KATEK SE (HAM:KTEK) Quick Ratio: 0.56 (As of Dec. 2023)

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HAM:KTEK KATEK SE HAM:KTEK
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What is KATEK SE Quick Ratio?

KATEK SE HAM:KTEK +0.53% 10 Quick Ratio is 0.56 as of Dec. 2023. GuruFocus rates HAM:KTEK with a GF Score™ of 10/100.

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. KATEK SE's quick ratio for the quarter that ended in Dec. 2023 was 0.56.

KATEK SE has a quick ratio of 0.56. It indicates that the company cannot currently fully pay back its current liabilities.

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

HAM:KTEK's Quick Ratio is not ranked *
in the Hardware industry.
Industry Median: 1.39
* Ranked among companies with meaningful Quick Ratio only.

KATEK SE  (HAM:KTEK) 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.


KATEK SE Quick Ratio Related Terms


KATEK SE Quick Ratio Historical Data

* Premium members only.

The historical data trend for KATEK 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.

KATEK SE Quick Ratio Chart

KATEK SE Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Quick Ratio
0.53 0.54 0.33 0.56

KATEK SE Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.33 0.53 0.52 0.54 0.56

HAM:KTEK vs APH, TEL, GLW: Quick Ratio Comparison

For the Electronic Components subindustry, KATEK 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.


KATEK SE Quick Ratio vs Hardware Industry

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

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


HAM:KTEK
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KATEK SE HAM:KTEK
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KATEK SE 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.

KATEK SE's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(352.716-229.257)/219.727
=0.56

KATEK SE's Quick Ratio for the quarter that ended in Dec. 2023 is calculated as

Quick Ratio (Q: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(352.716-229.257)/219.727
=0.56

* 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 0.56 mean?
KATEK SE (HAM:KTEK) has a Quick Ratio of 0.56 as of Dec. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on KATEK SE and its competitors.
Is KATEK SE's Quick Ratio too high?
KATEK SE's current Quick Ratio is 0.56. The Hardware industry median Quick Ratio is 1.39. KATEK SE's value of 0.56 is 59.7% below this industry median. Overall, KATEK SE has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does KATEK SE's Quick Ratio compare to APH and TEL?
KATEK SE's Quick Ratio of 0.56 can be compared against companies in the Hardware industry. The industry median Quick Ratio is 1.39. KATEK SE's value of 0.56 is 59.7% 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 1.39, based on 2,493 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. KATEK SE's current Quick Ratio of 0.56 is 59.7% 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 KATEK SE and its competitors. For the Hardware 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. KATEK SE's current Quick Ratio is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KATEK SE stock overvalued right now?
KATEK SE (HAM:KTEK) has a current Quick Ratio of 0.56. The current Quick Ratio is 0.56 and 59.7% below the Hardware industry median of 1.39. KATEK SE's overall GF Score™ is 10/100. 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 KATEK SE (HAM:KTEK), the current Quick Ratio is 0.56 as of Dec. 2023. 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.

KATEK SE Business Description

Address Promenadeplatz 12, Munchen, BY, DEU, 80333
KATEK SE is a German electronics service provider. The key revenue streams are automotive, communication, consumer, industry, energy/solar, and medical technology. It has two segments, The Electronics segment comprises the activities of the Group in the development of hardware and software, prototyping, and the manufacture of high-quality electronics for industrial customers. The Systems & Products segment comprises the same value-added activities, but, in contrast to the Electronics segment, it possesses a number of additional features that together create particular value added (high-value electronics). The majority is from the Electronics segment. Geographically, the majority of revenue is from Germany.
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