Enrad AB (XSAT:ENRAD) Quick Ratio: 1.14 (As of Mar. 2026) — Near Median


XSAT:ENRAD Enrad AB XSAT:ENRAD
11 GF Score
Price kr11.10
GF Value kr11.11
! 2 Warning Signs
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What is Enrad AB Quick Ratio?

Enrad AB XSAT:ENRAD -2.20% 11 Quick Ratio is 1.14 as of Mar. 2026, which is at its 10-year median of 1.14. GuruFocus rates XSAT:ENRAD with a GF Score™ of 11/100 and a GF Value™ of kr11.11. The stock has 2 warning signs investors should review. Among 3,073 Industrial Products companies, Enrad AB ranks worse than 62.02% 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. Enrad AB's quick ratio for the quarter that ended in Mar. 2026 was 1.14.

Enrad AB has a quick ratio of 1.14. It generally indicates good short-term financial strength.

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

XSAT:ENRAD' s Quick Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.14   Max: 4.27
Current: 1.14

During the past 12 years, Enrad AB's highest Quick Ratio was 4.27. The lowest was 0.40. And the median was 1.14.

XSAT:ENRAD's Quick Ratio is ranked worse than
62.02% of 3073 companies
in the Industrial Products industry
Industry Median: 1.39 vs XSAT:ENRAD: 1.14

Enrad AB  (XSAT:ENRAD) 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.


Enrad AB Quick Ratio Related Terms


Enrad AB Quick Ratio Historical Data

* Premium members only.

The historical data trend for Enrad AB'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.

Enrad AB Quick Ratio Chart

Enrad AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 2.73 1.20 1.00 2.04

Enrad AB Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 1.00 2.09 2.50 2.04 1.14

XSAT:ENRAD vs GEV, ETN, PH: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, Enrad AB'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.


Enrad AB Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Enrad AB's Quick Ratio distribution charts can be found below:

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


XSAT:ENRAD
11GF Score
Enrad AB XSAT:ENRAD
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Enrad AB 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.

Enrad AB'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
=(49.949-18.165)/15.607
=2.04

Enrad AB'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
=(45.992-24.709)/18.601
=1.14

* 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 1.14 mean?
Enrad AB (XSAT:ENRAD) has a Quick Ratio of 1.14 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Enrad AB and its competitors. This is near median its historical median of 1.14. Over the past decade, Enrad AB's Quick Ratio has ranged from 0.40 to 4.27. According to the industry distribution chart, Enrad AB ranks #1906 out of 3073 companies in the Industrial Products industry, placing it in the top 62%.
Is Enrad AB's Quick Ratio too high?
Enrad AB's current Quick Ratio of 1.14 is near median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 4.27. The Industrial Products industry median Quick Ratio is 1.39. Enrad AB's value of 1.14 is 18% below this industry median. Based on the distribution chart, Enrad AB ranks #1906 out of 3073 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Enrad AB has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Enrad AB's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Enrad AB ranks #1906 out of 3073 companies for Quick Ratio. This places Enrad AB in the lower half of its industry. The industry median Quick Ratio is 1.39. Enrad AB's value of 1.14 is 18% below this benchmark. Historically, Enrad AB's own Quick Ratio has ranged from 0.40 to 4.27 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.39, Enrad AB 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 Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,073 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. Enrad AB's current Quick Ratio of 1.14 is 18% 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 Enrad AB and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enrad AB's current Quick Ratio is 1.14, which is near median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enrad AB stock overvalued right now?
Enrad AB (XSAT:ENRAD) has a current Quick Ratio of 1.14. The stock's GF Value™ is kr11.11, compared to a current price of kr11.10 — trading 0.1% below its estimated fair value. The current Quick Ratio is 1.14, which is near median its 10-year median of 1.14 and 18% below the Industrial Products industry median of 1.39. Enrad AB's overall GF Score™ is 11/100 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 Enrad AB (XSAT:ENRAD), the current Quick Ratio is 1.14 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 Enrad AB (XSAT:ENRAD) Overvalued in 2026?

Based on GuruFocus' analysis, Enrad AB stock appears to be undervalued. The current stock price of kr11.10 is trading 0.1% below its estimated GF Value™ of kr11.11.

Key valuation signals for XSAT:ENRAD:

  • Quick Ratio: 1.14 (near median its 10-year median of 1.14)
  • GF Value™: kr11.11 vs. price of kr11.10 (0.1% below fair value)
  • GF Score™: 11/100 with 2 warning signs
  • Industry Position: 18% below the Industrial Products median (#1906 of 3073)

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


Enrad AB Business Description

Other Exchanges ENRAD:Sweden
Address Verkstadsgatan 10, Boras, SWE, 504 62
Enrad AB manufactures environmentally friendly energy solutions as well as installation. The company has developed a patented technology, which reduces the energy consumption for cooling and heating systems. Its product consists of two parts: an control system and a modular liquid cooling unit. Its control system controls the compressors, circulation pumps and coolant fans for optimal operation and adapts the cooling systems to the real need.
11GF Score

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

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