Detection TechnologyLTS:0CXE 82 Quick Ratio is 1.84 as of Mar. 2026, which is 35% below its 10-year median of 2.83. GuruFocus rates LTS:0CXE with a GF Score™ of 82/100 and a GF Value™ of €20.46. The stock has 8 warning signs investors should review. Among 2,492 Hardware companies, Detection Technology ranks better than 62.76% on this metric.
Detection Technology has a quick ratio of 1.84. It generally indicates good short-term financial strength.
The historical rank and industry rank for Detection Technology's Quick Ratio or its related term are showing as below:
LTS:0CXE'
s Quick Ratio Range Over the Past 10 Years
Min: 1.33 Med: 2.83 Max: 3.5
Current: 1.84
During the past 13 years, Detection Technology's highest Quick Ratio was 3.50. The lowest was 1.33. And the median was 2.83.
LTS:0CXE's Quick Ratio is ranked better than 62.76% of 2492
companies
in the Hardware industry
Industry Median: 1.46
vs LTS:0CXE: 1.84
Detection Technology (LTS:0CXE) 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.
Detection Technology Quick Ratio Related Terms
Detection Technology Quick Ratio Historical Data
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The historical data trend for Detection Technology'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.
LTS:0CXE vs COHR, KEYS, GRMN: Quick Ratio Comparison
For the Scientific & Technical Instruments subindustry, Detection Technology'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.
Detection Technology Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Detection Technology's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Detection Technology'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.
Detection Technology'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.
Detection Technology (LTS:0CXE) has a Quick Ratio of 1.84 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Detection Technology and its competitors. This is 35% below median its historical median of 2.83. Over the past decade, Detection Technology's Quick Ratio has ranged from 1.33 to 3.50. According to the industry distribution chart, Detection Technology ranks #928 out of 2492 companies in the Hardware industry, placing it in the top 37.2%.
Is Detection Technology's Quick Ratio too high?
Detection Technology's current Quick Ratio of 1.84 is 35% below median its 10-year median of 2.83. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 3.50. The Hardware industry median Quick Ratio is 1.46. Detection Technology's value of 1.84 is 26% above this industry median. Based on the distribution chart, Detection Technology ranks #928 out of 2492 companies in the Hardware industry, which is above the industry midpoint. Overall, Detection Technology has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Detection Technology's Quick Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Detection Technology ranks #928 out of 2492 companies for Quick Ratio. This puts Detection Technology in the upper half of its industry. The industry median Quick Ratio is 1.46. Detection Technology's value of 1.84 is 26% above this benchmark. Historically, Detection Technology's own Quick Ratio has ranged from 1.33 to 3.50 over the past decade. While the company's 10-year median is 2.83 vs. the industry median of 1.46, Detection Technology 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 2,492 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. Detection Technology's current Quick Ratio of 1.84 is 26% 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 Detection Technology 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. Detection Technology's current Quick Ratio is 1.84, which is 35% below median its own 10-year median of 2.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Detection Technology stock overvalued right now?
Detection Technology (LTS:0CXE) has a current Quick Ratio of 1.84. The stock's GF Value™ is €20.46, compared to a current price of €11.55 — trading 43.5% below its estimated fair value. The current Quick Ratio is 1.84, which is 35% below median its 10-year median of 2.83 and 26% above the Hardware industry median of 1.46. Detection Technology's overall GF Score™ is 82/100 with 8 warning signs 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 Detection Technology (LTS:0CXE), the current Quick Ratio is 1.84 as of Mar. 2026. 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 Detection Technology (LTS:0CXE) Overvalued in 2026?
Based on GuruFocus' analysis, Detection Technology stock appears to be undervalued.
The current stock price of €11.55 is trading 43.5% below its estimated GF Value™ of €20.46.
Key valuation signals for LTS:0CXE:
Quick Ratio: 1.84 (35% below median its 10-year median of 2.83)
GF Value™: €20.46 vs. price of €11.55 (43.5% below fair value)
Industry Position: 26% above the Hardware median (#928 of 2492)
No single metric tells the full story. See the LTS:0CXE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Detection Technology PLC is a company engaged in providing X-ray imaging subsystems, components and services for medical, security and industrial applications. The business units of the company are the Medical business unit and Security and Industrial business unit, of which prime revenue is derived from the Security Business Unit. Its security imaging offering includes X-ray imaging subsystems for security applications from baggage, parcel and cargo scanning to personnel screening and computed tomography. The company operates in Finland, APAC, EMEA and Americas.
82GF Score
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