IRDEF (Iren SpA) Quick Ratio: 0.91 (As of Mar. 2026) — 19% Below Median


IRDEF Iren SpA IRDEF
76 GF Score
Price $2.61
GF Value $2.23
! 4 Warning Signs
View Full Analysis

What is Iren SpA Quick Ratio?

Iren SpA IRDEF -20.91% 76 Quick Ratio is 0.91 as of Mar. 2026, which is 19% below its 10-year median of 1.13. GuruFocus rates IRDEF with a GF Score™ of 76/100 and a GF Value™ of $2.23. The stock has 4 warning signs investors should review. Among 508 Utilities - Regulated companies, Iren SpA ranks worse than 54.92% 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. Iren SpA's quick ratio for the quarter that ended in Mar. 2026 was 0.91.

Iren SpA has a quick ratio of 0.91. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Iren SpA's Quick Ratio or its related term are showing as below:

IRDEF' s Quick Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.13   Max: 1.47
Current: 0.91

During the past 13 years, Iren SpA's highest Quick Ratio was 1.47. The lowest was 0.81. And the median was 1.13.

IRDEF's Quick Ratio is ranked worse than
54.92% of 508 companies
in the Utilities - Regulated industry
Industry Median: 1.005 vs IRDEF: 0.91

Iren SpA  (OTCPK:IRDEF) 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.


Iren SpA Quick Ratio Related Terms


Iren SpA Quick Ratio Historical Data

* Premium members only.

The historical data trend for Iren SpA'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.

Iren SpA Quick Ratio Chart

Iren SpA 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 1.01 1.01 0.81 0.86 0.87

Iren SpA 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 0.95 0.85 0.81 0.87 0.91

IRDEF vs SRE: Quick Ratio Comparison

For the Utilities - Diversified subindustry, Iren SpA'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.


Iren SpA Quick Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Iren SpA's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Iren SpA's Quick Ratio falls into.


IRDEF
76GF Score
Iren SpA IRDEF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iren SpA 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.

Iren SpA'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
=(2668.865-79.877)/2976.59
=0.87

Iren SpA'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
=(2904.495-79.146)/3114.646
=0.91

* 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 0.91 mean?
Iren SpA (IRDEF) has a Quick Ratio of 0.91 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Iren SpA and its competitors. This is 19% below median its historical median of 1.13. Over the past decade, Iren SpA's Quick Ratio has ranged from 0.81 to 1.47. According to the industry distribution chart, Iren SpA ranks #279 out of 508 companies in the Utilities - Regulated industry, placing it in the top 54.9%.
Is Iren SpA's Quick Ratio too high?
Iren SpA's current Quick Ratio of 0.91 is 19% below median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 1.47. The Utilities - Regulated industry median Quick Ratio is 1.01. Iren SpA's value of 0.91 is 9.5% below this industry median. Based on the distribution chart, Iren SpA ranks #279 out of 508 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Iren SpA has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Iren SpA's Quick Ratio compare to SRE?
According to the Utilities - Regulated industry distribution chart, Iren SpA ranks #279 out of 508 companies for Quick Ratio. This places Iren SpA in the lower half of its industry. The industry median Quick Ratio is 1.01. Iren SpA's value of 0.91 is 9.5% below this benchmark. Historically, Iren SpA's own Quick Ratio has ranged from 0.81 to 1.47 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.01, Iren SpA 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 Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.01, based on 508 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. Iren SpA's current Quick Ratio of 0.91 is 9.5% 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 Iren SpA and its competitors. For the Utilities - Regulated 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. Iren SpA's current Quick Ratio is 0.91, which is 19% below median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iren SpA stock overvalued right now?
Iren SpA (IRDEF) has a current Quick Ratio of 0.91. The stock's GF Value™ is $2.23, compared to a current price of $2.61 — trading 17% above its estimated fair value. The current Quick Ratio is 0.91, which is 19% below median its 10-year median of 1.13 and 9.5% below the Utilities - Regulated industry median of 1.01. Iren SpA's overall GF Score™ is 76/100 with 4 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 Iren SpA (IRDEF), the current Quick Ratio is 0.91 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 Iren SpA (IRDEF) Overvalued in 2026?

Based on GuruFocus' analysis, Iren SpA stock appears to be overvalued. The current stock price of $2.61 is trading 17% above its estimated GF Value™ of $2.23.

Key valuation signals for IRDEF:

  • Quick Ratio: 0.91 (19% below median its 10-year median of 1.13)
  • GF Value™: $2.23 vs. price of $2.61 (17% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 9.5% below the Utilities - Regulated median (#279 of 508)

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


Iren SpA Business Description

Address Via Nubi di Magellano, 30, Reggio Emilia, ITA, 42123
Iren SpA is a multi-service Italian utilities holding company that produces and distributes electricity and natural gas. It also provides district heating, water, and environmental services. Iren has five operating companies that include Iren Acqua Gas, Iren Energia (electricity and thermal production), Iren Mercato (sale of electricity, gas, and district heating), Iren Emilia (gas distribution), and Iren Ambiente (environmental services). The company primarily uses hydroelectric, cogeneration, and wind power as energy sources. The majority of revenue is derived from the distribution and sale of electricity and natural gas products and services.
76GF Score

Get the complete analysis for IRDEF

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

$2.61
Price
$2.23
GF Value