What is Applied Industrial Technologies Quick Ratio?
Applied Industrial TechnologiesFRA:AT4 +1.53%88 Quick Ratio is 1.97 as of Mar. 2026, which is 6% above its 10-year median of 1.86. GuruFocus rates FRA:AT4 with a GF Score™ of 88/100 and a GF Value™ of €217.86 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 157 Industrial Distribution companies, Applied Industrial Technologies ranks better than 76.43% on this metric.
Applied Industrial Technologies has a quick ratio of 1.97. It generally indicates good short-term financial strength.
The historical rank and industry rank for Applied Industrial Technologies's Quick Ratio or its related term are showing as below:
FRA:AT4'
s Quick Ratio Range Over the Past 10 Years
Min: 1.42 Med: 1.86 Max: 2.74
Current: 1.97
During the past 13 years, Applied Industrial Technologies's highest Quick Ratio was 2.74. The lowest was 1.42. And the median was 1.86.
FRA:AT4's Quick Ratio is ranked better than 76.43% of 157
companies
in the Industrial Distribution industry
Industry Median: 1.22
vs FRA:AT4: 1.97
Applied Industrial Technologies (FRA:AT4) 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.
Applied Industrial Technologies Quick Ratio Related Terms
Applied Industrial Technologies Quick Ratio Historical Data
* 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 Industrial Distribution subindustry, Applied Industrial Technologies'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.
Applied Industrial Technologies Quick Ratio vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Applied Industrial Technologies's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Applied Industrial Technologies's Quick Ratio falls into.
Applied Industrial Technologies 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.
* 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.
Applied Industrial Technologies (FRA:AT4) has a Quick Ratio of 1.97 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Applied Industrial Technologies and its competitors. This is near median its historical median of 1.86. Over the past decade, Applied Industrial Technologies' Quick Ratio has ranged from 1.42 to 2.74. According to the industry distribution chart, Applied Industrial Technologies ranks #37 out of 157 companies in the Industrial Distribution industry, placing it in the top 23.6%.
Is Applied Industrial Technologies' Quick Ratio too high?
Applied Industrial Technologies' current Quick Ratio of 1.97 is near median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 2.74. The Industrial Distribution industry median Quick Ratio is 1.22. Applied Industrial Technologies' value of 1.97 is 61.5% above this industry median. Based on the distribution chart, Applied Industrial Technologies ranks #37 out of 157 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Applied Industrial Technologies has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Industrial Technologies' Quick Ratio compare to QXO and CNM?
According to the Industrial Distribution industry distribution chart, Applied Industrial Technologies ranks #37 out of 157 companies for Quick Ratio. This places Applied Industrial Technologies in the top 24% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.22. Applied Industrial Technologies' value of 1.97 is 61.5% above this benchmark. Historically, Applied Industrial Technologies' own Quick Ratio has ranged from 1.42 to 2.74 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 1.22, Applied Industrial Technologies 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 Industrial Distribution company?
The median Quick Ratio among Industrial Distribution companies is 1.22, based on 157 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. Applied Industrial Technologies's current Quick Ratio of 1.97 is 61.5% 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 Applied Industrial Technologies and its competitors. For the Industrial Distribution industry, the median Quick Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Industrial Technologies's current Quick Ratio is 1.97, which is near median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Industrial Technologies stock overvalued right now?
Based on GuruFocus' analysis, Applied Industrial Technologies (FRA:AT4) is currently considered Modestly Overvalued. The stock's GF Value™ is €217.86, compared to a current price of €278.60 — trading 27.9% above its estimated fair value. The current Quick Ratio is 1.97, which is near median its 10-year median of 1.86 and 61.5% above the Industrial Distribution industry median of 1.22. Applied Industrial Technologies' overall GF Score™ is 88/100 with 6 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 Applied Industrial Technologies (FRA:AT4), the current Quick Ratio is 1.97 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.
Is Applied Industrial Technologies (FRA:AT4) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Industrial Technologies stock appears to be overvalued.
The current stock price of €278.60 is trading 27.9% above its estimated GF Value™ of €217.86.
GuruFocus considers Applied Industrial Technologies to be Modestly Overvalued.
Key valuation signals for FRA:AT4:
Quick Ratio: 1.97 (near median its 10-year median of 1.86)
GF Value™: €217.86 vs. price of €278.60 (27.9% above fair value)
Industry Position: 61.5% above the Industrial Distribution median (#37 of 157)
No single metric tells the full story. See the FRA:AT4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Industrial Technologies Business Description
Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations market and the original equipment manufacturing industry. Further, the company provides engineering and design services for industrial and fluid power applications. The products include bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, safety products, oilfield supplies, and other industrial and maintenance supplies. The company's reportable segments are; Service Center Based Distribution which derives key revenue, and Engineered Solutions. Geographically, the company derives its key revenue from the United States and the rest from Canada and other countries.
88GF Score
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