FIT (Fitness Fanatics) Quick Ratio: 0.62 (As of Jun. 2025)


What is Fitness Fanatics Quick Ratio?

Fitness Fanatics FIT Quick Ratio is 0.62 as of Jun. 2025.

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. Fitness Fanatics's quick ratio for the quarter that ended in Jun. 2025 was 0.62.

Fitness Fanatics has a quick ratio of 0.62. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Fitness Fanatics's Quick Ratio or its related term are showing as below:

FIT's Quick Ratio is not ranked *
in the Retail - Defensive industry.
Industry Median: 0.87
* Ranked among companies with meaningful Quick Ratio only.

Fitness Fanatics  (NAS:FIT) 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.


Fitness Fanatics Quick Ratio Related Terms


Fitness Fanatics Quick Ratio Historical Data

* Premium members only.

The historical data trend for Fitness Fanatics'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.

Fitness Fanatics Quick Ratio Chart

Fitness Fanatics Annual Data
Trend Dec23 Dec24
Quick Ratio
0.35 0.65

Fitness Fanatics Semi-Annual Data
Dec23 Jun24 Dec24 Jun25
Quick Ratio 0.35 0.00 0.65 0.62

FIT vs : Quick Ratio Comparison

For the Food Distribution subindustry, Fitness Fanatics'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.


Fitness Fanatics Quick Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Fitness Fanatics's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Fitness Fanatics's Quick Ratio falls into.



Fitness Fanatics 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.

Fitness Fanatics'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
=(9.896-4.087)/8.912
=0.65

Fitness Fanatics'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
=(9.542-4.191)/8.614
=0.62

* 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 0.62 mean?
Fitness Fanatics (FIT) has a Quick Ratio of 0.62 as of Jun. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Fitness Fanatics and its competitors.
Is Fitness Fanatics' Quick Ratio too high?
Fitness Fanatics' current Quick Ratio is 0.62. The Retail - Defensive industry median Quick Ratio is 0.87. Fitness Fanatics' value of 0.62 is 28.7% below this industry median.
How does Fitness Fanatics' Quick Ratio compare to ?
Fitness Fanatics' Quick Ratio of 0.62 can be compared against companies in the Retail - Defensive industry. The industry median Quick Ratio is 0.87. Fitness Fanatics' value of 0.62 is 28.7% 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 Retail - Defensive company?
The median Quick Ratio among Retail - Defensive companies is 0.87, based on 312 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. Fitness Fanatics's current Quick Ratio of 0.62 is 28.7% 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 Fitness Fanatics and its competitors. For the Retail - Defensive industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fitness Fanatics's current Quick Ratio is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fitness Fanatics stock overvalued right now?
Fitness Fanatics (FIT) has a current Quick Ratio of 0.62. The current Quick Ratio is 0.62 and 28.7% below the Retail - Defensive industry median of 0.87. 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 Fitness Fanatics (FIT), the current Quick Ratio is 0.62 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.

Fitness Fanatics Business Description

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Address 31-35 Shan Mei Street, Flat 15, Block F, UG/F, Wah Lok Industrial Centre, Fo Tan, New Territories, Hong Kong, HKG
Fitness Fanatics Ltd is an investment holding company. The Company distributes and sells sports nutrition products through a B2C model via online stores, vending machines, and third-party e-commerce platforms, and through a B2B model by supplying products to wholesalers and retailers across Hong Kong, Mainland China, and Malaysia. distributed/sold over 30 brands of sports nutrition products supplied by 10 brand owners and over 10 distributors and have over 300 stock keeping units, or SKUs in the following three main categories: protein powder, such as whey, casein, isolate and plant-based protein; ready-to-eat snacks and packaged drinks, such as healthy/functional low-calorie and low-sugar protein bars, high protein milkshakes and carbonated energy drinks; and other products.