ALTB (Alpine Auto Brokers) Quick Ratio: 0.93 (As of Dec. 2024) — 55% Above Median


ALTB Alpine Auto Brokers Inc ALTB
32 GF Score
Price $5.98
! 4 Warning Signs
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What is Alpine Auto Brokers Quick Ratio?

Alpine Auto Brokers ALTB +8.73% 32 Quick Ratio is 0.93 as of Dec. 2024, which is 55% above its 10-year median of 0.60. GuruFocus rates ALTB with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 1,334 Vehicles & Parts companies, Alpine Auto Brokers ranks worse than 58.32% 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. Alpine Auto Brokers's quick ratio for the quarter that ended in Dec. 2024 was 0.93.

Alpine Auto Brokers has a quick ratio of 0.93. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Alpine Auto Brokers's Quick Ratio or its related term are showing as below:

ALTB' s Quick Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.6   Max: 0.93
Current: 0.93

During the past 7 years, Alpine Auto Brokers's highest Quick Ratio was 0.93. The lowest was 0.48. And the median was 0.60.

ALTB's Quick Ratio is ranked worse than
58.32% of 1334 companies
in the Vehicles & Parts industry
Industry Median: 1.06 vs ALTB: 0.93

Alpine Auto Brokers  (OTCPK:ALTB) 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.


Alpine Auto Brokers Quick Ratio Related Terms


Alpine Auto Brokers Quick Ratio Historical Data

* Premium members only.

The historical data trend for Alpine Auto Brokers'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.

Alpine Auto Brokers Quick Ratio Chart

Alpine Auto Brokers Annual Data
Trend Dec14 Dec15 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.60 0.93

Alpine Auto Brokers Semi-Annual Data
Dec14 Dec15 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio Get a 7-Day Free Trial 0.00 0.00 0.00 0.60 0.93

ALTB vs KMX, LAD, AN: Quick Ratio Comparison

For the Auto & Truck Dealerships subindustry, Alpine Auto Brokers'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.


Alpine Auto Brokers Quick Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Alpine Auto Brokers's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Alpine Auto Brokers's Quick Ratio falls into.


ALTB
32GF Score
Alpine Auto Brokers Inc ALTB
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpine Auto Brokers 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.

Alpine Auto Brokers'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
=(4.905-0.175)/5.082
=0.93

Alpine Auto Brokers's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4.905-0.175)/5.082
=0.93

* 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 0.93 mean?
Alpine Auto Brokers (ALTB) has a Quick Ratio of 0.93 as of Dec. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Alpine Auto Brokers and its competitors. This is 55% above median its historical median of 0.60. Over the past decade, Alpine Auto Brokers' Quick Ratio has ranged from 0.48 to 0.93. According to the industry distribution chart, Alpine Auto Brokers ranks #778 out of 1334 companies in the Vehicles & Parts industry, placing it in the top 58.3%.
Is Alpine Auto Brokers' Quick Ratio too high?
Alpine Auto Brokers' current Quick Ratio of 0.93 is 55% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 0.93. The Vehicles & Parts industry median Quick Ratio is 1.06. Alpine Auto Brokers' value of 0.93 is 12.3% below this industry median. Based on the distribution chart, Alpine Auto Brokers ranks #778 out of 1334 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Alpine Auto Brokers has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Alpine Auto Brokers' Quick Ratio compare to KMX and LAD?
According to the Vehicles & Parts industry distribution chart, Alpine Auto Brokers ranks #778 out of 1334 companies for Quick Ratio. This places Alpine Auto Brokers in the lower half of its industry. The industry median Quick Ratio is 1.06. Alpine Auto Brokers' value of 0.93 is 12.3% below this benchmark. Historically, Alpine Auto Brokers' own Quick Ratio has ranged from 0.48 to 0.93 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.06, Alpine Auto Brokers 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 Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.06, based on 1,334 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. Alpine Auto Brokers's current Quick Ratio of 0.93 is 12.3% 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 Alpine Auto Brokers and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpine Auto Brokers's current Quick Ratio is 0.93, which is 55% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpine Auto Brokers stock overvalued right now?
Alpine Auto Brokers (ALTB) has a current Quick Ratio of 0.93. The current Quick Ratio is 0.93, which is 55% above median its 10-year median of 0.60 and 12.3% below the Vehicles & Parts industry median of 1.06. Alpine Auto Brokers' overall GF Score™ is 32/100 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 Alpine Auto Brokers (ALTB), the current Quick Ratio is 0.93 as of Dec. 2024. 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.

Alpine Auto Brokers Business Description

Address 1185 Avenue of the Americas, 3rd Floor, New York, NY, USA, 10036
Alpine Auto Brokers Inc through its subsidiary currently states its business as planting, production, research and development and sales of roxburghii related products, and exploration and development of mineral resource projects.
32GF Score

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