Altern EnergyKAR:ALTN +0.86%43 Quick Ratio is 10.92 as of Mar. 2026, which is 126% above its 10-year median of 4.83. GuruFocus rates KAR:ALTN with a GF Score™ of 43/100 and a GF Value™ of ₨0.72 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 446 Utilities - Independent Power Producers companies, Altern Energy ranks better than 95.96% 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. Altern Energy's quick ratio for the quarter that ended in Mar. 2026 was 10.92.
Altern Energy has a quick ratio of 10.92. It generally indicates good short-term financial strength.
The historical rank and industry rank for Altern Energy's Quick Ratio or its related term are showing as below:
KAR:ALTN'
s Quick Ratio Range Over the Past 10 Years
Min: 1.82 Med: 4.83 Max: 48.77
Current: 10.92
During the past 13 years, Altern Energy's highest Quick Ratio was 48.77. The lowest was 1.82. And the median was 4.83.
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.
Altern Energy Quick Ratio Related Terms
Altern Energy Quick Ratio Historical Data
* Premium members only.
The historical data trend for Altern Energy'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.
For the Utilities - Independent Power Producers subindustry, Altern Energy'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.
Altern Energy Quick Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Altern Energy's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Altern Energy'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.
Altern Energy's Quick Ratio for the fiscal year that ended in Jun. 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.
Altern Energy (KAR:ALTN) has a Quick Ratio of 10.92 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Altern Energy and its competitors. This is 126% above median its historical median of 4.83. Over the past decade, Altern Energy's Quick Ratio has ranged from 1.82 to 48.77. According to the industry distribution chart, Altern Energy ranks #18 out of 446 companies in the Utilities - Independent Power Producers industry, placing it in the top 4%.
Is Altern Energy's Quick Ratio too high?
Altern Energy's current Quick Ratio of 10.92 is 126% above median its 10-year median of 4.83. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 48.77. The Utilities - Independent Power Producers industry median Quick Ratio is 1.24. Altern Energy's value of 10.92 is 780.6% above this industry median. Based on the distribution chart, Altern Energy ranks #18 out of 446 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Altern Energy has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altern Energy's Quick Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Altern Energy ranks #18 out of 446 companies for Quick Ratio. This places Altern Energy in the top 4% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.24. Altern Energy's value of 10.92 is 780.6% above this benchmark. Historically, Altern Energy's own Quick Ratio has ranged from 1.82 to 48.77 over the past decade. While the company's 10-year median is 4.83 vs. the industry median of 1.24, Altern Energy 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 446 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. Altern Energy's current Quick Ratio of 10.92 is 780.6% 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 Altern Energy 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. Altern Energy's current Quick Ratio is 10.92, which is 126% above median its own 10-year median of 4.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altern Energy stock overvalued right now?
Based on GuruFocus' analysis, Altern Energy (KAR:ALTN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨0.72, compared to a current price of ₨8.19 — trading 1037.5% above its estimated fair value. The current Quick Ratio is 10.92, which is 126% above median its 10-year median of 4.83 and 780.6% above the Utilities - Independent Power Producers industry median of 1.24. Altern Energy's overall GF Score™ is 43/100 with 5 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 Altern Energy (KAR:ALTN), the current Quick Ratio is 10.92 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.
Is Altern Energy (KAR:ALTN) Overvalued in 2026?
Based on GuruFocus' analysis, Altern Energy stock appears to be overvalued.
The current stock price of ₨8.19 is trading 1037.5% above its estimated GF Value™ of ₨0.72.
GuruFocus considers Altern Energy to be Significantly Overvalued.
Key valuation signals for KAR:ALTN:
Quick Ratio: 10.92 (126% above median its 10-year median of 4.83)
GF Value™: ₨0.72 vs. price of ₨8.19 (1037.5% above fair value)
Industry Position: 780.6% above the Utilities - Independent Power Producers median (#18 of 446)
No single metric tells the full story. See the KAR:ALTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altern Energy Ltd generates and supplies electric power to the Water and Power Development Authority of Pakistan from its thermal power plant. It operates in the engineering, power, chemicals, and agriculture sectors. The company's principal activity is to build, own, operate, and maintain a gas-fired power plant having a gross capacity of 32 Mega Watts.
43GF Score
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