Polarean Imaging has a quick ratio of 2.75. It generally indicates good short-term financial strength.
The historical rank and industry rank for Polarean Imaging's Quick Ratio or its related term are showing as below:
LSE:POLX'
s Quick Ratio Range Over the Past 10 Years
Min: 0.16 Med: 4.18 Max: 15.14
Current: 2.75
During the past 9 years, Polarean Imaging's highest Quick Ratio was 15.14. The lowest was 0.16. And the median was 4.18.
LSE:POLX's Quick Ratio is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 1.885
vs LSE:POLX: 2.75
Polarean Imaging (LSE:POLX) 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.
Polarean Imaging Quick Ratio Related Terms
Polarean Imaging Quick Ratio Historical Data
* Premium members only.
The historical data trend for Polarean Imaging'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.
LSE:POLX vs FOFA, BTCY, LFWD: Quick Ratio Comparison
For the Medical Devices subindustry, Polarean Imaging'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.
Polarean Imaging Quick Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Polarean Imaging's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Polarean Imaging'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.
Polarean Imaging's Quick Ratio for the fiscal year that ended in Dec. 2024 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.
Polarean Imaging (LSE:POLX) has a Quick Ratio of 2.75 as of Jun. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Polarean Imaging and its competitors. This is 34% below median its historical median of 4.18. Over the past decade, Polarean Imaging's Quick Ratio has ranged from 0.16 to 15.14.
Is Polarean Imaging's Quick Ratio too high?
Polarean Imaging's current Quick Ratio of 2.75 is 34% below median its 10-year median of 4.18. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 15.14. The Medical Devices & Instruments industry median Quick Ratio is 1.89. Polarean Imaging's value of 2.75 is 45.9% above this industry median.
How does Polarean Imaging's Quick Ratio compare to FOFA and BTCY?
Polarean Imaging's Quick Ratio of 2.75 can be compared against companies in the Medical Devices & Instruments industry. The industry median Quick Ratio is 1.89. Polarean Imaging's value of 2.75 is 45.9% above this benchmark. Historically, Polarean Imaging's own Quick Ratio has ranged from 0.16 to 15.14 over the past decade. While the company's 10-year median is 4.18 vs. the industry median of 1.89, Polarean Imaging 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 Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.89, based on 854 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. Polarean Imaging's current Quick Ratio of 2.75 is 45.9% 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 Polarean Imaging and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polarean Imaging's current Quick Ratio is 2.75, which is 34% below median its own 10-year median of 4.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polarean Imaging stock overvalued right now?
Polarean Imaging (LSE:POLX) has a current Quick Ratio of 2.75. The current Quick Ratio is 2.75, which is 34% below median its 10-year median of 4.18 and 45.9% above the Medical Devices & Instruments industry median of 1.89. 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 Polarean Imaging (LSE:POLX), the current Quick Ratio is 2.75 as of Jun. 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.
Polarean Imaging PLC designs and manufactures medical drug-device combination companies operating in the high-resolution medical imaging market. Its only operating segment is the development and commercialization of gas polariser devices and ancillary instruments. Geographically, it derives the majority of its revenue from the United States of America and also has a presence in Canada and the United Kingdom. The company generates revenue from products and services such as Polarisers, Parts and Upgrades, Service, and other revenue. Its product portfolio includes 9820 129Xe Hyperpolarizer, 9800 129Xe Hyperpolarizer, Polarean 3777 129Xe Hyperpolarizer Upgrade Module, Polarean 2881 Polarization Measurement Station, and others.
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