EnertronicaSanterno SpA has a quick ratio of 0.45. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for EnertronicaSanterno SpA's Quick Ratio or its related term are showing as below:
MIL:ENT's Quick Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 1.85 * Ranked among companies with meaningful Quick Ratio only.
EnertronicaSanterno SpA (MIL:ENT) 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.
EnertronicaSanterno SpA Quick Ratio Related Terms
EnertronicaSanterno SpA 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.
MIL:ENT vs ENPH, SEDG, FSLR: Quick Ratio Comparison
For the Solar subindustry, EnertronicaSanterno 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.
EnertronicaSanterno SpA Quick Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, EnertronicaSanterno SpA's Quick Ratio distribution charts can be found below:
* The bar in red indicates where EnertronicaSanterno 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.
EnertronicaSanterno SpA's Quick Ratio for the fiscal year that ended in Dec. 2022 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.
EnertronicaSanterno SpA (MIL:ENT) has a Quick Ratio of 0.45 as of Dec. 2021. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on EnertronicaSanterno SpA and its competitors.
Is EnertronicaSanterno SpA's Quick Ratio too high?
EnertronicaSanterno SpA's current Quick Ratio is 0.45. The Semiconductors industry median Quick Ratio is 1.85. EnertronicaSanterno SpA's value of 0.45 is 75.7% below this industry median. Overall, EnertronicaSanterno SpA has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does EnertronicaSanterno SpA's Quick Ratio compare to ENPH and SEDG?
EnertronicaSanterno SpA's Quick Ratio of 0.45 can be compared against companies in the Semiconductors industry. The industry median Quick Ratio is 1.85. EnertronicaSanterno SpA's value of 0.45 is 75.7% 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 a Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.85, based on 1,028 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. EnertronicaSanterno SpA's current Quick Ratio of 0.45 is 75.7% 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 EnertronicaSanterno SpA and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EnertronicaSanterno SpA's current Quick Ratio is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EnertronicaSanterno SpA stock overvalued right now?
EnertronicaSanterno SpA (MIL:ENT) has a current Quick Ratio of 0.45. The current Quick Ratio is 0.45 and 75.7% below the Semiconductors industry median of 1.85. EnertronicaSanterno SpA's overall GF Score™ is 4/100. 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 EnertronicaSanterno SpA (MIL:ENT), the current Quick Ratio is 0.45 as of Dec. 2021. 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.
EnertronicaSanterno SpA operates in the energy and power electronics sector. It manufactures motor drives and inverters for applications in the Industrial Automation and Solar Energy industries. The company operates across various business lines which include; Industrial Automation, Industrial Service, Photovoltaic Inverters, Energy, and Others. Maximum revenue is derived from its Photovoltaic inverters business line which is mainly concerned with the production of centralized photovoltaic inverters for utility-scale applications. The company also holds investments in solar plants and provides maintenance services for its industrial and photovoltaic inverters. Geographically, it derives maximum revenue from Italy and other European countries followed by Africa, America, and other regions.
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