TCIIF (Tracsis) Quick Ratio: 1.86 (As of Jan. 2026) — 10% Above Median


TCIIF Tracsis PLC TCIIF
73 GF Score
Price $5.60
GF Value $11.49
! 4 Warning Signs
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What is Tracsis Quick Ratio?

Tracsis TCIIF 73 Quick Ratio is 1.86 as of Jan. 2026, which is 10% above its 10-year median of 1.69. GuruFocus rates TCIIF with a GF Score™ of 73/100 and a GF Value™ of $11.49. The stock has 4 warning signs investors should review. Among 2,863 Software companies, Tracsis ranks better than 54.45% 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. Tracsis's quick ratio for the quarter that ended in Jan. 2026 was 1.86.

Tracsis has a quick ratio of 1.86. It generally indicates good short-term financial strength.

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

TCIIF' s Quick Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.69   Max: 2.25
Current: 1.86

During the past 13 years, Tracsis's highest Quick Ratio was 2.25. The lowest was 1.04. And the median was 1.69.

TCIIF's Quick Ratio is ranked better than
54.45% of 2863 companies
in the Software industry
Industry Median: 1.7 vs TCIIF: 1.86

Tracsis  (OTCPK:TCIIF) 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.


Tracsis Quick Ratio Related Terms


Tracsis Quick Ratio Historical Data

* Premium members only.

The historical data trend for Tracsis'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.

Tracsis Quick Ratio Chart

Tracsis Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.04 1.46 1.58 1.69

Tracsis Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 1.71 1.58 1.88 1.69 1.86

TCIIF vs CRM, SHOP, UBER: Quick Ratio Comparison

For the Software - Application subindustry, Tracsis'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.


Tracsis Quick Ratio vs Software Industry

For the Software industry and Technology sector, Tracsis's Quick Ratio distribution charts can be found below:

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


TCIIF
73GF Score
Tracsis PLC TCIIF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tracsis 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.

Tracsis's Quick Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Quick Ratio (A: Jul. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(58.398-1.56)/33.534
=1.69

Tracsis's Quick Ratio for the quarter that ended in Jan. 2026 is calculated as

Quick Ratio (Q: Jan. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(56.33-1.089)/29.654
=1.86

* 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 1.86 mean?
Tracsis (TCIIF) has a Quick Ratio of 1.86 as of Jan. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tracsis and its competitors. This is 10% above median its historical median of 1.69. Over the past decade, Tracsis' Quick Ratio has ranged from 1.04 to 2.25. According to the industry distribution chart, Tracsis ranks #1304 out of 2863 companies in the Software industry, placing it in the top 45.5%.
Is Tracsis' Quick Ratio too high?
Tracsis' current Quick Ratio of 1.86 is 10% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 2.25. The Software industry median Quick Ratio is 1.70. Tracsis' value of 1.86 is 9.4% above this industry median. Based on the distribution chart, Tracsis ranks #1304 out of 2863 companies in the Software industry, which is above the industry midpoint. Overall, Tracsis has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Tracsis' Quick Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Tracsis ranks #1304 out of 2863 companies for Quick Ratio. This puts Tracsis in the upper half of its industry. The industry median Quick Ratio is 1.70. Tracsis' value of 1.86 is 9.4% above this benchmark. Historically, Tracsis' own Quick Ratio has ranged from 1.04 to 2.25 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 1.70, Tracsis 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 Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,863 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. Tracsis's current Quick Ratio of 1.86 is 9.4% 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 Tracsis 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. Tracsis's current Quick Ratio is 1.86, which is 10% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tracsis stock overvalued right now?
Tracsis (TCIIF) has a current Quick Ratio of 1.86. The stock's GF Value™ is $11.49, compared to a current price of $5.60 — trading 51.3% below its estimated fair value. The current Quick Ratio is 1.86, which is 10% above median its 10-year median of 1.69 and 9.4% above the Software industry median of 1.70. Tracsis' overall GF Score™ is 73/100 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 Tracsis (TCIIF), the current Quick Ratio is 1.86 as of Jan. 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 Tracsis (TCIIF) Overvalued in 2026?

Based on GuruFocus' analysis, Tracsis stock appears to be undervalued. The current stock price of $5.60 is trading 51.3% below its estimated GF Value™ of $11.49.

Key valuation signals for TCIIF:

  • Quick Ratio: 1.86 (10% above median its 10-year median of 1.69)
  • GF Value™: $11.49 vs. price of $5.60 (51.3% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 9.4% above the Software median (#1304 of 2863)

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


Tracsis Business Description

Other Exchanges TRCS:UK4T2:Germany
Address Discovery Way, Nexus, Leeds, GBR, LS2 3AA
Tracsis PLC is engaged in the business of software development and consultancy for the rail industry. It is organized into two main business segments: Rail Technology and Services and Data, Analytics, Consultancy & Events. The Rail Technology and Services division includes software, consultancy, and remote condition monitoring technology, and also includes Ontrac. The Data, Analytics, Consultancy & Events division which derives majority revenue, focuses on data capture and analytics, geographic information systems, earth observation, consultancy and event traffic management within a range of transport and pedestrian rich environments. The company currently operates in three geographical markets: the United Kingdom, Ireland, Rest of Europe, North America, and Rest of the world.
73GF Score

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

$5.60
Price
$11.49
GF Value