SANUWAVE HealthSNWV -1.22%38 Quick Ratio is 0.99 as of Mar. 2026, which is 1000% above its 10-year median of 0.09. GuruFocus rates SNWV with a GF Score™ of 38/100 and a GF Value™ of $11.96 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 854 Medical Devices & Instruments companies, SANUWAVE Health ranks worse than 78.1% 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. SANUWAVE Health's quick ratio for the quarter that ended in Mar. 2026 was 0.99.
SANUWAVE Health has a quick ratio of 0.99. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for SANUWAVE Health's Quick Ratio or its related term are showing as below:
SNWV'
s Quick Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.09 Max: 1.05
Current: 0.99
During the past 13 years, SANUWAVE Health's highest Quick Ratio was 1.05. The lowest was 0.03. And the median was 0.09.
SNWV's Quick Ratio is ranked worse than 78.1% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 1.885
vs SNWV: 0.99
SANUWAVE Health (NAS:SNWV) 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.
SANUWAVE Health Quick Ratio Related Terms
SANUWAVE Health Quick Ratio Historical Data
* Premium members only.
The historical data trend for SANUWAVE Health'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.
For the Medical Devices subindustry, SANUWAVE Health'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.
SANUWAVE Health Quick Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, SANUWAVE Health's Quick Ratio distribution charts can be found below:
* The bar in red indicates where SANUWAVE Health'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.
SANUWAVE Health'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.
SANUWAVE Health (SNWV) has a Quick Ratio of 0.99 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on SANUWAVE Health and its competitors. This is 1000% above median its historical median of 0.09. Over the past decade, SANUWAVE Health's Quick Ratio has ranged from 0.03 to 1.05. According to the industry distribution chart, SANUWAVE Health ranks #667 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 78.1%.
Is SANUWAVE Health's Quick Ratio too high?
SANUWAVE Health's current Quick Ratio of 0.99 is 1000% above median its 10-year median of 0.09. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 1.05. The Medical Devices & Instruments industry median Quick Ratio is 1.89. SANUWAVE Health's value of 0.99 is 47.5% below this industry median. Based on the distribution chart, SANUWAVE Health ranks #667 out of 854 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, SANUWAVE Health has a GF Score™ of 38/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SANUWAVE Health's Quick Ratio compare to RTGN and NNOX?
According to the Medical Devices & Instruments industry distribution chart, SANUWAVE Health ranks #667 out of 854 companies for Quick Ratio. This places SANUWAVE Health in the lower half of its industry. The industry median Quick Ratio is 1.89. SANUWAVE Health's value of 0.99 is 47.5% below this benchmark. Historically, SANUWAVE Health's own Quick Ratio has ranged from 0.03 to 1.05 over the past decade. While the company's 10-year median is 0.09 vs. the industry median of 1.89, SANUWAVE Health 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 Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.89, based on 854 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. SANUWAVE Health's current Quick Ratio of 0.99 is 47.5% 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 SANUWAVE Health and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SANUWAVE Health's current Quick Ratio is 0.99, which is 1000% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SANUWAVE Health stock overvalued right now?
Based on GuruFocus' analysis, SANUWAVE Health (SNWV) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.96, compared to a current price of $10.50 — trading 12.2% below its estimated fair value. The current Quick Ratio is 0.99, which is 1000% above median its 10-year median of 0.09 and 47.5% below the Medical Devices & Instruments industry median of 1.89. SANUWAVE Health's overall GF Score™ is 38/100 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 SANUWAVE Health (SNWV), the current Quick Ratio is 0.99 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 SANUWAVE Health (SNWV) Overvalued in 2026?
Based on GuruFocus' analysis, SANUWAVE Health stock appears to be undervalued.
The current stock price of $10.50 is trading 12.2% below its estimated GF Value™ of $11.96.
GuruFocus considers SANUWAVE Health to be Modestly Undervalued.
Key valuation signals for SNWV:
Quick Ratio: 0.99 (1000% above median its 10-year median of 0.09)
GF Value™: $11.96 vs. price of $10.50 (12.2% below fair value)
Industry Position: 47.5% below the Medical Devices & Instruments median (#667 of 854)
No single metric tells the full story. See the SNWV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SANUWAVE Health Inc is a medical device company providing directed energy products into the wound care space. It is focused on the commercialization of its patented regenerative medicine utilizing noninvasive ultrasound or shockwaves to produce a biological response promoting the repair and regeneration of tissue, musculoskeletal, and vascular structures. Sanuwave's patented, FDA-cleared, and commercialised product is the UltraMIST system, which is used to treat a variety of acute and chronic wounds using ultrasound technology. The company operates in one reportable segment, the design and sale of medical devices. Geographically, the company generates revenue mainly from the United States.
38GF Score
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