JL (J-Long Group) Quick Ratio: 2.36 (As of Sep. 2025) — 35% Above Median


JL J-Long Group Ltd JL
24 GF Score
Price $5.65
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What is J-Long Group Quick Ratio?

J-Long Group JL -0.70% 24 Quick Ratio is 2.36 as of Sep. 2025, which is 35% above its 10-year median of 1.75. GuruFocus rates JL with a GF Score™ of 24/100. Among 1,069 Manufacturing - Apparel & Accessories companies, J-Long Group ranks better than 79.79% 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. J-Long Group's quick ratio for the quarter that ended in Sep. 2025 was 2.36.

J-Long Group has a quick ratio of 2.36. It generally indicates good short-term financial strength.

The historical rank and industry rank for J-Long Group's Quick Ratio or its related term are showing as below:

JL' s Quick Ratio Range Over the Past 10 Years
Min: 1.33   Med: 1.75   Max: 2.36
Current: 2.36

During the past 5 years, J-Long Group's highest Quick Ratio was 2.36. The lowest was 1.33. And the median was 1.75.

JL's Quick Ratio is ranked better than
79.79% of 1069 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.1 vs JL: 2.36

J-Long Group  (NAS:JL) 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.


J-Long Group Quick Ratio Related Terms


J-Long Group Quick Ratio Historical Data

* Premium members only.

The historical data trend for J-Long Group'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.

J-Long Group Quick Ratio Chart

J-Long Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Quick Ratio
1.33 1.43 1.53 1.84 2.24

J-Long Group Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Quick Ratio Get a 7-Day Free Trial Premium Member Only 1.65 1.84 1.98 2.24 2.36

JL vs NCI, XELB, PMNT: Quick Ratio Comparison

For the Apparel Manufacturing subindustry, J-Long Group'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.


J-Long Group Quick Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where J-Long Group's Quick Ratio falls into.


JL
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J-Long Group Ltd JL
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J-Long Group 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.

J-Long Group's Quick Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Quick Ratio (A: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(18.976-3.066)/7.088
=2.24

J-Long Group's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(20.372-3.164)/7.29
=2.36

* 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 2.36 mean?
J-Long Group (JL) has a Quick Ratio of 2.36 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on J-Long Group and its competitors. This is 35% above median its historical median of 1.75. Over the past decade, J-Long Group's Quick Ratio has ranged from 1.33 to 2.36. According to the industry distribution chart, J-Long Group ranks #216 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 20.2%.
Is J-Long Group's Quick Ratio too high?
J-Long Group's current Quick Ratio of 2.36 is 35% above median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 2.36. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.10. J-Long Group's value of 2.36 is 114.5% above this industry median. Based on the distribution chart, J-Long Group ranks #216 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, J-Long Group has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does J-Long Group's Quick Ratio compare to NCI and XELB?
According to the Manufacturing - Apparel & Accessories industry distribution chart, J-Long Group ranks #216 out of 1069 companies for Quick Ratio. This places J-Long Group in the top 20% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.10. J-Long Group's value of 2.36 is 114.5% above this benchmark. Historically, J-Long Group's own Quick Ratio has ranged from 1.33 to 2.36 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 1.10, J-Long Group 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 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. J-Long Group's current Quick Ratio of 2.36 is 114.5% 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 J-Long Group 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. J-Long Group's current Quick Ratio is 2.36, which is 35% above median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J-Long Group stock overvalued right now?
J-Long Group (JL) has a current Quick Ratio of 2.36. The current Quick Ratio is 2.36, which is 35% above median its 10-year median of 1.75 and 114.5% above the Manufacturing - Apparel & Accessories industry median of 1.10. J-Long Group's overall GF Score™ is 24/100. 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 J-Long Group (JL), the current Quick Ratio is 2.36 as of Sep. 2025. 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.

J-Long Group Business Description

Address 32-40 Wang Lung Street, Flat F, 8th Floor, Houston Industrial Building, Tsuen Wan New Territories, Hong Kong, HKG
J-Long Group Ltd is an established distributor in Hong Kong of reflective and non-reflective garment trims including, among others, heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers and drawcords. It also offers a wide range of apparel solution services to cater to its customers' needs for reflective and non-reflective garment trims, ranging from market trend analysis, product design and development and production to quality control. The company operates in Asia (excluding other than Hong Kong and China), Hong Kong, China, and Others (Non-Asian).
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