NMDC Energy PJSCADX:NMDCENR +0.70%29 Quick Ratio is 1.11 as of Mar. 2026, which is 4% below its 10-year median of 1.16. GuruFocus rates ADX:NMDCENR with a GF Score™ of 29/100. The stock has 4 warning signs investors should review. Among 1,011 Oil & Gas companies, NMDC Energy PJSC ranks worse than 50.05% on this metric.
NMDC Energy PJSC has a quick ratio of 1.11. It generally indicates good short-term financial strength.
The historical rank and industry rank for NMDC Energy PJSC's Quick Ratio or its related term are showing as below:
ADX:NMDCENR'
s Quick Ratio Range Over the Past 10 Years
Min: 1.11 Med: 1.16 Max: 1.29
Current: 1.11
During the past 3 years, NMDC Energy PJSC's highest Quick Ratio was 1.29. The lowest was 1.11. And the median was 1.16.
ADX:NMDCENR's Quick Ratio is ranked worse than 50.05% of 1011
companies
in the Oil & Gas industry
Industry Median: 1.11
vs ADX:NMDCENR: 1.11
NMDC Energy PJSC (ADX:NMDCENR) 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.
NMDC Energy PJSC Quick Ratio Related Terms
NMDC Energy PJSC Quick Ratio Historical Data
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The historical data trend for NMDC Energy PJSC'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.
ADX:NMDCENR vs COP, EOG, FANG: Quick Ratio Comparison
For the Oil & Gas E&P subindustry, NMDC Energy PJSC'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.
NMDC Energy PJSC Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NMDC Energy PJSC's Quick Ratio distribution charts can be found below:
* The bar in red indicates where NMDC Energy PJSC'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.
NMDC Energy PJSC'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.
NMDC Energy PJSC (ADX:NMDCENR) has a Quick Ratio of 1.11 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on NMDC Energy PJSC and its competitors. This is near median its historical median of 1.16. Over the past decade, NMDC Energy PJSC's Quick Ratio has ranged from 1.11 to 1.29. According to the industry distribution chart, NMDC Energy PJSC ranks #506 out of 1011 companies in the Oil & Gas industry, placing it in the top 50%.
Is NMDC Energy PJSC's Quick Ratio too high?
NMDC Energy PJSC's current Quick Ratio of 1.11 is near median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 1.29. The Oil & Gas industry median Quick Ratio is 1.11. NMDC Energy PJSC's value of 1.11 is 0% at this industry median. Based on the distribution chart, NMDC Energy PJSC ranks #506 out of 1011 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, NMDC Energy PJSC has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does NMDC Energy PJSC's Quick Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, NMDC Energy PJSC ranks #506 out of 1011 companies for Quick Ratio. This puts NMDC Energy PJSC in the upper half of its industry. The industry median Quick Ratio is 1.11. NMDC Energy PJSC's value of 1.11 is 0% at this benchmark. Historically, NMDC Energy PJSC's own Quick Ratio has ranged from 1.11 to 1.29 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 1.11, NMDC Energy PJSC has consistently been at 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 Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.11, based on 1,011 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. NMDC Energy PJSC's current Quick Ratio of 1.11 is 0% at 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 NMDC Energy PJSC and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMDC Energy PJSC's current Quick Ratio is 1.11, which is near median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMDC Energy PJSC stock overvalued right now?
NMDC Energy PJSC (ADX:NMDCENR) has a current Quick Ratio of 1.11. The current Quick Ratio is 1.11, which is near median its 10-year median of 1.16 and 0% at the Oil & Gas industry median of 1.11. NMDC Energy PJSC's overall GF Score™ is 29/100 with 4 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 NMDC Energy PJSC (ADX:NMDCENR), the current Quick Ratio is 1.11 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.
NMDC Energy PJSC is engaged in engineering, procurement, and construction solutions for clients in the onshore and offshore oil and gas sectors. Its projects include MERAM, Umm Lulu full field development, Estidama, Satah full field development, and others projects. The Group has aggregated its geographical segments into UAE and International. UAE segment includes projects in the UAE, while international segment includes operations in Kingdom of Saudi Arabia, Bahrain, India, Taiwan, and Kuwait.
29GF Score
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