Heavy Engineering Industries and Shipbuilding Co KSC has a quick ratio of 0.94. It indicates that the company cannot currently fully pay back its current liabilities.
KUW:SHIP's Quick Ratio is ranked worse than 74.55% of 1784
companies
in the Construction industry
Industry Median: 1.29
vs KUW:SHIP: 0.94
Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) 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.
Heavy Engineering Industries and Shipbuilding Co KSC Quick Ratio Related Terms
Heavy Engineering Industries and Shipbuilding Co KSC 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.
Heavy Engineering Industries and Shipbuilding Co KSC Quick Ratio Chart
Heavy Engineering Industries and Shipbuilding Co KSC Annual Data
* 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.
Heavy Engineering Industries and Shipbuilding Co KSC Quick Ratio vs Construction Industry
Heavy Engineering Industries and Shipbuilding Co KSC 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.
Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) has a Quick Ratio of 0.94 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Heavy Engineering Industries and Shipbuilding Co KSC and its competitors. This is near median its historical median of 1.02. Over the past decade, Heavy Engineering Industries and Shipbuilding Co KSC's Quick Ratio has ranged from 0.88 to 1.18. According to the industry distribution chart, Heavy Engineering Industries and Shipbuilding Co KSC ranks #1330 out of 1784 companies in the Construction industry, placing it in the top 74.6%.
Is Heavy Engineering Industries and Shipbuilding Co KSC's Quick Ratio too high?
Heavy Engineering Industries and Shipbuilding Co KSC's current Quick Ratio of 0.94 is near median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 1.18. The Construction industry median Quick Ratio is 1.29. Heavy Engineering Industries and Shipbuilding Co KSC's value of 0.94 is 27.1% below this industry median. Based on the distribution chart, Heavy Engineering Industries and Shipbuilding Co KSC ranks #1330 out of 1784 companies in the Construction industry, which is below the industry midpoint. Overall, Heavy Engineering Industries and Shipbuilding Co KSC has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heavy Engineering Industries and Shipbuilding Co KSC's Quick Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Heavy Engineering Industries and Shipbuilding Co KSC ranks #1330 out of 1784 companies for Quick Ratio. This places Heavy Engineering Industries and Shipbuilding Co KSC in the lower half of its industry. The industry median Quick Ratio is 1.29. Heavy Engineering Industries and Shipbuilding Co KSC's value of 0.94 is 27.1% below this benchmark. Historically, Heavy Engineering Industries and Shipbuilding Co KSC's own Quick Ratio has ranged from 0.88 to 1.18 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.29, Heavy Engineering Industries and Shipbuilding Co KSC has consistently been below 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 Construction company?
The median Quick Ratio among Construction companies is 1.29, based on 1,784 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. Heavy Engineering Industries and Shipbuilding Co KSC's current Quick Ratio of 0.94 is 27.1% below 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 Heavy Engineering Industries and Shipbuilding Co KSC and its competitors. For the Construction industry, the median Quick Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heavy Engineering Industries and Shipbuilding Co KSC's current Quick Ratio is 0.94, which is near median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heavy Engineering Industries and Shipbuilding Co KSC stock overvalued right now?
Based on GuruFocus' analysis, Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) is currently considered Possible Value Trap. The stock's GF Value™ is KWD1.04, compared to a current price of KWD0.70 — trading 32.7% below its estimated fair value. The current Quick Ratio is 0.94, which is near median its 10-year median of 1.02 and 27.1% below the Construction industry median of 1.29. Heavy Engineering Industries and Shipbuilding Co KSC's overall GF Score™ is 80/100 with 6 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 Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP), the current Quick Ratio is 0.94 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 Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Overvalued in 2026?
Based on GuruFocus' analysis, Heavy Engineering Industries and Shipbuilding Co KSC stock appears to be undervalued.
The current stock price of KWD0.70 is trading 32.7% below its estimated GF Value™ of KWD1.04.
GuruFocus considers Heavy Engineering Industries and Shipbuilding Co KSC to be Possible Value Trap.
Key valuation signals for KUW:SHIP:
Quick Ratio: 0.94 (near median its 10-year median of 1.02)
GF Value™: KWD1.04 vs. price of KWD0.70 (32.7% below fair value)
Industry Position: 27.1% below the Construction median (#1330 of 1784)
No single metric tells the full story. See the KUW:SHIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heavy Engineering Industries and Shipbuilding Co KSC Business Description
Heavy Engineering Industries and Shipbuilding Co KSC is engaged in engineering, procurement, and construction (EPC) contracting, focusing on the shipping and maritime industry in Kuwait. The Company serves sectors including oil and gas, refineries, petrochemicals, power, water distillation and desalination, shipbuilding, ship repair, dredging, and maritime construction. Its activities include industrial and marine works, installation and maintenance services, trading of equipment and spare parts, and contracting and tendering with international companies. It also provides services such as shipyard operations, fabrication, testing and calibration, quality control, scaffolding, galvanizing, onshore and offshore operations, technical manpower supply, and design and engineering services.
80GF Score
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