AMM:ASAS's Quick Ratio is not ranked *
in the Building Materials industry.
Industry Median: 1.03 * Ranked among companies with meaningful Quick Ratio only.
Alassas Co for Concrete Industries (AMM:ASAS) 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.
Alassas Co for Concrete Industries Quick Ratio Related Terms
Alassas Co for Concrete Industries Quick Ratio Historical Data
* 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.
Alassas Co for Concrete Industries Quick Ratio Chart
Alassas Co for Concrete Industries Annual Data
Trend
Quick Ratio
Alassas Co for Concrete Industries Semi-Annual Data
Quick Ratio
Alassas Co for Concrete Industries Quick Ratio Competitor Comparison
For the Building Materials subindustry, Alassas Co for Concrete Industries'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.
Alassas Co for Concrete Industries Quick Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Alassas Co for Concrete Industries's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Alassas Co for Concrete Industries's Quick Ratio falls into.
Alassas Co for Concrete Industries 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.
* 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.
Alassas Co for Concrete Industries (AMM:ASAS) has a Quick Ratio of 0.00 as of . 20. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Alassas Co for Concrete Industries and its competitors. According to the industry distribution chart, Alassas Co for Concrete Industries ranks #999999 out of 407 companies in the Building Materials industry.
Is Alassas Co for Concrete Industries' Quick Ratio too high?
Alassas Co for Concrete Industries' current Quick Ratio is 0.00. Based on the distribution chart, Alassas Co for Concrete Industries ranks #999999 out of 407 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Alassas Co for Concrete Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Alassas Co for Concrete Industries' Quick Ratio compare to competitors?
According to the Building Materials industry distribution chart, Alassas Co for Concrete Industries ranks #999999 out of 407 companies for Quick Ratio. This places Alassas Co for Concrete Industries in the lower half of its industry. The industry median Quick Ratio is 1.03. 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 Building Materials company?
The median Quick Ratio among Building Materials companies is 1.03, based on 407 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. 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 Alassas Co for Concrete Industries and its competitors. For the Building Materials industry, the median Quick Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alassas Co for Concrete Industries's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alassas Co for Concrete Industries stock overvalued right now?
Alassas Co for Concrete Industries (AMM:ASAS) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. Alassas Co for Concrete Industries' overall GF Score™ is 12/100 with 2 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 Alassas Co for Concrete Industries (AMM:ASAS), the current Quick Ratio is 0.00 as of . 20. 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.
Alassas Co for Concrete Industries Business Description
Alassas Co for Concrete Industries is engaged in the business of manufacturing bricks of various types and sizes, as well as kerbstones and interlocking tiles in different shapes and sizes. The company uses various materials in its activities, including concrete blocks, seedling trays, prefabricated roofing materials (core hollow slabs), and other materials.
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