Safe at Sea AB (XSAT:SAFE) Quick Ratio: 0.98 (As of Mar. 2026) — 18% Below Median

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XSAT:SAFE Safe at Sea AB XSAT:SAFE
43 GF Score
Price kr1.22
GF Value kr0.97
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Safe at Sea AB Quick Ratio?

Safe at Sea AB XSAT:SAFE -0.82% 43 Quick Ratio is 0.98 as of Mar. 2026, which is 18% below its 10-year median of 1.20. GuruFocus rates XSAT:SAFE with a GF Score™ of 43/100 and a GF Value™ of kr0.97 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,092 Business Services companies, Safe at Sea AB ranks worse than 76.74% 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. Safe at Sea AB's quick ratio for the quarter that ended in Mar. 2026 was 0.98.

Safe at Sea AB has a quick ratio of 0.98. It indicates that the company cannot currently fully pay back its current liabilities.

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

XSAT:SAFE' s Quick Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.2   Max: 2.44
Current: 0.98

During the past 13 years, Safe at Sea AB's highest Quick Ratio was 2.44. The lowest was 0.42. And the median was 1.20.

XSAT:SAFE's Quick Ratio is ranked worse than
76.74% of 1092 companies
in the Business Services industry
Industry Median: 1.67 vs XSAT:SAFE: 0.98

Safe at Sea AB  (XSAT:SAFE) 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.


Safe at Sea AB Quick Ratio Related Terms


Safe at Sea AB Quick Ratio Historical Data

* Premium members only.

The historical data trend for Safe at Sea 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.

Safe at Sea AB Quick Ratio Chart

Safe at Sea 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 1.69 1.81 0.86 1.23 1.09

Safe at Sea 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 0.79 0.84 1.61 1.09 0.98

XSAT:SAFE vs ALLE, MSA, ADT: Quick Ratio Comparison

For the Security & Protection Services subindustry, Safe at Sea 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.


Safe at Sea AB Quick Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Safe at Sea AB's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Safe at Sea AB's Quick Ratio falls into.


XSAT:SAFE
43GF Score
Safe at Sea AB XSAT:SAFE
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safe at Sea 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.

Safe at Sea 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
=(18.155-8.659)/8.702
=1.09

Safe at Sea 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
=(16.309-9.935)/6.474
=0.98

* 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 0.98 mean?
Safe at Sea AB (XSAT:SAFE) has a Quick Ratio of 0.98 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Safe at Sea AB and its competitors. This is 18% below median its historical median of 1.20. Over the past decade, Safe at Sea AB's Quick Ratio has ranged from 0.42 to 2.44. According to the industry distribution chart, Safe at Sea AB ranks #838 out of 1092 companies in the Business Services industry, placing it in the top 76.7%.
Is Safe at Sea AB's Quick Ratio too high?
Safe at Sea AB's current Quick Ratio of 0.98 is 18% below median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 2.44. The Business Services industry median Quick Ratio is 1.67. Safe at Sea AB's value of 0.98 is 41.3% below this industry median. Based on the distribution chart, Safe at Sea AB ranks #838 out of 1092 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Safe at Sea AB has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safe at Sea AB's Quick Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Safe at Sea AB ranks #838 out of 1092 companies for Quick Ratio. This places Safe at Sea AB in the lower half of its industry. The industry median Quick Ratio is 1.67. Safe at Sea AB's value of 0.98 is 41.3% below this benchmark. Historically, Safe at Sea AB's own Quick Ratio has ranged from 0.42 to 2.44 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.67, Safe at Sea 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 Business Services company?
The median Quick Ratio among Business Services companies is 1.67, based on 1,092 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. Safe at Sea AB's current Quick Ratio of 0.98 is 41.3% 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 Safe at Sea AB and its competitors. For the Business Services industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safe at Sea AB's current Quick Ratio is 0.98, which is 18% below median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe at Sea AB stock overvalued right now?
Based on GuruFocus' analysis, Safe at Sea AB (XSAT:SAFE) is currently considered Modestly Overvalued. The stock's GF Value™ is kr0.97, compared to a current price of kr1.22 — trading 25.3% above its estimated fair value. The current Quick Ratio is 0.98, which is 18% below median its 10-year median of 1.20 and 41.3% below the Business Services industry median of 1.67. Safe at Sea AB's overall GF Score™ is 43/100 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 Safe at Sea AB (XSAT:SAFE), the current Quick Ratio is 0.98 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 Safe at Sea AB (XSAT:SAFE) Overvalued in 2026?

Based on GuruFocus' analysis, Safe at Sea AB stock appears to be overvalued. The current stock price of kr1.22 is trading 25.3% above its estimated GF Value™ of kr0.97. GuruFocus considers Safe at Sea AB to be Modestly Overvalued.

Key valuation signals for XSAT:SAFE:

  • Quick Ratio: 0.98 (18% below median its 10-year median of 1.20)
  • GF Value™: kr0.97 vs. price of kr1.22 (25.3% above fair value)
  • GF Score™: 43/100 with 3 warning signs
  • Industry Position: 41.3% below the Business Services median (#838 of 1092)

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


Safe at Sea AB Business Description

Address Importgatan 15F, Hisings Backa, SWE, 442 46
Safe at Sea AB engages in the production, promotion, and sale of sea rescue equipment and systems worldwide. It principally produces Rescuerunner and Guardrunner.
43GF Score

Get the complete analysis for XSAT:SAFE

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

kr1.22
Price
kr0.97
GF Value