Cell Impact (FRA:ICL) Quick Ratio: 0.63 (As of Mar. 2026) — 70% Below Median


What is Cell Impact Quick Ratio?

Cell Impact FRA:ICL -42.86% Quick Ratio is 0.63 as of Mar. 2026, which is 70% below its 10-year median of 2.10. The stock has 7 warning signs investors should review. Among 3,071 Industrial Products companies, Cell Impact ranks worse than 89.32% 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. Cell Impact's quick ratio for the quarter that ended in Mar. 2026 was 0.63.

Cell Impact has a quick ratio of 0.63. It indicates that the company cannot currently fully pay back its current liabilities.

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

FRA:ICL' s Quick Ratio Range Over the Past 10 Years
Min: 0.29   Med: 2.1   Max: 7.56
Current: 0.63

During the past 13 years, Cell Impact's highest Quick Ratio was 7.56. The lowest was 0.29. And the median was 2.10.

FRA:ICL's Quick Ratio is ranked worse than
89.32% of 3071 companies
in the Industrial Products industry
Industry Median: 1.39 vs FRA:ICL: 0.63

Cell Impact  (FRA:ICL) 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.


Cell Impact Quick Ratio Related Terms


Cell Impact Quick Ratio Historical Data

* Premium members only.

The historical data trend for Cell Impact'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.

Cell Impact Quick Ratio Chart

Cell Impact 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 1.32 4.36 2.26 1.33 0.61

Cell Impact 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 0.60 0.29 1.03 0.61 0.63

FRA:ICL vs CRS, ATI, MLI: Quick Ratio Comparison

For the Metal Fabrication subindustry, Cell Impact'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.


Cell Impact Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cell Impact's Quick Ratio distribution charts can be found below:

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



Cell Impact 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.

Cell Impact'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
=(6.567-4.597)/3.25
=0.61

Cell Impact'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
=(5.796-4.601)/1.896
=0.63

* 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 0.63 mean?
Cell Impact (FRA:ICL) has a Quick Ratio of 0.63 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Cell Impact and its competitors. This is 70% below median its historical median of 2.10. Over the past decade, Cell Impact's Quick Ratio has ranged from 0.29 to 7.56. According to the industry distribution chart, Cell Impact ranks #2743 out of 3071 companies in the Industrial Products industry, placing it in the top 89.3%.
Is Cell Impact's Quick Ratio too high?
Cell Impact's current Quick Ratio of 0.63 is 70% below median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 7.56. The Industrial Products industry median Quick Ratio is 1.39. Cell Impact's value of 0.63 is 54.7% below this industry median. Based on the distribution chart, Cell Impact ranks #2743 out of 3071 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does Cell Impact's Quick Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Cell Impact ranks #2743 out of 3071 companies for Quick Ratio. This places Cell Impact in the lower half of its industry. The industry median Quick Ratio is 1.39. Cell Impact's value of 0.63 is 54.7% below this benchmark. Historically, Cell Impact's own Quick Ratio has ranged from 0.29 to 7.56 over the past decade. While the company's 10-year median is 2.10 vs. the industry median of 1.39, Cell Impact 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 Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,071 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. Cell Impact's current Quick Ratio of 0.63 is 54.7% 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 Cell Impact and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cell Impact's current Quick Ratio is 0.63, which is 70% below median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cell Impact stock overvalued right now?
Based on GuruFocus' analysis, Cell Impact (FRA:ICL) is currently considered Fairly Valued. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading right at its estimated fair value. The current Quick Ratio is 0.63, which is 70% below median its 10-year median of 2.10 and 54.7% below the Industrial Products industry median of 1.39. 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 Cell Impact (FRA:ICL), the current Quick Ratio is 0.63 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.

Cell Impact Business Description

Other Exchanges CI:Sweden
Address Kallmossvagen 7A, Karlskoga, SWE, 691 52
Cell Impact develops and manufactures flow plates for fuel cells and electrolyzers using materials such as graphite, stainless steel, and titanium. The company has developed and patented a high-velocity forming method, known as Cell Impact Forming, which enables the production of flow plates with advanced designs. Geographically, it operates in Sweden, Asia, the U.S., and Other Europe. It generates the majority of its revenue from Sweden.