First Ship Lease TrustFSLUF Quick Ratio is 40.32 as of Dec. 2025, which is 1072% above its 10-year median of 3.44. The stock has 2 warning signs investors should review. Among 1,092 Business Services companies, First Ship Lease Trust ranks better than 99.08% on this metric.
First Ship Lease Trust has a quick ratio of 40.32. It generally indicates good short-term financial strength.
The historical rank and industry rank for First Ship Lease Trust's Quick Ratio or its related term are showing as below:
FSLUF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.21 Med: 3.44 Max: 40.3
Current: 40.3
During the past 13 years, First Ship Lease Trust's highest Quick Ratio was 40.30. The lowest was 0.21. And the median was 3.44.
FSLUF's Quick Ratio is ranked better than 99.08% of 1092
companies
in the Business Services industry
Industry Median: 1.67
vs FSLUF: 40.30
First Ship Lease Trust (OTCPK:FSLUF) 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.
First Ship Lease Trust Quick Ratio Related Terms
First Ship Lease Trust Quick Ratio Historical Data
* 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.
For the Rental & Leasing Services subindustry, First Ship Lease Trust'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.
First Ship Lease Trust Quick Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, First Ship Lease Trust's Quick Ratio distribution charts can be found below:
* The bar in red indicates where First Ship Lease Trust's Quick Ratio falls into.
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.
First Ship Lease Trust's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
First Ship Lease Trust (FSLUF) has a Quick Ratio of 40.32 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on First Ship Lease Trust and its competitors. This is 1072% above median its historical median of 3.44. Over the past decade, First Ship Lease Trust's Quick Ratio has ranged from 0.21 to 40.30. According to the industry distribution chart, First Ship Lease Trust ranks #10 out of 1092 companies in the Business Services industry, placing it in the top 0.90000000000001%.
Is First Ship Lease Trust's Quick Ratio too high?
First Ship Lease Trust's current Quick Ratio of 40.32 is 1072% above median its 10-year median of 3.44. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 40.30. The Business Services industry median Quick Ratio is 1.67. First Ship Lease Trust's value of 40.32 is 2314.4% above this industry median. Based on the distribution chart, First Ship Lease Trust ranks #10 out of 1092 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers.
How does First Ship Lease Trust's Quick Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, First Ship Lease Trust ranks #10 out of 1092 companies for Quick Ratio. This places First Ship Lease Trust in the top 1% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.67. First Ship Lease Trust's value of 40.32 is 2314.4% above this benchmark. Historically, First Ship Lease Trust's own Quick Ratio has ranged from 0.21 to 40.30 over the past decade. While the company's 10-year median is 3.44 vs. the industry median of 1.67, First Ship Lease Trust 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 Business Services company?
The median Quick Ratio among Business Services companies is 1.67, based on 1,092 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. First Ship Lease Trust's current Quick Ratio of 40.32 is 2314.4% 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 First Ship Lease Trust and its competitors. For the Business Services industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Ship Lease Trust's current Quick Ratio is 40.32, which is 1072% above median its own 10-year median of 3.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Ship Lease Trust stock overvalued right now?
First Ship Lease Trust (FSLUF) has a current Quick Ratio of 40.32. The stock's GF Value™ is $0.02, compared to a current price of $0.04 — trading 100% above its estimated fair value. The current Quick Ratio is 40.32, which is 1072% above median its 10-year median of 3.44 and 2314.4% above the Business Services industry median of 1.67. 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 First Ship Lease Trust (FSLUF), the current Quick Ratio is 40.32 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.
First Ship Lease Trust is engaged in the shipping business. The trust acts as a shipowner and provider of leasing services to the international shipping industry. The group has one segment that is only involved in the leasing and chartering of vessels which is carried out in international waters. The company has 6 vessels chartered to an international shipping company on fixed-rate period bareboat charters.
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