MindArk PE AB (XSAT:MNDRK) Quick Ratio: 1.81 (As of Mar. 2026) — 20% Below Median


XSAT:MNDRK MindArk PE AB XSAT:MNDRK
56 GF Score
Price kr0.78
GF Value kr1.38
Valuation Possible Value Trap
! 4 Warning Signs
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What is MindArk PE AB Quick Ratio?

MindArk PE AB XSAT:MNDRK -1.27% 56 Quick Ratio is 1.81 as of Mar. 2026, which is 20% below its 10-year median of 2.26. GuruFocus rates XSAT:MNDRK with a GF Score™ of 56/100 and a GF Value™ of kr1.38 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,865 Software companies, MindArk PE AB ranks better than 52.88% 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. MindArk PE AB's quick ratio for the quarter that ended in Mar. 2026 was 1.81.

MindArk PE AB has a quick ratio of 1.81. It generally indicates good short-term financial strength.

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

XSAT:MNDRK' s Quick Ratio Range Over the Past 10 Years
Min: 1.61   Med: 2.26   Max: 2.92
Current: 1.81

During the past 4 years, MindArk PE AB's highest Quick Ratio was 2.92. The lowest was 1.61. And the median was 2.26.

XSAT:MNDRK's Quick Ratio is ranked better than
52.88% of 2865 companies
in the Software industry
Industry Median: 1.7 vs XSAT:MNDRK: 1.81

MindArk PE AB  (XSAT:MNDRK) 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.


MindArk PE AB Quick Ratio Related Terms


MindArk PE AB Quick Ratio Historical Data

* Premium members only.

The historical data trend for MindArk PE 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.

MindArk PE AB Quick Ratio Chart

MindArk PE AB Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Quick Ratio
2.64 2.02 2.35 2.37

MindArk PE AB Quarterly Data
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 2.13 2.71 2.87 2.37 1.81

XSAT:MNDRK vs UBER, SHOP, CRM: Quick Ratio Comparison

For the Software - Application subindustry, MindArk PE 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.


MindArk PE AB Quick Ratio vs Software Industry

For the Software industry and Technology sector, MindArk PE AB's Quick Ratio distribution charts can be found below:

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


XSAT:MNDRK
56GF Score
MindArk PE AB XSAT:MNDRK
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MindArk PE 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.

MindArk PE 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
=(36.015-0.076)/15.165
=2.37

MindArk PE 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
=(31.591-0.072)/17.444
=1.81

* 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 1.81 mean?
MindArk PE AB (XSAT:MNDRK) has a Quick Ratio of 1.81 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on MindArk PE AB and its competitors. This is 20% below median its historical median of 2.26. Over the past decade, MindArk PE AB's Quick Ratio has ranged from 1.61 to 2.92. According to the industry distribution chart, MindArk PE AB ranks #1350 out of 2865 companies in the Software industry, placing it in the top 47.1%.
Is MindArk PE AB's Quick Ratio too high?
MindArk PE AB's current Quick Ratio of 1.81 is 20% below median its 10-year median of 2.26. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 2.92. The Software industry median Quick Ratio is 1.70. MindArk PE AB's value of 1.81 is 6.5% above this industry median. Based on the distribution chart, MindArk PE AB ranks #1350 out of 2865 companies in the Software industry, which is above the industry midpoint. Overall, MindArk PE AB has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MindArk PE AB's Quick Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, MindArk PE AB ranks #1350 out of 2865 companies for Quick Ratio. This puts MindArk PE AB in the upper half of its industry. The industry median Quick Ratio is 1.70. MindArk PE AB's value of 1.81 is 6.5% above this benchmark. Historically, MindArk PE AB's own Quick Ratio has ranged from 1.61 to 2.92 over the past decade. While the company's 10-year median is 2.26 vs. the industry median of 1.70, MindArk PE AB 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 Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,865 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. MindArk PE AB's current Quick Ratio of 1.81 is 6.5% 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 MindArk PE AB and its competitors. For the Software industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MindArk PE AB's current Quick Ratio is 1.81, which is 20% below median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MindArk PE AB stock overvalued right now?
Based on GuruFocus' analysis, MindArk PE AB (XSAT:MNDRK) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.38, compared to a current price of kr0.78 — trading 43.5% below its estimated fair value. The current Quick Ratio is 1.81, which is 20% below median its 10-year median of 2.26 and 6.5% above the Software industry median of 1.70. MindArk PE AB's overall GF Score™ is 56/100 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 MindArk PE AB (XSAT:MNDRK), the current Quick Ratio is 1.81 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 MindArk PE AB (XSAT:MNDRK) Overvalued in 2026?

Based on GuruFocus' analysis, MindArk PE AB stock appears to be undervalued. The current stock price of kr0.78 is trading 43.5% below its estimated GF Value™ of kr1.38. GuruFocus considers MindArk PE AB to be Possible Value Trap.

Key valuation signals for XSAT:MNDRK:

  • Quick Ratio: 1.81 (20% below median its 10-year median of 2.26)
  • GF Value™: kr1.38 vs. price of kr0.78 (43.5% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 6.5% above the Software median (#1350 of 2865)

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


MindArk PE AB Business Description

Other Exchanges Z7R:Germany
Address Masthamnsgatan 5, Gothenburg, SWE, SE 413 29
MindArk PE AB develops and operates Entropia Universe and the Entropia Platform. Entropia Universe is a 3D internet virtual universe with an integrated economic system and stunning graphics. The client software is free of charge and available to anyone with internet access. The Entropia Platform is a secure entertainment and business platform, enabling companies and organizations all over the world to build content on themed planets inside the Entropia Universe.
56GF Score

Get the complete analysis for XSAT:MNDRK

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

kr0.78
Price
kr1.38
GF Value