KONE OyjLTS:0II2 -0.35%79 Quick Ratio is 0.80 as of Mar. 2026, which is 18% below its 10-year median of 0.97. GuruFocus rates LTS:0II2 with a GF Score™ of 79/100 and a GF Value™ of €51.36 (Fairly Valued). The stock has 3 warning signs investors should review. Among 3,079 Industrial Products companies, KONE Oyj ranks worse than 81.23% on this metric.
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. KONE Oyj's quick ratio for the quarter that ended in Mar. 2026 was 0.80.
KONE Oyj has a quick ratio of 0.80. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for KONE Oyj's Quick Ratio or its related term are showing as below:
LTS:0II2'
s Quick Ratio Range Over the Past 10 Years
Min: 0.76 Med: 0.97 Max: 1.17
Current: 0.8
During the past 13 years, KONE Oyj's highest Quick Ratio was 1.17. The lowest was 0.76. And the median was 0.97.
LTS:0II2's Quick Ratio is ranked worse than 81.23% of 3079
companies
in the Industrial Products industry
Industry Median: 1.39
vs LTS:0II2: 0.80
KONE Oyj (LTS:0II2) 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.
KONE Oyj Quick Ratio Related Terms
KONE Oyj Quick Ratio Historical Data
* Premium members only.
The historical data trend for KONE Oyj'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 Specialty Industrial Machinery subindustry, KONE 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.
KONE Oyj Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, KONE Oyj's Quick Ratio distribution charts can be found below:
* The bar in red indicates where KONE 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.
KONE 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.
KONE Oyj (LTS:0II2) has a Quick Ratio of 0.80 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on KONE Oyj and its competitors. This is 18% below median its historical median of 0.97. Over the past decade, KONE Oyj's Quick Ratio has ranged from 0.76 to 1.17. According to the industry distribution chart, KONE Oyj ranks #2501 out of 3079 companies in the Industrial Products industry, placing it in the top 81.2%.
Is KONE Oyj's Quick Ratio too high?
KONE Oyj's current Quick Ratio of 0.80 is 18% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.17. The Industrial Products industry median Quick Ratio is 1.39. KONE Oyj's value of 0.80 is 42.4% below this industry median. Based on the distribution chart, KONE Oyj ranks #2501 out of 3079 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, KONE Oyj has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KONE Oyj's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, KONE Oyj ranks #2501 out of 3079 companies for Quick Ratio. This places KONE Oyj in the lower half of its industry. The industry median Quick Ratio is 1.39. KONE Oyj's value of 0.80 is 42.4% below this benchmark. Historically, KONE Oyj's own Quick Ratio has ranged from 0.76 to 1.17 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 1.39, KONE Oyj has consistently been below 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,079 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. KONE Oyj's current Quick Ratio of 0.80 is 42.4% 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 KONE Oyj and its competitors. For the Industrial Products 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. KONE Oyj's current Quick Ratio is 0.80, which is 18% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KONE Oyj stock overvalued right now?
Based on GuruFocus' analysis, KONE Oyj (LTS:0II2) is currently considered Fairly Valued. The stock's GF Value™ is €51.36, compared to a current price of €49.68 — trading 3.3% below its estimated fair value. The current Quick Ratio is 0.80, which is 18% below median its 10-year median of 0.97 and 42.4% below the Industrial Products industry median of 1.39. KONE Oyj's overall GF Score™ is 79/100 with 3 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 KONE Oyj (LTS:0II2), the current Quick Ratio is 0.80 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 KONE Oyj (LTS:0II2) Overvalued in 2026?
Based on GuruFocus' analysis, KONE Oyj stock appears to be undervalued.
The current stock price of €49.68 is trading 3.3% below its estimated GF Value™ of €51.36.
GuruFocus considers KONE Oyj to be Fairly Valued.
Key valuation signals for LTS:0II2:
Quick Ratio: 0.80 (18% below median its 10-year median of 0.97)
GF Value™: €51.36 vs. price of €49.68 (3.3% below fair value)
Industry Position: 42.4% below the Industrial Products median (#2501 of 3079)
No single metric tells the full story. See the LTS:0II2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to closest competitors Otis, Schindler, and TK Elevator.
79GF Score
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