ADNH (Advent Technologies Holdings) Quick Ratio: 0.39 (As of Sep. 2025) — 48% Below Median

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What is Advent Technologies Holdings Quick Ratio?

Advent Technologies Holdings ADNH Quick Ratio is 0.39 as of Sep. 2025, which is 48% below its 10-year median of 0.75. The stock has 6 warning signs investors should review. Among 3,076 Industrial Products companies, Advent Technologies Holdings ranks worse than 95.61% 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. Advent Technologies Holdings's quick ratio for the quarter that ended in Sep. 2025 was 0.39.

Advent Technologies Holdings has a quick ratio of 0.39. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Advent Technologies Holdings's Quick Ratio or its related term are showing as below:

ADNH' s Quick Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.75   Max: 33.09
Current: 0.39

During the past 6 years, Advent Technologies Holdings's highest Quick Ratio was 33.09. The lowest was 0.05. And the median was 0.75.

ADNH's Quick Ratio is ranked worse than
95.61% of 3076 companies
in the Industrial Products industry
Industry Median: 1.38 vs ADNH: 0.39

Advent Technologies Holdings  (OTCPK:ADNH) 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.


Advent Technologies Holdings Quick Ratio Related Terms


Advent Technologies Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for Advent Technologies Holdings'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.

Advent Technologies Holdings Quick Ratio Chart

Advent Technologies Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial 0.46 4.79 2.70 0.73 0.09

Advent Technologies Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.05 0.09 0.21 0.23 0.39

ADNH vs LNKS, OZSC, KRFG: Quick Ratio Comparison

For the Electrical Equipment & Parts subindustry, Advent Technologies Holdings'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.


Advent Technologies Holdings Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advent Technologies Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Advent Technologies Holdings's Quick Ratio falls into.



Advent Technologies Holdings 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.

Advent Technologies Holdings's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2.693-0.008)/28.772
=0.09

Advent Technologies Holdings's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.792--5.203)/17.81
=0.39

* 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 0.39 mean?
Advent Technologies Holdings (ADNH) has a Quick Ratio of 0.39 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Advent Technologies Holdings and its competitors. This is 48% below median its historical median of 0.75. Over the past decade, Advent Technologies Holdings' Quick Ratio has ranged from 0.05 to 33.09. According to the industry distribution chart, Advent Technologies Holdings ranks #2941 out of 3076 companies in the Industrial Products industry, placing it in the top 95.6%.
Is Advent Technologies Holdings' Quick Ratio too high?
Advent Technologies Holdings' current Quick Ratio of 0.39 is 48% below median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 33.09. The Industrial Products industry median Quick Ratio is 1.38. Advent Technologies Holdings' value of 0.39 is 71.7% below this industry median. Based on the distribution chart, Advent Technologies Holdings ranks #2941 out of 3076 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does Advent Technologies Holdings' Quick Ratio compare to LNKS and OZSC?
According to the Industrial Products industry distribution chart, Advent Technologies Holdings ranks #2941 out of 3076 companies for Quick Ratio. This places Advent Technologies Holdings in the lower half of its industry. The industry median Quick Ratio is 1.38. Advent Technologies Holdings' value of 0.39 is 71.7% below this benchmark. Historically, Advent Technologies Holdings' own Quick Ratio has ranged from 0.05 to 33.09 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.38, Advent Technologies Holdings 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.38, based on 3,076 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. Advent Technologies Holdings's current Quick Ratio of 0.39 is 71.7% 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 Advent Technologies Holdings and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advent Technologies Holdings's current Quick Ratio is 0.39, which is 48% below median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advent Technologies Holdings stock overvalued right now?
Based on GuruFocus' analysis, Advent Technologies Holdings (ADNH) is currently considered Possible Value Trap. The stock's GF Value™ is $0.06, compared to a current price of $0.00 — trading 99.5% below its estimated fair value. The current Quick Ratio is 0.39, which is 48% below median its 10-year median of 0.75 and 71.7% below the Industrial Products industry median of 1.38. 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 Advent Technologies Holdings (ADNH), the current Quick Ratio is 0.39 as of Sep. 2025. 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.

Advent Technologies Holdings Business Description

Address 5637 La Ribera Street, Suite A, Livermore, CA, USA, 94550
Advent Technologies Holdings Inc is an innovation-driven company in the fuel cell and hydrogen technology space, including liquid hydrogen carriers such as methanol. The company develops, manufactures, and assembles complete fuel cell systems and the critical components that determine the performance of hydrogen fuel cells and other energy systems. It serves automotive; aviation and power generation industries. It generates revenue from the sale of fuel cell systems and the sale of MEAs, membranes, and electrodes for specific applications in the fuel cell and energy storage (flow battery) markets.