PHSC (LSE:PHSC) Quick Ratio: 1.46 (As of Sep. 2025) — 28% Below Median


What is PHSC Quick Ratio?

PHSC LSE:PHSC Quick Ratio is 1.46 as of Sep. 2025, which is 28% below its 10-year median of 2.02. The stock has 2 warning signs investors should review. Among 561 Conglomerates companies, PHSC ranks better than 63.28% 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. PHSC's quick ratio for the quarter that ended in Sep. 2025 was 1.46.

PHSC has a quick ratio of 1.46. It generally indicates good short-term financial strength.

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

LSE:PHSC' s Quick Ratio Range Over the Past 10 Years
Min: 1.41   Med: 2.02   Max: 2.86
Current: 1.46

During the past 13 years, PHSC's highest Quick Ratio was 2.86. The lowest was 1.41. And the median was 2.02.

LSE:PHSC's Quick Ratio is ranked better than
63.28% of 561 companies
in the Conglomerates industry
Industry Median: 1.19 vs LSE:PHSC: 1.46

PHSC  (LSE:PHSC) 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.


PHSC Quick Ratio Related Terms


PHSC Quick Ratio Historical Data

* Premium members only.

The historical data trend for PHSC'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.

PHSC Quick Ratio Chart

PHSC Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.86 1.96 2.32 1.68 1.66

PHSC Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 2.18 1.68 1.79 1.66 1.46

LSE:PHSC vs HON, MMM: Quick Ratio Comparison

For the Conglomerates subindustry, PHSC'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.


PHSC Quick Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, PHSC's Quick Ratio distribution charts can be found below:

* The bar in red indicates where PHSC's Quick Ratio falls into.



PHSC 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.

PHSC's Quick Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Quick Ratio (A: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.241-0.22)/0.615
=1.66

PHSC's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.157-0.213)/0.646
=1.46

* 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 1.46 mean?
PHSC (LSE:PHSC) has a Quick Ratio of 1.46 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PHSC and its competitors. This is 28% below median its historical median of 2.02. Over the past decade, PHSC's Quick Ratio has ranged from 1.41 to 2.86. According to the industry distribution chart, PHSC ranks #206 out of 561 companies in the Conglomerates industry, placing it in the top 36.7%.
Is PHSC's Quick Ratio too high?
PHSC's current Quick Ratio of 1.46 is 28% below median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 2.86. The Conglomerates industry median Quick Ratio is 1.19. PHSC's value of 1.46 is 22.7% above this industry median. Based on the distribution chart, PHSC ranks #206 out of 561 companies in the Conglomerates industry, which is above the industry midpoint.
How does PHSC's Quick Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, PHSC ranks #206 out of 561 companies for Quick Ratio. This puts PHSC in the upper half of its industry. The industry median Quick Ratio is 1.19. PHSC's value of 1.46 is 22.7% above this benchmark. Historically, PHSC's own Quick Ratio has ranged from 1.41 to 2.86 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 1.19, PHSC 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 a Conglomerates company?
The median Quick Ratio among Conglomerates companies is 1.19, based on 561 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. PHSC's current Quick Ratio of 1.46 is 22.7% 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 PHSC and its competitors. For the Conglomerates industry, the median Quick Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PHSC's current Quick Ratio is 1.46, which is 28% below median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PHSC stock overvalued right now?
Based on GuruFocus' analysis, PHSC (LSE:PHSC) is currently considered Possible Value Trap. The stock's GF Value™ is £0.19, compared to a current price of £0.08 — trading 59.2% below its estimated fair value. The current Quick Ratio is 1.46, which is 28% below median its 10-year median of 2.02 and 22.7% above the Conglomerates industry median of 1.19. 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 PHSC (LSE:PHSC), the current Quick Ratio is 1.46 as of Sep. 2025. 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.

PHSC Business Description

Address 31 Rochester Road, The Old Church, Aylesford, Kent, GBR, ME20 7PR
PHSC PLC operates through three operating divisions: Safety, Systems, and Security. It advises on the health, safety, and security of people and property across a diverse range of business sectors and designs, implements, and manages international management systems (known as ISO systems). It generates the majority of its revenue from Health and safety services.