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. Marr SpA's quick ratio for the quarter that ended in Dec. 2024 was 1.18.
Marr SpA has a quick ratio of 1.18. It generally indicates good short-term financial strength.
The historical rank and industry rank for Marr SpA's Quick Ratio or its related term are showing as below:
LTS:0NSS'
s Quick Ratio Range Over the Past 10 Years
Min: 1.15 Med: 1.23 Max: 1.38
Current: 1.18
During the past 13 years, Marr SpA's highest Quick Ratio was 1.38. The lowest was 1.15. And the median was 1.23.
LTS:0NSS's Quick Ratio is ranked better than 62.22% of 315
companies
in the Retail - Defensive industry
Industry Median: 0.85
vs LTS:0NSS: 1.18
Marr SpA Quick Ratio Historical Data
The historical data trend for Marr SpA'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.
For the Food Distribution subindustry, Marr SpA'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.
Marr SpA's Quick Ratio Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Marr SpA's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Marr SpA's Quick Ratio falls into.
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.
Marr SpA's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
Marr SpA (LTS:0NSS) 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.
Marr SpA Quick Ratio Related Terms
Thank you for viewing the detailed overview of Marr SpA's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Marr SpA is an Italian distributor of frozen and fresh products to the non-domestic catering sector. The company's products consist of seafood, meat, grocery, fruits and vegetables, and kitchen equipment, as well as private label products. Marr operates through a network of sales agents, distribution centers, stocking platforms, and logistics. The group categorizes the customers as the street market, which includes restaurants and hotels not belonging to groups or chains; the national account, which contains operators of chains and groups and canteens, and the wholesale category. Marr generates more than half of its revenue from street market customers.
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