Miris Holding AB (XSAT:MIR) Quick Ratio: 1.41 (As of Mar. 2026) — 147% Above Median


XSAT:MIR Miris Holding AB XSAT:MIR
39 GF Score
Price kr26.20
GF Value kr15.90
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Miris Holding AB Quick Ratio?

Miris Holding AB XSAT:MIR 39 Quick Ratio is 1.41 as of Mar. 2026, which is 147% above its 10-year median of 0.57. GuruFocus rates XSAT:MIR with a GF Score™ of 39/100 and a GF Value™ of kr15.90 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,496 Hardware companies, Miris Holding AB ranks worse than 51.8% 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. Miris Holding AB's quick ratio for the quarter that ended in Mar. 2026 was 1.41.

Miris Holding AB has a quick ratio of 1.41. It generally indicates good short-term financial strength.

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

XSAT:MIR' s Quick Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.57   Max: 2.25
Current: 1.41

During the past 13 years, Miris Holding AB's highest Quick Ratio was 2.25. The lowest was 0.21. And the median was 0.57.

XSAT:MIR's Quick Ratio is ranked worse than
51.8% of 2496 companies
in the Hardware industry
Industry Median: 1.46 vs XSAT:MIR: 1.41

Miris Holding AB  (XSAT:MIR) 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.


Miris Holding AB Quick Ratio Related Terms


Miris Holding AB Quick Ratio Historical Data

* Premium members only.

The historical data trend for Miris Holding 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.

Miris Holding AB Quick Ratio Chart

Miris Holding 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 1.67 1.20 0.40 0.53 1.92

Miris Holding AB 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 0.43 0.40 2.20 1.92 1.41

XSAT:MIR vs COHR, KEYS, GRMN: Quick Ratio Comparison

For the Scientific & Technical Instruments subindustry, Miris Holding 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.


Miris Holding AB Quick Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Miris Holding AB's Quick Ratio distribution charts can be found below:

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


XSAT:MIR
39GF Score
Miris Holding AB XSAT:MIR
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Miris Holding 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.

Miris Holding 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
=(15.871-2.043)/7.191
=1.92

Miris Holding 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
=(12.186-2.716)/6.729
=1.41

* 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 1.41 mean?
Miris Holding AB (XSAT:MIR) has a Quick Ratio of 1.41 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Miris Holding AB and its competitors. This is 147% above median its historical median of 0.57. Over the past decade, Miris Holding AB's Quick Ratio has ranged from 0.21 to 2.25. According to the industry distribution chart, Miris Holding AB ranks #1293 out of 2496 companies in the Hardware industry, placing it in the top 51.8%.
Is Miris Holding AB's Quick Ratio too high?
Miris Holding AB's current Quick Ratio of 1.41 is 147% above median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 2.25. The Hardware industry median Quick Ratio is 1.46. Miris Holding AB's value of 1.41 is 3.4% below this industry median. Based on the distribution chart, Miris Holding AB ranks #1293 out of 2496 companies in the Hardware industry, which is below the industry midpoint. Overall, Miris Holding AB has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Miris Holding AB's Quick Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Miris Holding AB ranks #1293 out of 2496 companies for Quick Ratio. This places Miris Holding AB in the lower half of its industry. The industry median Quick Ratio is 1.46. Miris Holding AB's value of 1.41 is 3.4% below this benchmark. Historically, Miris Holding AB's own Quick Ratio has ranged from 0.21 to 2.25 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.46, Miris Holding 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 a Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,496 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. Miris Holding AB's current Quick Ratio of 1.41 is 3.4% 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 Miris Holding AB 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. Miris Holding AB's current Quick Ratio is 1.41, which is 147% above median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miris Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Miris Holding AB (XSAT:MIR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr15.90, compared to a current price of kr26.20 — trading 64.8% above its estimated fair value. The current Quick Ratio is 1.41, which is 147% above median its 10-year median of 0.57 and 3.4% below the Hardware industry median of 1.46. Miris Holding AB's overall GF Score™ is 39/100 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 Miris Holding AB (XSAT:MIR), the current Quick Ratio is 1.41 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 Miris Holding AB (XSAT:MIR) Overvalued in 2026?

Based on GuruFocus' analysis, Miris Holding AB stock appears to be overvalued. The current stock price of kr26.20 is trading 64.8% above its estimated GF Value™ of kr15.90. GuruFocus considers Miris Holding AB to be Significantly Overvalued.

Key valuation signals for XSAT:MIR:

  • Quick Ratio: 1.41 (147% above median its 10-year median of 0.57)
  • GF Value™: kr15.90 vs. price of kr26.20 (64.8% above fair value)
  • GF Score™: 39/100 with 4 warning signs
  • Industry Position: 3.4% below the Hardware median (#1293 of 2496)

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


Miris Holding AB Business Description

Address Danmarksgatan 26, Uppsala, SWE, SE-753 23
Miris Holding AB develops, produces, markets and sells the Miris HMA - Human Milk Analyzer (HMA). It provides neonatal health through the development, manufacture and sale of equipment and consumables for human milk analysis to enable individual nutrition for premature infants. It is used in healthcare for the analysis of breast milk for premature babies and for the classification of donated breast milk at milk banks.
39GF Score

Get the complete analysis for XSAT:MIR

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

kr26.20
Price
kr15.90
GF Value