Antarctica (NSE:ANTGRAPHIC) Quick Ratio: 41.79 (As of Mar. 2024)

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NSE:ANTGRAPHIC Antarctica Ltd NSE:ANTGRAPHIC
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What is Antarctica Quick Ratio?

Antarctica NSE:ANTGRAPHIC 4 Quick Ratio is 41.79 as of Mar. 2024. GuruFocus rates NSE:ANTGRAPHIC with a GF Score™ of 4/100.

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. Antarctica's quick ratio for the quarter that ended in Mar. 2024 was 41.79.

Antarctica has a quick ratio of 41.79. It generally indicates good short-term financial strength.

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

NSE:ANTGRAPHIC's Quick Ratio is not ranked *
in the Packaging & Containers industry.
Industry Median: 1.115
* Ranked among companies with meaningful Quick Ratio only.

Antarctica  (NSE:ANTGRAPHIC) 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.


Antarctica Quick Ratio Related Terms


Antarctica Quick Ratio Historical Data

* Premium members only.

The historical data trend for Antarctica'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.

Antarctica Quick Ratio Chart

Antarctica Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.91 13.36 16.50 17.14 41.79

Antarctica Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.14 0.00 21.42 0.00 41.79

NSE:ANTGRAPHIC vs IP, SW, PKG: Quick Ratio Comparison

For the Packaging & Containers subindustry, Antarctica'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.


Antarctica Quick Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Antarctica's Quick Ratio distribution charts can be found below:

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


NSE:ANTGRAPHIC
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Antarctica Ltd NSE:ANTGRAPHIC
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Antarctica 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.

Antarctica's Quick Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Quick Ratio (A: Mar. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(99.597-48.785)/1.216
=41.79

Antarctica's Quick Ratio for the quarter that ended in Mar. 2024 is calculated as

Quick Ratio (Q: Mar. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(99.597-48.785)/1.216
=41.79

* 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 41.79 mean?
Antarctica (NSE:ANTGRAPHIC) has a Quick Ratio of 41.79 as of Mar. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Antarctica and its competitors.
Is Antarctica's Quick Ratio too high?
Antarctica's current Quick Ratio is 41.79. The Packaging & Containers industry median Quick Ratio is 1.12. Antarctica's value of 41.79 is 3648% above this industry median. Overall, Antarctica has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Antarctica's Quick Ratio compare to IP and SW?
Antarctica's Quick Ratio of 41.79 can be compared against companies in the Packaging & Containers industry. The industry median Quick Ratio is 1.12. Antarctica's value of 41.79 is 3648% above 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 Packaging & Containers company?
The median Quick Ratio among Packaging & Containers companies is 1.12, based on 400 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. Antarctica's current Quick Ratio of 41.79 is 3648% above 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 Antarctica and its competitors. For the Packaging & Containers industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antarctica's current Quick Ratio is 41.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antarctica stock overvalued right now?
Antarctica (NSE:ANTGRAPHIC) has a current Quick Ratio of 41.79. The current Quick Ratio is 41.79 and 3648% above the Packaging & Containers industry median of 1.12. Antarctica'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 Antarctica (NSE:ANTGRAPHIC), the current Quick Ratio is 41.79 as of Mar. 2024. 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.

Antarctica Business Description

Address 41/A, Tara Chand Dutta Street, Chittaranjan Avenue (Kolkata), Kolkata, WB, IND, 700073
Antarctica Ltd is engaged in the packing and printing business. The company is mainly engaged in carton box manufacturing, labels printing, tea bags and other packaging items. The company manufactures printed packaging cartons/boxes of international standards and specifications. The revenue is generated from the sale of products.
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