Spok Holdings (FRA:FQV) Quick Ratio: 1.09 (As of Mar. 2026) — 46% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:FQV Spok Holdings Inc FRA:FQV
63 GF Score
Price €9.20
GF Value €12.82
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Spok Holdings Quick Ratio?

Spok Holdings FRA:FQV +3.37% 63 Quick Ratio is 1.09 as of Mar. 2026, which is 46% below its 10-year median of 2.02. GuruFocus rates FRA:FQV with a GF Score™ of 63/100 and a GF Value™ of €12.82 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 684 Healthcare Providers & Services companies, Spok Holdings ranks worse than 59.06% 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. Spok Holdings's quick ratio for the quarter that ended in Mar. 2026 was 1.09.

Spok Holdings has a quick ratio of 1.09. It generally indicates good short-term financial strength.

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

FRA:FQV' s Quick Ratio Range Over the Past 10 Years
Min: 1.09   Med: 2.02   Max: 3.09
Current: 1.09

During the past 13 years, Spok Holdings's highest Quick Ratio was 3.09. The lowest was 1.09. And the median was 2.02.

FRA:FQV's Quick Ratio is ranked worse than
59.06% of 684 companies
in the Healthcare Providers & Services industry
Industry Median: 1.32 vs FRA:FQV: 1.09

Spok Holdings  (FRA:FQV) 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.


Spok Holdings Quick Ratio Related Terms


Spok Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for Spok Holdings'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.

Spok Holdings Quick Ratio Chart

Spok Holdings 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 1.71 1.29 1.33 1.26 1.18

Spok Holdings 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 1.24 1.24 1.21 1.18 1.09

FRA:FQV vs LFMD, AMWL, SY: Quick Ratio Comparison

For the Health Information Services subindustry, Spok Holdings'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.


Spok Holdings Quick Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Spok Holdings's Quick Ratio distribution charts can be found below:

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


FRA:FQV
63GF Score
Spok Holdings Inc FRA:FQV
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spok Holdings 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.

Spok Holdings'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
=(49.433-0)/41.939
=1.18

Spok Holdings'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
=(40.847-0)/37.581
=1.09

* 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 1.09 mean?
Spok Holdings (FRA:FQV) has a Quick Ratio of 1.09 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Spok Holdings and its competitors. This is 46% below median its historical median of 2.02. Over the past decade, Spok Holdings' Quick Ratio has ranged from 1.09 to 3.09. According to the industry distribution chart, Spok Holdings ranks #404 out of 684 companies in the Healthcare Providers & Services industry, placing it in the top 59.1%.
Is Spok Holdings' Quick Ratio too high?
Spok Holdings' current Quick Ratio of 1.09 is 46% below median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 3.09. The Healthcare Providers & Services industry median Quick Ratio is 1.32. Spok Holdings' value of 1.09 is 17.4% below this industry median. Based on the distribution chart, Spok Holdings ranks #404 out of 684 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Spok Holdings has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spok Holdings' Quick Ratio compare to LFMD and AMWL?
According to the Healthcare Providers & Services industry distribution chart, Spok Holdings ranks #404 out of 684 companies for Quick Ratio. This places Spok Holdings in the lower half of its industry. The industry median Quick Ratio is 1.32. Spok Holdings' value of 1.09 is 17.4% below this benchmark. Historically, Spok Holdings' own Quick Ratio has ranged from 1.09 to 3.09 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 1.32, Spok Holdings 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 a Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.32, based on 684 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. Spok Holdings's current Quick Ratio of 1.09 is 17.4% 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 Spok Holdings and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spok Holdings's current Quick Ratio is 1.09, which is 46% below median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spok Holdings stock overvalued right now?
Based on GuruFocus' analysis, Spok Holdings (FRA:FQV) is currently considered Modestly Undervalued. The stock's GF Value™ is €12.82, compared to a current price of €9.20 — trading 28.2% below its estimated fair value. The current Quick Ratio is 1.09, which is 46% below median its 10-year median of 2.02 and 17.4% below the Healthcare Providers & Services industry median of 1.32. Spok Holdings' overall GF Score™ is 63/100 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 Spok Holdings (FRA:FQV), the current Quick Ratio is 1.09 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 Spok Holdings (FRA:FQV) Overvalued in 2026?

Based on GuruFocus' analysis, Spok Holdings stock appears to be undervalued. The current stock price of €9.20 is trading 28.2% below its estimated GF Value™ of €12.82. GuruFocus considers Spok Holdings to be Modestly Undervalued.

Key valuation signals for FRA:FQV:

  • Quick Ratio: 1.09 (46% below median its 10-year median of 2.02)
  • GF Value™: €12.82 vs. price of €9.20 (28.2% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 17.4% below the Healthcare Providers & Services median (#404 of 684)

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


Spok Holdings Business Description

Other Exchanges SPOK:USA
Address 3000 Technology Drive, Suite 400, Plano, TX, USA, 75074
Spok Holdings Inc is a provider of healthcare communications. The company delivers clinical communication and collaboration solutions to help protect the health, well-being, and safety of people in the United States and abroad, on a limited basis, in Europe, Canada, Australia, Asia, and the Middle East. The company develops, sells, and supports enterprise-wide systems principally for healthcare and other organizations needing to automate, centralize, and standardize their approach to clinical and critical communications. The company offers its services and products to three market segments: healthcare, government, and large enterprise, with a greater emphasis on the healthcare market segment. Geographically, the company generates the majority of its revenue from the United States.
63GF Score

Get the complete analysis for FRA:FQV

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

€9.20
Price
€12.82
GF Value