Snam SpAMEX:SRGS N 69 Quick Ratio is 0.24 as of Mar. 2026, which is 59% below its 10-year median of 0.59. GuruFocus rates MEX:SRGS N with a GF Score™ of 69/100 and a GF Value™ of MXN66.28. The stock has 10 warning signs investors should review. Among 508 Utilities - Regulated companies, Snam SpA ranks worse than 97.64% 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. Snam SpA's quick ratio for the quarter that ended in Mar. 2026 was 0.24.
Snam SpA has a quick ratio of 0.24. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Snam SpA's Quick Ratio or its related term are showing as below:
MEX:SRGS N'
s Quick Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.59 Max: 526.17
Current: 0.24
During the past 13 years, Snam SpA's highest Quick Ratio was 526.17. The lowest was 0.03. And the median was 0.59.
MEX:SRGS N's Quick Ratio is ranked worse than 97.64% of 508
companies
in the Utilities - Regulated industry
Industry Median: 1.005
vs MEX:SRGS N: 0.24
Snam SpA (MEX:SRGS N) 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.
Snam SpA Quick Ratio Related Terms
Snam SpA Quick Ratio Historical Data
* Premium members only.
The historical data trend for Snam 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.
MEX:SRGS N vs ATO, NI, UGI: Quick Ratio Comparison
For the Utilities - Regulated Gas subindustry, Snam 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.
Snam SpA Quick Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Snam SpA's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Snam 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.
Snam SpA's Quick Ratio for the fiscal year that ended in Dec. 2025 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.
Snam SpA (MEX:SRGS N) has a Quick Ratio of 0.24 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Snam SpA and its competitors. This is 59% below median its historical median of 0.59. Over the past decade, Snam SpA's Quick Ratio has ranged from 0.03 to 526.17. According to the industry distribution chart, Snam SpA ranks #496 out of 508 companies in the Utilities - Regulated industry, placing it in the top 97.6%.
Is Snam SpA's Quick Ratio too high?
Snam SpA's current Quick Ratio of 0.24 is 59% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 526.17. The Utilities - Regulated industry median Quick Ratio is 1.01. Snam SpA's value of 0.24 is 76.1% below this industry median. Based on the distribution chart, Snam SpA ranks #496 out of 508 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Snam SpA has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Snam SpA's Quick Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Snam SpA ranks #496 out of 508 companies for Quick Ratio. This places Snam SpA in the lower half of its industry. The industry median Quick Ratio is 1.01. Snam SpA's value of 0.24 is 76.1% below this benchmark. Historically, Snam SpA's own Quick Ratio has ranged from 0.03 to 526.17 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 1.01, Snam SpA 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 an Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.01, based on 508 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. Snam SpA's current Quick Ratio of 0.24 is 76.1% 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 Snam SpA and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Snam SpA's current Quick Ratio is 0.24, which is 59% below median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snam SpA stock overvalued right now?
Snam SpA (MEX:SRGS N) has a current Quick Ratio of 0.24. The stock's GF Value™ is MXN66.28, compared to a current price of MXN86.11 — trading 29.9% above its estimated fair value. The current Quick Ratio is 0.24, which is 59% below median its 10-year median of 0.59 and 76.1% below the Utilities - Regulated industry median of 1.01. Snam SpA's overall GF Score™ is 69/100 with 10 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 Snam SpA (MEX:SRGS N), the current Quick Ratio is 0.24 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 Snam SpA (MEX:SRGS N) Overvalued in 2026?
Based on GuruFocus' analysis, Snam SpA stock appears to be overvalued.
The current stock price of MXN86.11 is trading 29.9% above its estimated GF Value™ of MXN66.28.
Key valuation signals for MEX:SRGS N:
Quick Ratio: 0.24 (59% below median its 10-year median of 0.59)
GF Value™: MXN66.28 vs. price of MXN86.11 (29.9% above fair value)
Industry Position: 76.1% below the Utilities - Regulated median (#496 of 508)
No single metric tells the full story. See the MEX:SRGS N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17% of European gas storage capacity and 18.1 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.
69GF Score
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