Turcas Holding ASIST:TRCAS -0.71%20 Quick Ratio is 36.58 as of Mar. 2026, which is 2355% above its 10-year median of 1.49. GuruFocus rates IST:TRCAS with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 445 Utilities - Independent Power Producers companies, Turcas Holding AS ranks better than 98.65% on this metric.
Turcas Holding AS (IST:TRCAS) 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.
Turcas Holding AS Quick Ratio Related Terms
Turcas Holding AS Quick Ratio Historical Data
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The historical data trend for Turcas Holding 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.
IST:TRCAS vs CEG, VST, NRG: Quick Ratio Comparison
For the Utilities - Independent Power Producers subindustry, Turcas Holding 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.
Turcas Holding AS Quick Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Turcas Holding AS's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Turcas Holding AS's Quick Ratio falls into.
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.
Turcas Holding AS's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Turcas Holding AS (IST:TRCAS) has a Quick Ratio of 36.58 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Turcas Holding AS and its competitors. This is 2355% above median its historical median of 1.49. Over the past decade, Turcas Holding AS's Quick Ratio has ranged from 0.65 to 36.58. According to the industry distribution chart, Turcas Holding AS ranks #6 out of 445 companies in the Utilities - Independent Power Producers industry, placing it in the top 1.3%.
Is Turcas Holding AS's Quick Ratio too high?
Turcas Holding AS's current Quick Ratio of 36.58 is 2355% above median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 36.58. The Utilities - Independent Power Producers industry median Quick Ratio is 1.24. Turcas Holding AS's value of 36.58 is 2850% above this industry median. Based on the distribution chart, Turcas Holding AS ranks #6 out of 445 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Turcas Holding AS has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Turcas Holding AS's Quick Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Turcas Holding AS ranks #6 out of 445 companies for Quick Ratio. This places Turcas Holding AS in the top 1% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.24. Turcas Holding AS's value of 36.58 is 2850% above this benchmark. Historically, Turcas Holding AS's own Quick Ratio has ranged from 0.65 to 36.58 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 1.24, Turcas Holding 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 an Utilities - Independent Power Producers company?
The median Quick Ratio among Utilities - Independent Power Producers companies is 1.24, based on 445 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. Turcas Holding AS's current Quick Ratio of 36.58 is 2850% 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 Turcas Holding AS and its competitors. For the Utilities - Independent Power Producers industry, the median Quick Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turcas Holding AS's current Quick Ratio is 36.58, which is 2355% above median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turcas Holding AS stock overvalued right now?
Turcas Holding AS (IST:TRCAS) has a current Quick Ratio of 36.58. The current Quick Ratio is 36.58, which is 2355% above median its 10-year median of 1.49 and 2850% above the Utilities - Independent Power Producers industry median of 1.24. Turcas Holding AS's overall GF Score™ is 20/100 with 1 warning sign 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 Turcas Holding AS (IST:TRCAS), the current Quick Ratio is 36.58 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.
Turcas Holding AS is an oil and energy-focused investment company. It is engaged in fuel distribution and lubricants, conventional energy, and renewable energy fields in Turkey. The company is involved in the operation of Shell-branded fuel stations that offer fuel products and lubricants. The operating segments of the group are Oil, Electricity, and Others. The products that are included in the Oil segment are fuel products, lubricants, and engine oil. The Electricity segment consists of power generation activity.
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