adidas AGADDDF +2.86%86 Quick Ratio is 0.71 as of Mar. 2026, which is 9% below its 10-year median of 0.78. GuruFocus rates ADDDF with a GF Score™ of 86/100 and a GF Value™ of $239.20 (Modestly Undervalued). Among 1,069 Manufacturing - Apparel & Accessories companies, adidas AG ranks worse than 70.25% 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. adidas AG's quick ratio for the quarter that ended in Mar. 2026 was 0.71.
adidas AG has a quick ratio of 0.71. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for adidas AG's Quick Ratio or its related term are showing as below:
ADDDF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.62 Med: 0.78 Max: 1.23
Current: 0.71
During the past 13 years, adidas AG's highest Quick Ratio was 1.23. The lowest was 0.62. And the median was 0.78.
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.
adidas AG Quick Ratio Related Terms
adidas AG Quick Ratio Historical Data
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The historical data trend for adidas AG'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.
For the Footwear & Accessories subindustry, adidas AG'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.
adidas AG Quick Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, adidas AG's Quick Ratio distribution charts can be found below:
* The bar in red indicates where adidas AG'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.
adidas AG'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.
adidas AG (ADDDF) has a Quick Ratio of 0.71 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on adidas AG and its competitors. This is near median its historical median of 0.78. Over the past decade, adidas AG's Quick Ratio has ranged from 0.62 to 1.23. According to the industry distribution chart, adidas AG ranks #751 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 70.3%.
Is adidas AG's Quick Ratio too high?
adidas AG's current Quick Ratio of 0.71 is near median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.23. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.10. adidas AG's value of 0.71 is 35.5% below this industry median. Based on the distribution chart, adidas AG ranks #751 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, adidas AG has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does adidas AG's Quick Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, adidas AG ranks #751 out of 1069 companies for Quick Ratio. This places adidas AG in the lower half of its industry. The industry median Quick Ratio is 1.10. adidas AG's value of 0.71 is 35.5% below this benchmark. Historically, adidas AG's own Quick Ratio has ranged from 0.62 to 1.23 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.10, adidas AG 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.10, based on 1,069 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. adidas AG's current Quick Ratio of 0.71 is 35.5% 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 adidas AG and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. adidas AG's current Quick Ratio is 0.71, which is near median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is adidas AG stock overvalued right now?
Based on GuruFocus' analysis, adidas AG (ADDDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $239.20, compared to a current price of $196.88 — trading 17.7% below its estimated fair value. The current Quick Ratio is 0.71, which is near median its 10-year median of 0.78 and 35.5% below the Manufacturing - Apparel & Accessories industry median of 1.10. adidas AG's overall GF Score™ is 86/100. 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 adidas AG (ADDDF), the current Quick Ratio is 0.71 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 adidas AG (ADDDF) Overvalued in 2026?
Based on GuruFocus' analysis, adidas AG stock appears to be undervalued.
The current stock price of $196.88 is trading 17.7% below its estimated GF Value™ of $239.20.
GuruFocus considers adidas AG to be Modestly Undervalued.
Key valuation signals for ADDDF:
Quick Ratio: 0.71 (near median its 10-year median of 0.78)
GF Value™: $239.20 vs. price of $196.88 (17.7% below fair value)
Industry Position: 35.5% below the Manufacturing - Apparel & Accessories median (#751 of 1069)
No single metric tells the full story. See the ADDDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adidas designs, develops, produces, and markets athletic and leisure apparel, footwear, accessories, and sports equipment. Under its eponymous brand, it produces apparel for competitive athletics, casual activewear, and casual fashion. Adidas sells its products in more than 160 countries through about 2,000 owned retail stores, 15,000 Adidas-branded franchise stores (including about 8,000 in China), 150,000 wholesale doors, and an owned e-commerce site that is available in 67 countries. The company was founded in 1949 in Germany.
86GF Score
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