Time People Group AB (NGM:TPGR) Quick Ratio: 0.77 (As of Apr. 2026) — 36% Below Median

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NGM:TPGR Time People Group AB NGM:TPGR
48 GF Score
Price kr0.60
GF Value kr4.08
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Time People Group AB Quick Ratio?

Time People Group AB NGM:TPGR 48 Quick Ratio is 0.77 as of Apr. 2026, which is 36% below its 10-year median of 1.21. GuruFocus rates NGM:TPGR with a GF Score™ of 48/100 and a GF Value™ of kr4.08 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,875 Software companies, Time People Group AB ranks worse than 84.77% 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. Time People Group AB's quick ratio for the quarter that ended in Apr. 2026 was 0.77.

Time People Group AB has a quick ratio of 0.77. It indicates that the company cannot currently fully pay back its current liabilities.

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

NGM:TPGR' s Quick Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.21   Max: 2.87
Current: 0.77

During the past 10 years, Time People Group AB's highest Quick Ratio was 2.87. The lowest was 0.77. And the median was 1.21.

NGM:TPGR's Quick Ratio is ranked worse than
84.77% of 2875 companies
in the Software industry
Industry Median: 1.7 vs NGM:TPGR: 0.77

Time People Group AB  (NGM:TPGR) 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.


Time People Group AB Quick Ratio Related Terms


Time People Group AB Quick Ratio Historical Data

* Premium members only.

The historical data trend for Time People 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.

Time People Group AB Quick Ratio Chart

Time People Group AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 1.16 0.90 0.90 0.77

Time People Group AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.90 0.77 0.78 0.66 0.77

NGM:TPGR vs IBM, ACN, FISV: Quick Ratio Comparison

For the Information Technology Services subindustry, Time People 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.


Time People Group AB Quick Ratio vs Software Industry

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

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


NGM:TPGR
48GF Score
Time People Group AB NGM:TPGR
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Time People 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.

Time People Group AB's Quick Ratio for the fiscal year that ended in Apr. 2026 is calculated as

Quick Ratio (A: Apr. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(28.356-0)/36.858
=0.77

Time People Group AB's Quick Ratio for the quarter that ended in Apr. 2026 is calculated as

Quick Ratio (Q: Apr. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(28.356-0)/36.858
=0.77

* 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 0.77 mean?
Time People Group AB (NGM:TPGR) has a Quick Ratio of 0.77 as of Apr. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Time People Group AB and its competitors. This is 36% below median its historical median of 1.21. Over the past decade, Time People Group AB's Quick Ratio has ranged from 0.77 to 2.87. According to the industry distribution chart, Time People Group AB ranks #2437 out of 2875 companies in the Software industry, placing it in the top 84.8%.
Is Time People Group AB's Quick Ratio too high?
Time People Group AB's current Quick Ratio of 0.77 is 36% below median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 2.87. The Software industry median Quick Ratio is 1.70. Time People Group AB's value of 0.77 is 54.7% below this industry median. Based on the distribution chart, Time People Group AB ranks #2437 out of 2875 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Time People Group AB has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Time People Group AB's Quick Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Time People Group AB ranks #2437 out of 2875 companies for Quick Ratio. This places Time People Group AB in the lower half of its industry. The industry median Quick Ratio is 1.70. Time People Group AB's value of 0.77 is 54.7% below this benchmark. Historically, Time People Group AB's own Quick Ratio has ranged from 0.77 to 2.87 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 1.70, Time People Group 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 Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,875 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. Time People Group AB's current Quick Ratio of 0.77 is 54.7% 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 Time People Group AB and its competitors. For the Software industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Time People Group AB's current Quick Ratio is 0.77, which is 36% below median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Time People Group AB stock overvalued right now?
Based on GuruFocus' analysis, Time People Group AB (NGM:TPGR) is currently considered Significantly Undervalued. The stock's GF Value™ is kr4.08, compared to a current price of kr0.60 — trading 85.3% below its estimated fair value. The current Quick Ratio is 0.77, which is 36% below median its 10-year median of 1.21 and 54.7% below the Software industry median of 1.70. Time People Group AB's overall GF Score™ is 48/100 with 3 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 Time People Group AB (NGM:TPGR), the current Quick Ratio is 0.77 as of Apr. 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 Time People Group AB (NGM:TPGR) Overvalued in 2026?

Based on GuruFocus' analysis, Time People Group AB stock appears to be undervalued. The current stock price of kr0.60 is trading 85.3% below its estimated GF Value™ of kr4.08. GuruFocus considers Time People Group AB to be Significantly Undervalued.

Key valuation signals for NGM:TPGR:

  • Quick Ratio: 0.77 (36% below median its 10-year median of 1.21)
  • GF Value™: kr4.08 vs. price of kr0.60 (85.3% below fair value)
  • GF Score™: 48/100 with 3 warning signs
  • Industry Position: 54.7% below the Software median (#2437 of 2875)

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


Time People Group AB Business Description

Address Kungsgatan 62, Stockholm, SWE, 111 22
Time People Group AB conducts consulting activities in Stockholm. It offers services that cover the entire chain from plan, change and project management, programs, and system and method development, to test engagement and management. The group operates under its own brands with a clear focus and expertise in IT and Management.
48GF Score

Get the complete analysis for NGM:TPGR

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

kr0.60
Price
kr4.08
GF Value