NROM (Noble Roman's) Quick Ratio: 0.30 (As of Mar. 2026) — 81% Below Median


NROM Noble Roman's Inc NROM
31 GF Score
Price $0.54
GF Value $0.32
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Noble Roman's Quick Ratio?

Noble Roman's NROM +0.09% 31 Quick Ratio is 0.30 as of Mar. 2026, which is 81% below its 10-year median of 1.56. GuruFocus rates NROM with a GF Score™ of 31/100 and a GF Value™ of $0.32 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 361 Restaurants companies, Noble Roman's ranks worse than 86.43% on this metric.

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. Noble Roman's's quick ratio for the quarter that ended in Mar. 2026 was 0.30.

Noble Roman's has a quick ratio of 0.30. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Noble Roman's's Quick Ratio or its related term are showing as below:

NROM' s Quick Ratio Range Over the Past 10 Years
Min: 0.22   Med: 1.56   Max: 4.07
Current: 0.3

During the past 13 years, Noble Roman's's highest Quick Ratio was 4.07. The lowest was 0.22. And the median was 1.56.

NROM's Quick Ratio is ranked worse than
86.43% of 361 companies
in the Restaurants industry
Industry Median: 0.87 vs NROM: 0.30

Noble Roman's  (OTCPK:NROM) 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.


Noble Roman's Quick Ratio Related Terms


Noble Roman's Quick Ratio Historical Data

* Premium members only.

The historical data trend for Noble Roman's'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.

Noble Roman's Quick Ratio Chart

Noble Roman's Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 0.58 0.79 0.60 0.28

Noble Roman's Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.58 0.64 0.27 0.28 0.30

NROM vs GTIM, PETZ, CCHH: Quick Ratio Comparison

For the Restaurants subindustry, Noble Roman's'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.


Noble Roman's Quick Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Noble Roman's's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Noble Roman's's Quick Ratio falls into.


NROM
31GF Score
Noble Roman's Inc NROM
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noble Roman's 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.

Noble Roman's's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3.247-0.965)/8.198
=0.28

Noble Roman's's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3.397-1)/8.002
=0.30

* 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 0.30 mean?
Noble Roman's (NROM) has a Quick Ratio of 0.30 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Noble Roman's and its competitors. This is 81% below median its historical median of 1.56. Over the past decade, Noble Roman's' Quick Ratio has ranged from 0.22 to 4.07. According to the industry distribution chart, Noble Roman's ranks #312 out of 361 companies in the Restaurants industry, placing it in the top 86.4%.
Is Noble Roman's' Quick Ratio too high?
Noble Roman's' current Quick Ratio of 0.30 is 81% below median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 4.07. The Restaurants industry median Quick Ratio is 0.87. Noble Roman's' value of 0.30 is 65.5% below this industry median. Based on the distribution chart, Noble Roman's ranks #312 out of 361 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Noble Roman's has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Noble Roman's' Quick Ratio compare to GTIM and PETZ?
According to the Restaurants industry distribution chart, Noble Roman's ranks #312 out of 361 companies for Quick Ratio. This places Noble Roman's in the lower half of its industry. The industry median Quick Ratio is 0.87. Noble Roman's' value of 0.30 is 65.5% below this benchmark. Historically, Noble Roman's' own Quick Ratio has ranged from 0.22 to 4.07 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 0.87, Noble Roman's 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 Restaurants company?
The median Quick Ratio among Restaurants companies is 0.87, based on 361 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. Noble Roman's's current Quick Ratio of 0.30 is 65.5% 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 Noble Roman's and its competitors. For the Restaurants industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble Roman's's current Quick Ratio is 0.30, which is 81% below median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble Roman's stock overvalued right now?
Based on GuruFocus' analysis, Noble Roman's (NROM) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.32, compared to a current price of $0.54 — trading 69.1% above its estimated fair value. The current Quick Ratio is 0.30, which is 81% below median its 10-year median of 1.56 and 65.5% below the Restaurants industry median of 0.87. Noble Roman's' overall GF Score™ is 31/100 with 2 warning signs 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 Noble Roman's (NROM), the current Quick Ratio is 0.30 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.

Is Noble Roman's (NROM) Overvalued in 2026?

Based on GuruFocus' analysis, Noble Roman's stock appears to be overvalued. The current stock price of $0.54 is trading 69.1% above its estimated GF Value™ of $0.32. GuruFocus considers Noble Roman's to be Significantly Overvalued.

Key valuation signals for NROM:

  • Quick Ratio: 0.30 (81% below median its 10-year median of 1.56)
  • GF Value™: $0.32 vs. price of $0.54 (69.1% above fair value)
  • GF Score™: 31/100 with 2 warning signs
  • Industry Position: 65.5% below the Restaurants median (#312 of 361)

No single metric tells the full story. See the NROM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Noble Roman's Business Description

Address 6612 E. 75th Street, Suite 450, Indianapolis, IN, USA, 46250
Noble Roman's Inc is a restaurant operator. It sells and services franchises and licenses and operates Company-owned stand-alone restaurants and non-traditional foodservice operations under the trade names Noble Roman's Craft Pizza & Pub, Noble Roman's Pizza, Noble Roman's Take-N-Bake, and Tuscano's Italian Style Subs. The Company has two reportable operating segments: Franchising - Consists of franchise royalties, franchise fee revenue, manufacturer and distributor allowances, equipment commissions, and related support activities; and Company-Owned Restaurants - Consists of the operations of Company-owned Craft Pizza & Pub locations and Company-operated non-traditional restaurant locations.
31GF Score

Get the complete analysis for NROM

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.54
Price
$0.32
GF Value