MIL:IMD's Quick Ratio is ranked better than 57.31% of 855
companies
in the Medical Devices & Instruments industry
Industry Median: 1.86
vs MIL:IMD: 2.23
IMD International Medical Devices SpA (MIL:IMD) 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.
IMD International Medical Devices SpA Quick Ratio Related Terms
IMD International Medical Devices SpA 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.
IMD International Medical Devices SpA Quick Ratio Chart
IMD International Medical Devices SpA Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Quick Ratio
0.93
1.04
1.60
1.86
2.23
IMD International Medical Devices SpA Semi-Annual Data
For the Medical Devices subindustry, IMD International Medical Devices SpA'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.
IMD International Medical Devices SpA Quick Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, IMD International Medical Devices SpA's Quick Ratio distribution charts can be found below:
* The bar in red indicates where IMD International Medical Devices SpA's Quick Ratio falls into.
IMD International Medical Devices SpA Quick Ratio Calculation
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.
* 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.
IMD International Medical Devices SpA (MIL:IMD) has a Quick Ratio of 2.23 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on IMD International Medical Devices SpA and its competitors. This is 39% above median its historical median of 1.60. Over the past decade, IMD International Medical Devices SpA's Quick Ratio has ranged from 0.93 to 2.23. According to the industry distribution chart, IMD International Medical Devices SpA ranks #365 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 42.7%.
Is IMD International Medical Devices SpA's Quick Ratio too high?
IMD International Medical Devices SpA's current Quick Ratio of 2.23 is 39% above median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 2.23. The Medical Devices & Instruments industry median Quick Ratio is 1.86. IMD International Medical Devices SpA's value of 2.23 is 19.9% above this industry median. Based on the distribution chart, IMD International Medical Devices SpA ranks #365 out of 855 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, IMD International Medical Devices SpA has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IMD International Medical Devices SpA's Quick Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, IMD International Medical Devices SpA ranks #365 out of 855 companies for Quick Ratio. This puts IMD International Medical Devices SpA in the upper half of its industry. The industry median Quick Ratio is 1.86. IMD International Medical Devices SpA's value of 2.23 is 19.9% above this benchmark. Historically, IMD International Medical Devices SpA's own Quick Ratio has ranged from 0.93 to 2.23 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 1.86, IMD International Medical Devices SpA 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 1.86, based on 855 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. IMD International Medical Devices SpA's current Quick Ratio of 2.23 is 19.9% 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 IMD International Medical Devices SpA and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IMD International Medical Devices SpA's current Quick Ratio is 2.23, which is 39% above median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IMD International Medical Devices SpA stock overvalued right now?
Based on GuruFocus' analysis, IMD International Medical Devices SpA (MIL:IMD) is currently considered Fairly Valued. The stock's GF Value™ is €1.35, compared to a current price of €1.28 — trading 5.2% below its estimated fair value. The current Quick Ratio is 2.23, which is 39% above median its 10-year median of 1.60 and 19.9% above the Medical Devices & Instruments industry median of 1.86. IMD International Medical Devices SpA's overall GF Score™ is 44/100 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 IMD International Medical Devices SpA (MIL:IMD), the current Quick Ratio is 2.23 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.
Is IMD International Medical Devices SpA (MIL:IMD) Overvalued in 2026?
Based on GuruFocus' analysis, IMD International Medical Devices SpA stock appears to be undervalued.
The current stock price of €1.28 is trading 5.2% below its estimated GF Value™ of €1.35.
GuruFocus considers IMD International Medical Devices SpA to be Fairly Valued.
Key valuation signals for MIL:IMD:
Quick Ratio: 2.23 (39% above median its 10-year median of 1.60)
GF Value™: €1.35 vs. price of €1.28 (5.2% below fair value)
Industry Position: 19.9% above the Medical Devices & Instruments median (#365 of 855)
No single metric tells the full story. See the MIL:IMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IMD International Medical Devices SpA Business Description
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