Bittium (FRA:JOT) Quick Ratio: 1.94 (As of Dec. 2025) — 15% Below Median


FRA:JOT Bittium Corp FRA:JOT
65 GF Score
Price €31.10
GF Value €11.16
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Bittium Quick Ratio?

Bittium FRA:JOT +0.32% 65 Quick Ratio is 1.94 as of Dec. 2025, which is 15% below its 10-year median of 2.27. GuruFocus rates FRA:JOT with a GF Score™ of 65/100 and a GF Value™ of €11.16 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,496 Hardware companies, Bittium ranks better than 65.3% 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. Bittium's quick ratio for the quarter that ended in Dec. 2025 was 1.94.

Bittium has a quick ratio of 1.94. It generally indicates good short-term financial strength.

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

FRA:JOT' s Quick Ratio Range Over the Past 10 Years
Min: 0.96   Med: 2.27   Max: 6.07
Current: 1.94

During the past 13 years, Bittium's highest Quick Ratio was 6.07. The lowest was 0.96. And the median was 2.27.

FRA:JOT's Quick Ratio is ranked better than
65.3% of 2496 companies
in the Hardware industry
Industry Median: 1.46 vs FRA:JOT: 1.94

Bittium  (FRA:JOT) 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.


Bittium Quick Ratio Related Terms


Bittium Quick Ratio Historical Data

* Premium members only.

The historical data trend for Bittium'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.

Bittium Quick Ratio Chart

Bittium 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 2.21 1.88 0.96 1.69 1.94

Bittium Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.96 1.55 1.69 1.60 1.94

FRA:JOT vs CSCO, CIEN, MSI: Quick Ratio Comparison

For the Communication Equipment subindustry, Bittium'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.


Bittium Quick Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Bittium's Quick Ratio distribution charts can be found below:

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


FRA:JOT
65GF Score
Bittium Corp FRA:JOT
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bittium 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.

Bittium'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
=(106.813-24.368)/42.597
=1.94

Bittium's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(106.813-24.368)/42.597
=1.94

* 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 1.94 mean?
Bittium (FRA:JOT) has a Quick Ratio of 1.94 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Bittium and its competitors. This is 15% below median its historical median of 2.27. Over the past decade, Bittium's Quick Ratio has ranged from 0.96 to 6.07. According to the industry distribution chart, Bittium ranks #866 out of 2496 companies in the Hardware industry, placing it in the top 34.7%.
Is Bittium's Quick Ratio too high?
Bittium's current Quick Ratio of 1.94 is 15% below median its 10-year median of 2.27. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 6.07. The Hardware industry median Quick Ratio is 1.46. Bittium's value of 1.94 is 32.9% above this industry median. Based on the distribution chart, Bittium ranks #866 out of 2496 companies in the Hardware industry, which is above the industry midpoint. Overall, Bittium has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bittium's Quick Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Bittium ranks #866 out of 2496 companies for Quick Ratio. This puts Bittium in the upper half of its industry. The industry median Quick Ratio is 1.46. Bittium's value of 1.94 is 32.9% above this benchmark. Historically, Bittium's own Quick Ratio has ranged from 0.96 to 6.07 over the past decade. While the company's 10-year median is 2.27 vs. the industry median of 1.46, Bittium 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,496 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. Bittium's current Quick Ratio of 1.94 is 32.9% 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 Bittium and its competitors. For the Hardware industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bittium's current Quick Ratio is 1.94, which is 15% below median its own 10-year median of 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bittium stock overvalued right now?
Based on GuruFocus' analysis, Bittium (FRA:JOT) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.16, compared to a current price of €31.10 — trading 178.7% above its estimated fair value. The current Quick Ratio is 1.94, which is 15% below median its 10-year median of 2.27 and 32.9% above the Hardware industry median of 1.46. Bittium's overall GF Score™ is 65/100 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 Bittium (FRA:JOT), the current Quick Ratio is 1.94 as of Dec. 2025. 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 Bittium (FRA:JOT) Overvalued in 2026?

Based on GuruFocus' analysis, Bittium stock appears to be overvalued. The current stock price of €31.10 is trading 178.7% above its estimated GF Value™ of €11.16. GuruFocus considers Bittium to be Significantly Overvalued.

Key valuation signals for FRA:JOT:

  • Quick Ratio: 1.94 (15% below median its 10-year median of 2.27)
  • GF Value™: €11.16 vs. price of €31.10 (178.7% above fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 32.9% above the Hardware median (#866 of 2496)

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


Bittium Business Description

Address Ritaharjuntie 1, Oulu, FIN, 90590
Bittium Corp is a Finnish technology company specializing in secure communication and connectivity solutions, as well as products and services for out-of-hospital biosignal measurement and monitoring. The company develops, produces, and sells software, equipment, and other products for the automotive and electronics industry, offering high-tech products and services globally. Its segments are Defense & Security, with the segment generating maximum revenue and consisting of tactical and secure communication solutions for the defense market and communication solutions for government, public safety, and critical infrastructure markets, and Medical, which focuses on biosignal measurement solutions, including ECG, sleep apnea testing, EEG, and EMG. It generates maximum revenue from Finland.
65GF Score

Get the complete analysis for FRA:JOT

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

€31.10
Price
€11.16
GF Value