Century Sunshine Group Holdings (FRA:CSI0) Quick Ratio: 0.29 (As of Jun. 2024)


FRA:CSI0 Century Sunshine Group Holdings Ltd FRA:CSI0
11 GF Score
Price €0.01
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What is Century Sunshine Group Holdings Quick Ratio?

Century Sunshine Group Holdings FRA:CSI0 11 Quick Ratio is 0.29 as of Jun. 2024. GuruFocus rates FRA:CSI0 with a GF Score™ of 11/100.

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. Century Sunshine Group Holdings's quick ratio for the quarter that ended in Jun. 2024 was 0.29.

Century Sunshine Group Holdings has a quick ratio of 0.29. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Century Sunshine Group Holdings's Quick Ratio or its related term are showing as below:

FRA:CSI0's Quick Ratio is not ranked *
in the Agriculture industry.
Industry Median: 1.01
* Ranked among companies with meaningful Quick Ratio only.

Century Sunshine Group Holdings  (FRA:CSI0) 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.


Century Sunshine Group Holdings Quick Ratio Related Terms


Century Sunshine Group Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for Century Sunshine Group Holdings'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.

Century Sunshine Group Holdings Quick Ratio Chart

Century Sunshine Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.44 0.29 0.16 0.32

Century Sunshine Group Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.20 0.16 0.14 0.32 0.29

FRA:CSI0 vs CTVA, CF, MOS: Quick Ratio Comparison

For the Agricultural Inputs subindustry, Century Sunshine Group Holdings'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.


Century Sunshine Group Holdings Quick Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Century Sunshine Group Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Century Sunshine Group Holdings's Quick Ratio falls into.


FRA:CSI0
11GF Score
Century Sunshine Group Holdings Ltd FRA:CSI0
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Century Sunshine Group Holdings 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.

Century Sunshine Group Holdings's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(67.805-14.401)/167.272
=0.32

Century Sunshine Group Holdings's Quick Ratio for the quarter that ended in Jun. 2024 is calculated as

Quick Ratio (Q: Jun. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(61.341-13.576)/166.63
=0.29

* 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 0.29 mean?
Century Sunshine Group Holdings (FRA:CSI0) has a Quick Ratio of 0.29 as of Jun. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Century Sunshine Group Holdings and its competitors.
Is Century Sunshine Group Holdings' Quick Ratio too high?
Century Sunshine Group Holdings' current Quick Ratio is 0.29. The Agriculture industry median Quick Ratio is 1.01. Century Sunshine Group Holdings' value of 0.29 is 71.3% below this industry median. Overall, Century Sunshine Group Holdings has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Century Sunshine Group Holdings' Quick Ratio compare to CTVA and CF?
Century Sunshine Group Holdings' Quick Ratio of 0.29 can be compared against companies in the Agriculture industry. The industry median Quick Ratio is 1.01. Century Sunshine Group Holdings' value of 0.29 is 71.3% 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 an Agriculture company?
The median Quick Ratio among Agriculture companies is 1.01, based on 261 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. Century Sunshine Group Holdings's current Quick Ratio of 0.29 is 71.3% 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 Century Sunshine Group Holdings and its competitors. For the Agriculture industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Century Sunshine Group Holdings's current Quick Ratio is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Century Sunshine Group Holdings stock overvalued right now?
Century Sunshine Group Holdings (FRA:CSI0) has a current Quick Ratio of 0.29. The current Quick Ratio is 0.29 and 71.3% below the Agriculture industry median of 1.01. Century Sunshine Group Holdings' overall GF Score™ is 11/100. 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 Century Sunshine Group Holdings (FRA:CSI0), the current Quick Ratio is 0.29 as of Jun. 2024. 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.

Century Sunshine Group Holdings Business Description

Address The Gateway, 16th Floor, Tower 5, Harbour City, Kowloon, Tsim Sha Tsui, Hong Kong, HKG
Century Sunshine Group Holdings Ltd is an investment holding company. The company and its subsidiaries are engaged in the magnesium products business, which generates key revenue, fertilizer business, and metallurgical flux business. The Magnesium product segment is engaged in the manufacture and sales of magnesium alloys. The Metallurgical Flux segment is engaged in the sales of metallurgical flux, such as serpentine, and the Fertilizer segment is engaged in the production and sales of fertilizers, including organic fertilizers and compound fertilizers. The revenue is mainly derived from China.
11GF Score

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