Provide IT Sweden ABXSAT:PROVIT +18.52%67 Current Ratio is 1.32 as of Mar. 2026, which is 63% below its 10-year median of 3.58. GuruFocus rates XSAT:PROVIT with a GF Score™ of 67/100 and a GF Value™ of kr1.21 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,865 Software companies, Provide IT Sweden AB ranks worse than 66.98% 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. Provide IT Sweden AB's current ratio for the quarter that ended in Mar. 2026 was 1.32.
Provide IT Sweden AB has a current ratio of 1.32. It generally indicates good short-term financial strength.
The historical rank and industry rank for Provide IT Sweden AB's Current Ratio or its related term are showing as below:
XSAT:PROVIT'
s Current Ratio Range Over the Past 10 Years
Min: 1.32 Med: 3.58 Max: 11.32
Current: 1.32
During the past 11 years, Provide IT Sweden AB's highest Current Ratio was 11.32. The lowest was 1.32. And the median was 3.58.
XSAT:PROVIT's Current Ratio is ranked worse than 66.98% of 2865
companies
in the Software industry
Industry Median: 1.81
vs XSAT:PROVIT: 1.32
Provide IT Sweden AB (XSAT:PROVIT) 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.
Provide IT Sweden AB Current Ratio Related Terms
Provide IT Sweden AB Current Ratio Historical Data
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The historical data trend for Provide IT Sweden 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.
XSAT:PROVIT vs UBER, SHOP, CRM: Current Ratio Comparison
For the Software - Application subindustry, Provide IT Sweden 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.
Provide IT Sweden AB Current Ratio vs Software Industry
For the Software industry and Technology sector, Provide IT Sweden AB's Current Ratio distribution charts can be found below:
* The bar in red indicates where Provide IT Sweden 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.
Provide IT Sweden AB (XSAT:PROVIT) has a Current Ratio of 1.32 as of Mar. 2026. This is 63% below median its historical median of 3.58. Over the past decade, Provide IT Sweden AB's Current Ratio has ranged from 1.32 to 11.32. According to the industry distribution chart, Provide IT Sweden AB ranks #1919 out of 2865 companies in the Software industry, placing it in the top 67%.
Is Provide IT Sweden AB's Current Ratio too high?
Provide IT Sweden AB's current Current Ratio of 1.32 is 63% below median its 10-year median of 3.58. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 11.32. The Software industry median Current Ratio is 1.81. Provide IT Sweden AB's value of 1.32 is 27.1% below this industry median. Based on the distribution chart, Provide IT Sweden AB ranks #1919 out of 2865 companies in the Software industry, which is below the industry midpoint. Overall, Provide IT Sweden AB has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Provide IT Sweden AB's Current Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Provide IT Sweden AB ranks #1919 out of 2865 companies for Current Ratio. This places Provide IT Sweden AB in the lower half of its industry. The industry median Current Ratio is 1.81. Provide IT Sweden AB's value of 1.32 is 27.1% below this benchmark. Historically, Provide IT Sweden AB's own Current Ratio has ranged from 1.32 to 11.32 over the past decade. While the company's 10-year median is 3.58 vs. the industry median of 1.81, Provide IT Sweden 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 Software company?
The median Current Ratio among Software companies is 1.81, based on 2,865 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. Provide IT Sweden AB's current Current Ratio of 1.32 is 27.1% 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 Software industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Provide IT Sweden AB's current Current Ratio is 1.32, which is 63% below median its own 10-year median of 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Provide IT Sweden AB stock overvalued right now?
Based on GuruFocus' analysis, Provide IT Sweden AB (XSAT:PROVIT) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.21, compared to a current price of kr0.64 — trading 47.1% below its estimated fair value. The current Current Ratio is 1.32, which is 63% below median its 10-year median of 3.58 and 27.1% below the Software industry median of 1.81. Provide IT Sweden AB's overall GF Score™ is 67/100 with 4 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 Provide IT Sweden AB (XSAT:PROVIT), the current Current Ratio is 1.32 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 Provide IT Sweden AB (XSAT:PROVIT) Overvalued in 2026?
Based on GuruFocus' analysis, Provide IT Sweden AB stock appears to be undervalued.
The current stock price of kr0.64 is trading 47.1% below its estimated GF Value™ of kr1.21.
GuruFocus considers Provide IT Sweden AB to be Possible Value Trap.
Key valuation signals for XSAT:PROVIT:
Current Ratio: 1.32 (63% below median its 10-year median of 3.58)
GF Value™: kr1.21 vs. price of kr0.64 (47.1% below fair value)
Industry Position: 27.1% below the Software median (#1919 of 2865)
No single metric tells the full story. See the XSAT:PROVIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Provide IT Sweden AB is a digital production company. The company is engaged in the development of web and mobile applications. It provides websites, applications, portals, and e-commerce to national and foreign companies.
67GF Score
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