IDT AustraliaASX:IDT Quick Ratio is 2.38 as of Dec. 2025, which is 16% below its 10-year median of 2.82. The stock has 6 warning signs investors should review. Among 997 Drug Manufacturers companies, IDT Australia ranks better than 69.21% 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. IDT Australia's quick ratio for the quarter that ended in Dec. 2025 was 2.38.
IDT Australia has a quick ratio of 2.38. It generally indicates good short-term financial strength.
The historical rank and industry rank for IDT Australia's Quick Ratio or its related term are showing as below:
ASX:IDT'
s Quick Ratio Range Over the Past 10 Years
Min: 1.12 Med: 2.82 Max: 5.5
Current: 2.38
During the past 13 years, IDT Australia's highest Quick Ratio was 5.50. The lowest was 1.12. And the median was 2.82.
ASX:IDT's Quick Ratio is ranked better than 69.21% of 997
companies
in the Drug Manufacturers industry
Industry Median: 1.45
vs ASX:IDT: 2.38
IDT Australia (ASX:IDT) 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.
IDT Australia Quick Ratio Related Terms
IDT Australia Quick Ratio Historical Data
* Premium members only.
The historical data trend for IDT Australia'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.
For the Drug Manufacturers - Specialty & Generic subindustry, IDT Australia'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.
IDT Australia Quick Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, IDT Australia's Quick Ratio distribution charts can be found below:
* The bar in red indicates where IDT Australia'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.
IDT Australia's Quick Ratio for the fiscal year that ended in Jun. 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.
IDT Australia (ASX:IDT) has a Quick Ratio of 2.38 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on IDT Australia and its competitors. This is 16% below median its historical median of 2.82. Over the past decade, IDT Australia's Quick Ratio has ranged from 1.12 to 5.50. According to the industry distribution chart, IDT Australia ranks #307 out of 997 companies in the Drug Manufacturers industry, placing it in the top 30.8%.
Is IDT Australia's Quick Ratio too high?
IDT Australia's current Quick Ratio of 2.38 is 16% below median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 5.50. The Drug Manufacturers industry median Quick Ratio is 1.45. IDT Australia's value of 2.38 is 64.1% above this industry median. Based on the distribution chart, IDT Australia ranks #307 out of 997 companies in the Drug Manufacturers industry, which is above the industry midpoint.
How does IDT Australia's Quick Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, IDT Australia ranks #307 out of 997 companies for Quick Ratio. This puts IDT Australia in the upper half of its industry. The industry median Quick Ratio is 1.45. IDT Australia's value of 2.38 is 64.1% above this benchmark. Historically, IDT Australia's own Quick Ratio has ranged from 1.12 to 5.50 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 1.45, IDT Australia has consistently been above 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 Drug Manufacturers company?
The median Quick Ratio among Drug Manufacturers companies is 1.45, based on 997 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. IDT Australia's current Quick Ratio of 2.38 is 64.1% above 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 IDT Australia and its competitors. For the Drug Manufacturers industry, the median Quick Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IDT Australia's current Quick Ratio is 2.38, which is 16% below median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IDT Australia stock overvalued right now?
Based on GuruFocus' analysis, IDT Australia (ASX:IDT) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.17, compared to a current price of A$0.03 — trading 80.6% below its estimated fair value. The current Quick Ratio is 2.38, which is 16% below median its 10-year median of 2.82 and 64.1% above the Drug Manufacturers industry median of 1.45. 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 IDT Australia (ASX:IDT), the current Quick Ratio is 2.38 as of Dec. 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.
IDT Australia Ltd produces, develops, and supplies pharmaceutical products. It is engaged in the provision of research and development and other technical services for the pharmaceutical and allied industries. The company is involved in the manufacture of Active Pharmaceutical Ingredients (API) and Finished Dose Forms (FDF), microbiological and analytical testing, clinical packaging, and pharmacy services. The company operates in Australia, Asia, Europe, and the USA.
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