Kvix AB (NGM:KVIX) Financial Strength: 7 (As of Mar. 2026) — 17% Above Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGM:KVIX Kvix AB NGM:KVIX
71 GF Score
Price kr1.51
GF Value kr2.47
Valuation Possible Value Trap
! 1 Warning Sign
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What is Kvix AB Financial Strength?

Kvix AB NGM:KVIX 71 Financial Strength is 7 as of Mar. 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates NGM:KVIX with a GF Score™ of 71/100 and a GF Value™ of kr2.47 (Possible Value Trap). The stock has 1 warning sign investors should review.

Kvix AB has the Financial Strength Rank of 7.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Kvix AB has no long-term debt (1). Kvix AB's debt to revenue ratio for the quarter that ended in Mar. 2026 was 0.00. As of today, Kvix AB's Altman Z-Score is 3.46.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Kvix AB  (NGM:KVIX) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Kvix AB has the Financial Strength Rank of 7.


Kvix AB Financial Strength Related Terms


NGM:KVIX vs QH, SHOP, UBER: Financial Strength Comparison

For the Software - Application subindustry, Kvix AB's Financial Strength, along with its competitors' market caps and Financial Strength 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.


Kvix AB Financial Strength vs Software Industry

For the Software industry and Technology sector, Kvix AB's Financial Strength distribution charts can be found below:

* The bar in red indicates where Kvix AB's Financial Strength falls into.


NGM:KVIX
71GF Score
Kvix AB NGM:KVIX
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Kvix AB Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Kvix AB's Interest Expense for the months ended in Mar. 2026 was kr0.00 Mil. Its Operating Income for the months ended in Mar. 2026 was kr0.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr0.00 Mil.

Kvix AB's Interest Coverage for the quarter that ended in Mar. 2026 is

Kvix AB had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Kvix AB's Debt to Revenue Ratio for the quarter that ended in Mar. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 15.86
=0.00

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Kvix AB has a Z-score of 3.46, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.46 is strong.

* 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 Financial Strength →
What does a Financial Strength of 7 mean?
Kvix AB (NGM:KVIX) has a Financial Strength of 7 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Kvix AB and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Kvix AB's Financial Strength has ranged from 3.00 to 9.00.
Is Kvix AB's Financial Strength too high?
Kvix AB's current Financial Strength of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. Overall, Kvix AB has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kvix AB's Financial Strength compare to QH and SHOP?
Kvix AB's Financial Strength of 7 can be compared against companies in the Software industry. Historically, Kvix AB's own Financial Strength has ranged from 3.00 to 9.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Software company?
A good Financial Strength depends on the Software industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Kvix AB and its competitors. Kvix AB's current Financial Strength is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kvix AB stock overvalued right now?
Based on GuruFocus' analysis, Kvix AB (NGM:KVIX) is currently considered Possible Value Trap. The stock's GF Value™ is kr2.47, compared to a current price of kr1.51 — trading 38.9% below its estimated fair value. The current Financial Strength is 7, which is 17% above median its 10-year median of 6.00. Kvix AB's overall GF Score™ is 71/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Kvix AB (NGM:KVIX), the current Financial Strength is 7 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 Kvix AB (NGM:KVIX) Overvalued in 2026?

Based on GuruFocus' analysis, Kvix AB stock appears to be undervalued. The current stock price of kr1.51 is trading 38.9% below its estimated GF Value™ of kr2.47. GuruFocus considers Kvix AB to be Possible Value Trap.

Key valuation signals for NGM:KVIX:

  • Financial Strength: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: kr2.47 vs. price of kr1.51 (38.9% below fair value)
  • GF Score™: 71/100 with 1 warning sign

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


Kvix AB Business Description

Address Fredsgatan 17, Umea, SWE, 903 47
Kvix AB is engaged in providing a platform for well-being through exercise - from yoga to strength training, breathing and mindfulness. It assists in finding balance in live workouts with others and monitoring the training journey. It also allows to interact with instructors and get live feedback if the users choose to share their camera image.
71GF Score

Get the complete analysis for NGM:KVIX

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

kr1.51
Price
kr2.47
GF Value