Mitac Digital TechnologyTPE:7821 -0.35%20 Quick Ratio is 1.00 as of Dec. 2025, which is 5% below its 10-year median of 1.05. GuruFocus rates TPE:7821 with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 2,491 Hardware companies, Mitac Digital Technology ranks worse than 72.22% on this metric.
Mitac Digital Technology has a quick ratio of 1.00. It generally indicates good short-term financial strength.
The historical rank and industry rank for Mitac Digital Technology's Quick Ratio or its related term are showing as below:
TPE:7821'
s Quick Ratio Range Over the Past 10 Years
Min: 0.98 Med: 1.05 Max: 1.25
Current: 1
During the past 4 years, Mitac Digital Technology's highest Quick Ratio was 1.25. The lowest was 0.98. And the median was 1.05.
TPE:7821's Quick Ratio is ranked worse than 72.22% of 2491
companies
in the Hardware industry
Industry Median: 1.46
vs TPE:7821: 1.00
Mitac Digital Technology (TPE:7821) 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.
Mitac Digital Technology Quick Ratio Related Terms
Mitac Digital Technology Quick Ratio Historical Data
* 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.
TPE:7821 vs CSCO, CIEN, MSI: Quick Ratio Comparison
For the Communication Equipment subindustry, Mitac Digital Technology'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.
Mitac Digital Technology Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Mitac Digital Technology's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Mitac Digital Technology'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.
Mitac Digital Technology'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.
Mitac Digital Technology (TPE:7821) has a Quick Ratio of 1.00 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mitac Digital Technology and its competitors. This is near median its historical median of 1.05. Over the past decade, Mitac Digital Technology's Quick Ratio has ranged from 0.98 to 1.25. According to the industry distribution chart, Mitac Digital Technology ranks #1799 out of 2491 companies in the Hardware industry, placing it in the top 72.2%.
Is Mitac Digital Technology's Quick Ratio too high?
Mitac Digital Technology's current Quick Ratio of 1.00 is near median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 1.25. The Hardware industry median Quick Ratio is 1.46. Mitac Digital Technology's value of 1.00 is 31.5% below this industry median. Based on the distribution chart, Mitac Digital Technology ranks #1799 out of 2491 companies in the Hardware industry, which is below the industry midpoint. Overall, Mitac Digital Technology has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Mitac Digital Technology's Quick Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Mitac Digital Technology ranks #1799 out of 2491 companies for Quick Ratio. This places Mitac Digital Technology in the lower half of its industry. The industry median Quick Ratio is 1.46. Mitac Digital Technology's value of 1.00 is 31.5% below this benchmark. Historically, Mitac Digital Technology's own Quick Ratio has ranged from 0.98 to 1.25 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 1.46, Mitac Digital Technology 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 2,491 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. Mitac Digital Technology's current Quick Ratio of 1.00 is 31.5% 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 Mitac Digital Technology 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. Mitac Digital Technology's current Quick Ratio is 1.00, which is near median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitac Digital Technology stock overvalued right now?
Mitac Digital Technology (TPE:7821) has a current Quick Ratio of 1.00. The current Quick Ratio is 1.00, which is near median its 10-year median of 1.05 and 31.5% below the Hardware industry median of 1.46. Mitac Digital Technology's overall GF Score™ is 20/100 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 Mitac Digital Technology (TPE:7821), the current Quick Ratio is 1.00 as of Dec. 2025. 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.
Mitac Digital Technology Corp is a holding company that is engaged in the development, design, manufacturing, and sales of automotive electronics, smart IoT, and industrial computer products. Geographically, the company generates maximum revenue from USA, while it also has its presence in Taiwan, Europe and Others.
20GF Score
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