Dantax AS (CHIX:DANTC) Quick Ratio: 4.21 (As of Mar. 2026) — 56% Below Median


CHIX:DANTC Dantax AS CHIX:DANTC
67 GF Score
Price kr242.00
GF Value kr239.48
! 4 Warning Signs
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What is Dantax AS Quick Ratio?

Dantax AS CHIX:DANTC 67 Quick Ratio is 4.21 as of Mar. 2026, which is 56% below its 10-year median of 9.61. GuruFocus rates CHIX:DANTC with a GF Score™ of 67/100 and a GF Value™ of kr239.48. The stock has 4 warning signs investors should review. Among 2,492 Hardware companies, Dantax AS ranks better than 86.56% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Dantax AS's quick ratio for the quarter that ended in Mar. 2026 was 4.21.

Dantax AS has a quick ratio of 4.21. It generally indicates good short-term financial strength.

The historical rank and industry rank for Dantax AS's Quick Ratio or its related term are showing as below:

CHIX:DANTc' s Quick Ratio Range Over the Past 10 Years
Min: 4.21   Med: 9.61   Max: 21.23
Current: 4.21

During the past 13 years, Dantax AS's highest Quick Ratio was 21.23. The lowest was 4.21. And the median was 9.61.

CHIX:DANTc's Quick Ratio is ranked better than
86.56% of 2492 companies
in the Hardware industry
Industry Median: 1.46 vs CHIX:DANTc: 4.21

Dantax AS  (CHIX:DANTc) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Dantax AS Quick Ratio Related Terms


Dantax AS Quick Ratio Historical Data

* Premium members only.

The historical data trend for Dantax AS's Quick 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.

Dantax AS Quick Ratio Chart

Dantax AS Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.19 15.51 12.04 6.73 6.67

Dantax AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick 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 5.34 6.67 7.85 5.23 4.21

CHIX:DANTC vs AAPL: Quick Ratio Comparison

For the Consumer Electronics subindustry, Dantax AS's Quick Ratio, along with its competitors' market caps and Quick 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.


Dantax AS Quick Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Dantax AS's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Dantax AS's Quick Ratio falls into.


CHIX:DANTC
67GF Score
Dantax AS CHIX:DANTC
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dantax AS Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Dantax AS's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Quick Ratio (A: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(80.81-11.254)/10.424
=6.67

Dantax AS's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(37.844-12.353)/6.052
=4.21

* 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 Quick Ratio →
What does a Quick Ratio of 4.21 mean?
Dantax AS (CHIX:DANTC) has a Quick Ratio of 4.21 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Dantax AS and its competitors. This is 56% below median its historical median of 9.61. Over the past decade, Dantax AS's Quick Ratio has ranged from 4.21 to 21.23. According to the industry distribution chart, Dantax AS ranks #335 out of 2492 companies in the Hardware industry, placing it in the top 13.4%.
Is Dantax AS's Quick Ratio too high?
Dantax AS's current Quick Ratio of 4.21 is 56% below median its 10-year median of 9.61. Over the past 10 years, this metric has ranged from a low of 4.21 to a high of 21.23. The Hardware industry median Quick Ratio is 1.46. Dantax AS's value of 4.21 is 188.4% above this industry median. Based on the distribution chart, Dantax AS ranks #335 out of 2492 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Dantax AS has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Dantax AS's Quick Ratio compare to AAPL?
According to the Hardware industry distribution chart, Dantax AS ranks #335 out of 2492 companies for Quick Ratio. This places Dantax AS in the top 13% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.46. Dantax AS's value of 4.21 is 188.4% above this benchmark. Historically, Dantax AS's own Quick Ratio has ranged from 4.21 to 21.23 over the past decade. While the company's 10-year median is 9.61 vs. the industry median of 1.46, Dantax AS 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 Quick Ratio for a Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,492 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dantax AS's current Quick Ratio of 4.21 is 188.4% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Dantax AS and its competitors. For the Hardware industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dantax AS's current Quick Ratio is 4.21, which is 56% below median its own 10-year median of 9.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dantax AS stock overvalued right now?
Dantax AS (CHIX:DANTC) has a current Quick Ratio of 4.21. The stock's GF Value™ is kr239.48, compared to a current price of kr242.00 — trading 1.1% above its estimated fair value. The current Quick Ratio is 4.21, which is 56% below median its 10-year median of 9.61 and 188.4% above the Hardware industry median of 1.46. Dantax AS'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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Dantax AS (CHIX:DANTC), the current Quick Ratio is 4.21 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 Dantax AS (CHIX:DANTC) Overvalued in 2026?

Based on GuruFocus' analysis, Dantax AS stock appears to be overvalued. The current stock price of kr242.00 is trading 1.1% above its estimated GF Value™ of kr239.48.

Key valuation signals for CHIX:DANTC:

  • Quick Ratio: 4.21 (56% below median its 10-year median of 9.61)
  • GF Value™: kr239.48 vs. price of kr242.00 (1.1% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 188.4% above the Hardware median (#335 of 2492)

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


Dantax AS Business Description

Other Exchanges DANT:Denmark
Address Bransagervej 15, Pandrup, DNK, 9490
Dantax AS is a Denmark based firm engaged in the production and marketing of consumer electronics. It is engaged in design, development, production and sales of audio products. The products are sold under the brands Scansonic, Raidho and Harmony. Its product portfolio includes DAB & Internet Adaptor, LCD TV, LCD/DVD Combo TV, Turntables, Audio system, Speakers, LED/DVD combo TV, Portable, HDMI Cables, DVD, & Clock Radio.
67GF Score

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

kr242.00
Price
kr239.48
GF Value