Meyer Burger Technology AG has a quick ratio of 1.07. It generally indicates good short-term financial strength.
The historical rank and industry rank for Meyer Burger Technology AG's Quick Ratio or its related term are showing as below:
CHIX:MBTNz's Quick Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 1.85 * Ranked among companies with meaningful Quick Ratio only.
Meyer Burger Technology AG (CHIX:MBTNz) 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.
Meyer Burger Technology AG Quick Ratio Related Terms
Meyer Burger Technology AG 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.
CHIX:MBTNZ vs FSLR, NXT, ENPH: Quick Ratio Comparison
For the Solar subindustry, Meyer Burger Technology AG'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.
Meyer Burger Technology AG Quick Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Meyer Burger Technology AG's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Meyer Burger Technology AG's Quick Ratio falls into.
Meyer Burger Technology AG 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.
Meyer Burger Technology AG (CHIX:MBTNZ) has a Quick Ratio of 1.07 as of Jun. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Meyer Burger Technology AG and its competitors.
Is Meyer Burger Technology AG's Quick Ratio too high?
Meyer Burger Technology AG's current Quick Ratio is 1.07. The Semiconductors industry median Quick Ratio is 1.85. Meyer Burger Technology AG's value of 1.07 is 42.2% below this industry median. Overall, Meyer Burger Technology AG has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Meyer Burger Technology AG's Quick Ratio compare to FSLR and NXT?
Meyer Burger Technology AG's Quick Ratio of 1.07 can be compared against companies in the Semiconductors industry. The industry median Quick Ratio is 1.85. Meyer Burger Technology AG's value of 1.07 is 42.2% 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 a Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.85, based on 1,028 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. Meyer Burger Technology AG's current Quick Ratio of 1.07 is 42.2% 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 Meyer Burger Technology AG and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meyer Burger Technology AG's current Quick Ratio is 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meyer Burger Technology AG stock overvalued right now?
Meyer Burger Technology AG (CHIX:MBTNZ) has a current Quick Ratio of 1.07. The current Quick Ratio is 1.07 and 42.2% below the Semiconductors industry median of 1.85. Meyer Burger Technology AG's overall GF Score™ is 4/100. 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 Meyer Burger Technology AG (CHIX:MBTNZ), the current Quick Ratio is 1.07 as of Jun. 2024. 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.
Meyer Burger Technology AG operates in the technology sector of Switzerland. Its business involves building equipment to produce solar cells, modules, and systems. Meyer's activities are divided into reportable segments, Photovoltaics, and Modules. The company generates maximum revenue from Modules Segment whose product range includes efficient solar modules for roof systems in the private and commercial sector as well as solutions for the solar power plant segment. The company derives the majority of its revenue from Germany.
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