Zedur Enerji Elektrik Uretim AS has a quick ratio of 0.22. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Zedur Enerji Elektrik Uretim AS's Quick Ratio or its related term are showing as below:
IST:ZEDUR's Quick Ratio is not ranked *
in the Conglomerates industry.
Industry Median: 1.19 * Ranked among companies with meaningful Quick Ratio only.
Zedur Enerji Elektrik Uretim AS (IST:ZEDUR) 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.
Zedur Enerji Elektrik Uretim AS Quick Ratio Related Terms
Zedur Enerji Elektrik Uretim 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.
For the Conglomerates subindustry, Zedur Enerji Elektrik Uretim 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.
Zedur Enerji Elektrik Uretim AS Quick Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Zedur Enerji Elektrik Uretim AS's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Zedur Enerji Elektrik Uretim AS's Quick Ratio falls into.
Zedur Enerji Elektrik Uretim 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.
Zedur Enerji Elektrik Uretim AS (IST:ZEDUR) has a Quick Ratio of 0.22 as of Dec. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Zedur Enerji Elektrik Uretim AS and its competitors.
Is Zedur Enerji Elektrik Uretim AS's Quick Ratio too high?
Zedur Enerji Elektrik Uretim AS's current Quick Ratio is 0.22. The Conglomerates industry median Quick Ratio is 1.19. Zedur Enerji Elektrik Uretim AS's value of 0.22 is 81.5% below this industry median. Overall, Zedur Enerji Elektrik Uretim AS has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Zedur Enerji Elektrik Uretim AS's Quick Ratio compare to HON and MMM?
Zedur Enerji Elektrik Uretim AS's Quick Ratio of 0.22 can be compared against companies in the Conglomerates industry. The industry median Quick Ratio is 1.19. Zedur Enerji Elektrik Uretim AS's value of 0.22 is 81.5% below 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 Conglomerates company?
The median Quick Ratio among Conglomerates companies is 1.19, based on 561 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. Zedur Enerji Elektrik Uretim AS's current Quick Ratio of 0.22 is 81.5% 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 Zedur Enerji Elektrik Uretim AS and its competitors. For the Conglomerates industry, the median Quick Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zedur Enerji Elektrik Uretim AS's current Quick Ratio is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zedur Enerji Elektrik Uretim AS stock overvalued right now?
Zedur Enerji Elektrik Uretim AS (IST:ZEDUR) has a current Quick Ratio of 0.22. The current Quick Ratio is 0.22 and 81.5% below the Conglomerates industry median of 1.19. Zedur Enerji Elektrik Uretim AS's overall GF Score™ is 48/100. 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 Zedur Enerji Elektrik Uretim AS (IST:ZEDUR), the current Quick Ratio is 0.22 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.
Zedur Enerji Elektrik Uretim AS Business Description
Zedur Enerji Elektrik Uretim AS focuses on the energy and construction sectors. The company is engaged in electricity generation, distribution and sales. It also specializes in the construction of mass housing, office building, commercial center, shopping mall, factory, luxury hotels, and holiday village buildings as well as in the contracting sector, especially in infrastructure, canal, sewer, and tunnel construction projects.
48GF Score
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