Sectra ABMIL:1SECT 78 Quick Ratio is 1.61 as of Apr. 2026, which is 3% above its 10-year median of 1.57. GuruFocus rates MIL:1SECT with a GF Score™ of 78/100 and a GF Value™ of €28.93 (Fairly Valued). Among 854 Medical Devices & Instruments companies, Sectra AB ranks worse than 57.14% 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. Sectra AB's quick ratio for the quarter that ended in Apr. 2026 was 1.61.
Sectra AB has a quick ratio of 1.61. It generally indicates good short-term financial strength.
The historical rank and industry rank for Sectra AB's Quick Ratio or its related term are showing as below:
MIL:1SECT'
s Quick Ratio Range Over the Past 10 Years
Min: 1.47 Med: 1.57 Max: 1.72
Current: 1.61
During the past 13 years, Sectra AB's highest Quick Ratio was 1.72. The lowest was 1.47. And the median was 1.57.
MIL:1SECT's Quick Ratio is ranked worse than 57.14% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 1.865
vs MIL:1SECT: 1.61
Sectra AB (MIL:1SECT) 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.
Sectra AB Quick Ratio Related Terms
Sectra AB Quick Ratio Historical Data
* Premium members only.
The historical data trend for Sectra AB'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.
MIL:1SECT vs ABT, SYK, MDT: Quick Ratio Comparison
For the Medical Devices subindustry, Sectra AB'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.
Sectra AB Quick Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Sectra AB's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Sectra AB'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.
Sectra AB's Quick Ratio for the fiscal year that ended in Apr. 2026 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.
Sectra AB (MIL:1SECT) has a Quick Ratio of 1.61 as of Apr. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Sectra AB and its competitors. This is near median its historical median of 1.57. Over the past decade, Sectra AB's Quick Ratio has ranged from 1.47 to 1.72. According to the industry distribution chart, Sectra AB ranks #488 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 57.1%.
Is Sectra AB's Quick Ratio too high?
Sectra AB's current Quick Ratio of 1.61 is near median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 1.72. The Medical Devices & Instruments industry median Quick Ratio is 1.87. Sectra AB's value of 1.61 is 13.7% below this industry median. Based on the distribution chart, Sectra AB ranks #488 out of 854 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Sectra AB has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sectra AB's Quick Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Sectra AB ranks #488 out of 854 companies for Quick Ratio. This places Sectra AB in the lower half of its industry. The industry median Quick Ratio is 1.87. Sectra AB's value of 1.61 is 13.7% below this benchmark. Historically, Sectra AB's own Quick Ratio has ranged from 1.47 to 1.72 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.87, Sectra AB 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 a Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.87, 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. Sectra AB's current Quick Ratio of 1.61 is 13.7% 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 Sectra AB and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sectra AB's current Quick Ratio is 1.61, which is near median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sectra AB stock overvalued right now?
Based on GuruFocus' analysis, Sectra AB (MIL:1SECT) is currently considered Fairly Valued. The stock's GF Value™ is €28.93, compared to a current price of €27.38 — trading 5.4% below its estimated fair value. The current Quick Ratio is 1.61, which is near median its 10-year median of 1.57 and 13.7% below the Medical Devices & Instruments industry median of 1.87. Sectra AB's overall GF Score™ is 78/100. 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 Sectra AB (MIL:1SECT), the current Quick Ratio is 1.61 as of Apr. 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 Sectra AB (MIL:1SECT) Overvalued in 2026?
Based on GuruFocus' analysis, Sectra AB stock appears to be undervalued.
The current stock price of €27.38 is trading 5.4% below its estimated GF Value™ of €28.93.
GuruFocus considers Sectra AB to be Fairly Valued.
Key valuation signals for MIL:1SECT:
Quick Ratio: 1.61 (near median its 10-year median of 1.57)
GF Value™: €28.93 vs. price of €27.38 (5.4% below fair value)
Industry Position: 13.7% below the Medical Devices & Instruments median (#488 of 854)
No single metric tells the full story. See the MIL:1SECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sectra AB develops IT solutions and services for storing, viewing, and working with medical images. The operating business segments are Imaging IT Solutions, Secure Communications, Business Innovation, and Other Operations. It generates maximum revenue from the Imaging IT Solutions segment. The company also offers maintenance in the form of support, system monitoring, and consulting services related to integration, system design, data migration, and business development. Geographically, it derives a majority of its revenue from the United States, followed by Sweden, the United Kingdom, the Netherlands, the Rest of Europe, and the Rest of the world.
78GF Score
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