 81% below median its 10-year median of 12.59. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 64.13. The Medical Devices & Instruments industry median Current Ratio is 2.49. Odinwell AB's value of 2.35 is 5.6% below this industry median. Based on the distribution chart, Odinwell AB ranks #453 out of 853 companies in the Medical Devices & Instruments industry, which is below 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 Current Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Odinwell AB ranks #453 out of 853 companies for Current Ratio. This places Odinwell AB in the lower half of its industry. The industry median Current Ratio is 2.49. Odinwell AB's value of 2.35 is 5.6% below this benchmark. Historically, Odinwell AB's own Current Ratio has ranged from 2.36 to 64.13 over the past decade. While the company's 10-year median is 12.59 vs. the industry median of 2.49, Odinwell 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 2.49, based on 853 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. Odinwell AB's current Current Ratio of 2.35 is 5.6% 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 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Odinwell AB's current Current Ratio is 2.35, which is 81% below median its own 10-year median of 12.59. 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 Current Ratio of 2.35. The current Current Ratio is 2.35, which is 81% below median its 10-year median of 12.59 and 5.6% below the Medical Devices & Instruments industry median of 2.49. 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 Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Odinwell AB (FRA:0AF), the current Current Ratio is 2.35 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.
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