NFO Drives ABNGM:NFO MTF 4 Quick Ratio is 1.55 as of Mar. 2026, which is 23% below its 10-year median of 2.02. GuruFocus rates NGM:NFO MTF with a GF Score™ of 4/100. The stock has 2 warning signs investors should review. Among 2,492 Hardware companies, NFO Drives AB ranks better than 54.17% 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. NFO Drives AB's quick ratio for the quarter that ended in Mar. 2026 was 1.55.
NFO Drives AB has a quick ratio of 1.55. It generally indicates good short-term financial strength.
The historical rank and industry rank for NFO Drives AB's Quick Ratio or its related term are showing as below:
NGM:NFO MTF'
s Quick Ratio Range Over the Past 10 Years
Min: 1.07 Med: 2.02 Max: 4.55
Current: 1.55
During the past 13 years, NFO Drives AB's highest Quick Ratio was 4.55. The lowest was 1.07. And the median was 2.02.
NGM:NFO MTF's Quick Ratio is ranked better than 54.17% of 2492
companies
in the Hardware industry
Industry Median: 1.46
vs NGM:NFO MTF: 1.55
NFO Drives AB (NGM:NFO MTF) 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.
NFO Drives AB Quick Ratio Related Terms
NFO Drives AB Quick Ratio Historical Data
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The historical data trend for NFO Drives 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.
NGM:NFO MTF vs COHR, KEYS, GRMN: Quick Ratio Comparison
For the Scientific & Technical Instruments subindustry, NFO Drives 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.
NFO Drives AB Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, NFO Drives AB's Quick Ratio distribution charts can be found below:
* The bar in red indicates where NFO Drives 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.
NFO Drives AB's Quick Ratio for the fiscal year that ended in Dec. 2025 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.
NFO Drives AB (NGM:NFO MTF) has a Quick Ratio of 1.55 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on NFO Drives AB and its competitors. This is 23% below median its historical median of 2.02. Over the past decade, NFO Drives AB's Quick Ratio has ranged from 1.07 to 4.55. According to the industry distribution chart, NFO Drives AB ranks #1142 out of 2492 companies in the Hardware industry, placing it in the top 45.8%.
Is NFO Drives AB's Quick Ratio too high?
NFO Drives AB's current Quick Ratio of 1.55 is 23% below median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 4.55. The Hardware industry median Quick Ratio is 1.46. NFO Drives AB's value of 1.55 is 6.2% above this industry median. Based on the distribution chart, NFO Drives AB ranks #1142 out of 2492 companies in the Hardware industry, which is above the industry midpoint. Overall, NFO Drives AB has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does NFO Drives AB's Quick Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, NFO Drives AB ranks #1142 out of 2492 companies for Quick Ratio. This puts NFO Drives AB in the upper half of its industry. The industry median Quick Ratio is 1.46. NFO Drives AB's value of 1.55 is 6.2% above this benchmark. Historically, NFO Drives AB's own Quick Ratio has ranged from 1.07 to 4.55 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 1.46, NFO Drives 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. NFO Drives AB's current Quick Ratio of 1.55 is 6.2% 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 NFO Drives 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. NFO Drives AB's current Quick Ratio is 1.55, which is 23% below median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NFO Drives AB stock overvalued right now?
NFO Drives AB (NGM:NFO MTF) has a current Quick Ratio of 1.55. The current Quick Ratio is 1.55, which is 23% below median its 10-year median of 2.02 and 6.2% above the Hardware industry median of 1.46. NFO Drives AB's overall GF Score™ is 4/100 with 2 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 NFO Drives AB (NGM:NFO MTF), the current Quick Ratio is 1.55 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.
NFO Drives AB is a technology company. The group is engaged in the development, manufacture, and marketing of NFO Sinus frequency inverters that are used to regulate the RPM of electric motors. Its product is used to control the speed of electric motors in machines, fans, and pumps. The company products are used in residential properties, industry, agricultural environment and hospital.
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