FSCR (Federal Screw Works) Quick Ratio: 2.04 (As of Dec. 2004)


What is Federal Screw Works Quick Ratio?

Federal Screw Works FSCR -0.27% Quick Ratio is 2.04 as of Dec. 2004.

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. Federal Screw Works's quick ratio for the quarter that ended in Dec. 2004 was 2.04.

Federal Screw Works has a quick ratio of 2.04. It generally indicates good short-term financial strength.

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

FSCR's Quick Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.39
* Ranked among companies with meaningful Quick Ratio only.

Federal Screw Works  (OTCPK:FSCR) 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.


Federal Screw Works Quick Ratio Related Terms


Federal Screw Works Quick Ratio Historical Data

* Premium members only.

The historical data trend for Federal Screw Works'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.

Federal Screw Works Quick Ratio Chart

Federal Screw Works Annual Data
Trend Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.22 1.21 1.37 1.43

Federal Screw Works Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04
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 1.55 1.74 1.43 1.94 2.04

FSCR vs PAOS, PFIN: Quick Ratio Comparison

For the Tools & Accessories subindustry, Federal Screw Works'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.


Federal Screw Works Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Federal Screw Works's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Federal Screw Works's Quick Ratio falls into.



Federal Screw Works 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.

Federal Screw Works's Quick Ratio for the fiscal year that ended in Jun. 2004 is calculated as

Quick Ratio (A: Jun. 2004 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(32.719-15.727)/11.882
=1.43

Federal Screw Works's Quick Ratio for the quarter that ended in Dec. 2004 is calculated as

Quick Ratio (Q: Dec. 2004 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(33.75-17.233)/8.116
=2.04

* 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 2.04 mean?
Federal Screw Works (FSCR) has a Quick Ratio of 2.04 as of Dec. 2004. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Federal Screw Works and its competitors.
Is Federal Screw Works' Quick Ratio too high?
Federal Screw Works' current Quick Ratio is 2.04. The Industrial Products industry median Quick Ratio is 1.39. Federal Screw Works' value of 2.04 is 46.8% above this industry median.
How does Federal Screw Works' Quick Ratio compare to PAOS and PFIN?
Federal Screw Works' Quick Ratio of 2.04 can be compared against companies in the Industrial Products industry. The industry median Quick Ratio is 1.39. Federal Screw Works' value of 2.04 is 46.8% above 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 Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,079 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. Federal Screw Works's current Quick Ratio of 2.04 is 46.8% 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 Federal Screw Works and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal Screw Works's current Quick Ratio is 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Screw Works stock overvalued right now?
Federal Screw Works (FSCR) has a current Quick Ratio of 2.04. The current Quick Ratio is 2.04 and 46.8% above the Industrial Products industry median of 1.39. 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 Federal Screw Works (FSCR), the current Quick Ratio is 2.04 as of Dec. 2004. 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.

Federal Screw Works Business Description

Address 34846 Goddard Road, Romulus, MI, USA, 48174
Federal Screw Works operates as the manufacturer and marketer of industrial component parts. The group offers parts such as locknuts, bolts, piston pins, studs, bushings, shafts, and other machined, cold-formed, hardened, and ground metal parts, which are served by the automobile industry. Its component is used in the products of cold-formed and machined pins and products, close tolerance machined products, engineered nut products, cold-formed tooling, and complex cold-formed products. Geographically all the operations function through the United States.