Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Migao Group HoldingsHKSE:09879 -0.26%44 Quick Ratio is 1.79 as of Mar. 2026, which is 10% above its 10-year median of 1.63. GuruFocus rates HKSE:09879 with a GF Score™ of 44/100. The stock has 6 warning signs investors should review. Among 260 Agriculture companies, Migao Group Holdings ranks better than 74.23% on this metric.
Migao Group Holdings (HKSE:09879) 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.
Migao Group Holdings Quick Ratio Related Terms
Migao Group Holdings Quick Ratio Historical Data
* Premium members only.
The historical data trend for Migao Group Holdings'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:09879 vs CTVA, CF, MOS: Quick Ratio Comparison
For the Agricultural Inputs subindustry, Migao Group Holdings'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.
Migao Group Holdings Quick Ratio vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Migao Group Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Migao Group Holdings'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.
Migao Group Holdings's Quick Ratio for the fiscal year that ended in Mar. 2026 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.
Migao Group Holdings (HKSE:09879) has a Quick Ratio of 1.79 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Migao Group Holdings and its competitors. This is 10% above median its historical median of 1.63. Over the past decade, Migao Group Holdings' Quick Ratio has ranged from 0.90 to 1.97. According to the industry distribution chart, Migao Group Holdings ranks #67 out of 260 companies in the Agriculture industry, placing it in the top 25.8%.
Is Migao Group Holdings' Quick Ratio too high?
Migao Group Holdings' current Quick Ratio of 1.79 is 10% above median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 1.97. The Agriculture industry median Quick Ratio is 1.01. Migao Group Holdings' value of 1.79 is 77.2% above this industry median. Based on the distribution chart, Migao Group Holdings ranks #67 out of 260 companies in the Agriculture industry, which is above the industry midpoint. Overall, Migao Group Holdings has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Migao Group Holdings' Quick Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Migao Group Holdings ranks #67 out of 260 companies for Quick Ratio. This puts Migao Group Holdings in the upper half of its industry. The industry median Quick Ratio is 1.01. Migao Group Holdings' value of 1.79 is 77.2% above this benchmark. Historically, Migao Group Holdings' own Quick Ratio has ranged from 0.90 to 1.97 over the past decade. While the company's 10-year median is 1.63 vs. the industry median of 1.01, Migao Group Holdings 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 an Agriculture company?
The median Quick Ratio among Agriculture companies is 1.01, based on 260 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. Migao Group Holdings's current Quick Ratio of 1.79 is 77.2% 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 Migao Group Holdings and its competitors. For the Agriculture industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Migao Group Holdings's current Quick Ratio is 1.79, which is 10% above median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Migao Group Holdings stock overvalued right now?
Migao Group Holdings (HKSE:09879) has a current Quick Ratio of 1.79. The current Quick Ratio is 1.79, which is 10% above median its 10-year median of 1.63 and 77.2% above the Agriculture industry median of 1.01. Migao Group Holdings' overall GF Score™ is 44/100 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 Migao Group Holdings (HKSE:09879), the current Quick Ratio is 1.79 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.
Migao Group Holdings Ltd is a national potash fertilizer company in China with sourcing and procurement, processing, and manufacturing. It sells various potash fertilizer products, including KCL, SOP, NOP, and compound fertilizers and Others. Geographically, the company generates a majority of its revenue from its business in the People's Republic of China.
44GF Score
Get the complete analysis for HKSE:09879
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:09879 has been successfully added to your 
