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Aker Horizons ASA (CHIX:AKHo) 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.
Aker Horizons ASA Quick Ratio Related Terms
Aker Horizons ASA Quick Ratio Historical Data
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The historical data trend for Aker Horizons ASA'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.
Aker Horizons ASA Quick Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Aker Horizons ASA'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.
Aker Horizons ASA Quick Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Aker Horizons ASA's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Aker Horizons ASA'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.
Aker Horizons ASA's Quick Ratio for the fiscal year that ended in Dec. 2024 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.
Aker Horizons ASA (CHIX:AKHO) has a Quick Ratio of 1.10 as of Jun. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Aker Horizons ASA and its competitors. This is 64% below median its historical median of 3.07. Over the past decade, Aker Horizons ASA's Quick Ratio has ranged from 0.22 to 9.70.
Is Aker Horizons ASA's Quick Ratio too high?
Aker Horizons ASA's current Quick Ratio of 1.10 is 64% below median its 10-year median of 3.07. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 9.70. The Utilities - Independent Power Producers industry median Quick Ratio is 1.24. Aker Horizons ASA's value of 1.10 is 10.9% below this industry median. Overall, Aker Horizons ASA has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Aker Horizons ASA's Quick Ratio compare to competitors?
Aker Horizons ASA's Quick Ratio of 1.10 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Quick Ratio is 1.24. Aker Horizons ASA's value of 1.10 is 10.9% below this benchmark. Historically, Aker Horizons ASA's own Quick Ratio has ranged from 0.22 to 9.70 over the past decade. While the company's 10-year median is 3.07 vs. the industry median of 1.24, Aker Horizons ASA 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 an Utilities - Independent Power Producers company?
The median Quick Ratio among Utilities - Independent Power Producers companies is 1.24, based on 446 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. Aker Horizons ASA's current Quick Ratio of 1.10 is 10.9% 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 Aker Horizons ASA and its competitors. For the Utilities - Independent Power Producers industry, the median Quick Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aker Horizons ASA's current Quick Ratio is 1.10, which is 64% below median its own 10-year median of 3.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aker Horizons ASA stock overvalued right now?
Aker Horizons ASA (CHIX:AKHO) has a current Quick Ratio of 1.10. The stock's GF Value™ is kr238.32, compared to a current price of kr1.49 — trading 99.4% below its estimated fair value. The current Quick Ratio is 1.10, which is 64% below median its 10-year median of 3.07 and 10.9% below the Utilities - Independent Power Producers industry median of 1.24. Aker Horizons ASA's overall GF Score™ is 36/100 with 2 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 Aker Horizons ASA (CHIX:AKHO), the current Quick Ratio is 1.10 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.
Is Aker Horizons ASA (CHIX:AKHO) Overvalued in 2026?
Based on GuruFocus' analysis, Aker Horizons ASA stock appears to be undervalued.
The current stock price of kr1.49 is trading 99.4% below its estimated GF Value™ of kr238.32.
Key valuation signals for CHIX:AKHO:
Quick Ratio: 1.10 (64% below median its 10-year median of 3.07)
GF Value™: kr238.32 vs. price of kr1.49 (99.4% below fair value)
Industry Position: 10.9% below the Utilities - Independent Power Producers median
No single metric tells the full story. See the CHIX:AKHO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aker Horizons ASA is an investment management company. It invests in and develops companies within renewable energy sectors and other technologies that make material contributions to reducing emissions or promoting sustainable living. The company's reportable segments are Aker Carbon Capture (ACC), Asset Development (AAD), Mainstream Renewable Power (Mainstream), Aker Horizons and holdings, and Others. Company operates in Australia, Norway, USA, Korea, Ireland, Chile, South Africa, Indonesia, Colombia, Uk, Germany, and other.
36GF Score
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