Churchill China (FRA:EQW) Quick Ratio: 2.31 (As of Dec. 2025) — Near Median


FRA:EQW Churchill China PLC FRA:EQW
74 GF Score
Price €3.78
GF Value €10.91
! 4 Warning Signs
View Full Analysis

What is Churchill China Quick Ratio?

Churchill China FRA:EQW 74 Quick Ratio is 2.31 as of Dec. 2025, which is 5% above its 10-year median of 2.21. GuruFocus rates FRA:EQW with a GF Score™ of 74/100 and a GF Value™ of €10.91. The stock has 4 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Churchill China ranks better than 77.88% 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. Churchill China's quick ratio for the quarter that ended in Dec. 2025 was 2.31.

Churchill China has a quick ratio of 2.31. It generally indicates good short-term financial strength.

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

FRA:EQW' s Quick Ratio Range Over the Past 10 Years
Min: 1.74   Med: 2.21   Max: 3.22
Current: 2.31

During the past 13 years, Churchill China's highest Quick Ratio was 3.22. The lowest was 1.74. And the median was 2.21.

FRA:EQW's Quick Ratio is ranked better than
77.88% of 434 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.265 vs FRA:EQW: 2.31

Churchill China  (FRA:EQW) 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.


Churchill China Quick Ratio Related Terms


Churchill China Quick Ratio Historical Data

* Premium members only.

The historical data trend for Churchill China'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.

Churchill China Quick Ratio Chart

Churchill China Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 2.03 1.74 1.94 2.31

Churchill China Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.74 2.09 1.94 2.40 2.31

FRA:EQW vs SN, SGI, MHK: Quick Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Churchill China'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.


Churchill China Quick Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Churchill China's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Churchill China's Quick Ratio falls into.


FRA:EQW
74GF Score
Churchill China PLC FRA:EQW
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Churchill China 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.

Churchill China'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
=(52.11-24.383)/11.998
=2.31

Churchill China's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(52.11-24.383)/11.998
=2.31

* 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 2.31 mean?
Churchill China (FRA:EQW) has a Quick Ratio of 2.31 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Churchill China and its competitors. This is near median its historical median of 2.21. Over the past decade, Churchill China's Quick Ratio has ranged from 1.74 to 3.22. According to the industry distribution chart, Churchill China ranks #96 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 22.1%.
Is Churchill China's Quick Ratio too high?
Churchill China's current Quick Ratio of 2.31 is near median its 10-year median of 2.21. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 3.22. The Furnishings, Fixtures & Appliances industry median Quick Ratio is 1.27. Churchill China's value of 2.31 is 82.6% above this industry median. Based on the distribution chart, Churchill China ranks #96 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Churchill China has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Churchill China's Quick Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Churchill China ranks #96 out of 434 companies for Quick Ratio. This places Churchill China in the top 22% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.27. Churchill China's value of 2.31 is 82.6% above this benchmark. Historically, Churchill China's own Quick Ratio has ranged from 1.74 to 3.22 over the past decade. While the company's 10-year median is 2.21 vs. the industry median of 1.27, Churchill China 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 a Furnishings, Fixtures & Appliances company?
The median Quick Ratio among Furnishings, Fixtures & Appliances companies is 1.27, based on 434 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. Churchill China's current Quick Ratio of 2.31 is 82.6% 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 Churchill China and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Quick Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Churchill China's current Quick Ratio is 2.31, which is near median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Churchill China stock overvalued right now?
Churchill China (FRA:EQW) has a current Quick Ratio of 2.31. The stock's GF Value™ is €10.91, compared to a current price of €3.78 — trading 65.4% below its estimated fair value. The current Quick Ratio is 2.31, which is near median its 10-year median of 2.21 and 82.6% above the Furnishings, Fixtures & Appliances industry median of 1.27. Churchill China's overall GF Score™ is 74/100 with 4 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 Churchill China (FRA:EQW), the current Quick Ratio is 2.31 as of Dec. 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.

Is Churchill China (FRA:EQW) Overvalued in 2026?

Based on GuruFocus' analysis, Churchill China stock appears to be undervalued. The current stock price of €3.78 is trading 65.4% below its estimated GF Value™ of €10.91.

Key valuation signals for FRA:EQW:

  • Quick Ratio: 2.31 (near median its 10-year median of 2.21)
  • GF Value™: €10.91 vs. price of €3.78 (65.4% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 82.6% above the Furnishings, Fixtures & Appliances median (#96 of 434)

No single metric tells the full story. See the FRA:EQW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Churchill China Business Description

Other Exchanges CHH:UK
Address No.1 Marlborough Way, Tunstall, Stoke-on-Trent, Staffordshire, GBR, ST6 5NZ
Churchill China PLC is a British pottery manufacturer. It is a manufacturer and distributor of tabletop products. Its customers include the pub, restaurant and hotel chains, sports and conference venues, health and education establishments and contract caterers. Its segments include Ceramics, the sale of ceramic tableware and complimentary items, and Materials, the sale of materials for the production of ceramics, to the tableware industry, majority of its revenue is generated from Ceramics segment. The company operates in the UK, Rest of Europe, USA and Rest of the World.
74GF Score

Get the complete analysis for FRA:EQW

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.78
Price
€10.91
GF Value