HMFAF (Hammond Manufacturing Co) Quick Ratio: 1.08 (As of Mar. 2026) — 71% Above Median


HMFAF Hammond Manufacturing Co Ltd HMFAF
89 GF Score
Price $10.80
GF Value $8.18
Valuation Modestly Overvalued
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What is Hammond Manufacturing Co Quick Ratio?

Hammond Manufacturing Co HMFAF -1.37% 89 Quick Ratio is 1.08 as of Mar. 2026, which is 71% above its 10-year median of 0.63. GuruFocus rates HMFAF with a GF Score™ of 89/100 and a GF Value™ of $8.18 (Modestly Overvalued). Among 3,072 Industrial Products companies, Hammond Manufacturing Co ranks worse than 65.33% 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. Hammond Manufacturing Co's quick ratio for the quarter that ended in Mar. 2026 was 1.08.

Hammond Manufacturing Co has a quick ratio of 1.08. It generally indicates good short-term financial strength.

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

HMFAF' s Quick Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.63   Max: 1.08
Current: 1.08

During the past 13 years, Hammond Manufacturing Co's highest Quick Ratio was 1.08. The lowest was 0.50. And the median was 0.63.

HMFAF's Quick Ratio is ranked worse than
65.33% of 3072 companies
in the Industrial Products industry
Industry Median: 1.39 vs HMFAF: 1.08

Hammond Manufacturing Co  (OTCPK:HMFAF) 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.


Hammond Manufacturing Co Quick Ratio Related Terms


Hammond Manufacturing Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Hammond Manufacturing Co'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.

Hammond Manufacturing Co Quick Ratio Chart

Hammond Manufacturing Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.52 0.63 0.85 1.05

Hammond Manufacturing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.93 1.03 1.08 1.05 1.08

HMFAF vs VRT, BE: Quick Ratio Comparison

For the Electrical Equipment & Parts subindustry, Hammond Manufacturing Co'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.


Hammond Manufacturing Co Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hammond Manufacturing Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Hammond Manufacturing Co's Quick Ratio falls into.


HMFAF
89GF Score
Hammond Manufacturing Co Ltd HMFAF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hammond Manufacturing Co 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.

Hammond Manufacturing Co'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
=(100.147-46.536)/51.068
=1.05

Hammond Manufacturing Co'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
=(108.202-47.797)/56.172
=1.08

* 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 1.08 mean?
Hammond Manufacturing Co (HMFAF) has a Quick Ratio of 1.08 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hammond Manufacturing Co and its competitors. This is 71% above median its historical median of 0.63. Over the past decade, Hammond Manufacturing Co's Quick Ratio has ranged from 0.50 to 1.08. According to the industry distribution chart, Hammond Manufacturing Co ranks #2007 out of 3072 companies in the Industrial Products industry, placing it in the top 65.3%.
Is Hammond Manufacturing Co's Quick Ratio too high?
Hammond Manufacturing Co's current Quick Ratio of 1.08 is 71% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.08. The Industrial Products industry median Quick Ratio is 1.39. Hammond Manufacturing Co's value of 1.08 is 22.3% below this industry median. Based on the distribution chart, Hammond Manufacturing Co ranks #2007 out of 3072 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Hammond Manufacturing Co has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hammond Manufacturing Co's Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hammond Manufacturing Co ranks #2007 out of 3072 companies for Quick Ratio. This places Hammond Manufacturing Co in the lower half of its industry. The industry median Quick Ratio is 1.39. Hammond Manufacturing Co's value of 1.08 is 22.3% below this benchmark. Historically, Hammond Manufacturing Co's own Quick Ratio has ranged from 0.50 to 1.08 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 1.39, Hammond Manufacturing Co 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,072 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. Hammond Manufacturing Co's current Quick Ratio of 1.08 is 22.3% 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 Hammond Manufacturing Co 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. Hammond Manufacturing Co's current Quick Ratio is 1.08, which is 71% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hammond Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Hammond Manufacturing Co (HMFAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.18, compared to a current price of $10.80 — trading 32% above its estimated fair value. The current Quick Ratio is 1.08, which is 71% above median its 10-year median of 0.63 and 22.3% below the Industrial Products industry median of 1.39. Hammond Manufacturing Co's overall GF Score™ is 89/100. 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 Hammond Manufacturing Co (HMFAF), the current Quick Ratio is 1.08 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.

Is Hammond Manufacturing Co (HMFAF) Overvalued in 2026?

Based on GuruFocus' analysis, Hammond Manufacturing Co stock appears to be overvalued. The current stock price of $10.80 is trading 32% above its estimated GF Value™ of $8.18. GuruFocus considers Hammond Manufacturing Co to be Modestly Overvalued.

Key valuation signals for HMFAF:

  • Quick Ratio: 1.08 (71% above median its 10-year median of 0.63)
  • GF Value™: $8.18 vs. price of $10.80 (32% above fair value)
  • GF Score™: 89/100
  • Industry Position: 22.3% below the Industrial Products median (#2007 of 3072)

No single metric tells the full story. See the HMFAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hammond Manufacturing Co Business Description

Other Exchanges HMM.A:Canada
Address 394 Edinburgh Road North, Guelph, ON, CAN, N1H 1E5
Hammond Manufacturing Co Ltd is involved in the design, manufacture and sale of electrical and electronic components. Its geographical segments are Canada, the United States, and other countries, of which key revenue is derived from the United States. The company operates in one operating segment, electrical and electronic components. The company generates revenue through the manufacturing and sales of industrial enclosures, electronic enclosures, racks and cabinets, transformers and other products. Its manufactured products include electrical and electronic enclosures, racks and cabinets, power bars, and electronic (low-voltage) transformers.
89GF Score

Get the complete analysis for HMFAF

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.80
Price
$8.18
GF Value