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Norden Estates ABXSAT:NORDEN +25.00%3 Quick Ratio is 0.78 as of Mar. 2026, which is 26% above its 10-year median of 0.62. GuruFocus rates XSAT:NORDEN with a GF Score™ of 3/100. The stock has 3 warning signs investors should review. Among 1,794 Real Estate companies, Norden Estates AB ranks worse than 52.01% on this metric.
Norden Estates AB (XSAT:NORDEN) 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.
Norden Estates AB Quick Ratio Related Terms
Norden Estates AB Quick Ratio Historical Data
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The historical data trend for Norden Estates 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.
XSAT:NORDEN vs CBRE, BEKE, JLL: Quick Ratio Comparison
For the Real Estate Services subindustry, Norden Estates 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.
Norden Estates AB Quick Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Norden Estates AB's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Norden Estates AB'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.
Norden Estates AB'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.
Norden Estates AB (XSAT:NORDEN) has a Quick Ratio of 0.78 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Norden Estates AB and its competitors. This is 26% above median its historical median of 0.62. Over the past decade, Norden Estates AB's Quick Ratio has ranged from 0.09 to 0.93. According to the industry distribution chart, Norden Estates AB ranks #933 out of 1794 companies in the Real Estate industry, placing it in the top 52%.
Is Norden Estates AB's Quick Ratio too high?
Norden Estates AB's current Quick Ratio of 0.78 is 26% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.93. The Real Estate industry median Quick Ratio is 0.84. Norden Estates AB's value of 0.78 is 7.1% below this industry median. Based on the distribution chart, Norden Estates AB ranks #933 out of 1794 companies in the Real Estate industry, which is below the industry midpoint. Overall, Norden Estates AB has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Norden Estates AB's Quick Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Norden Estates AB ranks #933 out of 1794 companies for Quick Ratio. This places Norden Estates AB in the lower half of its industry. The industry median Quick Ratio is 0.84. Norden Estates AB's value of 0.78 is 7.1% below this benchmark. Historically, Norden Estates AB's own Quick Ratio has ranged from 0.09 to 0.93 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.84, Norden Estates 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 Real Estate company?
The median Quick Ratio among Real Estate companies is 0.84, based on 1,794 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. Norden Estates AB's current Quick Ratio of 0.78 is 7.1% 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 Norden Estates AB and its competitors. For the Real Estate industry, the median Quick Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norden Estates AB's current Quick Ratio is 0.78, which is 26% above median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norden Estates AB stock overvalued right now?
Norden Estates AB (XSAT:NORDEN) has a current Quick Ratio of 0.78. The current Quick Ratio is 0.78, which is 26% above median its 10-year median of 0.62 and 7.1% below the Real Estate industry median of 0.84. Norden Estates AB's overall GF Score™ is 3/100 with 3 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 Norden Estates AB (XSAT:NORDEN), the current Quick Ratio is 0.78 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.
Norden Estates AB is engaged in managing real estate, conducting consulting activities regarding property management, financing, and sustainability with a focus on energy systems and material selection, and engages in securities trading. The company offers comprehensive solutions in property development, energy technology, and digital optimization. The company provides sustainable, energy-efficient, and cost-effective properties that drive development towards a greener future.
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