TCECUR Sweden AB (NGM:TCC A) Quick Ratio: 0.73 (As of Mar. 2026) — 10% Below Median


NGM:TCC A TCECUR Sweden AB NGM:TCC A
70 GF Score
Price kr17.25
GF Value kr23.71
Valuation Modestly Undervalued
! 4 Warning Signs
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What is TCECUR Sweden AB Quick Ratio?

TCECUR Sweden AB NGM:TCC A -3.09% 70 Quick Ratio is 0.73 as of Mar. 2026, which is 10% below its 10-year median of 0.81. GuruFocus rates NGM:TCC A with a GF Score™ of 70/100 and a GF Value™ of kr23.71 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,495 Hardware companies, TCECUR Sweden AB ranks worse than 85.85% 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. TCECUR Sweden AB's quick ratio for the quarter that ended in Mar. 2026 was 0.73.

TCECUR Sweden AB has a quick ratio of 0.73. It indicates that the company cannot currently fully pay back its current liabilities.

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

NGM:TCC A' s Quick Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.81   Max: 1.03
Current: 0.73

During the past 11 years, TCECUR Sweden AB's highest Quick Ratio was 1.03. The lowest was 0.47. And the median was 0.81.

NGM:TCC A's Quick Ratio is ranked worse than
85.85% of 2495 companies
in the Hardware industry
Industry Median: 1.46 vs NGM:TCC A: 0.73

TCECUR Sweden AB  (NGM:TCC A) 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.


TCECUR Sweden AB Quick Ratio Related Terms


TCECUR Sweden AB Quick Ratio Historical Data

* Premium members only.

The historical data trend for TCECUR Sweden 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.

TCECUR Sweden AB Quick Ratio Chart

TCECUR Sweden 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 1.00 0.94 0.93 0.74 0.72

TCECUR Sweden 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 0.69 0.73 0.70 0.72 0.73

NGM:TCC A vs CSCO, CIEN, MSI: Quick Ratio Comparison

For the Communication Equipment subindustry, TCECUR Sweden 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.


TCECUR Sweden AB Quick Ratio vs Hardware Industry

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

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


NGM:TCC A
70GF Score
TCECUR Sweden AB NGM:TCC A
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TCECUR Sweden 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.

TCECUR Sweden 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
=(152.474-25.231)/175.833
=0.72

TCECUR Sweden 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
=(156.78-25.455)/179.338
=0.73

* 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 0.73 mean?
TCECUR Sweden AB (NGM:TCC A) has a Quick Ratio of 0.73 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TCECUR Sweden AB and its competitors. This is 10% below median its historical median of 0.81. Over the past decade, TCECUR Sweden AB's Quick Ratio has ranged from 0.47 to 1.03. According to the industry distribution chart, TCECUR Sweden AB ranks #2142 out of 2495 companies in the Hardware industry, placing it in the top 85.9%.
Is TCECUR Sweden AB's Quick Ratio too high?
TCECUR Sweden AB's current Quick Ratio of 0.73 is 10% below median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.03. The Hardware industry median Quick Ratio is 1.46. TCECUR Sweden AB's value of 0.73 is 50% below this industry median. Based on the distribution chart, TCECUR Sweden AB ranks #2142 out of 2495 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, TCECUR Sweden AB has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TCECUR Sweden AB's Quick Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, TCECUR Sweden AB ranks #2142 out of 2495 companies for Quick Ratio. This places TCECUR Sweden AB in the lower half of its industry. The industry median Quick Ratio is 1.46. TCECUR Sweden AB's value of 0.73 is 50% below this benchmark. Historically, TCECUR Sweden AB's own Quick Ratio has ranged from 0.47 to 1.03 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.46, TCECUR Sweden AB has consistently been below 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 2,495 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. TCECUR Sweden AB's current Quick Ratio of 0.73 is 50% below 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 TCECUR Sweden 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. TCECUR Sweden AB's current Quick Ratio is 0.73, which is 10% below 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 TCECUR Sweden AB stock overvalued right now?
Based on GuruFocus' analysis, TCECUR Sweden AB (NGM:TCC A) is currently considered Modestly Undervalued. The stock's GF Value™ is kr23.71, compared to a current price of kr17.25 — trading 27.2% below its estimated fair value. The current Quick Ratio is 0.73, which is 10% below median its 10-year median of 0.81 and 50% below the Hardware industry median of 1.46. TCECUR Sweden AB's overall GF Score™ is 70/100 with 4 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 TCECUR Sweden AB (NGM:TCC A), the current Quick Ratio is 0.73 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 TCECUR Sweden AB (NGM:TCC A) Overvalued in 2026?

Based on GuruFocus' analysis, TCECUR Sweden AB stock appears to be undervalued. The current stock price of kr17.25 is trading 27.2% below its estimated GF Value™ of kr23.71. GuruFocus considers TCECUR Sweden AB to be Modestly Undervalued.

Key valuation signals for NGM:TCC A:

  • Quick Ratio: 0.73 (10% below median its 10-year median of 0.81)
  • GF Value™: kr23.71 vs. price of kr17.25 (27.2% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 50% below the Hardware median (#2142 of 2495)

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


TCECUR Sweden AB Business Description

Address Kungsgatan 9, Stockholm, SWE, 111 43
TCECUR Sweden AB is a TCECUR is a technology-oriented security group that delivers comprehensive solutions with a focus on creating a safe and secure society. The group consists of independent and TCECUR is a technology-oriented security group that independent companies in physical security and secure communications, where local leadership plays a crucial role. Secure Communications, National Security Systems, and Global Security Systems. The National Security Systems includes the majority of its revenue.
70GF Score

Get the complete analysis for NGM:TCC A

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

kr17.25
Price
kr23.71
GF Value