Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Quick Ratio: 1.39 (As of Dec. 2024) — 40% Below Median


IST:ALKA Alkim Kagit Sanayi ve Ticaret AS IST:ALKA
61 GF Score
Price ₺9.41
GF Value ₺7.56
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Alkim Kagitnayi ve Ticaret AS Quick Ratio?

Alkim Kagitnayi ve Ticaret AS IST:ALKA -0.95% 61 Quick Ratio is 1.39 as of Dec. 2024, which is 40% below its 10-year median of 2.33. GuruFocus rates IST:ALKA with a GF Score™ of 61/100 and a GF Value™ of ₺7.56 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 289 Forest Products companies, Alkim Kagitnayi ve Ticaret AS ranks better than 66.78% 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. Alkim Kagitnayi ve Ticaret AS's quick ratio for the quarter that ended in Dec. 2024 was 1.39.

Alkim Kagitnayi ve Ticaret AS has a quick ratio of 1.39. It generally indicates good short-term financial strength.

The historical rank and industry rank for Alkim Kagitnayi ve Ticaret AS's Quick Ratio or its related term are showing as below:

IST:ALKA' s Quick Ratio Range Over the Past 10 Years
Min: 1.39   Med: 2.33   Max: 2.93
Current: 1.39

During the past 13 years, Alkim Kagitnayi ve Ticaret AS's highest Quick Ratio was 2.93. The lowest was 1.39. And the median was 2.33.

IST:ALKA's Quick Ratio is ranked better than
66.78% of 289 companies
in the Forest Products industry
Industry Median: 0.93 vs IST:ALKA: 1.39

Alkim Kagitnayi ve Ticaret AS  (IST:ALKA) 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.


Alkim Kagitnayi ve Ticaret AS Quick Ratio Related Terms


Alkim Kagitnayi ve Ticaret AS Quick Ratio Historical Data

* Premium members only.

The historical data trend for Alkim Kagitnayi ve Ticaret AS'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.

Alkim Kagitnayi ve Ticaret AS Quick Ratio Chart

Alkim Kagitnayi ve Ticaret AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.82 2.08 2.51 2.20 1.39

Alkim Kagitnayi ve Ticaret AS Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
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 2.82 2.08 2.51 2.20 1.39

Alkim Kagitnayi ve Ticaret AS Quick Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Alkim Kagitnayi ve Ticaret AS'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.


Alkim Kagitnayi ve Ticaret AS Quick Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Alkim Kagitnayi ve Ticaret AS's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Alkim Kagitnayi ve Ticaret AS's Quick Ratio falls into.


IST:ALKA
61GF Score
Alkim Kagit Sanayi ve Ticaret AS IST:ALKA
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alkim Kagitnayi ve Ticaret AS 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.

Alkim Kagitnayi ve Ticaret AS's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1175.649-310.822)/623.393
=1.39

Alkim Kagitnayi ve Ticaret AS's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1175.649-310.822)/623.393
=1.39

* 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 1.39 mean?
Alkim Kagitnayi ve Ticaret AS (IST:ALKA) has a Quick Ratio of 1.39 as of Dec. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Alkim Kagitnayi ve Ticaret AS and its competitors. This is 40% below median its historical median of 2.33. Over the past decade, Alkim Kagitnayi ve Ticaret AS's Quick Ratio has ranged from 1.39 to 2.93. According to the industry distribution chart, Alkim Kagitnayi ve Ticaret AS ranks #96 out of 289 companies in the Forest Products industry, placing it in the top 33.2%.
Is Alkim Kagitnayi ve Ticaret AS's Quick Ratio too high?
Alkim Kagitnayi ve Ticaret AS's current Quick Ratio of 1.39 is 40% below median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 2.93. The Forest Products industry median Quick Ratio is 0.93. Alkim Kagitnayi ve Ticaret AS's value of 1.39 is 49.5% above this industry median. Based on the distribution chart, Alkim Kagitnayi ve Ticaret AS ranks #96 out of 289 companies in the Forest Products industry, which is above the industry midpoint. Overall, Alkim Kagitnayi ve Ticaret AS has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alkim Kagitnayi ve Ticaret AS's Quick Ratio compare to competitors?
According to the Forest Products industry distribution chart, Alkim Kagitnayi ve Ticaret AS ranks #96 out of 289 companies for Quick Ratio. This puts Alkim Kagitnayi ve Ticaret AS in the upper half of its industry. The industry median Quick Ratio is 0.93. Alkim Kagitnayi ve Ticaret AS's value of 1.39 is 49.5% above this benchmark. Historically, Alkim Kagitnayi ve Ticaret AS's own Quick Ratio has ranged from 1.39 to 2.93 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 0.93, Alkim Kagitnayi ve Ticaret AS 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 Forest Products company?
The median Quick Ratio among Forest Products companies is 0.93, based on 289 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. Alkim Kagitnayi ve Ticaret AS's current Quick Ratio of 1.39 is 49.5% 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 Alkim Kagitnayi ve Ticaret AS and its competitors. For the Forest Products industry, the median Quick Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alkim Kagitnayi ve Ticaret AS's current Quick Ratio is 1.39, which is 40% below median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alkim Kagitnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Alkim Kagitnayi ve Ticaret AS (IST:ALKA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺7.56, compared to a current price of ₺9.41 — trading 24.5% above its estimated fair value. The current Quick Ratio is 1.39, which is 40% below median its 10-year median of 2.33 and 49.5% above the Forest Products industry median of 0.93. Alkim Kagitnayi ve Ticaret AS's overall GF Score™ is 61/100 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 Alkim Kagitnayi ve Ticaret AS (IST:ALKA), the current Quick Ratio is 1.39 as of Dec. 2024. 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 Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Overvalued in 2026?

Based on GuruFocus' analysis, Alkim Kagitnayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺9.41 is trading 24.5% above its estimated GF Value™ of ₺7.56. GuruFocus considers Alkim Kagitnayi ve Ticaret AS to be Modestly Overvalued.

Key valuation signals for IST:ALKA:

  • Quick Ratio: 1.39 (40% below median its 10-year median of 2.33)
  • GF Value™: ₺7.56 vs. price of ₺9.41 (24.5% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 49.5% above the Forest Products median (#96 of 289)

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


Alkim Kagitnayi ve Ticaret AS Business Description

Address Kirovakan Mevkii Kemalpasa, Gulab OSB, Izmir, TUR, 35730
Alkim Kagit Sanayi ve Ticaret AS is a Turkey-based company engaged in the manufacture of paper and paper products. The company's main products are wood-free offset papers, coated papers, office papers and special papers. Alkim Kagit Sanayi ve Ticaret AS sells most of its products in the turkey market. It exports to over 25 countries, especially in Europe. In addition, the Balkan countries, Russia and Africa are part of the company's customer portfolio. Its wood-free offset, coated and office papers are produced in Alkim Paper Production Plants. The firm operates a cogeneration plant that meets its energy requirements.
61GF Score

Get the complete analysis for IST:ALKA

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

₺9.41
Price
₺7.56
GF Value