MediniceWAR:ICE -4.53%24 Quick Ratio is 12.27 as of Mar. 2026, which is 62% above its 10-year median of 7.58. GuruFocus rates WAR:ICE with a GF Score™ of 24/100 and a GF Value™ of zł0.99 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 854 Medical Devices & Instruments companies, Medinice ranks better than 96.84% 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. Medinice's quick ratio for the quarter that ended in Mar. 2026 was 12.27.
Medinice has a quick ratio of 12.27. It generally indicates good short-term financial strength.
The historical rank and industry rank for Medinice's Quick Ratio or its related term are showing as below:
WAR:ICE'
s Quick Ratio Range Over the Past 10 Years
Min: 0.59 Med: 7.58 Max: 36.43
Current: 12.27
During the past 10 years, Medinice's highest Quick Ratio was 36.43. The lowest was 0.59. And the median was 7.58.
WAR:ICE's Quick Ratio is ranked better than 96.84% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 1.865
vs WAR:ICE: 12.27
Medinice (WAR:ICE) 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.
Medinice Quick Ratio Related Terms
Medinice Quick Ratio Historical Data
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The historical data trend for Medinice'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, Medinice'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.
Medinice Quick Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Medinice's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Medinice'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.
Medinice'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.
Medinice (WAR:ICE) has a Quick Ratio of 12.27 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Medinice and its competitors. This is 62% above median its historical median of 7.58. Over the past decade, Medinice's Quick Ratio has ranged from 0.59 to 36.43. According to the industry distribution chart, Medinice ranks #27 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 3.2%.
Is Medinice's Quick Ratio too high?
Medinice's current Quick Ratio of 12.27 is 62% above median its 10-year median of 7.58. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 36.43. The Medical Devices & Instruments industry median Quick Ratio is 1.87. Medinice's value of 12.27 is 557.9% above this industry median. Based on the distribution chart, Medinice ranks #27 out of 854 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Medinice has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Medinice's Quick Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Medinice ranks #27 out of 854 companies for Quick Ratio. This places Medinice in the top 3% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.87. Medinice's value of 12.27 is 557.9% above this benchmark. Historically, Medinice's own Quick Ratio has ranged from 0.59 to 36.43 over the past decade. While the company's 10-year median is 7.58 vs. the industry median of 1.87, Medinice 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 Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.87, 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. Medinice's current Quick Ratio of 12.27 is 557.9% 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 Medinice and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medinice's current Quick Ratio is 12.27, which is 62% above median its own 10-year median of 7.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medinice stock overvalued right now?
Based on GuruFocus' analysis, Medinice (WAR:ICE) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.99, compared to a current price of zł73.70 — trading 7344.4% above its estimated fair value. The current Quick Ratio is 12.27, which is 62% above median its 10-year median of 7.58 and 557.9% above the Medical Devices & Instruments industry median of 1.87. Medinice's overall GF Score™ is 24/100 with 1 warning sign 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 Medinice (WAR:ICE), the current Quick Ratio is 12.27 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 Medinice (WAR:ICE) Overvalued in 2026?
Based on GuruFocus' analysis, Medinice stock appears to be overvalued.
The current stock price of zł73.70 is trading 7344.4% above its estimated GF Value™ of zł0.99.
GuruFocus considers Medinice to be Significantly Overvalued.
Key valuation signals for WAR:ICE:
Quick Ratio: 12.27 (62% above median its 10-year median of 7.58)
GF Value™: zł0.99 vs. price of zł73.70 (7344.4% above fair value)
Industry Position: 557.9% above the Medical Devices & Instruments median (#27 of 854)
No single metric tells the full story. See the WAR:ICE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Medinice SA is a Polish company operating in the MedTech industry. The company is engaged in creating, developing and commercializing solutions in the field of medicine, in particular, cardiology and cardio surgery. Its portfolio includes close around 12 projects including CathAIO, an electrode with universal diagnostic, electrophysiological, haemodinamic and biohemic functions and can be used for RF ablation; cryoapplicator, for minimally invasive cardiosurgical cryoablation; Med-iConsole allows to reduce the need to use multiple computer devices during electrophysiological treatment; Minimax and Pacepress.
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