Bonso Electronics International has a quick ratio of 1.96. It generally indicates good short-term financial strength.
The historical rank and industry rank for Bonso Electronics International's Quick Ratio or its related term are showing as below:
BNSOF's Quick Ratio is not ranked *
in the Hardware industry.
Industry Median: 1.46 * Ranked among companies with meaningful Quick Ratio only.
Bonso Electronics International (OTCPK:BNSOF) 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.
Bonso Electronics International Quick Ratio Related Terms
Bonso Electronics International 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 Scientific & Technical Instruments subindustry, Bonso Electronics International'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.
Bonso Electronics International Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Bonso Electronics International's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Bonso Electronics International's Quick Ratio falls into.
Bonso Electronics International 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.
Bonso Electronics International (BNSOF) has a Quick Ratio of 1.96 as of Sep. 2022. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Bonso Electronics International and its competitors.
Is Bonso Electronics International's Quick Ratio too high?
Bonso Electronics International's current Quick Ratio is 1.96. The Hardware industry median Quick Ratio is 1.46. Bonso Electronics International's value of 1.96 is 34.2% above this industry median. Overall, Bonso Electronics International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Bonso Electronics International's Quick Ratio compare to MIND and SOBR?
Bonso Electronics International's Quick Ratio of 1.96 can be compared against companies in the Hardware industry. The industry median Quick Ratio is 1.46. Bonso Electronics International's value of 1.96 is 34.2% above this benchmark. 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,492 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. Bonso Electronics International's current Quick Ratio of 1.96 is 34.2% 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 Bonso Electronics International and its competitors. For the Hardware 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. Bonso Electronics International's current Quick Ratio is 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonso Electronics International stock overvalued right now?
Bonso Electronics International (BNSOF) has a current Quick Ratio of 1.96. The current Quick Ratio is 1.96 and 34.2% above the Hardware industry median of 1.46. Bonso Electronics International's overall GF Score™ is 16/100. 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 Bonso Electronics International (BNSOF), the current Quick Ratio is 1.96 as of Sep. 2022. 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.
Bonso Electronics International Business Description
Bonso Electronics International Inc mainly designs, develops, produces, and sells electronic sensor-based and wireless products for private label original equipment manufacturers, original brand manufacturers (OBMs), and original design manufacturers. The company has four operating segments: Scales, Others, Pet Electronics Products, and Rental and Management. It generates maximum revenue from the Scales segment. Geographically, the company derives maximum revenue from United States, followed by Germany, and the PRC. It also independently designs and develops electronic products for private label markets. The company rents factory space and equipment to third parties.
16GF Score
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