Covista (FRA:DVY) Quick Ratio: 0.70 (As of Mar. 2026) — 43% Below Median

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FRA:DVY Covista Inc FRA:DVY
79 GF Score
Price €115.20
GF Value €99.16
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Covista Quick Ratio?

Covista FRA:DVY +5.69% 79 Quick Ratio is 0.70 as of Mar. 2026, which is 43% below its 10-year median of 1.23. GuruFocus rates FRA:DVY with a GF Score™ of 79/100 and a GF Value™ of €99.16 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 261 Education companies, Covista ranks worse than 77.39% 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. Covista's quick ratio for the quarter that ended in Mar. 2026 was 0.70.

Covista has a quick ratio of 0.70. It indicates that the company cannot currently fully pay back its current liabilities.

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

FRA:DVY' s Quick Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.23   Max: 3.92
Current: 0.7

During the past 13 years, Covista's highest Quick Ratio was 3.92. The lowest was 0.68. And the median was 1.23.

FRA:DVY's Quick Ratio is ranked worse than
77.39% of 261 companies
in the Education industry
Industry Median: 1.38 vs FRA:DVY: 0.70

Covista  (FRA:DVY) 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.


Covista Quick Ratio Related Terms


Covista Quick Ratio Historical Data

* Premium members only.

The historical data trend for Covista'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.

Covista Quick Ratio Chart

Covista 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 3.71 1.32 1.11 0.86 0.82

Covista 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 0.83 0.82 0.98 0.68 0.70

FRA:DVY vs LOPE, LRN, LAUR: Quick Ratio Comparison

For the Education & Training Services subindustry, Covista'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.


Covista Quick Ratio vs Education Industry

For the Education industry and Consumer Defensive sector, Covista's Quick Ratio distribution charts can be found below:

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


FRA:DVY
79GF Score
Covista Inc FRA:DVY
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Covista 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.

Covista'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
=(360.837-0)/440.373
=0.82

Covista'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
=(349.248-0)/502.087
=0.70

* 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 0.70 mean?
Covista (FRA:DVY) has a Quick Ratio of 0.70 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Covista and its competitors. This is 43% below median its historical median of 1.23. Over the past decade, Covista's Quick Ratio has ranged from 0.68 to 3.92. According to the industry distribution chart, Covista ranks #202 out of 261 companies in the Education industry, placing it in the top 77.4%.
Is Covista's Quick Ratio too high?
Covista's current Quick Ratio of 0.70 is 43% below median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 3.92. The Education industry median Quick Ratio is 1.38. Covista's value of 0.70 is 49.3% below this industry median. Based on the distribution chart, Covista ranks #202 out of 261 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, Covista has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Covista's Quick Ratio compare to LOPE and LRN?
According to the Education industry distribution chart, Covista ranks #202 out of 261 companies for Quick Ratio. This places Covista in the lower half of its industry. The industry median Quick Ratio is 1.38. Covista's value of 0.70 is 49.3% below this benchmark. Historically, Covista's own Quick Ratio has ranged from 0.68 to 3.92 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 1.38, Covista 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 Quick Ratio for an Education company?
The median Quick Ratio among Education companies is 1.38, based on 261 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. Covista's current Quick Ratio of 0.70 is 49.3% 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 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 Covista and its competitors. For the Education industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Covista's current Quick Ratio is 0.70, which is 43% below median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covista stock overvalued right now?
Based on GuruFocus' analysis, Covista (FRA:DVY) is currently considered Modestly Overvalued. The stock's GF Value™ is €99.16, compared to a current price of €115.20 — trading 16.2% above its estimated fair value. The current Quick Ratio is 0.70, which is 43% below median its 10-year median of 1.23 and 49.3% below the Education industry median of 1.38. Covista's overall GF Score™ is 79/100 with 1 warning sign 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 Covista (FRA:DVY), the current Quick Ratio is 0.70 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 Covista (FRA:DVY) Overvalued in 2026?

Based on GuruFocus' analysis, Covista stock appears to be overvalued. The current stock price of €115.20 is trading 16.2% above its estimated GF Value™ of €99.16. GuruFocus considers Covista to be Modestly Overvalued.

Key valuation signals for FRA:DVY:

  • Quick Ratio: 0.70 (43% below median its 10-year median of 1.23)
  • GF Value™: €99.16 vs. price of €115.20 (16.2% above fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 49.3% below the Education median (#202 of 261)

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


Covista Business Description

Other Exchanges CVSA:USA
Address 233 South Wacker Drive, Chicago, IL, USA, 60606
Covista Inc is an American healthcare educator, serving more than 97,000 students and supported by a community of alumni across five accredited institutions. Through personalized, tech-enabled education powered by faculty and colleagues, it expands access to healthcare careers and addresses the U.S. healthcare workforce shortage at scale.
79GF Score

Get the complete analysis for FRA:DVY

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

€115.20
Price
€99.16
GF Value