Nets International Communication 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 Nets International Communication's Quick Ratio or its related term are showing as below:
KAR:GEMNETS's Quick Ratio is not ranked *
in the Telecommunication Services industry.
Industry Median: 1.06 * Ranked among companies with meaningful Quick Ratio only.
Nets International Communication (KAR:GEMNETS) 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.
Nets International Communication Quick Ratio Related Terms
Nets International Communication 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.
Nets International Communication Quick Ratio Chart
Nets International Communication Annual Data
Trend
Quick Ratio
Nets International Communication Semi-Annual Data
Quick Ratio
KAR:GEMNETS vs TMUS, VZ, T: Quick Ratio Comparison
For the Telecom Services subindustry, Nets International Communication'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.
Nets International Communication Quick Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Nets International Communication's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Nets International Communication's Quick Ratio falls into.
Nets International Communication 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.
Nets International Communication (KAR:GEMNETS) 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 Nets International Communication and its competitors. According to the industry distribution chart, Nets International Communication ranks #999999 out of 371 companies in the Telecommunication Services industry.
Is Nets International Communication's Quick Ratio too high?
Nets International Communication's current Quick Ratio is 0.00. Based on the distribution chart, Nets International Communication ranks #999999 out of 371 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Nets International Communication has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Nets International Communication's Quick Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Nets International Communication ranks #999999 out of 371 companies for Quick Ratio. This places Nets International Communication in the lower half of its industry. The industry median Quick Ratio is 1.06. 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 Telecommunication Services company?
The median Quick Ratio among Telecommunication Services companies is 1.06, based on 371 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 Nets International Communication and its competitors. For the Telecommunication Services industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nets International Communication'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 Nets International Communication stock overvalued right now?
Nets International Communication (KAR:GEMNETS) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. Nets International Communication's overall GF Score™ is 21/100 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 Nets International Communication (KAR:GEMNETS), 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.
Nets International Communication Business Description
Nets International Communication Ltd is engaged in the developing, managing, and expanding communication systems, enabling seamless exchange of ideas and information across various media, including telecommunication. It provides services of Infrastructure, Digital, and Managed Solutions, and NETS Services include Access Networks (Fixed and Wireless), Enterprise Data Networks, Cloud Solution.
21GF Score
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