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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. Absolent Air Care Group AB's current ratio for the quarter that ended in Mar. 2026 was 2.73.
Absolent Air Care Group AB has a current ratio of 2.73. It generally indicates good short-term financial strength.
The historical rank and industry rank for Absolent Air Care Group AB's Current Ratio or its related term are showing as below:
FRA:JY1'
s Current Ratio Range Over the Past 10 Years
Min: 2.03 Med: 2.74 Max: 5.69
Current: 2.73
During the past 13 years, Absolent Air Care Group AB's highest Current Ratio was 5.69. The lowest was 2.03. And the median was 2.74.
FRA:JY1's Current Ratio is ranked better than 70.2% of 3074
companies
in the Industrial Products industry
Industry Median: 1.96
vs FRA:JY1: 2.73
Absolent Air Care Group AB (FRA:JY1) 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.
Absolent Air Care Group AB Current Ratio Related Terms
Absolent Air Care Group AB Current Ratio Historical Data
* 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:JY1 vs VLTO, ZWS, CECO: Current Ratio Comparison
For the Pollution & Treatment Controls subindustry, Absolent Air Care Group 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.
Absolent Air Care Group AB Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Absolent Air Care Group AB's Current Ratio distribution charts can be found below:
* The bar in red indicates where Absolent Air Care Group 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.
Absolent Air Care Group AB (FRA:JY1) has a Current Ratio of 2.73 as of Mar. 2026. This is near median its historical median of 2.74. Over the past decade, Absolent Air Care Group AB's Current Ratio has ranged from 2.03 to 5.69. According to the industry distribution chart, Absolent Air Care Group AB ranks #916 out of 3074 companies in the Industrial Products industry, placing it in the top 29.8%.
Is Absolent Air Care Group AB's Current Ratio too high?
Absolent Air Care Group AB's current Current Ratio of 2.73 is near median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 5.69. The Industrial Products industry median Current Ratio is 1.96. Absolent Air Care Group AB's value of 2.73 is 39.3% above this industry median. Based on the distribution chart, Absolent Air Care Group AB ranks #916 out of 3074 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Absolent Air Care Group AB has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Absolent Air Care Group AB's Current Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Absolent Air Care Group AB ranks #916 out of 3074 companies for Current Ratio. This puts Absolent Air Care Group AB in the upper half of its industry. The industry median Current Ratio is 1.96. Absolent Air Care Group AB's value of 2.73 is 39.3% above this benchmark. Historically, Absolent Air Care Group AB's own Current Ratio has ranged from 2.03 to 5.69 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 1.96, Absolent Air Care Group 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 Current Ratio for an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,074 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. Absolent Air Care Group AB's current Current Ratio of 2.73 is 39.3% 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. Absolent Air Care Group AB's current Current Ratio is 2.73, which is near median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Absolent Air Care Group AB stock overvalued right now?
Absolent Air Care Group AB (FRA:JY1) has a current Current Ratio of 2.73. The stock's GF Value™ is €23.47, compared to a current price of €18.05 — trading 23.1% below its estimated fair value. The current Current Ratio is 2.73, which is near median its 10-year median of 2.74 and 39.3% above the Industrial Products industry median of 1.96. Absolent Air Care Group AB's overall GF Score™ is 91/100 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 Absolent Air Care Group AB (FRA:JY1), the current Current Ratio is 2.73 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 Absolent Air Care Group AB (FRA:JY1) Overvalued in 2026?
Based on GuruFocus' analysis, Absolent Air Care Group AB stock appears to be undervalued.
The current stock price of €18.05 is trading 23.1% below its estimated GF Value™ of €23.47.
Key valuation signals for FRA:JY1:
Current Ratio: 2.73 (near median its 10-year median of 2.74)
GF Value™: €23.47 vs. price of €18.05 (23.1% below fair value)
Industry Position: 39.3% above the Industrial Products median (#916 of 3074)
No single metric tells the full story. See the FRA:JY1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Absolent Air Care Group AB manufactures and sells filtration technology for industrial process air. The company has two segments: Industrial and Commercial Kitchen. The majority of its revenue is generated from the Industrial segment, which develops, manufactures, designs, sells, installs, and maintains filtration units. The products are used across a wide range of industries, including aerospace, automotive, defense, pharmaceutical, chemical, electronics, woodworking, and food processing. The Commercial Kitchen develops, designs, manufactures, sells, installs, and maintains commercial kitchen ventilation systems. It offers a broad portfolio of hoods, filtration technologies, and fire suppression systems to deliver the optimal kitchen ventilation solution.
91GF Score
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