CEZ AS (FRA:CEZ) Quick Ratio: 1.04 (As of Mar. 2026) — Near Median


FRA:CEZ CEZ AS FRA:CEZ
77 GF Score
Price €49.60
GF Value €44.94
Valuation Modestly Overvalued
! 7 Warning Signs
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What is CEZ AS Quick Ratio?

CEZ AS FRA:CEZ -1.20% 77 Quick Ratio is 1.04 as of Mar. 2026, which is at its 10-year median of 1.04. GuruFocus rates FRA:CEZ with a GF Score™ of 77/100 and a GF Value™ of €44.94 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 510 Utilities - Regulated companies, CEZ AS ranks better than 52.55% 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. CEZ AS's quick ratio for the quarter that ended in Mar. 2026 was 1.04.

CEZ AS has a quick ratio of 1.04. It generally indicates good short-term financial strength.

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

FRA:CEZ' s Quick Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.04   Max: 1.28
Current: 1.04

During the past 13 years, CEZ AS's highest Quick Ratio was 1.28. The lowest was 0.92. And the median was 1.04.

FRA:CEZ's Quick Ratio is ranked better than
52.55% of 510 companies
in the Utilities - Regulated industry
Industry Median: 1.005 vs FRA:CEZ: 1.04

CEZ AS  (FRA:CEZ) 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.


CEZ AS Quick Ratio Related Terms


CEZ AS Quick Ratio Historical Data

* Premium members only.

The historical data trend for CEZ 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.

CEZ AS Quick Ratio Chart

CEZ AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.04 1.12 1.17 1.04

CEZ 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 1.22 1.12 1.09 1.04 1.04

FRA:CEZ vs NEE, SO, DUK: Quick Ratio Comparison

For the Utilities - Regulated Electric subindustry, CEZ 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.


CEZ AS Quick Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CEZ AS's Quick Ratio distribution charts can be found below:

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


FRA:CEZ
77GF Score
CEZ AS FRA:CEZ
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CEZ 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.

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

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(8523.427-932.227)/7330.209
=1.04

CEZ 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
=(10599.844-843.547)/9339.781
=1.04

* 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 1.04 mean?
CEZ AS (FRA:CEZ) has a Quick Ratio of 1.04 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on CEZ AS and its competitors. This is near median its historical median of 1.04. Over the past decade, CEZ AS's Quick Ratio has ranged from 0.92 to 1.28. According to the industry distribution chart, CEZ AS ranks #242 out of 510 companies in the Utilities - Regulated industry, placing it in the top 47.5%.
Is CEZ AS's Quick Ratio too high?
CEZ AS's current Quick Ratio of 1.04 is near median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 1.28. The Utilities - Regulated industry median Quick Ratio is 1.01. CEZ AS's value of 1.04 is 3.5% above this industry median. Based on the distribution chart, CEZ AS ranks #242 out of 510 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, CEZ AS has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CEZ AS's Quick Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, CEZ AS ranks #242 out of 510 companies for Quick Ratio. This puts CEZ AS in the upper half of its industry. The industry median Quick Ratio is 1.01. CEZ AS's value of 1.04 is 3.5% above this benchmark. Historically, CEZ AS's own Quick Ratio has ranged from 0.92 to 1.28 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.01, CEZ 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 an Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.01, based on 510 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. CEZ AS's current Quick Ratio of 1.04 is 3.5% 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 CEZ AS and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEZ AS's current Quick Ratio is 1.04, which is near median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEZ AS stock overvalued right now?
Based on GuruFocus' analysis, CEZ AS (FRA:CEZ) is currently considered Modestly Overvalued. The stock's GF Value™ is €44.94, compared to a current price of €49.60 — trading 10.4% above its estimated fair value. The current Quick Ratio is 1.04, which is near median its 10-year median of 1.04 and 3.5% above the Utilities - Regulated industry median of 1.01. CEZ AS's overall GF Score™ is 77/100 with 7 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 CEZ AS (FRA:CEZ), the current Quick Ratio is 1.04 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 CEZ AS (FRA:CEZ) Overvalued in 2026?

Based on GuruFocus' analysis, CEZ AS stock appears to be overvalued. The current stock price of €49.60 is trading 10.4% above its estimated GF Value™ of €44.94. GuruFocus considers CEZ AS to be Modestly Overvalued.

Key valuation signals for FRA:CEZ:

  • Quick Ratio: 1.04 (near median its 10-year median of 1.04)
  • GF Value™: €44.94 vs. price of €49.60 (10.4% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 3.5% above the Utilities - Regulated median (#242 of 510)

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


CEZ AS Business Description

Address Duhova 2/1444, Praha 4, Prague, CZE, 140 53
CEZ AS is a Czech energy company of which the government of the Czech Republic is the majority shareholder. The core business of the company is the generation, distribution, trade, and sale of electricity and heat, coal mining, trading in commodities and provision of complex energy services, distribution, trade, and sale of natural gas, and the provision of telecommunications services. Total energy production is mainly split between facilities utilizing thermal and nuclear inputs. CEZ segments comprise Generation; Distribution; Sales and Mining. The group operates mainly in Czechia and in Central and Western European markets.
77GF Score

Get the complete analysis for FRA:CEZ

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

€49.60
Price
€44.94
GF Value