SolidX AB (XSAT:SOLIDX) Quick Ratio: 0.98 (As of Apr. 2026) — 15% Below Median

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XSAT:SOLIDX SolidX AB XSAT:SOLIDX
85 GF Score
Price kr2.18
GF Value kr2.56
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is SolidX AB Quick Ratio?

SolidX AB XSAT:SOLIDX -3.54% 85 Quick Ratio is 0.98 as of Apr. 2026, which is 15% below its 10-year median of 1.15. GuruFocus rates XSAT:SOLIDX with a GF Score™ of 85/100 and a GF Value™ of kr2.56 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,875 Software companies, SolidX AB ranks worse than 77.63% 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. SolidX AB's quick ratio for the quarter that ended in Apr. 2026 was 0.98.

SolidX 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 SolidX AB's Quick Ratio or its related term are showing as below:

XSAT:SOLIDX' s Quick Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.15   Max: 1.6
Current: 0.98

During the past 7 years, SolidX AB's highest Quick Ratio was 1.60. The lowest was 0.91. And the median was 1.15.

XSAT:SOLIDX's Quick Ratio is ranked worse than
77.63% of 2875 companies
in the Software industry
Industry Median: 1.7 vs XSAT:SOLIDX: 0.98

SolidX AB  (XSAT:SOLIDX) 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.


SolidX AB Quick Ratio Related Terms


SolidX AB Quick Ratio Historical Data

* Premium members only.

The historical data trend for SolidX 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.

SolidX AB Quick Ratio Chart

SolidX AB Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Quick Ratio
Get a 7-Day Free Trial 1.36 1.56 1.15 0.91 0.98

SolidX AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.91 0.86 0.95 1.13 0.98

XSAT:SOLIDX vs IBM, ACN, FISV: Quick Ratio Comparison

For the Information Technology Services subindustry, SolidX 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.


SolidX AB Quick Ratio vs Software Industry

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

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


XSAT:SOLIDX
85GF Score
SolidX AB XSAT:SOLIDX
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SolidX 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.

SolidX AB's Quick Ratio for the fiscal year that ended in Apr. 2026 is calculated as

Quick Ratio (A: Apr. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(30.49-0)/31.053
=0.98

SolidX AB's Quick Ratio for the quarter that ended in Apr. 2026 is calculated as

Quick Ratio (Q: Apr. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(30.49-0)/31.053
=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?
SolidX AB (XSAT:SOLIDX) has a Quick Ratio of 0.98 as of Apr. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on SolidX AB and its competitors. This is 15% below median its historical median of 1.15. Over the past decade, SolidX AB's Quick Ratio has ranged from 0.91 to 1.60. According to the industry distribution chart, SolidX AB ranks #2232 out of 2875 companies in the Software industry, placing it in the top 77.6%.
Is SolidX AB's Quick Ratio too high?
SolidX AB's current Quick Ratio of 0.98 is 15% below median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 1.60. The Software industry median Quick Ratio is 1.70. SolidX AB's value of 0.98 is 42.4% below this industry median. Based on the distribution chart, SolidX AB ranks #2232 out of 2875 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, SolidX AB has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SolidX AB's Quick Ratio compare to IBM and ACN?
According to the Software industry distribution chart, SolidX AB ranks #2232 out of 2875 companies for Quick Ratio. This places SolidX AB in the lower half of its industry. The industry median Quick Ratio is 1.70. SolidX AB's value of 0.98 is 42.4% below this benchmark. Historically, SolidX AB's own Quick Ratio has ranged from 0.91 to 1.60 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 1.70, SolidX 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 2,875 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. SolidX AB's current Quick Ratio of 0.98 is 42.4% 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 SolidX 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. SolidX AB's current Quick Ratio is 0.98, which is 15% below median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SolidX AB stock overvalued right now?
Based on GuruFocus' analysis, SolidX AB (XSAT:SOLIDX) is currently considered Modestly Undervalued. The stock's GF Value™ is kr2.56, compared to a current price of kr2.18 — trading 14.8% below its estimated fair value. The current Quick Ratio is 0.98, which is 15% below median its 10-year median of 1.15 and 42.4% below the Software industry median of 1.70. SolidX AB's overall GF Score™ is 85/100 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 SolidX AB (XSAT:SOLIDX), the current Quick Ratio is 0.98 as of Apr. 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 SolidX AB (XSAT:SOLIDX) Overvalued in 2026?

Based on GuruFocus' analysis, SolidX AB stock appears to be undervalued. The current stock price of kr2.18 is trading 14.8% below its estimated GF Value™ of kr2.56. GuruFocus considers SolidX AB to be Modestly Undervalued.

Key valuation signals for XSAT:SOLIDX:

  • Quick Ratio: 0.98 (15% below median its 10-year median of 1.15)
  • GF Value™: kr2.56 vs. price of kr2.18 (14.8% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 42.4% below the Software median (#2232 of 2875)

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


SolidX AB Business Description

Address Sodergatan 13, Malmo, SWE, 211 34
SolidX AB is an IT consulting company that provides expertise and resources in IT and digitalization for both private and public sectors. The company specializes in strengthening customer organizations by offering consultants for projects and day-to-day operations. The company is also known for its focus on consultants, aiming to be an employer by offering flexible working conditions, competence development, and competitive compensation.
85GF Score

Get the complete analysis for XSAT:SOLIDX

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

kr2.18
Price
kr2.56
GF Value