Future (FRA:FNWA) Quick Ratio: 0.95 (As of Mar. 2026) — 27% Above Median


FRA:FNWA Future PLC FRA:FNWA
61 GF Score
Price €3.34
GF Value €9.42
Valuation Possible Value Trap
! 6 Warning Signs
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What is Future Quick Ratio?

Future FRA:FNWA +1.83% 61 Quick Ratio is 0.95 as of Mar. 2026, which is 27% above its 10-year median of 0.75. GuruFocus rates FRA:FNWA with a GF Score™ of 61/100 and a GF Value™ of €9.42 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,039 Media - Diversified companies, Future ranks worse than 69.39% 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. Future's quick ratio for the quarter that ended in Mar. 2026 was 0.95.

Future has a quick ratio of 0.95. It indicates that the company cannot currently fully pay back its current liabilities.

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

FRA:FNWA' s Quick Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.75   Max: 2.95
Current: 0.95

During the past 13 years, Future's highest Quick Ratio was 2.95. The lowest was 0.44. And the median was 0.75.

FRA:FNWA's Quick Ratio is ranked worse than
69.39% of 1039 companies
in the Media - Diversified industry
Industry Median: 1.46 vs FRA:FNWA: 0.95

Future  (FRA:FNWA) 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.


Future Quick Ratio Related Terms


Future Quick Ratio Historical Data

* Premium members only.

The historical data trend for Future'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.

Future Quick Ratio Chart

Future Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 0.62 0.96 0.69 0.95

Future Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.78 0.69 0.76 0.95 0.95

FRA:FNWA vs NYT, WLY: Quick Ratio Comparison

For the Publishing subindustry, Future'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.


Future Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Future's Quick Ratio distribution charts can be found below:

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


FRA:FNWA
61GF Score
Future PLC FRA:FNWA
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Future 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.

Future's Quick Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Quick Ratio (A: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(172.127-1.497)/179.726
=0.95

Future'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
=(193.068-0)/203.102
=0.95

* 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 0.95 mean?
Future (FRA:FNWA) has a Quick Ratio of 0.95 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Future and its competitors. This is 27% above median its historical median of 0.75. Over the past decade, Future's Quick Ratio has ranged from 0.44 to 2.95. According to the industry distribution chart, Future ranks #721 out of 1039 companies in the Media - Diversified industry, placing it in the top 69.4%.
Is Future's Quick Ratio too high?
Future's current Quick Ratio of 0.95 is 27% above median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 2.95. The Media - Diversified industry median Quick Ratio is 1.46. Future's value of 0.95 is 34.9% below this industry median. Based on the distribution chart, Future ranks #721 out of 1039 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Future has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Future's Quick Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Future ranks #721 out of 1039 companies for Quick Ratio. This places Future in the lower half of its industry. The industry median Quick Ratio is 1.46. Future's value of 0.95 is 34.9% below this benchmark. Historically, Future's own Quick Ratio has ranged from 0.44 to 2.95 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.46, Future 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 Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.46, based on 1,039 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. Future's current Quick Ratio of 0.95 is 34.9% 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 Future and its competitors. For the Media - Diversified industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future's current Quick Ratio is 0.95, which is 27% above median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future stock overvalued right now?
Based on GuruFocus' analysis, Future (FRA:FNWA) is currently considered Possible Value Trap. The stock's GF Value™ is €9.42, compared to a current price of €3.34 — trading 64.5% below its estimated fair value. The current Quick Ratio is 0.95, which is 27% above median its 10-year median of 0.75 and 34.9% below the Media - Diversified industry median of 1.46. Future's overall GF Score™ is 61/100 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 Future (FRA:FNWA), the current Quick Ratio is 0.95 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 Future (FRA:FNWA) Overvalued in 2026?

Based on GuruFocus' analysis, Future stock appears to be undervalued. The current stock price of €3.34 is trading 64.5% below its estimated GF Value™ of €9.42. GuruFocus considers Future to be Possible Value Trap.

Key valuation signals for FRA:FNWA:

  • Quick Ratio: 0.95 (27% above median its 10-year median of 0.75)
  • GF Value™: €9.42 vs. price of €3.34 (64.5% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 34.9% below the Media - Diversified median (#721 of 1039)

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


Future Business Description

Other Exchanges FUTRl:UKFUTR:UK
Address Quay House, The Ambury, Bath, GBR, BA1 1UA
Future PLC is a platform for specialist media underpinned by proprietary technology and enabled by data, with diversified revenue streams. It focuses on various areas which include technology, games, films, music, and photography under brands such as Louder, Tom's Guide, PC Gamer, Digital Camera World, Marie Claire, and others. The company functions through the following divisions; the Media division which generates maximum revenue includes income from digital advertising, affiliate revenue for products, rewards, price comparison and events; and the Magazine division includes revenue associated with digital or printed magazines or bookazines from advertising, to subscriptions, to newstrade. Its reportable segments include the United Kingdom which derives key revenue, and the United States.
61GF Score

Get the complete analysis for FRA:FNWA

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

€3.34
Price
€9.42
GF Value