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IQM Quantum Computers OyjIQMX -1.21%11 Quick Ratio is 4.74 as of Dec. 2025, which is 63% above its 10-year median of 2.91. GuruFocus rates IQMX with a GF Score™ of 11/100. Among 2,497 Hardware companies, IQM Quantum Computers Oyj ranks better than 89.19% on this metric.
IQM Quantum Computers Oyj (NAS:IQMX) 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.
IQM Quantum Computers Oyj Quick Ratio Related Terms
IQM Quantum Computers Oyj Quick Ratio Historical Data
* 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.
IQM Quantum Computers Oyj Quick Ratio Chart
IQM Quantum Computers Oyj Annual Data
Trend
Dec24
Dec25
Quick Ratio
1.07
4.74
IQM Quantum Computers Oyj Semi-Annual Data
Dec24
Dec25
Quick Ratio
1.07
4.74
IQMX vs MSFT, ORCL, PLTR: Quick Ratio Comparison
For the Computer Hardware subindustry, IQM Quantum Computers Oyj'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.
IQM Quantum Computers Oyj Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, IQM Quantum Computers Oyj's Quick Ratio distribution charts can be found below:
* The bar in red indicates where IQM Quantum Computers Oyj'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.
IQM Quantum Computers Oyj's Quick Ratio for the fiscal year that ended in Dec. 2025 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.
IQM Quantum Computers Oyj (IQMX) has a Quick Ratio of 4.74 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on IQM Quantum Computers Oyj and its competitors. This is 63% above median its historical median of 2.91. Over the past decade, IQM Quantum Computers Oyj's Quick Ratio has ranged from 1.07 to 4.74. According to the industry distribution chart, IQM Quantum Computers Oyj ranks #270 out of 2497 companies in the Hardware industry, placing it in the top 10.8%.
Is IQM Quantum Computers Oyj's Quick Ratio too high?
IQM Quantum Computers Oyj's current Quick Ratio of 4.74 is 63% above median its 10-year median of 2.91. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 4.74. The Hardware industry median Quick Ratio is 1.42. IQM Quantum Computers Oyj's value of 4.74 is 233.8% above this industry median. Based on the distribution chart, IQM Quantum Computers Oyj ranks #270 out of 2497 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, IQM Quantum Computers Oyj has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does IQM Quantum Computers Oyj's Quick Ratio compare to MSFT and ORCL?
According to the Hardware industry distribution chart, IQM Quantum Computers Oyj ranks #270 out of 2497 companies for Quick Ratio. This places IQM Quantum Computers Oyj in the top 11% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.42. IQM Quantum Computers Oyj's value of 4.74 is 233.8% above this benchmark. Historically, IQM Quantum Computers Oyj's own Quick Ratio has ranged from 1.07 to 4.74 over the past decade. While the company's 10-year median is 2.91 vs. the industry median of 1.42, IQM Quantum Computers Oyj 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 1.42, based on 2,497 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. IQM Quantum Computers Oyj's current Quick Ratio of 4.74 is 233.8% 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 IQM Quantum Computers Oyj and its competitors. For the Hardware industry, the median Quick Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IQM Quantum Computers Oyj's current Quick Ratio is 4.74, which is 63% above median its own 10-year median of 2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IQM Quantum Computers Oyj stock overvalued right now?
IQM Quantum Computers Oyj (IQMX) has a current Quick Ratio of 4.74. The current Quick Ratio is 4.74, which is 63% above median its 10-year median of 2.91 and 233.8% above the Hardware industry median of 1.42. IQM Quantum Computers Oyj's overall GF Score™ is 11/100. 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 IQM Quantum Computers Oyj (IQMX), the current Quick Ratio is 4.74 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.
IQM Finland Oy is engaged in the development and commercialization of superconducting quantum computers and related services. It provides on-premises full-stack quantum computing systems and cloud-based access platforms for quantum computing applications. Its customers include high-performance computing centers, research laboratories, universities, and enterprise clients that use quantum computing hardware and software systems.
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