Ilika (FRA:I8A) Current Ratio: 6.31 (As of Apr. 2026) — 12% Below Median

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FRA:I8A Ilika PLC FRA:I8A
35 GF Score
Price €0.26
GF Value €0.34
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Ilika Current Ratio?

Ilika FRA:I8A -0.76% 35 Current Ratio is 6.31 as of Apr. 2026, which is 12% below its 10-year median of 7.14. GuruFocus rates FRA:I8A with a GF Score™ of 35/100 and a GF Value™ of €0.34 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 3,075 Industrial Products companies, Ilika ranks better than 92.81% 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. Ilika's current ratio for the quarter that ended in Apr. 2026 was 6.31.

Ilika has a current ratio of 6.31. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

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

FRA:I8A' s Current Ratio Range Over the Past 10 Years
Min: 4.07   Med: 7.14   Max: 16.88
Current: 6.32

During the past 13 years, Ilika's highest Current Ratio was 16.88. The lowest was 4.07. And the median was 7.14.

FRA:I8A's Current Ratio is ranked better than
92.81% of 3075 companies
in the Industrial Products industry
Industry Median: 1.96 vs FRA:I8A: 6.32

Ilika  (FRA:I8A) 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.


Ilika Current Ratio Related Terms


Ilika Current Ratio Historical Data

* Premium members only.

The historical data trend for Ilika'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.

Ilika Current Ratio Chart

Ilika Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.95 12.45 7.86 6.24 6.31

Ilika Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 7.86 10.09 6.24 9.07 6.31

FRA:I8A vs VRT, BE, HUBB: Current Ratio Comparison

For the Electrical Equipment & Parts subindustry, Ilika'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.


Ilika Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ilika's Current Ratio distribution charts can be found below:

* The bar in red indicates where Ilika's Current Ratio falls into.


FRA:I8A
35GF Score
Ilika PLC FRA:I8A
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ilika 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.

Ilika's Current Ratio for the fiscal year that ended in Apr. 2026 is calculated as

Current Ratio (A: Apr. 2026 )=Total Current Assets (A: Apr. 2026 )/Total Current Liabilities (A: Apr. 2026 )
=9.295/1.472
=6.31

Ilika's Current Ratio for the quarter that ended in Apr. 2026 is calculated as

Current Ratio (Q: Apr. 2026 )=Total Current Assets (Q: Apr. 2026 )/Total Current Liabilities (Q: Apr. 2026 )
=9.295/1.472
=6.31

* 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 6.31 mean?
Ilika (FRA:I8A) has a Current Ratio of 6.31 as of Apr. 2026. This is 12% below median its historical median of 7.14. Over the past decade, Ilika's Current Ratio has ranged from 4.07 to 16.88. According to the industry distribution chart, Ilika ranks #221 out of 3075 companies in the Industrial Products industry, placing it in the top 7.2%.
Is Ilika's Current Ratio too high?
Ilika's current Current Ratio of 6.31 is 12% below median its 10-year median of 7.14. Over the past 10 years, this metric has ranged from a low of 4.07 to a high of 16.88. The Industrial Products industry median Current Ratio is 1.96. Ilika's value of 6.31 is 221.9% above this industry median. Based on the distribution chart, Ilika ranks #221 out of 3075 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ilika has a GF Score™ of 35/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ilika's Current Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ilika ranks #221 out of 3075 companies for Current Ratio. This places Ilika in the top 7% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.96. Ilika's value of 6.31 is 221.9% above this benchmark. Historically, Ilika's own Current Ratio has ranged from 4.07 to 16.88 over the past decade. While the company's 10-year median is 7.14 vs. the industry median of 1.96, Ilika 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 Current Ratio for an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,075 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. Ilika's current Current Ratio of 6.31 is 221.9% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ilika's current Current Ratio is 6.31, which is 12% below median its own 10-year median of 7.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ilika stock overvalued right now?
Based on GuruFocus' analysis, Ilika (FRA:I8A) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.34, compared to a current price of €0.26 — trading 23.5% below its estimated fair value. The current Current Ratio is 6.31, which is 12% below median its 10-year median of 7.14 and 221.9% above the Industrial Products industry median of 1.96. Ilika's overall GF Score™ is 35/100 with 1 warning sign 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 Ilika (FRA:I8A), the current Current Ratio is 6.31 as of Apr. 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 Ilika (FRA:I8A) Overvalued in 2026?

Based on GuruFocus' analysis, Ilika stock appears to be undervalued. The current stock price of €0.26 is trading 23.5% below its estimated GF Value™ of €0.34. GuruFocus considers Ilika to be Modestly Undervalued.

Key valuation signals for FRA:I8A:

  • Current Ratio: 6.31 (12% below median its 10-year median of 7.14)
  • GF Value™: €0.34 vs. price of €0.26 (23.5% below fair value)
  • GF Score™: 35/100 with 1 warning sign
  • Industry Position: 221.9% above the Industrial Products median (#221 of 3075)

No single metric tells the full story. See the FRA:I8A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ilika Business Description

Other Exchanges ILIKF:USAIKA:UKI8A:Germany
Address Unit 10a, The Quadrangle, Abbey Park Industrial Estate, Romsey, GBR, SO51 9DL
Ilika PLC is a pioneer in solid-state battery technology, enabling solutions for applications such as industrial Internet of Things, MedTech, electric vehicles, and consumer electronics. The group operates in two product lines: STEREAX CELLS used to power miniature medical devices and industrial IoT, and GOLIATH LARGE FORMAT CELLS targeting the automotive industry and cordless consumer appliances. The Group operates in one area of activity, namely the production, design, and development of solid state batteries. It operates in Asia, Europe, North America, and the UK. The group generates the majority of its revenue from the UK.
35GF Score

Get the complete analysis for FRA:I8A

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

€0.26
Price
€0.34
GF Value