Tactile Systems TechnologyFRA:3L3 -0.53%76 Quick Ratio is 3.78 as of Mar. 2026, which is 0% below its 10-year median of 3.79. GuruFocus rates FRA:3L3 with a GF Score™ of 76/100 and a GF Value™ of €16.59 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 855 Medical Devices & Instruments companies, Tactile Systems Technology ranks better than 74.62% on this metric.
Tactile Systems Technology has a quick ratio of 3.78. It generally indicates good short-term financial strength.
The historical rank and industry rank for Tactile Systems Technology's Quick Ratio or its related term are showing as below:
FRA:3L3'
s Quick Ratio Range Over the Past 10 Years
Min: 1.5 Med: 3.79 Max: 5.17
Current: 3.78
During the past 13 years, Tactile Systems Technology's highest Quick Ratio was 5.17. The lowest was 1.50. And the median was 3.79.
FRA:3L3's Quick Ratio is ranked better than 74.62% of 855
companies
in the Medical Devices & Instruments industry
Industry Median: 1.86
vs FRA:3L3: 3.78
Tactile Systems Technology (FRA:3L3) 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.
Tactile Systems Technology Quick Ratio Related Terms
Tactile Systems Technology Quick 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:3L3 vs SSII, BVS, BBNX: Quick Ratio Comparison
For the Medical Devices subindustry, Tactile Systems Technology'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.
Tactile Systems Technology Quick Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Tactile Systems Technology's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Tactile Systems Technology's Quick Ratio falls into.
Tactile Systems Technology 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.
* 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.
Tactile Systems Technology (FRA:3L3) has a Quick Ratio of 3.78 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tactile Systems Technology and its competitors. This is near median its historical median of 3.79. Over the past decade, Tactile Systems Technology's Quick Ratio has ranged from 1.50 to 5.17. According to the industry distribution chart, Tactile Systems Technology ranks #217 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 25.4%.
Is Tactile Systems Technology's Quick Ratio too high?
Tactile Systems Technology's current Quick Ratio of 3.78 is near median its 10-year median of 3.79. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 5.17. The Medical Devices & Instruments industry median Quick Ratio is 1.86. Tactile Systems Technology's value of 3.78 is 103.2% above this industry median. Based on the distribution chart, Tactile Systems Technology ranks #217 out of 855 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Tactile Systems Technology has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tactile Systems Technology's Quick Ratio compare to SSII and BVS?
According to the Medical Devices & Instruments industry distribution chart, Tactile Systems Technology ranks #217 out of 855 companies for Quick Ratio. This puts Tactile Systems Technology in the upper half of its industry. The industry median Quick Ratio is 1.86. Tactile Systems Technology's value of 3.78 is 103.2% above this benchmark. Historically, Tactile Systems Technology's own Quick Ratio has ranged from 1.50 to 5.17 over the past decade. While the company's 10-year median is 3.79 vs. the industry median of 1.86, Tactile Systems Technology 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 Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.86, based on 855 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. Tactile Systems Technology's current Quick Ratio of 3.78 is 103.2% 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 Tactile Systems Technology and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tactile Systems Technology's current Quick Ratio is 3.78, which is near median its own 10-year median of 3.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tactile Systems Technology stock overvalued right now?
Based on GuruFocus' analysis, Tactile Systems Technology (FRA:3L3) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.59, compared to a current price of €26.42 — trading 59.3% above its estimated fair value. The current Quick Ratio is 3.78, which is near median its 10-year median of 3.79 and 103.2% above the Medical Devices & Instruments industry median of 1.86. Tactile Systems Technology's overall GF Score™ is 76/100 with 3 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 Tactile Systems Technology (FRA:3L3), the current Quick Ratio is 3.78 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 Tactile Systems Technology (FRA:3L3) Overvalued in 2026?
Based on GuruFocus' analysis, Tactile Systems Technology stock appears to be overvalued.
The current stock price of €26.42 is trading 59.3% above its estimated GF Value™ of €16.59.
GuruFocus considers Tactile Systems Technology to be Significantly Overvalued.
Key valuation signals for FRA:3L3:
Quick Ratio: 3.78 (near median its 10-year median of 3.79)
GF Value™: €16.59 vs. price of €26.42 (59.3% above fair value)
Industry Position: 103.2% above the Medical Devices & Instruments median (#217 of 855)
No single metric tells the full story. See the FRA:3L3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tactile Systems Technology Inc is a medical technology company. The company is engaged in developing and providing medical devices for the treatment of chronic diseases. The firm's proprietary platform flexitouch system, provides a home-based solution for lymphedema patients. The entire system is another home solution for patients with chronic swelling and actitouch system for chronic venous insufficiency patients that may be worn throughout the day.
76GF Score
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