Inspirit Energy Holdings (LSE:INSP) Quick Ratio: 0.15 (As of Dec. 2024)


What is Inspirit Energy Holdings Quick Ratio?

Inspirit Energy Holdings LSE:INSP Quick Ratio is 0.15 as of Dec. 2024.

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. Inspirit Energy Holdings's quick ratio for the quarter that ended in Dec. 2024 was 0.15.

Inspirit Energy Holdings has a quick ratio of 0.15. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Inspirit Energy Holdings's Quick Ratio or its related term are showing as below:

LSE:INSP's Quick Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.19
* Ranked among companies with meaningful Quick Ratio only.

Inspirit Energy Holdings  (LSE:INSP) 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.


Inspirit Energy Holdings Quick Ratio Related Terms


Inspirit Energy Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for Inspirit Energy Holdings'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.

Inspirit Energy Holdings Quick Ratio Chart

Inspirit Energy Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 1.17 0.42 0.12 0.14

Inspirit Energy Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.12 0.24 0.14 0.15

LSE:INSP vs AACT, CEP, EQV: Quick Ratio Comparison

For the Shell Companies subindustry, Inspirit Energy Holdings'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.


Inspirit Energy Holdings Quick Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Inspirit Energy Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Inspirit Energy Holdings's Quick Ratio falls into.



Inspirit Energy Holdings 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.

Inspirit Energy Holdings's Quick Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Quick Ratio (A: Jun. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.136-0)/0.943
=0.14

Inspirit Energy Holdings's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.131-0)/0.86
=0.15

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.15 mean?
Inspirit Energy Holdings (LSE:INSP) has a Quick Ratio of 0.15 as of Dec. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Inspirit Energy Holdings and its competitors.
Is Inspirit Energy Holdings' Quick Ratio too high?
Inspirit Energy Holdings' current Quick Ratio is 0.15. The Diversified Financial Services industry median Quick Ratio is 3.19. Inspirit Energy Holdings' value of 0.15 is 95.3% below this industry median.
How does Inspirit Energy Holdings' Quick Ratio compare to AACT and CEP?
Inspirit Energy Holdings' Quick Ratio of 0.15 can be compared against companies in the Diversified Financial Services industry. The industry median Quick Ratio is 3.19. Inspirit Energy Holdings' value of 0.15 is 95.3% below 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 Diversified Financial Services company?
The median Quick Ratio among Diversified Financial Services companies is 3.19, based on 502 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. Inspirit Energy Holdings's current Quick Ratio of 0.15 is 95.3% 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 Inspirit Energy Holdings and its competitors. For the Diversified Financial Services industry, the median Quick Ratio is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inspirit Energy Holdings's current Quick Ratio is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inspirit Energy Holdings stock overvalued right now?
Inspirit Energy Holdings (LSE:INSP) has a current Quick Ratio of 0.15. The current Quick Ratio is 0.15 and 95.3% below the Diversified Financial Services industry median of 3.19. 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 Inspirit Energy Holdings (LSE:INSP), the current Quick Ratio is 0.15 as of Dec. 2024. 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.

Inspirit Energy Holdings Business Description

Address C/o GIS, 200 Aldersgate Street, London, GBR, EC1A 4HD
Inspirit Energy Holdings PLC is a UK-based company engaged in the development and commercialization of the mCHP boiler and application of the Stirling technology in other sectors such as marine, waste energy recycling, and automotive truck industries. The company is currently focusing its energies on preserving its existing cash balances to pursue other opportunities and has become a cash shell company. Geographically, it currently only operates in the United Kingdom.