Fast CablesKAR:FCL 18 Quick Ratio is 0.00 as of . 20. GuruFocus rates KAR:FCL with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 3,071 Industrial Products companies, Fast Cables ranks worse than 32562.65% 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. Fast Cables's quick ratio for the quarter that ended in . 20 was 0.00.
Fast Cables has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Fast Cables's Quick Ratio or its related term are showing as below:
KAR:FCL's Quick Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.39 * Ranked among companies with meaningful Quick Ratio only.
Fast Cables (KAR:FCL) 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.
Fast Cables Quick Ratio Related Terms
Fast Cables Quick Ratio Historical Data
* Premium members only.
The historical data trend for Fast Cables'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.
Fast Cables Quick Ratio Chart
Fast Cables Annual Data
Trend
Quick Ratio
Fast Cables Semi-Annual Data
Quick Ratio
KAR:FCL vs VRT, BE, HUBB: Quick Ratio Comparison
For the Electrical Equipment & Parts subindustry, Fast Cables'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.
Fast Cables Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Fast Cables's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Fast Cables'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.
Fast Cables's Quick Ratio for the fiscal year that ended in . 20 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.
Fast Cables (KAR:FCL) has a Quick Ratio of 0.00 as of . 20. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Fast Cables and its competitors. According to the industry distribution chart, Fast Cables ranks #999999 out of 3071 companies in the Industrial Products industry.
Is Fast Cables' Quick Ratio too high?
Fast Cables' current Quick Ratio is 0.00. Based on the distribution chart, Fast Cables ranks #999999 out of 3071 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Fast Cables has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Fast Cables' Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Fast Cables ranks #999999 out of 3071 companies for Quick Ratio. This places Fast Cables in the lower half of its industry. The industry median Quick Ratio is 1.39. 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 Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,071 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. 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 Fast Cables and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fast Cables's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fast Cables stock overvalued right now?
Fast Cables (KAR:FCL) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. Fast Cables' overall GF Score™ is 18/100 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 Fast Cables (KAR:FCL), the current Quick Ratio is 0.00 as of . 20. 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.
Fast Cables Ltd is engaged in manufacturing and selling of all types of electric wires, cables, and conductors. The Company is a pioneer of Catenary Continuous Vulcanization (CCV) Line Technology & Aluminium Alloy plant in Pakistan. Its products include Building Wires, Single Core Cables, All Aluminium Conductor (AAC), Industrial Wires, Three Core Cables, All Aluminium Alloy Conductor (AAAC), Telecommunication Wires, Three Core Bundled Cables (ABC), Aluminium Conductor Steel Reinforced (ACSR), Control & Instrumentation Cables.
18GF Score
Get the complete analysis for KAR:FCL
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KAR:FCL has been successfully added to your 