Gulf Investment Services CoOG (MUS:GISI) Quick Ratio: 1.63 (As of Dec. 2019)


What is Gulf Investment Services CoOG Quick Ratio?

Gulf Investment Services CoOG MUS:GISI Quick Ratio is 1.63 as of Dec. 2019.

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. Gulf Investment Services CoOG's quick ratio for the quarter that ended in Dec. 2019 was 1.63.

Gulf Investment Services CoOG has a quick ratio of 1.63. It generally indicates good short-term financial strength.

The historical rank and industry rank for Gulf Investment Services CoOG's Quick Ratio or its related term are showing as below:

MUS:GISI's Quick Ratio is not ranked *
in the Asset Management industry.
Industry Median: 2.795
* Ranked among companies with meaningful Quick Ratio only.

Gulf Investment Services CoOG  (MUS:GISI) 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.


Gulf Investment Services CoOG Quick Ratio Related Terms


Gulf Investment Services CoOG Quick Ratio Historical Data

* Premium members only.

The historical data trend for Gulf Investment Services CoOG'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.

Gulf Investment Services CoOG Quick Ratio Chart

Gulf Investment Services CoOG Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 1.19 1.07 1.65 1.63

Gulf Investment Services CoOG Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 1.65 1.09 1.29 1.06 1.63

MUS:GISI vs BLK, BX, BK: Quick Ratio Comparison

For the Asset Management subindustry, Gulf Investment Services CoOG'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.


Gulf Investment Services CoOG Quick Ratio vs Asset Management Industry

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

* The bar in red indicates where Gulf Investment Services CoOG's Quick Ratio falls into.



Gulf Investment Services CoOG 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.

Gulf Investment Services CoOG's Quick Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Quick Ratio (A: Dec. 2019 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(6.475-0)/3.964
=1.63

Gulf Investment Services CoOG's Quick Ratio for the quarter that ended in Dec. 2019 is calculated as

Quick Ratio (Q: Dec. 2019 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(6.475-0)/3.964
=1.63

* 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 1.63 mean?
Gulf Investment Services CoOG (MUS:GISI) has a Quick Ratio of 1.63 as of Dec. 2019. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Gulf Investment Services CoOG and its competitors.
Is Gulf Investment Services CoOG's Quick Ratio too high?
Gulf Investment Services CoOG's current Quick Ratio is 1.63. The Asset Management industry median Quick Ratio is 2.80. Gulf Investment Services CoOG's value of 1.63 is 41.7% below this industry median.
How does Gulf Investment Services CoOG's Quick Ratio compare to BLK and BX?
Gulf Investment Services CoOG's Quick Ratio of 1.63 can be compared against companies in the Asset Management industry. The industry median Quick Ratio is 2.80. Gulf Investment Services CoOG's value of 1.63 is 41.7% 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 an Asset Management company?
The median Quick Ratio among Asset Management companies is 2.80, based on 706 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. Gulf Investment Services CoOG's current Quick Ratio of 1.63 is 41.7% 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 Gulf Investment Services CoOG and its competitors. For the Asset Management industry, the median Quick Ratio is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulf Investment Services CoOG's current Quick Ratio is 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Investment Services CoOG stock overvalued right now?
Gulf Investment Services CoOG (MUS:GISI) has a current Quick Ratio of 1.63. The current Quick Ratio is 1.63 and 41.7% below the Asset Management industry median of 2.80. 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 Gulf Investment Services CoOG (MUS:GISI), the current Quick Ratio is 1.63 as of Dec. 2019. 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.

Gulf Investment Services CoOG Business Description

Address Building No. 1540, Way No. 2724, Al Gazal Tower Seventh Floor, P.O. Box 974, Capital Business District, Ruwi, Muscat, OMN, 112
Gulf Investment Services Co SAOG is engaged in the asset management business sector. The company operates in various business segments that are Investment Activities, which is related to the group's proprietary portfolio; and Asset Management and Brokerage, which offers services to retail customers, high net worth individuals, and institutional clients. The Asset Management and Brokerage segment generate maximum revenue for the company. Geographically, the company offers its services to the Sultanate of Oman, Gulf countries, and other regions.