Sipex CoBSE:SPX -0.80%29 Quick Ratio is 0.00 as of . 20. GuruFocus rates BSE:SPX with a GF Score™ of 29/100. The stock has 1 warning sign investors should review. Among 407 Building Materials companies, Sipex Co ranks worse than 245700% 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. Sipex Co's quick ratio for the quarter that ended in . 20 was 0.00.
Sipex Co has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Sipex Co's Quick Ratio or its related term are showing as below:
BSE:SPX's Quick Ratio is not ranked *
in the Building Materials industry.
Industry Median: 1.03 * Ranked among companies with meaningful Quick Ratio only.
Sipex Co (BSE:SPX) 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.
Sipex Co Quick Ratio Related Terms
Sipex Co Quick Ratio Historical Data
* Premium members only.
The historical data trend for Sipex Co'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.
Sipex Co Quick Ratio Chart
Sipex Co Annual Data
Trend
Quick Ratio
Sipex Co Semi-Annual Data
Quick Ratio
BSE:SPX vs CRH, VMC, MLM: Quick Ratio Comparison
For the Building Materials subindustry, Sipex 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.
Sipex Co Quick Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Sipex Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Sipex 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.
Sipex Co's Quick Ratio for the fiscal year that ended in . 20 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.
Sipex Co (BSE:SPX) has a Quick Ratio of 0.00 as of . 20. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Sipex Co and its competitors. According to the industry distribution chart, Sipex Co ranks #999999 out of 407 companies in the Building Materials industry.
Is Sipex Co's Quick Ratio too high?
Sipex Co's current Quick Ratio is 0.00. Based on the distribution chart, Sipex Co ranks #999999 out of 407 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Sipex Co has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Sipex Co's Quick Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Sipex Co ranks #999999 out of 407 companies for Quick Ratio. This places Sipex Co in the lower half of its industry. The industry median Quick Ratio is 1.03. 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 Building Materials company?
The median Quick Ratio among Building Materials companies is 1.03, based on 407 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. 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 Sipex Co and its competitors. For the Building Materials industry, the median Quick Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sipex Co's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sipex Co stock overvalued right now?
Sipex Co (BSE:SPX) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. Sipex Co's overall GF Score™ is 29/100 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 Sipex Co (BSE:SPX), the current Quick Ratio is 0.00 as of . 20. 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.
Sipex Co SA engages in the distribution of construction materials and finishes. It offers a wide range of such products, and also technical and related consulting services.
29GF Score
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