PowerCell Sweden AB has a quick ratio of 1.74. It generally indicates good short-term financial strength.
The historical rank and industry rank for PowerCell Sweden AB's Quick Ratio or its related term are showing as below:
FRA:27W'
s Quick Ratio Range Over the Past 10 Years
Min: 1.74 Med: 3.49 Max: 12.17
Current: 1.74
During the past 13 years, PowerCell Sweden AB's highest Quick Ratio was 12.17. The lowest was 1.74. And the median was 3.49.
FRA:27W's Quick Ratio is ranked better than 62.03% of 3008
companies
in the Industrial Products industry
Industry Median: 1.41
vs FRA:27W: 1.74
PowerCell Sweden AB Quick Ratio Historical Data
The historical data trend for PowerCell Sweden AB'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.
Competitive Comparison of PowerCell Sweden AB's Quick Ratio
For the Electrical Equipment & Parts subindustry, PowerCell Sweden AB'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.
PowerCell Sweden AB's Quick Ratio Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, PowerCell Sweden AB's Quick Ratio distribution charts can be found below:
* The bar in red indicates where PowerCell Sweden AB's Quick Ratio falls into.
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.
PowerCell Sweden AB's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
PowerCell Sweden AB (FRA:27W) 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.
PowerCell Sweden AB Quick Ratio Related Terms
Thank you for viewing the detailed overview of PowerCell Sweden AB's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
PowerCell Sweden AB is a Sweden-based company active in the field of clean energy. It develops, manufactures, and produces environment-friendly electrical power systems for stationary, marine, off-road, and on-road segments. The company has developed a system of fuel cell platforms that are powered by pure or reformed hydrogen gas and generate electricity and heat without releasing any emissions other than water. The company also provides services like consultation, support, modification, and turnkey solutions to its clients for transitioning to hydrogen electrification. Geographically, the company generates a majority of its revenue from Norway, and the rest from the United Kingdom, Germany, the United States, Sweden, Netherlands, and other regions.
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