ProVen VCT (LSE:PVN) Quick Ratio: 60.42 (As of Feb. 2023)

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LSE:PVN ProVen VCT PLC LSE:PVN
28 GF Score
Price £0.57
! 6 Warning Signs
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What is ProVen VCT Quick Ratio?

ProVen VCT LSE:PVN 28 Quick Ratio is 60.42 as of Feb. 2023. GuruFocus rates LSE:PVN with a GF Score™ of 28/100. The stock has 6 warning signs investors should review. Among 703 Asset Management companies, ProVen VCT ranks worse than 142247.37% 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. ProVen VCT's quick ratio for the quarter that ended in Feb. 2023 was 60.42.

ProVen VCT has a quick ratio of 60.42. It generally indicates good short-term financial strength.

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

LSE:PVN's Quick Ratio is not ranked *
in the Asset Management industry.
Industry Median: 2.75
* Ranked among companies with meaningful Quick Ratio only.

ProVen VCT  (LSE:PVN) 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.


ProVen VCT Quick Ratio Related Terms


ProVen VCT Quick Ratio Historical Data

* Premium members only.

The historical data trend for ProVen VCT'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.

ProVen VCT Quick Ratio Chart

ProVen VCT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.17 60.42 38.00 120.68 163.00

ProVen VCT Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23
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 86.19 32.03 18.17 66.08 60.42

LSE:PVN vs BLK, BX, KKR: Quick Ratio Comparison

For the Asset Management subindustry, ProVen VCT'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.


ProVen VCT Quick Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, ProVen VCT's Quick Ratio distribution charts can be found below:

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


LSE:PVN
28GF Score
ProVen VCT PLC LSE:PVN
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ProVen VCT 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.

ProVen VCT's Quick Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Quick Ratio (A: Feb. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(40.425-0)/0.248
=163.00

ProVen VCT's Quick Ratio for the quarter that ended in Feb. 2023 is calculated as

Quick Ratio (Q: Feb. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(47.305-0)/0.783
=60.42

* 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 60.42 mean?
ProVen VCT (LSE:PVN) has a Quick Ratio of 60.42 as of Feb. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on ProVen VCT and its competitors. According to the industry distribution chart, ProVen VCT ranks #999999 out of 703 companies in the Asset Management industry.
Is ProVen VCT's Quick Ratio too high?
ProVen VCT's current Quick Ratio is 60.42. The Asset Management industry median Quick Ratio is 2.75. ProVen VCT's value of 60.42 is 2097.1% above this industry median. Based on the distribution chart, ProVen VCT ranks #999999 out of 703 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, ProVen VCT has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does ProVen VCT's Quick Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, ProVen VCT ranks #999999 out of 703 companies for Quick Ratio. This places ProVen VCT in the lower half of its industry. The industry median Quick Ratio is 2.75. ProVen VCT's value of 60.42 is 2097.1% above 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 an Asset Management company?
The median Quick Ratio among Asset Management companies is 2.75, based on 703 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. ProVen VCT's current Quick Ratio of 60.42 is 2097.1% 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 ProVen VCT and its competitors. For the Asset Management industry, the median Quick Ratio is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ProVen VCT's current Quick Ratio is 60.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ProVen VCT stock overvalued right now?
ProVen VCT (LSE:PVN) has a current Quick Ratio of 60.42. The current Quick Ratio is 60.42 and 2097.1% above the Asset Management industry median of 2.75. ProVen VCT's overall GF Score™ is 28/100 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 ProVen VCT (LSE:PVN), the current Quick Ratio is 60.42 as of Feb. 2023. 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.

ProVen VCT Business Description

Address 55 Drury Lane, Charter House, London, GBR, WC2B 5SQ
ProVen VCT PLC is an investment company that invests in a portfolio of carefully selected smaller companies. The Company operates as a Venture Capital Trust, enabling shareholders to benefit from available tax reliefs, and has outsourced its portfolio management and administration functions. Its investment objective is to achieve long-term returns greater than those available from portfolios of quoted companies by investing in carefully selected qualifying holdings in small and medium-sized unquoted companies with growth prospects, together with non-qualifying investments held for liquidity management purposes.
28GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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