Byhmgard AB (NGM:BESS) Quick Ratio: 2.18 (As of Mar. 2026) — 169% Above Median


NGM:BESS Byhmgard AB NGM:BESS
27 GF Score
Price kr0.29
! 5 Warning Signs
View Full Analysis

What is Byhmgard AB Quick Ratio?

Byhmgard AB NGM:BESS -2.72% 27 Quick Ratio is 2.18 as of Mar. 2026, which is 169% above its 10-year median of 0.81. GuruFocus rates NGM:BESS with a GF Score™ of 27/100. The stock has 5 warning signs investors should review. Among 1,016 Oil & Gas companies, Byhmgard AB ranks better than 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. Byhmgard AB's quick ratio for the quarter that ended in Mar. 2026 was 2.18.

Byhmgard AB has a quick ratio of 2.18. It generally indicates good short-term financial strength.

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

NGM:BESS' s Quick Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.81   Max: 12.48
Current: 2.18

During the past 11 years, Byhmgard AB's highest Quick Ratio was 12.48. The lowest was 0.04. And the median was 0.81.

NGM:BESS's Quick Ratio is ranked better than
75% of 1016 companies
in the Oil & Gas industry
Industry Median: 1.12 vs NGM:BESS: 2.18

Byhmgard AB  (NGM:BESS) 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.


Byhmgard AB Quick Ratio Related Terms


Byhmgard AB Quick Ratio Historical Data

* Premium members only.

The historical data trend for Byhmgard 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.

Byhmgard AB Quick Ratio Chart

Byhmgard 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 0.62 0.22 0.12 0.34 2.30

Byhmgard 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 0.83 0.04 0.06 2.30 2.18

NGM:BESS vs WMB, EPD, KMI: Quick Ratio Comparison

For the Oil & Gas Midstream subindustry, Byhmgard 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.


Byhmgard AB Quick Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Byhmgard AB's Quick Ratio distribution charts can be found below:

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


NGM:BESS
27GF Score
Byhmgard AB NGM:BESS
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Byhmgard 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.

Byhmgard 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
=(35.587-0.511)/15.262
=2.30

Byhmgard 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
=(27.238-0.511)/12.279
=2.18

* 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 2.18 mean?
Byhmgard AB (NGM:BESS) has a Quick Ratio of 2.18 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Byhmgard AB and its competitors. This is 169% above median its historical median of 0.81. Over the past decade, Byhmgard AB's Quick Ratio has ranged from 0.04 to 12.48. According to the industry distribution chart, Byhmgard AB ranks #254 out of 1016 companies in the Oil & Gas industry, placing it in the top 25%.
Is Byhmgard AB's Quick Ratio too high?
Byhmgard AB's current Quick Ratio of 2.18 is 169% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 12.48. The Oil & Gas industry median Quick Ratio is 1.12. Byhmgard AB's value of 2.18 is 94.6% above this industry median. Based on the distribution chart, Byhmgard AB ranks #254 out of 1016 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Byhmgard AB has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Byhmgard AB's Quick Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Byhmgard AB ranks #254 out of 1016 companies for Quick Ratio. This places Byhmgard AB in the top 25% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.12. Byhmgard AB's value of 2.18 is 94.6% above this benchmark. Historically, Byhmgard AB's own Quick Ratio has ranged from 0.04 to 12.48 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.12, Byhmgard 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 an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,016 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. Byhmgard AB's current Quick Ratio of 2.18 is 94.6% 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 Byhmgard AB and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Byhmgard AB's current Quick Ratio is 2.18, which is 169% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Byhmgard AB stock overvalued right now?
Byhmgard AB (NGM:BESS) has a current Quick Ratio of 2.18. The current Quick Ratio is 2.18, which is 169% above median its 10-year median of 0.81 and 94.6% above the Oil & Gas industry median of 1.12. Byhmgard AB's overall GF Score™ is 27/100 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 Byhmgard AB (NGM:BESS), the current Quick Ratio is 2.18 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.

Byhmgard AB Business Description

Industry EnergyOil & Gas
Address Industrivagen 4, Halmstad, SWE, 302 41
Byhmgard AB develops, builds and invests in large-scale energy storage (BESS) projects in Europe. The business includes project development, EPC, software optimization and long-term operation. It aims to deliver critical energy solutions that enable Europe's green transition and strengthen the future energy infrastructure. The business model combines one-off revenues from EPC with recurring cash flows from energy management, operations, and support. Its operations span high-growth European markets including Sweden, Finland, Italy, Poland, and the Baltic states.
27GF Score

Get the complete analysis for NGM:BESS

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

kr0.29
Price