NeXR Technologies SE has a quick ratio of 0.86. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for NeXR Technologies SE's Quick Ratio or its related term are showing as below:
FRA:NXR's Quick Ratio is not ranked *
in the Hardware industry.
Industry Median: 1.46 * Ranked among companies with meaningful Quick Ratio only.
NeXR Technologies SE (FRA:NXR) 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.
NeXR Technologies SE Quick Ratio Related Terms
NeXR Technologies SE Quick Ratio Historical Data
* Premium members only.
The historical data trend for NeXR Technologies SE'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.
For the Computer Hardware subindustry, NeXR Technologies SE'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.
NeXR Technologies SE Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, NeXR Technologies SE's Quick Ratio distribution charts can be found below:
* The bar in red indicates where NeXR Technologies SE's Quick Ratio falls into.
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.
NeXR Technologies SE's Quick Ratio for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
NeXR Technologies SE (FRA:NXR) has a Quick Ratio of 0.86 as of Dec. 2022. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on NeXR Technologies SE and its competitors.
Is NeXR Technologies SE's Quick Ratio too high?
NeXR Technologies SE's current Quick Ratio is 0.86. The Hardware industry median Quick Ratio is 1.46. NeXR Technologies SE's value of 0.86 is 41.1% below this industry median.
How does NeXR Technologies SE's Quick Ratio compare to HPK and MRO?
NeXR Technologies SE's Quick Ratio of 0.86 can be compared against companies in the Hardware industry. The industry median Quick Ratio is 1.46. NeXR Technologies SE's value of 0.86 is 41.1% below this benchmark. 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 2,495 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. NeXR Technologies SE's current Quick Ratio of 0.86 is 41.1% 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 NeXR Technologies SE 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. NeXR Technologies SE's current Quick Ratio is 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NeXR Technologies SE stock overvalued right now?
NeXR Technologies SE (FRA:NXR) has a current Quick Ratio of 0.86. The current Quick Ratio is 0.86 and 41.1% below the Hardware industry median of 1.46. 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 NeXR Technologies SE (FRA:NXR), the current Quick Ratio is 0.86 as of Dec. 2022. 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.
NeXR Technologies SE is a technology company. The company is engaged in two business areas: 3D scanner systems and VR experience worlds. It develops and produces complex 3D photogrammetry scanner systems that can be used for both professional studio purposes and end-user applications. The company is also developing and producing digital VR worlds for prominent companies and stars from the sports, music, and entertainment industries as a provider of agency services.
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