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Latitude Group HoldingsASX:LFS +1.12%21 Quick Ratio is 2.40 as of Dec. 2025, which is 22% below its 10-year median of 3.08. GuruFocus rates ASX:LFS with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 398 Credit Services companies, Latitude Group Holdings ranks worse than 60.8% on this metric.
Latitude Group Holdings has a quick ratio of 2.40. It generally indicates good short-term financial strength.
The historical rank and industry rank for Latitude Group Holdings's Quick Ratio or its related term are showing as below:
ASX:LFS'
s Quick Ratio Range Over the Past 10 Years
Min: 2.22 Med: 3.08 Max: 13.89
Current: 2.4
During the past 6 years, Latitude Group Holdings's highest Quick Ratio was 13.89. The lowest was 2.22. And the median was 3.08.
ASX:LFS's Quick Ratio is ranked worse than 60.8% of 398
companies
in the Credit Services industry
Industry Median: 3.995
vs ASX:LFS: 2.40
Latitude Group Holdings (ASX:LFS) 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.
Latitude Group Holdings Quick Ratio Related Terms
Latitude Group Holdings 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.
For the Credit Services subindustry, Latitude Group Holdings'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.
Latitude Group Holdings Quick Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Latitude Group Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Latitude Group Holdings'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.
Latitude Group Holdings'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.
Latitude Group Holdings (ASX:LFS) has a Quick Ratio of 2.40 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Latitude Group Holdings and its competitors. This is 22% below median its historical median of 3.08. Over the past decade, Latitude Group Holdings' Quick Ratio has ranged from 2.22 to 13.89. According to the industry distribution chart, Latitude Group Holdings ranks #242 out of 398 companies in the Credit Services industry, placing it in the top 60.8%.
Is Latitude Group Holdings' Quick Ratio too high?
Latitude Group Holdings' current Quick Ratio of 2.40 is 22% below median its 10-year median of 3.08. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 13.89. The Credit Services industry median Quick Ratio is 4.00. Latitude Group Holdings' value of 2.40 is 39.9% below this industry median. Based on the distribution chart, Latitude Group Holdings ranks #242 out of 398 companies in the Credit Services industry, which is below the industry midpoint. Overall, Latitude Group Holdings has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Latitude Group Holdings' Quick Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Latitude Group Holdings ranks #242 out of 398 companies for Quick Ratio. This places Latitude Group Holdings in the lower half of its industry. The industry median Quick Ratio is 4.00. Latitude Group Holdings' value of 2.40 is 39.9% below this benchmark. Historically, Latitude Group Holdings' own Quick Ratio has ranged from 2.22 to 13.89 over the past decade. While the company's 10-year median is 3.08 vs. the industry median of 4.00, Latitude Group Holdings 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 Credit Services company?
The median Quick Ratio among Credit Services companies is 4.00, based on 398 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. Latitude Group Holdings's current Quick Ratio of 2.40 is 39.9% 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 Latitude Group Holdings and its competitors. For the Credit Services industry, the median Quick Ratio is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Latitude Group Holdings's current Quick Ratio is 2.40, which is 22% below median its own 10-year median of 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Latitude Group Holdings stock overvalued right now?
Latitude Group Holdings (ASX:LFS) has a current Quick Ratio of 2.40. The current Quick Ratio is 2.40, which is 22% below median its 10-year median of 3.08 and 39.9% below the Credit Services industry median of 4.00. Latitude Group Holdings' overall GF Score™ is 21/100 with 1 warning sign 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 Latitude Group Holdings (ASX:LFS), the current Quick Ratio is 2.40 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.
Latitude Group Holdings Ltd is engaged in the instalments and lending business. Its segments include Australia and New Zealand Pay (A&NZ Pay), Australia and New Zealand Money (A&NZ Money), and Other. The A&NZ Pay segment provides sales finance and credit cards. The A&NZ Money segment offers personal loans and motor loans. The Other segment includes other business activities. It provides payment and finance solutions to merchants and their customers. Customers are provided choice and flexibility, ranging from small everyday purchases to monthly or flexible payment plans for bigger purchases and travel credit cards. These services are offered in Australia, New Zealand, and Asia.
21GF Score
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