Provide IT Sweden AB (XSAT:PROVIT) Quick Ratio: 1.32 (As of Mar. 2026) — 63% Below Median


XSAT:PROVIT Provide IT Sweden AB XSAT:PROVIT
62 GF Score
Price kr0.54
GF Value kr1.22
Valuation Possible Value Trap
! 4 Warning Signs
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What is Provide IT Sweden AB Quick Ratio?

Provide IT Sweden AB XSAT:PROVIT 62 Quick Ratio is 1.32 as of Mar. 2026, which is 63% below its 10-year median of 3.58. GuruFocus rates XSAT:PROVIT with a GF Score™ of 62/100 and a GF Value™ of kr1.22 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,861 Software companies, Provide IT Sweden AB ranks worse than 62.5% 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. Provide IT Sweden AB's quick ratio for the quarter that ended in Mar. 2026 was 1.32.

Provide IT Sweden AB has a quick ratio of 1.32. It generally indicates good short-term financial strength.

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

XSAT:PROVIT' s Quick Ratio Range Over the Past 10 Years
Min: 1.32   Med: 3.58   Max: 11.32
Current: 1.32

During the past 11 years, Provide IT Sweden AB's highest Quick Ratio was 11.32. The lowest was 1.32. And the median was 3.58.

XSAT:PROVIT's Quick Ratio is ranked worse than
62.5% of 2861 companies
in the Software industry
Industry Median: 1.7 vs XSAT:PROVIT: 1.32

Provide IT Sweden AB  (XSAT:PROVIT) 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.


Provide IT Sweden AB Quick Ratio Related Terms


Provide IT Sweden AB Quick Ratio Historical Data

* Premium members only.

The historical data trend for Provide IT Sweden 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.

Provide IT Sweden AB Quick Ratio Chart

Provide IT Sweden AB Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.67 3.24 1.93 1.81 1.32

Provide IT Sweden 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 1.81 1.62 1.63 1.38 1.32

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

For the Software - Application subindustry, Provide IT Sweden 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.


Provide IT Sweden AB Quick Ratio vs Software Industry

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

* The bar in red indicates where Provide IT Sweden AB's Quick Ratio falls into.


XSAT:PROVIT
62GF Score
Provide IT Sweden AB XSAT:PROVIT
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Provide IT Sweden 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.

Provide IT Sweden AB's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(7.347-0)/5.572
=1.32

Provide IT Sweden 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
=(7.347-0)/5.572
=1.32

* 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 1.32 mean?
Provide IT Sweden AB (XSAT:PROVIT) has a Quick Ratio of 1.32 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Provide IT Sweden AB and its competitors. This is 63% below median its historical median of 3.58. Over the past decade, Provide IT Sweden AB's Quick Ratio has ranged from 1.32 to 11.32. According to the industry distribution chart, Provide IT Sweden AB ranks #1788 out of 2861 companies in the Software industry, placing it in the top 62.5%.
Is Provide IT Sweden AB's Quick Ratio too high?
Provide IT Sweden AB's current Quick Ratio of 1.32 is 63% below median its 10-year median of 3.58. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 11.32. The Software industry median Quick Ratio is 1.70. Provide IT Sweden AB's value of 1.32 is 22.4% below this industry median. Based on the distribution chart, Provide IT Sweden AB ranks #1788 out of 2861 companies in the Software industry, which is below the industry midpoint. Overall, Provide IT Sweden AB has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Provide IT Sweden AB's Quick Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Provide IT Sweden AB ranks #1788 out of 2861 companies for Quick Ratio. This places Provide IT Sweden AB in the lower half of its industry. The industry median Quick Ratio is 1.70. Provide IT Sweden AB's value of 1.32 is 22.4% below this benchmark. Historically, Provide IT Sweden AB's own Quick Ratio has ranged from 1.32 to 11.32 over the past decade. While the company's 10-year median is 3.58 vs. the industry median of 1.70, Provide IT Sweden 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 Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,861 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. Provide IT Sweden AB's current Quick Ratio of 1.32 is 22.4% 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 Provide IT Sweden 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. Provide IT Sweden AB's current Quick Ratio is 1.32, which is 63% below median its own 10-year median of 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Provide IT Sweden AB stock overvalued right now?
Based on GuruFocus' analysis, Provide IT Sweden AB (XSAT:PROVIT) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.22, compared to a current price of kr0.54 — trading 55.7% below its estimated fair value. The current Quick Ratio is 1.32, which is 63% below median its 10-year median of 3.58 and 22.4% below the Software industry median of 1.70. Provide IT Sweden AB's overall GF Score™ is 62/100 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 Provide IT Sweden AB (XSAT:PROVIT), the current Quick Ratio is 1.32 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 Provide IT Sweden AB (XSAT:PROVIT) Overvalued in 2026?

Based on GuruFocus' analysis, Provide IT Sweden AB stock appears to be undervalued. The current stock price of kr0.54 is trading 55.7% below its estimated GF Value™ of kr1.22. GuruFocus considers Provide IT Sweden AB to be Possible Value Trap.

Key valuation signals for XSAT:PROVIT:

  • Quick Ratio: 1.32 (63% below median its 10-year median of 3.58)
  • GF Value™: kr1.22 vs. price of kr0.54 (55.7% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 22.4% below the Software median (#1788 of 2861)

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


Provide IT Sweden AB Business Description

Address Gotabergsgatan 20, Gothenburg, SWE, 41134
Provide IT Sweden AB is a digital production company. The company is engaged in the development of web and mobile applications. It provides websites, applications, portals, and e-commerce to national and foreign companies.
62GF Score

Get the complete analysis for XSAT:PROVIT

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

kr0.54
Price
kr1.22
GF Value