MPZAF (Mips AB) Current Ratio: 2.83 (As of Mar. 2026) — 56% Below Median


MPZAF Mips AB MPZAF
77 GF Score
Price $25.48
GF Value $110.00
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Mips AB Current Ratio?

Mips AB MPZAF 77 Current Ratio is 2.83 as of Mar. 2026, which is 56% below its 10-year median of 6.48. GuruFocus rates MPZAF with a GF Score™ of 77/100 and a GF Value™ of $110.00 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 857 Travel & Leisure companies, Mips AB ranks better than 78.18% 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. Mips AB's current ratio for the quarter that ended in Mar. 2026 was 2.83.

Mips AB has a current ratio of 2.83. It generally indicates good short-term financial strength.

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

MPZAF' s Current Ratio Range Over the Past 10 Years
Min: 2.83   Med: 6.48   Max: 11.77
Current: 2.83

During the past 13 years, Mips AB's highest Current Ratio was 11.77. The lowest was 2.83. And the median was 6.48.

MPZAF's Current Ratio is ranked better than
78.18% of 857 companies
in the Travel & Leisure industry
Industry Median: 1.39 vs MPZAF: 2.83

Mips AB  (OTCPK:MPZAF) 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.


Mips AB Current Ratio Related Terms


Mips AB Current Ratio Historical Data

* Premium members only.

The historical data trend for Mips 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.

Mips AB Current Ratio Chart

Mips 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 3.91 5.67 10.04 7.37 2.92

Mips 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 7.64 5.20 5.86 2.92 2.83

MPZAF vs AS, HAS, LTH: Current Ratio Comparison

For the Leisure subindustry, Mips 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.


Mips AB Current Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mips AB's Current Ratio distribution charts can be found below:

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


MPZAF
77GF Score
Mips AB MPZAF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mips 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.

Mips 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 )
=46.484/15.925
=2.92

Mips 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 )
=45.937/16.207
=2.83

* 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 2.83 mean?
Mips AB (MPZAF) has a Current Ratio of 2.83 as of Mar. 2026. This is 56% below median its historical median of 6.48. Over the past decade, Mips AB's Current Ratio has ranged from 2.83 to 11.77. According to the industry distribution chart, Mips AB ranks #187 out of 857 companies in the Travel & Leisure industry, placing it in the top 21.8%.
Is Mips AB's Current Ratio too high?
Mips AB's current Current Ratio of 2.83 is 56% below median its 10-year median of 6.48. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 11.77. The Travel & Leisure industry median Current Ratio is 1.39. Mips AB's value of 2.83 is 103.6% above this industry median. Based on the distribution chart, Mips AB ranks #187 out of 857 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Mips AB has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mips AB's Current Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Mips AB ranks #187 out of 857 companies for Current Ratio. This places Mips AB in the top 22% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.39. Mips AB's value of 2.83 is 103.6% above this benchmark. Historically, Mips AB's own Current Ratio has ranged from 2.83 to 11.77 over the past decade. While the company's 10-year median is 6.48 vs. the industry median of 1.39, Mips 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 a Travel & Leisure company?
The median Current Ratio among Travel & Leisure companies is 1.39, based on 857 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. Mips AB's current Current Ratio of 2.83 is 103.6% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Travel & Leisure industry, the median Current Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mips AB's current Current Ratio is 2.83, which is 56% below median its own 10-year median of 6.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mips AB stock overvalued right now?
Based on GuruFocus' analysis, Mips AB (MPZAF) is currently considered Significantly Undervalued. The stock's GF Value™ is $110.00, compared to a current price of $25.48 — trading 76.8% below its estimated fair value. The current Current Ratio is 2.83, which is 56% below median its 10-year median of 6.48 and 103.6% above the Travel & Leisure industry median of 1.39. Mips AB's overall GF Score™ is 77/100 with 5 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 Mips AB (MPZAF), the current Current Ratio is 2.83 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 Mips AB (MPZAF) Overvalued in 2026?

Based on GuruFocus' analysis, Mips AB stock appears to be undervalued. The current stock price of $25.48 is trading 76.8% below its estimated GF Value™ of $110.00. GuruFocus considers Mips AB to be Significantly Undervalued.

Key valuation signals for MPZAF:

  • Current Ratio: 2.83 (56% below median its 10-year median of 6.48)
  • GF Value™: $110.00 vs. price of $25.48 (76.8% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 103.6% above the Travel & Leisure median (#187 of 857)

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


Mips AB Business Description

Address Kemistvagen 1B, Taby, Stockholm, SWE, 183 79
Mips AB is a safety solutions provider that develops and sells the Mips safety system, comprising a low friction layer with different components that are designed for different helmet models. The system is adapted to different helmet models and is used by manufacturers in helmets for activities such as cycling, snow sports, motorcycling, and professional safety applications. The company sells its products and licenses the associated technology to helmet brands that manufacture, market, and sell helmets to end-users, directly or indirectly. Geographically, the company derives the majority of revenue from North America.
77GF Score

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

$25.48
Price
$110.00
GF Value