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Jacktel ASFRA:92Y -0.62%24 Quick Ratio is 1.83 as of Mar. 2026, which is 39% above its 10-year median of 1.32. GuruFocus rates FRA:92Y with a GF Score™ of 24/100. The stock has 9 warning signs investors should review. Among 1,014 Oil & Gas companies, Jacktel AS ranks better than 69.43% 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. Jacktel AS's quick ratio for the quarter that ended in Mar. 2026 was 1.83.
Jacktel AS has a quick ratio of 1.83. It generally indicates good short-term financial strength.
The historical rank and industry rank for Jacktel AS's Quick Ratio or its related term are showing as below:
FRA:92Y'
s Quick Ratio Range Over the Past 10 Years
Min: 0.14 Med: 1.32 Max: 1.94
Current: 1.83
During the past 4 years, Jacktel AS's highest Quick Ratio was 1.94. The lowest was 0.14. And the median was 1.32.
FRA:92Y's Quick Ratio is ranked better than 69.43% of 1014
companies
in the Oil & Gas industry
Industry Median: 1.11
vs FRA:92Y: 1.83
Jacktel AS (FRA:92Y) 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.
Jacktel AS Quick Ratio Related Terms
Jacktel AS Quick Ratio Historical Data
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The historical data trend for Jacktel 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.
For the Oil & Gas Equipment & Services subindustry, Jacktel 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.
Jacktel AS Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Jacktel AS's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Jacktel AS'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.
Jacktel AS's Quick Ratio for the fiscal year that ended in Dec. 2025 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.
Jacktel AS (FRA:92Y) has a Quick Ratio of 1.83 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Jacktel AS and its competitors. This is 39% above median its historical median of 1.32. Over the past decade, Jacktel AS's Quick Ratio has ranged from 0.14 to 1.94. According to the industry distribution chart, Jacktel AS ranks #310 out of 1014 companies in the Oil & Gas industry, placing it in the top 30.6%.
Is Jacktel AS's Quick Ratio too high?
Jacktel AS's current Quick Ratio of 1.83 is 39% above median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 1.94. The Oil & Gas industry median Quick Ratio is 1.11. Jacktel AS's value of 1.83 is 64.9% above this industry median. Based on the distribution chart, Jacktel AS ranks #310 out of 1014 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Jacktel AS has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Jacktel AS's Quick Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Jacktel AS ranks #310 out of 1014 companies for Quick Ratio. This puts Jacktel AS in the upper half of its industry. The industry median Quick Ratio is 1.11. Jacktel AS's value of 1.83 is 64.9% above this benchmark. Historically, Jacktel AS's own Quick Ratio has ranged from 0.14 to 1.94 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.11, Jacktel AS has consistently been above 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 an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.11, based on 1,014 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. Jacktel AS's current Quick Ratio of 1.83 is 64.9% above 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 Jacktel AS and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jacktel AS's current Quick Ratio is 1.83, which is 39% above median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jacktel AS stock overvalued right now?
Jacktel AS (FRA:92Y) has a current Quick Ratio of 1.83. The current Quick Ratio is 1.83, which is 39% above median its 10-year median of 1.32 and 64.9% above the Oil & Gas industry median of 1.11. Jacktel AS's overall GF Score™ is 24/100 with 9 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 Jacktel AS (FRA:92Y), the current Quick Ratio is 1.83 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.
Jacktel AS is a Norway-based company engaged in offshore accommodation services using the vessel Haven. The vessel has accommodation capacity for up to 444 persons and offers high quality accommodation services with single cabins, a range of recreational facilities, offices, hospital facilities, deck cranes, and lifesaving and fire fighting equipment.
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