Nine Entertainment Co. Holdings has a quick ratio of 1.13. It generally indicates good short-term financial strength.
The historical rank and industry rank for Nine Entertainment Co. Holdings's Quick Ratio or its related term are showing as below:
ASX:NEC'
s Quick Ratio Range Over the Past 10 Years
Min: 0.62 Med: 1.13 Max: 1.9
Current: 1.13
During the past 12 years, Nine Entertainment Co. Holdings's highest Quick Ratio was 1.90. The lowest was 0.62. And the median was 1.13.
ASX:NEC's Quick Ratio is ranked worse than 61.79% of 1039
companies
in the Media - Diversified industry
Industry Median: 1.46
vs ASX:NEC: 1.13
Nine Entertainment Co. Holdings (ASX:NEC) 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.
Nine Entertainment Co. Holdings Quick Ratio Related Terms
Nine Entertainment Co. 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 Entertainment subindustry, Nine Entertainment Co. 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.
Nine Entertainment Co. Holdings Quick Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nine Entertainment Co. Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Nine Entertainment Co. Holdings's Quick Ratio falls into.
Nine Entertainment Co. Holdings 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.
Nine Entertainment Co. Holdings (ASX:NEC) has a Quick Ratio of 1.13 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Nine Entertainment Co. Holdings and its competitors. This is near median its historical median of 1.13. Over the past decade, Nine Entertainment Co. Holdings' Quick Ratio has ranged from 0.62 to 1.90. According to the industry distribution chart, Nine Entertainment Co. Holdings ranks #642 out of 1039 companies in the Media - Diversified industry, placing it in the top 61.8%.
Is Nine Entertainment Co. Holdings' Quick Ratio too high?
Nine Entertainment Co. Holdings' current Quick Ratio of 1.13 is near median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.90. The Media - Diversified industry median Quick Ratio is 1.46. Nine Entertainment Co. Holdings' value of 1.13 is 22.6% below this industry median. Based on the distribution chart, Nine Entertainment Co. Holdings ranks #642 out of 1039 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Nine Entertainment Co. Holdings has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nine Entertainment Co. Holdings' Quick Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Nine Entertainment Co. Holdings ranks #642 out of 1039 companies for Quick Ratio. This places Nine Entertainment Co. Holdings in the lower half of its industry. The industry median Quick Ratio is 1.46. Nine Entertainment Co. Holdings' value of 1.13 is 22.6% below this benchmark. Historically, Nine Entertainment Co. Holdings' own Quick Ratio has ranged from 0.62 to 1.90 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.46, Nine Entertainment Co. 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 Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.46, based on 1,039 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. Nine Entertainment Co. Holdings's current Quick Ratio of 1.13 is 22.6% 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 Nine Entertainment Co. Holdings and its competitors. For the Media - Diversified industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nine Entertainment Co. Holdings's current Quick Ratio is 1.13, which is near median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nine Entertainment Co. Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nine Entertainment Co. Holdings (ASX:NEC) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.34, compared to a current price of A$0.88 — trading 34.3% below its estimated fair value. The current Quick Ratio is 1.13, which is near median its 10-year median of 1.13 and 22.6% below the Media - Diversified industry median of 1.46. Nine Entertainment Co. Holdings' overall GF Score™ is 73/100 with 6 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 Nine Entertainment Co. Holdings (ASX:NEC), the current Quick Ratio is 1.13 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.
Is Nine Entertainment Co. Holdings (ASX:NEC) Overvalued in 2026?
Based on GuruFocus' analysis, Nine Entertainment Co. Holdings stock appears to be undervalued.
The current stock price of A$0.88 is trading 34.3% below its estimated GF Value™ of A$1.34.
GuruFocus considers Nine Entertainment Co. Holdings to be Possible Value Trap.
Key valuation signals for ASX:NEC:
Quick Ratio: 1.13 (near median its 10-year median of 1.13)
GF Value™: A$1.34 vs. price of A$0.88 (34.3% below fair value)
Industry Position: 22.6% below the Media - Diversified median (#642 of 1039)
No single metric tells the full story. See the ASX:NEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nine Entertainment Co. Holdings Business Description
Nine Entertainment is the largest media conglomerate in Australia. It operates Nine Network, a free-to-air TV network across five capital cities, as well as in a number of regional areas. It owns 9Now, a leading broadcast video on demand, or BVOD, business. Its publishing unit is the second-largest newspaper group in Australia with key mastheads such as Australian Financial Review, Sydney Morning Herald, and The Age. Nine also operates a leading domestic-owned subscription video on demand, or SVOD, business in Australia called Stan, and a talk-based radio network. In March 2026, Nine completed the purchase of outdoor advertising entity QMS Media for AUD 850 million.
73GF Score
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