Fermi (FRMI) Quick Ratio: 1.02 (As of Mar. 2026) — 60% Below Median


FRMI Fermi Inc FRMI
14 GF Score
Price $8.21
! 1 Warning Sign
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What is Fermi Quick Ratio?

Fermi FRMI +1.86% 14 Quick Ratio is 1.02 as of Mar. 2026, which is 60% below its 10-year median of 2.56. GuruFocus rates FRMI with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 758 REITs companies, Fermi ranks better than 54.88% 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. Fermi's quick ratio for the quarter that ended in Mar. 2026 was 1.02.

Fermi has a quick ratio of 1.02. It generally indicates good short-term financial strength.

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

FRMI' s Quick Ratio Range Over the Past 10 Years
Min: 1.02   Med: 2.56   Max: 7.76
Current: 1.02

During the past 1 years, Fermi's highest Quick Ratio was 7.76. The lowest was 1.02. And the median was 2.56.

FRMI's Quick Ratio is ranked better than
54.88% of 758 companies
in the REITs industry
Industry Median: 0.88 vs FRMI: 1.02

Fermi  (NAS:FRMI) 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.


Fermi Quick Ratio Related Terms


Fermi Quick Ratio Historical Data

* Premium members only.

The historical data trend for Fermi'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.

Fermi Quick Ratio Chart

Fermi Annual Data
Trend Dec25
Quick Ratio
2.31

Fermi Quarterly Data
Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 0.00 7.76 2.81 2.31 1.02

FRMI vs OUT, RYN, EPR: Quick Ratio Comparison

For the REIT - Specialty subindustry, Fermi'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.


Fermi Quick Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Fermi's Quick Ratio distribution charts can be found below:

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


FRMI
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Fermi Inc FRMI
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fermi 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.

Fermi'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
=(408.529-0)/176.572
=2.31

Fermi'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
=(243.293-0)/238.624
=1.02

* 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 1.02 mean?
Fermi (FRMI) has a Quick Ratio of 1.02 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Fermi and its competitors. This is 60% below median its historical median of 2.56. Over the past decade, Fermi's Quick Ratio has ranged from 1.02 to 7.76. According to the industry distribution chart, Fermi ranks #342 out of 758 companies in the REITs industry, placing it in the top 45.1%.
Is Fermi's Quick Ratio too high?
Fermi's current Quick Ratio of 1.02 is 60% below median its 10-year median of 2.56. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 7.76. The REITs industry median Quick Ratio is 0.88. Fermi's value of 1.02 is 15.9% above this industry median. Based on the distribution chart, Fermi ranks #342 out of 758 companies in the REITs industry, which is above the industry midpoint. Overall, Fermi has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Fermi's Quick Ratio compare to OUT and RYN?
According to the REITs industry distribution chart, Fermi ranks #342 out of 758 companies for Quick Ratio. This puts Fermi in the upper half of its industry. The industry median Quick Ratio is 0.88. Fermi's value of 1.02 is 15.9% above this benchmark. Historically, Fermi's own Quick Ratio has ranged from 1.02 to 7.76 over the past decade. While the company's 10-year median is 2.56 vs. the industry median of 0.88, Fermi 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 REITs company?
The median Quick Ratio among REITs companies is 0.88, based on 758 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. Fermi's current Quick Ratio of 1.02 is 15.9% 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 Fermi and its competitors. For the REITs industry, the median Quick Ratio is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fermi's current Quick Ratio is 1.02, which is 60% below median its own 10-year median of 2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fermi stock overvalued right now?
Fermi (FRMI) has a current Quick Ratio of 1.02. The current Quick Ratio is 1.02, which is 60% below median its 10-year median of 2.56 and 15.9% above the REITs industry median of 0.88. Fermi's overall GF Score™ is 14/100 with 1 warning sign 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 Fermi (FRMI), the current Quick Ratio is 1.02 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.

Fermi Business Description

Industry Real EstateREITs
Other Exchanges FRMI:UKH3V:Germany
Address 620 South Taylor Street, Suite 301, Amarillo, TX, USA, 79101
Fermi Inc building a private power campus for AI-centric customers, developing and leasing large-scale, grid-independent energy generation and high-performance computing facilities purpose-built for the hyperscale era. The company is also developing a private energy and site infrastructure platform across the campus to support multiple powered shell buildings and a diversified, integrated power supply, including private power generation and delivery infrastructure, substations, internal distribution networks, water and cooling systems, and other essential infrastructure. In addition to powered shell facilities, it may offer long-term ground leases to tenants that elect to construct their own powered shell facilities on land, with or without integrated power delivery.
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