Refinaria De Petroleos Manguinhos (BSP:RPMG3) Quick Ratio: 0.51 (As of Jun. 2025)

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BSP:RPMG3 Refinaria De Petroleos Manguinhos SA BSP:RPMG3
50 GF Score
Price R$1.15
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What is Refinaria De Petroleos Manguinhos Quick Ratio?

Refinaria De Petroleos Manguinhos BSP:RPMG3 -1.71% 50 Quick Ratio is 0.51 as of Jun. 2025. GuruFocus rates BSP:RPMG3 with a GF Score™ of 50/100. Among 1,012 Oil & Gas companies, Refinaria De Petroleos Manguinhos ranks worse than 83.4% 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. Refinaria De Petroleos Manguinhos's quick ratio for the quarter that ended in Jun. 2025 was 0.51.

Refinaria De Petroleos Manguinhos has a quick ratio of 0.51. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Refinaria De Petroleos Manguinhos's Quick Ratio or its related term are showing as below:

BSP:RPMG3's Quick Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.11
* Ranked among companies with meaningful Quick Ratio only.

Refinaria De Petroleos Manguinhos  (BSP:RPMG3) 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.


Refinaria De Petroleos Manguinhos Quick Ratio Related Terms


Refinaria De Petroleos Manguinhos Quick Ratio Historical Data

* Premium members only.

The historical data trend for Refinaria De Petroleos Manguinhos'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.

Refinaria De Petroleos Manguinhos Quick Ratio Chart

Refinaria De Petroleos Manguinhos Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.54 0.26 0.34 0.60

Refinaria De Petroleos Manguinhos Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.57 0.60 0.57 0.51

BSP:RPMG3 vs VLO, MPC, PSX: Quick Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Refinaria De Petroleos Manguinhos'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.


Refinaria De Petroleos Manguinhos Quick Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Refinaria De Petroleos Manguinhos's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Refinaria De Petroleos Manguinhos's Quick Ratio falls into.


BSP:RPMG3
50GF Score
Refinaria De Petroleos Manguinhos SA BSP:RPMG3
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Refinaria De Petroleos Manguinhos 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.

Refinaria De Petroleos Manguinhos's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(8268.498-2265.181)/10076.152
=0.60

Refinaria De Petroleos Manguinhos's Quick Ratio for the quarter that ended in Jun. 2025 is calculated as

Quick Ratio (Q: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(9817.361-3209.573)/12948.215
=0.51

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.51 mean?
Refinaria De Petroleos Manguinhos (BSP:RPMG3) has a Quick Ratio of 0.51 as of Jun. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Refinaria De Petroleos Manguinhos and its competitors. According to the industry distribution chart, Refinaria De Petroleos Manguinhos ranks #844 out of 1012 companies in the Oil & Gas industry, placing it in the top 83.4%.
Is Refinaria De Petroleos Manguinhos' Quick Ratio too high?
Refinaria De Petroleos Manguinhos' current Quick Ratio is 0.51. The Oil & Gas industry median Quick Ratio is 1.11. Refinaria De Petroleos Manguinhos' value of 0.51 is 54.1% below this industry median. Based on the distribution chart, Refinaria De Petroleos Manguinhos ranks #844 out of 1012 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Refinaria De Petroleos Manguinhos has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Refinaria De Petroleos Manguinhos' Quick Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Refinaria De Petroleos Manguinhos ranks #844 out of 1012 companies for Quick Ratio. This places Refinaria De Petroleos Manguinhos in the lower half of its industry. The industry median Quick Ratio is 1.11. Refinaria De Petroleos Manguinhos' value of 0.51 is 54.1% below 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 an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.11, based on 1,012 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. Refinaria De Petroleos Manguinhos's current Quick Ratio of 0.51 is 54.1% 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 Refinaria De Petroleos Manguinhos and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Refinaria De Petroleos Manguinhos's current Quick Ratio is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refinaria De Petroleos Manguinhos stock overvalued right now?
Refinaria De Petroleos Manguinhos (BSP:RPMG3) has a current Quick Ratio of 0.51. The current Quick Ratio is 0.51 and 54.1% below the Oil & Gas industry median of 1.11. Refinaria De Petroleos Manguinhos' overall GF Score™ is 50/100. 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 Refinaria De Petroleos Manguinhos (BSP:RPMG3), the current Quick Ratio is 0.51 as of Jun. 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.

Refinaria De Petroleos Manguinhos Business Description

Industry EnergyOil & Gas
Address Avenida Brasil, 3141, Manguinhos, Rio de Janeiro, RJ, BRA, 20930041
Refinaria De Petroleos Manguinhos SA is engaged in the operation of the oil refinery, import, sale and export of crude oil and its derivatives, and provision of services related to the refining activity, among others.
50GF Score

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