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NewHold Investment IIINHIC +0.46%15 Quick Ratio is 0.43 as of Mar. 2026, which is 90% below its 10-year median of 4.30. GuruFocus rates NHIC with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 492 Diversified Financial Services companies, NewHold Investment III ranks worse than 77.03% on this metric.
NewHold Investment III has a quick ratio of 0.43. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for NewHold Investment III's Quick Ratio or its related term are showing as below:
NHIC'
s Quick Ratio Range Over the Past 10 Years
Min: 0.12 Med: 4.3 Max: 11.03
Current: 0.43
During the past 2 years, NewHold Investment III's highest Quick Ratio was 11.03. The lowest was 0.12. And the median was 4.30.
NHIC's Quick Ratio is ranked worse than 77.03% of 492
companies
in the Diversified Financial Services industry
Industry Median: 3.19
vs NHIC: 0.43
NewHold Investment III (NAS:NHIC) 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.
NewHold Investment III Quick Ratio Related Terms
NewHold Investment III 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.
For the Shell Companies subindustry, NewHold Investment III'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.
NewHold Investment III Quick Ratio vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, NewHold Investment III's Quick Ratio distribution charts can be found below:
* The bar in red indicates where NewHold Investment III'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.
NewHold Investment III'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.
NewHold Investment III (NHIC) has a Quick Ratio of 0.43 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on NewHold Investment III and its competitors. This is 90% below median its historical median of 4.30. Over the past decade, NewHold Investment III's Quick Ratio has ranged from 0.12 to 11.03. According to the industry distribution chart, NewHold Investment III ranks #379 out of 492 companies in the Diversified Financial Services industry, placing it in the top 77%.
Is NewHold Investment III's Quick Ratio too high?
NewHold Investment III's current Quick Ratio of 0.43 is 90% below median its 10-year median of 4.30. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 11.03. The Diversified Financial Services industry median Quick Ratio is 3.19. NewHold Investment III's value of 0.43 is 86.5% below this industry median. Based on the distribution chart, NewHold Investment III ranks #379 out of 492 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, NewHold Investment III has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does NewHold Investment III's Quick Ratio compare to ITHA and BIXI?
According to the Diversified Financial Services industry distribution chart, NewHold Investment III ranks #379 out of 492 companies for Quick Ratio. This places NewHold Investment III in the lower half of its industry. The industry median Quick Ratio is 3.19. NewHold Investment III's value of 0.43 is 86.5% below this benchmark. Historically, NewHold Investment III's own Quick Ratio has ranged from 0.12 to 11.03 over the past decade. While the company's 10-year median is 4.30 vs. the industry median of 3.19, NewHold Investment III 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 a Diversified Financial Services company?
The median Quick Ratio among Diversified Financial Services companies is 3.19, based on 492 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. NewHold Investment III's current Quick Ratio of 0.43 is 86.5% 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 NewHold Investment III and its competitors. For the Diversified Financial Services industry, the median Quick Ratio is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NewHold Investment III's current Quick Ratio is 0.43, which is 90% below median its own 10-year median of 4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NewHold Investment III stock overvalued right now?
NewHold Investment III (NHIC) has a current Quick Ratio of 0.43. The current Quick Ratio is 0.43, which is 90% below median its 10-year median of 4.30 and 86.5% below the Diversified Financial Services industry median of 3.19. NewHold Investment III's overall GF Score™ is 15/100 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 NewHold Investment III (NHIC), the current Quick Ratio is 0.43 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.
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