NCABF (NCAB Group AB) Quick Ratio: 1.52 (As of Mar. 2026) — 12% Above Median


What is NCAB Group AB Quick Ratio?

NCAB Group AB NCABF 93 Quick Ratio is 1.52 as of Mar. 2026, which is 12% above its 10-year median of 1.36. GuruFocus rates NCABF with a GF Score™ of 93/100. The stock has 8 warning signs investors should review. Among 2,492 Hardware companies, NCAB Group AB ranks better than 52.81% 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. NCAB Group AB's quick ratio for the quarter that ended in Mar. 2026 was 1.52.

NCAB Group AB has a quick ratio of 1.52. It generally indicates good short-term financial strength.

The historical rank and industry rank for NCAB Group AB's Quick Ratio or its related term are showing as below:

NCABF' s Quick Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.36   Max: 1.86
Current: 1.52

During the past 11 years, NCAB Group AB's highest Quick Ratio was 1.86. The lowest was 0.70. And the median was 1.36.

NCABF's Quick Ratio is ranked better than
52.81% of 2492 companies
in the Hardware industry
Industry Median: 1.46 vs NCABF: 1.52

NCAB Group AB  (OTCPK:NCABF) 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.


NCAB Group AB Quick Ratio Related Terms


NCAB Group AB Quick Ratio Historical Data

* Premium members only.

The historical data trend for NCAB Group 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.

NCAB Group AB Quick Ratio Chart

NCAB Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 1.33 1.42 1.38 1.40

NCAB Group AB 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 1.52 1.36 1.41 1.40 1.52

NCABF vs APH, GLW, TEL: Quick Ratio Comparison

For the Electronic Components subindustry, NCAB Group 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.


NCAB Group AB Quick Ratio vs Hardware Industry

For the Hardware industry and Technology sector, NCAB Group AB's Quick Ratio distribution charts can be found below:

* The bar in red indicates where NCAB Group AB's Quick Ratio falls into.



NCAB Group AB 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.

NCAB Group AB'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
=(166.714-35.497)/93.886
=1.40

NCAB Group AB'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
=(188.565-31.758)/103.271
=1.52

* 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 1.52 mean?
NCAB Group AB (NCABF) has a Quick Ratio of 1.52 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on NCAB Group AB and its competitors. This is 12% above median its historical median of 1.36. Over the past decade, NCAB Group AB's Quick Ratio has ranged from 0.70 to 1.86. According to the industry distribution chart, NCAB Group AB ranks #1176 out of 2492 companies in the Hardware industry, placing it in the top 47.2%.
Is NCAB Group AB's Quick Ratio too high?
NCAB Group AB's current Quick Ratio of 1.52 is 12% above median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.86. The Hardware industry median Quick Ratio is 1.46. NCAB Group AB's value of 1.52 is 4.1% above this industry median. Based on the distribution chart, NCAB Group AB ranks #1176 out of 2492 companies in the Hardware industry, which is above the industry midpoint. Overall, NCAB Group AB has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does NCAB Group AB's Quick Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, NCAB Group AB ranks #1176 out of 2492 companies for Quick Ratio. This puts NCAB Group AB in the upper half of its industry. The industry median Quick Ratio is 1.46. NCAB Group AB's value of 1.52 is 4.1% above this benchmark. Historically, NCAB Group AB's own Quick Ratio has ranged from 0.70 to 1.86 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.46, NCAB Group AB 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. NCAB Group AB's current Quick Ratio of 1.52 is 4.1% 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 NCAB Group AB 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. NCAB Group AB's current Quick Ratio is 1.52, which is 12% above median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCAB Group AB stock overvalued right now?
NCAB Group AB (NCABF) has a current Quick Ratio of 1.52. The current Quick Ratio is 1.52, which is 12% above median its 10-year median of 1.36 and 4.1% above the Hardware industry median of 1.46. NCAB Group AB's overall GF Score™ is 93/100 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 NCAB Group AB (NCABF), the current Quick Ratio is 1.52 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.

NCAB Group AB Business Description

Address Lofstroms alle 5, Sundbyberg, SWE, 172 66
NCAB Group AB offers a broad range of printed circuit board (PCB) which, after receiving a customer order, are sourced from external manufacturers, predominantly located in China. It provides comprehensive services comprising design support, through prototyping, production and quality control. The operating activities are controlled in four segments; Nordic, Europe, East and North America. It generates key revenue from the Europe segment which includes the provision of a broad range of PCBs from the companies in the UK, Poland, France, Italy, Germany and Spain.