MIR (Mirion Technologies) Quick Ratio: 2.63 (As of Mar. 2026) — 71% Above Median

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MIR Mirion Technologies Inc MIR
53 GF Score
Price $16.33
GF Value $13.78
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Mirion Technologies Quick Ratio?

Mirion Technologies MIR +0.25% 53 Quick Ratio is 2.63 as of Mar. 2026, which is 71% above its 10-year median of 1.54. GuruFocus rates MIR with a GF Score™ of 53/100 and a GF Value™ of $13.78 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,071 Industrial Products companies, Mirion Technologies ranks better than 79.75% 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. Mirion Technologies's quick ratio for the quarter that ended in Mar. 2026 was 2.63.

Mirion Technologies has a quick ratio of 2.63. It generally indicates good short-term financial strength.

The historical rank and industry rank for Mirion Technologies's Quick Ratio or its related term are showing as below:

MIR' s Quick Ratio Range Over the Past 10 Years
Min: 0.01   Med: 1.54   Max: 7.54
Current: 2.63

During the past 8 years, Mirion Technologies's highest Quick Ratio was 7.54. The lowest was 0.01. And the median was 1.54.

MIR's Quick Ratio is ranked better than
79.75% of 3071 companies
in the Industrial Products industry
Industry Median: 1.39 vs MIR: 2.63

Mirion Technologies  (NYSE:MIR) 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.


Mirion Technologies Quick Ratio Related Terms


Mirion Technologies Quick Ratio Historical Data

* Premium members only.

The historical data trend for Mirion Technologies'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.

Mirion Technologies Quick Ratio Chart

Mirion Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 1.49 1.38 1.48 1.75 2.34

Mirion Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.69 2.01 4.32 2.34 2.63

MIR vs CSW, FELE, MWA: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, Mirion Technologies'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.


Mirion Technologies Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mirion Technologies's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Mirion Technologies's Quick Ratio falls into.


MIR
53GF Score
Mirion Technologies Inc MIR
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mirion Technologies 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.

Mirion Technologies's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(893.7-152.6)/316.1
=2.34

Mirion Technologies's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(890.9-157.9)/279.2
=2.63

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 2.63 mean?
Mirion Technologies (MIR) has a Quick Ratio of 2.63 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mirion Technologies and its competitors. This is 71% above median its historical median of 1.54. Over the past decade, Mirion Technologies' Quick Ratio has ranged from 0.01 to 7.54. According to the industry distribution chart, Mirion Technologies ranks #622 out of 3071 companies in the Industrial Products industry, placing it in the top 20.3%.
Is Mirion Technologies' Quick Ratio too high?
Mirion Technologies' current Quick Ratio of 2.63 is 71% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 7.54. The Industrial Products industry median Quick Ratio is 1.39. Mirion Technologies' value of 2.63 is 89.2% above this industry median. Based on the distribution chart, Mirion Technologies ranks #622 out of 3071 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mirion Technologies has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mirion Technologies' Quick Ratio compare to CSW and FELE?
According to the Industrial Products industry distribution chart, Mirion Technologies ranks #622 out of 3071 companies for Quick Ratio. This places Mirion Technologies in the top 20% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.39. Mirion Technologies' value of 2.63 is 89.2% above this benchmark. Historically, Mirion Technologies' own Quick Ratio has ranged from 0.01 to 7.54 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.39, Mirion Technologies 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,071 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. Mirion Technologies's current Quick Ratio of 2.63 is 89.2% 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 Mirion Technologies 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. Mirion Technologies's current Quick Ratio is 2.63, which is 71% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirion Technologies stock overvalued right now?
Based on GuruFocus' analysis, Mirion Technologies (MIR) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.78, compared to a current price of $16.33 — trading 18.5% above its estimated fair value. The current Quick Ratio is 2.63, which is 71% above median its 10-year median of 1.54 and 89.2% above the Industrial Products industry median of 1.39. Mirion Technologies' overall GF Score™ is 53/100 with 5 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 Mirion Technologies (MIR), the current Quick Ratio is 2.63 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 Mirion Technologies (MIR) Overvalued in 2026?

Based on GuruFocus' analysis, Mirion Technologies stock appears to be overvalued. The current stock price of $16.33 is trading 18.5% above its estimated GF Value™ of $13.78. GuruFocus considers Mirion Technologies to be Modestly Overvalued.

Key valuation signals for MIR:

  • Quick Ratio: 2.63 (71% above median its 10-year median of 1.54)
  • GF Value™: $13.78 vs. price of $16.33 (18.5% above fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 89.2% above the Industrial Products median (#622 of 3071)

No single metric tells the full story. See the MIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mirion Technologies Business Description

Other Exchanges MIR:Mexico55I0:Germany
Address 1218 Menlo Drive, Atlanta, GA, USA, 30318
Mirion Technologies Inc provides products, services, and software that allow customers to safely leverage the power of ionizing radiation for applications that benefit the health, safety, vitality, and technological progress of the human experience. The Company manages its operations through two segments: Nuclear & Safety and Medical. The Medical segment improves the quality and safety of cancer care delivery and supports applications across medical diagnostics and practitioner safety. The Nuclear & Safety segment powers advancements in nuclear energy and critical radiation safety, measurement and analysis applications across laboratories, research and other industrial markets such as defense.
53GF Score

Get the complete analysis for MIR

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.33
Price
$13.78
GF Value