National Investment Co (DAR:NICO) Quick Ratio: 0.00 (As of . 20)


DAR:NICO National Investment Co Ltd DAR:NICO
36 GF Score
Price TZS3,600.00
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What is National Investment Co Quick Ratio?

National Investment Co DAR:NICO +1.36% 36 Quick Ratio is 0.00 as of . 20. GuruFocus rates DAR:NICO with a GF Score™ of 36/100. Among 706 Asset Management companies, National Investment Co ranks worse than 141642.92% 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. National Investment Co's quick ratio for the quarter that ended in . 20 was 0.00.

National Investment 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 National Investment Co's Quick Ratio or its related term are showing as below:

DAR:NICO's Quick Ratio is not ranked *
in the Asset Management industry.
Industry Median: 2.795
* Ranked among companies with meaningful Quick Ratio only.

National Investment Co  (DAR:NICO) 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.


National Investment Co Quick Ratio Related Terms


National Investment Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for National Investment 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.

National Investment Co Quick Ratio Chart

National Investment Co Annual Data
Trend
Quick Ratio

National Investment Co Semi-Annual Data
Quick Ratio

DAR:NICO vs : Quick Ratio Comparison

For the Asset Management subindustry, National Investment 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.


National Investment Co Quick Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, National Investment Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where National Investment Co's Quick Ratio falls into.


DAR:NICO
36GF Score
National Investment Co Ltd DAR:NICO
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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National Investment Co 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.

National Investment Co's Quick Ratio for the fiscal year that ended in . 20 is calculated as

National Investment Co's Quick Ratio for the quarter 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.00 mean?
National Investment Co (DAR:NICO) 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 National Investment Co and its competitors. According to the industry distribution chart, National Investment Co ranks #999999 out of 706 companies in the Asset Management industry.
Is National Investment Co's Quick Ratio too high?
National Investment Co's current Quick Ratio is 0.00. Based on the distribution chart, National Investment Co ranks #999999 out of 706 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, National Investment Co has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does National Investment Co's Quick Ratio compare to ?
According to the Asset Management industry distribution chart, National Investment Co ranks #999999 out of 706 companies for Quick Ratio. This places National Investment Co in the lower half of its industry. The industry median Quick Ratio is 2.80. 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 Asset Management company?
The median Quick Ratio among Asset Management companies is 2.80, based on 706 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 National Investment Co and its competitors. For the Asset Management industry, the median Quick Ratio is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Investment 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 National Investment Co stock overvalued right now?
National Investment Co (DAR:NICO) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. National Investment Co's overall GF Score™ is 36/100. 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 National Investment Co (DAR:NICO), 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.

National Investment Co Business Description

Comparable Companies
Address 50 Mirambo Street, P.O. Box 7465, Mirambo House, 3rd Floor, Dar es Salaam, TZA
National Investment Co Ltd acquires and manages businesses in manufacturing industries, financial services, telecommunication, agriculture, mining, and services sectors. The company through its subsidiaries is also engaged in custom slaughter.
36GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

TZS3,600.00
Price