Eminis Ambalajnayi Ve Ticaret AS (IST:EMNIS) Quick Ratio: 1.53 (As of Mar. 2022)

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IST:EMNIS Eminis Ambalaj Sanayi Ve Ticaret AS IST:EMNIS
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Price ₺149.90
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What is Eminis Ambalajnayi Ve Ticaret AS Quick Ratio?

Eminis Ambalajnayi Ve Ticaret AS IST:EMNIS +0.20% 5 Quick Ratio is 1.53 as of Mar. 2022. GuruFocus rates IST:EMNIS with a GF Score™ of 5/100.

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. Eminis Ambalajnayi Ve Ticaret AS's quick ratio for the quarter that ended in Mar. 2022 was 1.53.

Eminis Ambalajnayi Ve Ticaret AS has a quick ratio of 1.53. It generally indicates good short-term financial strength.

The historical rank and industry rank for Eminis Ambalajnayi Ve Ticaret AS's Quick Ratio or its related term are showing as below:

IST:EMNIS's Quick Ratio is not ranked *
in the Packaging & Containers industry.
Industry Median: 1.11
* Ranked among companies with meaningful Quick Ratio only.

Eminis Ambalajnayi Ve Ticaret AS  (IST:EMNIS) 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.


Eminis Ambalajnayi Ve Ticaret AS Quick Ratio Related Terms


Eminis Ambalajnayi Ve Ticaret AS Quick Ratio Historical Data

* Premium members only.

The historical data trend for Eminis Ambalajnayi 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.

Eminis Ambalajnayi Ve Ticaret AS Quick Ratio Chart

Eminis Ambalajnayi Ve Ticaret AS Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.28 0.75 0.92 1.57

Eminis Ambalajnayi Ve Ticaret AS Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.92 0.80 0.74 1.57 1.53

IST:EMNIS vs BALL, AMCR, AVY: Quick Ratio Comparison

For the Packaging & Containers subindustry, Eminis Ambalajnayi 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.


Eminis Ambalajnayi Ve Ticaret AS Quick Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Eminis Ambalajnayi Ve Ticaret AS's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Eminis Ambalajnayi Ve Ticaret AS's Quick Ratio falls into.


IST:EMNIS
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Eminis Ambalaj Sanayi Ve Ticaret AS IST:EMNIS
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Eminis Ambalajnayi 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.

Eminis Ambalajnayi Ve Ticaret AS's Quick Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Quick Ratio (A: Dec. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(56.308-13.103)/27.564
=1.57

Eminis Ambalajnayi Ve Ticaret AS's Quick Ratio for the quarter that ended in Mar. 2022 is calculated as

Quick Ratio (Q: Mar. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(66.121-18.045)/31.521
=1.53

* 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 1.53 mean?
Eminis Ambalajnayi Ve Ticaret AS (IST:EMNIS) has a Quick Ratio of 1.53 as of Mar. 2022. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Eminis Ambalajnayi Ve Ticaret AS and its competitors.
Is Eminis Ambalajnayi Ve Ticaret AS's Quick Ratio too high?
Eminis Ambalajnayi Ve Ticaret AS's current Quick Ratio is 1.53. The Packaging & Containers industry median Quick Ratio is 1.11. Eminis Ambalajnayi Ve Ticaret AS's value of 1.53 is 37.8% above this industry median. Overall, Eminis Ambalajnayi Ve Ticaret AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Eminis Ambalajnayi Ve Ticaret AS's Quick Ratio compare to BALL and AMCR?
Eminis Ambalajnayi Ve Ticaret AS's Quick Ratio of 1.53 can be compared against companies in the Packaging & Containers industry. The industry median Quick Ratio is 1.11. Eminis Ambalajnayi Ve Ticaret AS's value of 1.53 is 37.8% above this benchmark. 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 Packaging & Containers company?
The median Quick Ratio among Packaging & Containers companies is 1.11, based on 401 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. Eminis Ambalajnayi Ve Ticaret AS's current Quick Ratio of 1.53 is 37.8% 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 Eminis Ambalajnayi Ve Ticaret AS and its competitors. For the Packaging & Containers industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eminis Ambalajnayi Ve Ticaret AS's current Quick Ratio is 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eminis Ambalajnayi Ve Ticaret AS stock overvalued right now?
Eminis Ambalajnayi Ve Ticaret AS (IST:EMNIS) has a current Quick Ratio of 1.53. The current Quick Ratio is 1.53 and 37.8% above the Packaging & Containers industry median of 1.11. Eminis Ambalajnayi Ve Ticaret AS's overall GF Score™ is 5/100. 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 Eminis Ambalajnayi Ve Ticaret AS (IST:EMNIS), the current Quick Ratio is 1.53 as of Mar. 2022. 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.

Eminis Ambalajnayi Ve Ticaret AS Business Description

Address Dilovasi Organized Industrial Zone, Part 1, Kisim D-1003 Sokak No: 4, Dilovasi, Kocaeli, TUR, 41455
Eminis Ambalaj Sanayi Ve Ticaret AS manufactures metal and plastic containers. The company serves paint, chemical, food industries, Olive, Seasoning, Powder Beverage, and Cosmetic Industry. Its plastic products include industrial, round, angular and metal box.
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