Artemis Hali AS (IST:ARTMS) Quick Ratio: 1.10 (As of Mar. 2026) — 19% Below Median


IST:ARTMS Artemis Hali AS IST:ARTMS
60 GF Score
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What is Artemis Hali AS Quick Ratio?

Artemis Hali AS IST:ARTMS +1.20% 60 Quick Ratio is 1.10 as of Mar. 2026, which is 19% below its 10-year median of 1.36. GuruFocus rates IST:ARTMS with a GF Score™ of 60/100. The stock has 9 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Artemis Hali AS ranks better than 50.14% 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. Artemis Hali AS's quick ratio for the quarter that ended in Mar. 2026 was 1.10.

Artemis Hali AS has a quick ratio of 1.10. It generally indicates good short-term financial strength.

The historical rank and industry rank for Artemis Hali AS's Quick Ratio or its related term are showing as below:

IST:ARTMS' s Quick Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.36   Max: 3.41
Current: 1.1

During the past 6 years, Artemis Hali AS's highest Quick Ratio was 3.41. The lowest was 0.49. And the median was 1.36.

IST:ARTMS's Quick Ratio is ranked better than
50.14% of 1069 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.1 vs IST:ARTMS: 1.10

Artemis Hali AS  (IST:ARTMS) 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.


Artemis Hali AS Quick Ratio Related Terms


Artemis Hali AS Quick Ratio Historical Data

* Premium members only.

The historical data trend for Artemis Hali 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.

Artemis Hali AS Quick Ratio Chart

Artemis Hali AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 0.49 0.63 1.09 3.41 1.36

Artemis Hali AS Quarterly Data
Dec20 Dec21 Dec22 Mar23 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 2.55 1.99 1.50 1.36 1.10

Artemis Hali AS Quick Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Artemis Hali 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.


Artemis Hali AS Quick Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Artemis Hali AS's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Artemis Hali AS's Quick Ratio falls into.


IST:ARTMS
60GF Score
Artemis Hali AS IST:ARTMS
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Artemis Hali 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.

Artemis Hali AS'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
=(2098.778-1334.504)/560.142
=1.36

Artemis Hali AS'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
=(2358.822-1652.239)/639.629
=1.10

* 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 1.10 mean?
Artemis Hali AS (IST:ARTMS) has a Quick Ratio of 1.10 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Artemis Hali AS and its competitors. This is 19% below median its historical median of 1.36. Over the past decade, Artemis Hali AS's Quick Ratio has ranged from 0.49 to 3.41. According to the industry distribution chart, Artemis Hali AS ranks #533 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 49.9%.
Is Artemis Hali AS's Quick Ratio too high?
Artemis Hali AS's current Quick Ratio of 1.10 is 19% below median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 3.41. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.10. Artemis Hali AS's value of 1.10 is 0% at this industry median. Based on the distribution chart, Artemis Hali AS ranks #533 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Artemis Hali AS has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Artemis Hali AS's Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Artemis Hali AS ranks #533 out of 1069 companies for Quick Ratio. This puts Artemis Hali AS in the upper half of its industry. The industry median Quick Ratio is 1.10. Artemis Hali AS's value of 1.10 is 0% at this benchmark. Historically, Artemis Hali AS's own Quick Ratio has ranged from 0.49 to 3.41 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.10, Artemis Hali AS has consistently been at 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.10, based on 1,069 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. Artemis Hali AS's current Quick Ratio of 1.10 is 0% at 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 Artemis Hali AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artemis Hali AS's current Quick Ratio is 1.10, which is 19% below median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artemis Hali AS stock overvalued right now?
Artemis Hali AS (IST:ARTMS) has a current Quick Ratio of 1.10. The current Quick Ratio is 1.10, which is 19% below median its 10-year median of 1.36 and 0% at the Manufacturing - Apparel & Accessories industry median of 1.10. Artemis Hali AS's overall GF Score™ is 60/100 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 Artemis Hali AS (IST:ARTMS), the current Quick Ratio is 1.10 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.

Artemis Hali AS Business Description

Address Balmumcu District Itri Street No:8/1, Turkey, TUR
Artemis Hali AS is a company whose business activity is manufacturing, importing, exporting, buying-selling and marketing all kinds of handmade carpets and machine-made carpets, runners, prayer rugs, rugs, blankets and textile products.
60GF Score

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