Marlin Technology (NAS:FINMW) 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.
Marlin Technology Quick Ratio Related Terms
Marlin Technology Quick Ratio Historical Data
* Premium members only.
The historical data trend for Marlin Technology'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.
For the Shell Companies subindustry, Marlin Technology'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.
Marlin Technology Quick Ratio vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Marlin Technology's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Marlin Technology'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.
Marlin Technology's Quick Ratio for the fiscal year that ended in Dec. 2021 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.
Marlin Technology (FINMW) has a Quick Ratio of 0.14 as of Sep. 2022. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Marlin Technology and its competitors. This is 73% below median its historical median of 0.52. Over the past decade, Marlin Technology's Quick Ratio has ranged from 0.14 to 3.22.
Is Marlin Technology's Quick Ratio too high?
Marlin Technology's current Quick Ratio of 0.14 is 73% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 3.22. The Diversified Financial Services industry median Quick Ratio is 3.08. Marlin Technology's value of 0.14 is 95.5% below this industry median. Overall, Marlin Technology has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Marlin Technology's Quick Ratio compare to AGAC and HHLA?
Marlin Technology's Quick Ratio of 0.14 can be compared against companies in the Diversified Financial Services industry. The industry median Quick Ratio is 3.08. Marlin Technology's value of 0.14 is 95.5% below this benchmark. Historically, Marlin Technology's own Quick Ratio has ranged from 0.14 to 3.22 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 3.08, Marlin Technology 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 a Diversified Financial Services company?
The median Quick Ratio among Diversified Financial Services companies is 3.08, based on 497 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. Marlin Technology's current Quick Ratio of 0.14 is 95.5% 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 Marlin Technology and its competitors. For the Diversified Financial Services industry, the median Quick Ratio is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marlin Technology's current Quick Ratio is 0.14, which is 73% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marlin Technology stock overvalued right now?
Marlin Technology (FINMW) has a current Quick Ratio of 0.14. The current Quick Ratio is 0.14, which is 73% below median its 10-year median of 0.52 and 95.5% below the Diversified Financial Services industry median of 3.08. Marlin Technology's overall GF Score™ is 24/100 with 3 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 Marlin Technology (FINMW), the current Quick Ratio is 0.14 as of Sep. 2022. 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FINMW has been successfully added to your 
