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Jersey Mike’s SubsJMKE +6.33%8 Quick Ratio is 1.49 as of Mar. 2026. GuruFocus rates JMKE with a GF Score™ of 8/100. Among 363 Restaurants companies, Jersey Mike’s Subs ranks worse than 275481.82% on this metric.
Jersey Mike’s Subs (NYSE:JMKE) 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.
Jersey Mike’s Subs Quick Ratio Related Terms
Jersey Mike’s Subs Quick Ratio Historical Data
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The historical data trend for Jersey Mike’s Subs'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.
Jersey Mike’s Subs Quick Ratio Chart
Jersey Mike’s Subs Annual Data
Trend
Dec23
Dec24
Dec25
Quick Ratio
0.00
6.73
2.02
Jersey Mike’s Subs Quarterly Data
Dec24
Dec25
Mar26
Quick Ratio
6.73
2.02
1.49
JMKE vs : Quick Ratio Comparison
For the Restaurants subindustry, Jersey Mike’s Subs'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.
Jersey Mike’s Subs Quick Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Jersey Mike’s Subs's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Jersey Mike’s Subs'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.
Jersey Mike’s Subs'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.
Jersey Mike’s Subs (JMKE) has a Quick Ratio of 1.49 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Jersey Mike’s Subs and its competitors. According to the industry distribution chart, Jersey Mike’s Subs ranks #999999 out of 363 companies in the Restaurants industry.
Is Jersey Mike’s Subs' Quick Ratio too high?
Jersey Mike’s Subs' current Quick Ratio is 1.49. The Restaurants industry median Quick Ratio is 0.87. Jersey Mike’s Subs' value of 1.49 is 71.3% above this industry median. Based on the distribution chart, Jersey Mike’s Subs ranks #999999 out of 363 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Jersey Mike’s Subs has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Jersey Mike’s Subs' Quick Ratio compare to ?
According to the Restaurants industry distribution chart, Jersey Mike’s Subs ranks #999999 out of 363 companies for Quick Ratio. This places Jersey Mike’s Subs in the lower half of its industry. The industry median Quick Ratio is 0.87. Jersey Mike’s Subs' value of 1.49 is 71.3% 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 Restaurants company?
The median Quick Ratio among Restaurants companies is 0.87, based on 363 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. Jersey Mike’s Subs's current Quick Ratio of 1.49 is 71.3% 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 Jersey Mike’s Subs and its competitors. For the Restaurants industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jersey Mike’s Subs's current Quick Ratio is 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jersey Mike’s Subs stock overvalued right now?
Jersey Mike’s Subs (JMKE) has a current Quick Ratio of 1.49. The current Quick Ratio is 1.49 and 71.3% above the Restaurants industry median of 0.87. Jersey Mike’s Subs' overall GF Score™ is 8/100. 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 Jersey Mike’s Subs (JMKE), the current Quick Ratio is 1.49 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.
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