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ETHK LabsHKSE:01931 -1.69%74 Quick Ratio is 0.48 as of Dec. 2025, which is 74% below its 10-year median of 1.86. GuruFocus rates HKSE:01931 with a GF Score™ of 74/100 and a GF Value™ of HK$1.38 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 120 Medical Distribution companies, ETHK Labs ranks worse than 93.33% 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. ETHK Labs's quick ratio for the quarter that ended in Dec. 2025 was 0.48.
ETHK Labs has a quick ratio of 0.48. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for ETHK Labs's Quick Ratio or its related term are showing as below:
HKSE:01931'
s Quick Ratio Range Over the Past 10 Years
Min: 0.48 Med: 1.86 Max: 4.52
Current: 0.48
During the past 10 years, ETHK Labs's highest Quick Ratio was 4.52. The lowest was 0.48. And the median was 1.86.
HKSE:01931's Quick Ratio is ranked worse than 93.33% of 120
companies
in the Medical Distribution industry
Industry Median: 1.05
vs HKSE:01931: 0.48
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.
ETHK Labs Quick Ratio Related Terms
ETHK Labs Quick Ratio Historical Data
* Premium members only.
The historical data trend for ETHK Labs'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.
HKSE:01931 vs MCK, COR, CAH: Quick Ratio Comparison
For the Medical Distribution subindustry, ETHK Labs'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.
ETHK Labs Quick Ratio vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, ETHK Labs's Quick Ratio distribution charts can be found below:
* The bar in red indicates where ETHK Labs'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.
ETHK Labs'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.
ETHK Labs (HKSE:01931) has a Quick Ratio of 0.48 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on ETHK Labs and its competitors. This is 74% below median its historical median of 1.86. Over the past decade, ETHK Labs' Quick Ratio has ranged from 0.48 to 4.52. According to the industry distribution chart, ETHK Labs ranks #112 out of 120 companies in the Medical Distribution industry, placing it in the top 93.3%.
Is ETHK Labs' Quick Ratio too high?
ETHK Labs' current Quick Ratio of 0.48 is 74% below median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 4.52. The Medical Distribution industry median Quick Ratio is 1.05. ETHK Labs' value of 0.48 is 54.3% below this industry median. Based on the distribution chart, ETHK Labs ranks #112 out of 120 companies in the Medical Distribution industry, which is in the bottom quartile relative to peers. Overall, ETHK Labs has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ETHK Labs' Quick Ratio compare to MCK and COR?
According to the Medical Distribution industry distribution chart, ETHK Labs ranks #112 out of 120 companies for Quick Ratio. This places ETHK Labs in the lower half of its industry. The industry median Quick Ratio is 1.05. ETHK Labs' value of 0.48 is 54.3% below this benchmark. Historically, ETHK Labs' own Quick Ratio has ranged from 0.48 to 4.52 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 1.05, ETHK Labs 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 Medical Distribution company?
The median Quick Ratio among Medical Distribution companies is 1.05, based on 120 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. ETHK Labs's current Quick Ratio of 0.48 is 54.3% 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 ETHK Labs and its competitors. For the Medical Distribution industry, the median Quick Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ETHK Labs's current Quick Ratio is 0.48, which is 74% below median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETHK Labs stock overvalued right now?
Based on GuruFocus' analysis, ETHK Labs (HKSE:01931) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.38, compared to a current price of HK$0.58 — trading 58% below its estimated fair value. The current Quick Ratio is 0.48, which is 74% below median its 10-year median of 1.86 and 54.3% below the Medical Distribution industry median of 1.05. ETHK Labs' overall GF Score™ is 74/100 with 9 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 ETHK Labs (HKSE:01931), the current Quick Ratio is 0.48 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 ETHK Labs (HKSE:01931) Overvalued in 2026?
Based on GuruFocus' analysis, ETHK Labs stock appears to be undervalued.
The current stock price of HK$0.58 is trading 58% below its estimated GF Value™ of HK$1.38.
GuruFocus considers ETHK Labs to be Possible Value Trap.
Key valuation signals for HKSE:01931:
Quick Ratio: 0.48 (74% below median its 10-year median of 1.86)
GF Value™: HK$1.38 vs. price of HK$0.58 (58% below fair value)
Industry Position: 54.3% below the Medical Distribution median (#112 of 120)
No single metric tells the full story. See the HKSE:01931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ETHK Labs Inc is engaged in the distribution, after-sales service, and development of in-vitro diagnostic (IVD) products in China. The company operates through three business segments: Distribution Business, After-sales Services, and Self-branded Products Business. It distributes IVD analysers, reagents, and consumables to hospitals and healthcare institutions, provides maintenance and installation services for diagnostic equipment, and develops and sells self-branded IVD analysers and reagents. The company generates the majority of its revenue from Mainland China.
74GF Score
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