Proximar Seafood AS (FRA:84Q) Quick Ratio: 0.04 (As of Mar. 2026) — 87% Below Median


FRA:84Q Proximar Seafood AS FRA:84Q
8 GF Score
Price €0.03
! 7 Warning Signs
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What is Proximar Seafood AS Quick Ratio?

Proximar Seafood AS FRA:84Q -54.21% 8 Quick Ratio is 0.04 as of Mar. 2026, which is 87% below its 10-year median of 0.31. GuruFocus rates FRA:84Q with a GF Score™ of 8/100. The stock has 7 warning signs investors should review. Among 1,986 Consumer Packaged Goods companies, Proximar Seafood AS ranks worse than 99.24% 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. Proximar Seafood AS's quick ratio for the quarter that ended in Mar. 2026 was 0.04.

Proximar Seafood AS has a quick ratio of 0.04. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Proximar Seafood AS's Quick Ratio or its related term are showing as below:

FRA:84Q' s Quick Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.31   Max: 47.87
Current: 0.04

During the past 8 years, Proximar Seafood AS's highest Quick Ratio was 47.87. The lowest was 0.02. And the median was 0.31.

FRA:84Q's Quick Ratio is ranked worse than
99.24% of 1986 companies
in the Consumer Packaged Goods industry
Industry Median: 1.12 vs FRA:84Q: 0.04

Proximar Seafood AS  (FRA:84Q) 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.


Proximar Seafood AS Quick Ratio Related Terms


Proximar Seafood AS Quick Ratio Historical Data

* Premium members only.

The historical data trend for Proximar Seafood AS'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.

Proximar Seafood AS Quick Ratio Chart

Proximar Seafood AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 20.66 4.88 0.86 0.07 0.08

Proximar Seafood AS Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.02 0.03 0.08 0.04

FRA:84Q vs ADM, BG, TSN: Quick Ratio Comparison

For the Farm Products subindustry, Proximar Seafood AS'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.


Proximar Seafood AS Quick Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Proximar Seafood AS's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Proximar Seafood AS's Quick Ratio falls into.


FRA:84Q
8GF Score
Proximar Seafood AS FRA:84Q
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Proximar Seafood AS 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.

Proximar Seafood AS's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(19.934-14.466)/67.831
=0.08

Proximar Seafood AS's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(18.734-15.732)/74.836
=0.04

* 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 0.04 mean?
Proximar Seafood AS (FRA:84Q) has a Quick Ratio of 0.04 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Proximar Seafood AS and its competitors. This is 87% below median its historical median of 0.31. Over the past decade, Proximar Seafood AS's Quick Ratio has ranged from 0.02 to 47.87. According to the industry distribution chart, Proximar Seafood AS ranks #1971 out of 1986 companies in the Consumer Packaged Goods industry, placing it in the top 99.2%.
Is Proximar Seafood AS's Quick Ratio too high?
Proximar Seafood AS's current Quick Ratio of 0.04 is 87% below median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 47.87. The Consumer Packaged Goods industry median Quick Ratio is 1.12. Proximar Seafood AS's value of 0.04 is 96.4% below this industry median. Based on the distribution chart, Proximar Seafood AS ranks #1971 out of 1986 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Proximar Seafood AS has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Proximar Seafood AS's Quick Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Proximar Seafood AS ranks #1971 out of 1986 companies for Quick Ratio. This places Proximar Seafood AS in the lower half of its industry. The industry median Quick Ratio is 1.12. Proximar Seafood AS's value of 0.04 is 96.4% below this benchmark. Historically, Proximar Seafood AS's own Quick Ratio has ranged from 0.02 to 47.87 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 1.12, Proximar Seafood AS 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.12, based on 1,986 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. Proximar Seafood AS's current Quick Ratio of 0.04 is 96.4% 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 Proximar Seafood AS and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Proximar Seafood AS's current Quick Ratio is 0.04, which is 87% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proximar Seafood AS stock overvalued right now?
Proximar Seafood AS (FRA:84Q) has a current Quick Ratio of 0.04. The current Quick Ratio is 0.04, which is 87% below median its 10-year median of 0.31 and 96.4% below the Consumer Packaged Goods industry median of 1.12. Proximar Seafood AS's overall GF Score™ is 8/100 with 7 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 Proximar Seafood AS (FRA:84Q), the current Quick Ratio is 0.04 as of Mar. 2026. 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.

Proximar Seafood AS Business Description

Other Exchanges PROXI:Norway
Address Statsminister Michelsens vei 38, Paradis, NOR, 5230
Proximar Seafood AS is a land-based salmon farming company in the process of constructing a fish farm for Atlantic salmon in Japan. It produces Atlantic salmon which involves free of medication and without impact from traditional challenges such as lice and microplastics and the fish is isolated from the marine surrounding environment. The company's fish farming is based on the Recirculating Aquaculture System (RAS)-technology, provided by AquaMaof. The company receives eggs on a monthly basis from the StofnFiskur strain in Iceland. The eggs are hatched, nursed, and farmed at its facility by the foot of Mount Fuji, using locally manufactured feed.
8GF Score

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