MIC:FEES's Quick Ratio is not ranked *
in the Utilities - Regulated industry.
Industry Median: 1.005 * Ranked among companies with meaningful Quick Ratio only.
Federal Grid Company Rosseti PJSC (MIC:FEES) 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.
Federal Grid Company Rosseti PJSC Quick Ratio Related Terms
Federal Grid Company Rosseti PJSC Quick Ratio Historical Data
* 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.
Federal Grid Company Rosseti PJSC Quick Ratio Chart
For the Utilities - Regulated Electric subindustry, Federal Grid Company Rosseti PJSC'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.
Federal Grid Company Rosseti PJSC Quick Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Federal Grid Company Rosseti PJSC's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Federal Grid Company Rosseti PJSC's Quick Ratio falls into.
Federal Grid Company Rosseti PJSC 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.
* 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.
Federal Grid Company Rosseti PJSC (MIC:FEES) has a Quick Ratio of 0.65 as of Jun. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Federal Grid Company Rosseti PJSC and its competitors.
Is Federal Grid Company Rosseti PJSC's Quick Ratio too high?
Federal Grid Company Rosseti PJSC's current Quick Ratio is 0.65. The Utilities - Regulated industry median Quick Ratio is 1.01. Federal Grid Company Rosseti PJSC's value of 0.65 is 35.3% below this industry median. Overall, Federal Grid Company Rosseti PJSC has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Federal Grid Company Rosseti PJSC's Quick Ratio compare to NEE and SO?
Federal Grid Company Rosseti PJSC's Quick Ratio of 0.65 can be compared against companies in the Utilities - Regulated industry. The industry median Quick Ratio is 1.01. Federal Grid Company Rosseti PJSC's value of 0.65 is 35.3% 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 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. Federal Grid Company Rosseti PJSC's current Quick Ratio of 0.65 is 35.3% 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 Federal Grid Company Rosseti PJSC 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. Federal Grid Company Rosseti PJSC's current Quick Ratio is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Grid Company Rosseti PJSC stock overvalued right now?
Federal Grid Company Rosseti PJSC (MIC:FEES) has a current Quick Ratio of 0.65. The current Quick Ratio is 0.65 and 35.3% below the Utilities - Regulated industry median of 1.01. Federal Grid Company Rosseti PJSC's overall GF Score™ is 55/100. 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 Federal Grid Company Rosseti PJSC (MIC:FEES), the current Quick Ratio is 0.65 as of Jun. 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.
Federal Grid Company Rosseti PJSC Business Description
Federal Grid Company Rosseti PJSC is a Russian electric utility company of which the Russian Federation is the majority shareholder through its subsidiary, PJSC "Russian Grids." The company's principal activity is the transmission of electricity via the Russian Unified National Electric Grid. Federal Grid Company does this through its operation of numerous substations, transformers, and electricity transmission lines all throughout Russia. The vast majority of the company's revenue is derived from the provision of electricity transmission services to a variety of customers, such as industrial firms and other Russian utilities companies. This income stream is dependent upon changes in tariffs set by the Russian government and electricity demand.
55GF Score
Get the complete analysis for MIC:FEES
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIC:FEES has been successfully added to your 
