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Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS has a quick ratio of 0.94. It indicates that the company cannot currently fully pay back its current liabilities.
IST:FORTE's Quick Ratio is ranked worse than 79.23% of 2874
companies
in the Software industry
Industry Median: 1.7
vs IST:FORTE: 0.94
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Quick Ratio Related Terms
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Quick Ratio Historical Data
* 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Quick Ratio Chart
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Annual Data
* 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Quick Ratio vs Software Industry
Forte Bilgi Iletisim Teknolojileri Vevunmanayi 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.
* 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a Quick Ratio of 0.94 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS and its competitors. This is 27% below median its historical median of 1.28. Over the past decade, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Quick Ratio has ranged from 0.49 to 3.46. According to the industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #2277 out of 2874 companies in the Software industry, placing it in the top 79.2%.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Quick Ratio too high?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Quick Ratio of 0.94 is 27% below median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 3.46. The Software industry median Quick Ratio is 1.70. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 0.94 is 44.7% below this industry median. Based on the distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #2277 out of 2874 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Quick Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #2277 out of 2874 companies for Quick Ratio. This places Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS in the lower half of its industry. The industry median Quick Ratio is 1.70. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 0.94 is 44.7% below this benchmark. Historically, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's own Quick Ratio has ranged from 0.49 to 3.46 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.70, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS 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 a Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,874 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. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Quick Ratio of 0.94 is 44.7% 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS and its competitors. For the Software industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Quick Ratio is 0.94, which is 27% below median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS stock overvalued right now?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a current Quick Ratio of 0.94. The current Quick Ratio is 0.94, which is 27% below median its 10-year median of 1.28 and 44.7% below the Software industry median of 1.70. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's overall GF Score™ is 61/100 with 8 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE), the current Quick Ratio is 0.94 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Business Description
Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS operates in the fields of system integration and software development. It offers system infrastructure, system integration, software development, consultancy, and Technical Documentation Authoring, Material Coding, and Technical Services.
61GF Score
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