Alpha Namibia Industries Renewable Power (NAM:ANE) Quick Ratio: 0.00 (As of . 20)

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NAM:ANE Alpha Namibia Industries Renewable Power Ltd NAM:ANE
18 GF Score
Price N$8.80
! 1 Warning Sign
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What is Alpha Namibia Industries Renewable Power Quick Ratio?

Alpha Namibia Industries Renewable Power NAM:ANE 18 Quick Ratio is 0.00 as of . 20. GuruFocus rates NAM:ANE with a GF Score™ of 18/100. The stock has 1 warning sign investors should review.

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. Alpha Namibia Industries Renewable Power's quick ratio for the quarter that ended in . 20 was 0.00.

Alpha Namibia Industries Renewable Power has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Alpha Namibia Industries Renewable Power's Quick Ratio or its related term are showing as below:

NAM:ANE's Quick Ratio is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 1.235
* Ranked among companies with meaningful Quick Ratio only.

Alpha Namibia Industries Renewable Power  (NAM:ANE) 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.


Alpha Namibia Industries Renewable Power Quick Ratio Related Terms


Alpha Namibia Industries Renewable Power Quick Ratio Historical Data

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The historical data trend for Alpha Namibia Industries Renewable Power'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.

Alpha Namibia Industries Renewable Power Quick Ratio Chart

Alpha Namibia Industries Renewable Power Annual Data
Trend
Quick Ratio

Alpha Namibia Industries Renewable Power Semi-Annual Data
Quick Ratio

NAM:ANE vs : Quick Ratio Comparison

For the Utilities - Renewable subindustry, Alpha Namibia Industries Renewable Power'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.


Alpha Namibia Industries Renewable Power Quick Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alpha Namibia Industries Renewable Power's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Alpha Namibia Industries Renewable Power's Quick Ratio falls into.


NAM:ANE
18GF Score
Alpha Namibia Industries Renewable Power Ltd NAM:ANE
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpha Namibia Industries Renewable Power 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.

Alpha Namibia Industries Renewable Power's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Alpha Namibia Industries Renewable Power's Quick Ratio for the quarter that ended in . 20 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.00 mean?
Alpha Namibia Industries Renewable Power (NAM:ANE) has a Quick Ratio of 0.00 as of . 20. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Alpha Namibia Industries Renewable Power and its competitors.
Is Alpha Namibia Industries Renewable Power's Quick Ratio too high?
Alpha Namibia Industries Renewable Power's current Quick Ratio is 0.00. Overall, Alpha Namibia Industries Renewable Power has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Alpha Namibia Industries Renewable Power's Quick Ratio compare to ?
Alpha Namibia Industries Renewable Power's Quick Ratio of 0.00 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Quick Ratio is 1.24. 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 - Independent Power Producers company?
The median Quick Ratio among Utilities - Independent Power Producers companies is 1.24, based on 446 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. 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 Alpha Namibia Industries Renewable Power and its competitors. For the Utilities - Independent Power Producers industry, the median Quick Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Namibia Industries Renewable Power's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Namibia Industries Renewable Power stock overvalued right now?
Alpha Namibia Industries Renewable Power (NAM:ANE) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. Alpha Namibia Industries Renewable Power's overall GF Score™ is 18/100 with 1 warning sign 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 Alpha Namibia Industries Renewable Power (NAM:ANE), the current Quick Ratio is 0.00 as of . 20. 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.

Alpha Namibia Industries Renewable Power Business Description

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Address 47, Nelson Mandela Avenue, Klein Windhoek, Windhoek, NAM
Alpha Namibia Industries Renewable Power Ltd is an investment entity incorporated in Namibia with interests in the renewable energy industry. The company focuses on operating, developing, building, acquiring, and sustainably investing in utility-scale renewable energy to supply (and trade) bulk renewable energy in Namibia and the Southern African Power Pool (SAPP). One of the key projects in its portfolio is the Luderitz Wind Power Project, a 50 megawatt onshore wind farm south of Luderitz, Namibia. The group generates maximum revenue from the IPP Sale of Electricity, followed by Operations and Maintenance, and Engineering, Procurement, and Construction (EPC) of renewable energy plants.
18GF Score

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N$8.80
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