Ovid Works (WAR:OVI) Quick Ratio: 0.26 (As of Mar. 2026) — 71% Below Median


WAR:OVI Ovid Works SA WAR:OVI
47 GF Score
Price zł0.45
GF Value zł0.54
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Ovid Works Quick Ratio?

Ovid Works WAR:OVI 47 Quick Ratio is 0.26 as of Mar. 2026, which is 71% below its 10-year median of 0.90. GuruFocus rates WAR:OVI with a GF Score™ of 47/100 and a GF Value™ of zł0.54 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 566 Interactive Media companies, Ovid Works ranks worse than 92.76% 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. Ovid Works's quick ratio for the quarter that ended in Mar. 2026 was 0.26.

Ovid Works has a quick ratio of 0.26. It indicates that the company cannot currently fully pay back its current liabilities.

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

WAR:OVI' s Quick Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.9   Max: 5.19
Current: 0.26

During the past 8 years, Ovid Works's highest Quick Ratio was 5.19. The lowest was 0.20. And the median was 0.90.

WAR:OVI's Quick Ratio is ranked worse than
92.76% of 566 companies
in the Interactive Media industry
Industry Median: 2.02 vs WAR:OVI: 0.26

Ovid Works  (WAR:OVI) 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.


Ovid Works Quick Ratio Related Terms


Ovid Works Quick Ratio Historical Data

* Premium members only.

The historical data trend for Ovid Works'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.

Ovid Works Quick Ratio Chart

Ovid Works Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 1.63 1.36 0.63 0.89 1.72

Ovid Works Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.74 1.71 1.72 0.26

WAR:OVI vs NTES, EA, TTWO: Quick Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Ovid Works'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.


Ovid Works Quick Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Ovid Works's Quick Ratio distribution charts can be found below:

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


WAR:OVI
47GF Score
Ovid Works SA WAR:OVI
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ovid Works 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.

Ovid Works's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3.192-0.276)/1.693
=1.72

Ovid Works's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.872-0.375)/1.888
=0.26

* 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 0.26 mean?
Ovid Works (WAR:OVI) has a Quick Ratio of 0.26 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ovid Works and its competitors. This is 71% below median its historical median of 0.90. Over the past decade, Ovid Works' Quick Ratio has ranged from 0.20 to 5.19. According to the industry distribution chart, Ovid Works ranks #525 out of 566 companies in the Interactive Media industry, placing it in the top 92.8%.
Is Ovid Works' Quick Ratio too high?
Ovid Works' current Quick Ratio of 0.26 is 71% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 5.19. The Interactive Media industry median Quick Ratio is 2.02. Ovid Works' value of 0.26 is 87.1% below this industry median. Based on the distribution chart, Ovid Works ranks #525 out of 566 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Ovid Works has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ovid Works' Quick Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Ovid Works ranks #525 out of 566 companies for Quick Ratio. This places Ovid Works in the lower half of its industry. The industry median Quick Ratio is 2.02. Ovid Works' value of 0.26 is 87.1% below this benchmark. Historically, Ovid Works' own Quick Ratio has ranged from 0.20 to 5.19 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 2.02, Ovid Works 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 an Interactive Media company?
The median Quick Ratio among Interactive Media companies is 2.02, based on 566 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. Ovid Works's current Quick Ratio of 0.26 is 87.1% 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 Ovid Works and its competitors. For the Interactive Media industry, the median Quick Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ovid Works's current Quick Ratio is 0.26, which is 71% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ovid Works stock overvalued right now?
Based on GuruFocus' analysis, Ovid Works (WAR:OVI) is currently considered Modestly Undervalued. The stock's GF Value™ is zł0.54, compared to a current price of zł0.45 — trading 17% below its estimated fair value. The current Quick Ratio is 0.26, which is 71% below median its 10-year median of 0.90 and 87.1% below the Interactive Media industry median of 2.02. Ovid Works' overall GF Score™ is 47/100 with 6 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 Ovid Works (WAR:OVI), the current Quick Ratio is 0.26 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 Ovid Works (WAR:OVI) Overvalued in 2026?

Based on GuruFocus' analysis, Ovid Works stock appears to be undervalued. The current stock price of zł0.45 is trading 17% below its estimated GF Value™ of zł0.54. GuruFocus considers Ovid Works to be Modestly Undervalued.

Key valuation signals for WAR:OVI:

  • Quick Ratio: 0.26 (71% below median its 10-year median of 0.90)
  • GF Value™: zł0.54 vs. price of zł0.45 (17% below fair value)
  • GF Score™: 47/100 with 6 warning signs
  • Industry Position: 87.1% below the Interactive Media median (#525 of 566)

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


Ovid Works Business Description

Address ul. Dobra 4 m.10, Warsaw, POL, 00-388
Ovid Works SA is an independent video game studio. The firm is engaged in producing games for PC, consoles, and VR. Some of its games are Interkosmos and Metamorphosis among others.
47GF Score

Get the complete analysis for WAR:OVI

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

zł0.45
Price
zł0.54
GF Value