Frankland River Olive Co has a quick ratio of 0.54. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Frankland River Olive Co's Quick Ratio or its related term are showing as below:
ASX:FLR'
s Quick Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.17 Max: 0.6
Current: 0.6
During the past 9 years, Frankland River Olive Co's highest Quick Ratio was 0.60. The lowest was 0.04. And the median was 0.17.
ASX:FLR's Quick Ratio is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 1.12
vs ASX:FLR: 0.60
Frankland River Olive Co (ASX:FLR) 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.
Frankland River Olive Co Quick Ratio Related Terms
Frankland River Olive Co 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.
Frankland River Olive Co Quick Ratio Competitor Comparison
For the Farm Products subindustry, Frankland River Olive Co'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.
Frankland River Olive Co Quick Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Frankland River Olive Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Frankland River Olive Co'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.
Frankland River Olive Co's Quick Ratio for the fiscal year that ended in Jun. 2015 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.
Frankland River Olive Co (ASX:FLR) has a Quick Ratio of 0.54 as of Dec. 2015. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Frankland River Olive Co and its competitors. This is 218% above median its historical median of 0.17. Over the past decade, Frankland River Olive Co's Quick Ratio has ranged from 0.04 to 0.60.
Is Frankland River Olive Co's Quick Ratio too high?
Frankland River Olive Co's current Quick Ratio of 0.54 is 218% above median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.60. The Consumer Packaged Goods industry median Quick Ratio is 1.12. Frankland River Olive Co's value of 0.54 is 51.8% below this industry median.
How does Frankland River Olive Co's Quick Ratio compare to competitors?
Frankland River Olive Co's Quick Ratio of 0.54 can be compared against companies in the Consumer Packaged Goods industry. The industry median Quick Ratio is 1.12. Frankland River Olive Co's value of 0.54 is 51.8% below this benchmark. Historically, Frankland River Olive Co's own Quick Ratio has ranged from 0.04 to 0.60 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 1.12, Frankland River Olive Co 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.12, based on 1,987 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. Frankland River Olive Co's current Quick Ratio of 0.54 is 51.8% 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 Frankland River Olive Co and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frankland River Olive Co's current Quick Ratio is 0.54, which is 218% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frankland River Olive Co stock overvalued right now?
Frankland River Olive Co (ASX:FLR) has a current Quick Ratio of 0.54. The current Quick Ratio is 0.54, which is 218% above median its 10-year median of 0.17 and 51.8% below the Consumer Packaged Goods industry median of 1.12. 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 Frankland River Olive Co (ASX:FLR), the current Quick Ratio is 0.54 as of Dec. 2015. 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.
Frankland River Olive Co Ltd was established in 1999. The Company is engaged in growing, harvesting, processing and sale of extra virgin olive oil for Australian and international markets.
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