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Innomet Advanced MaterialsNSE:INNOMET -0.95%44 Quick Ratio is 2.04 as of Mar. 2026, which is 278% above its 10-year median of 0.54. GuruFocus rates NSE:INNOMET with a GF Score™ of 44/100. The stock has 7 warning signs investors should review. Among 2,643 Metals & Mining companies, Innomet Advanced Materials ranks worse than 54.26% on this metric.
Innomet Advanced Materials (NSE:INNOMET) 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.
Innomet Advanced Materials Quick Ratio Related Terms
Innomet Advanced Materials 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.
Innomet Advanced Materials Quick Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Innomet Advanced Materials'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.
Innomet Advanced Materials Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Innomet Advanced Materials's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Innomet Advanced Materials's Quick Ratio falls into.
Innomet Advanced Materials 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.
* 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.
Innomet Advanced Materials (NSE:INNOMET) has a Quick Ratio of 2.04 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Innomet Advanced Materials and its competitors. This is 278% above median its historical median of 0.54. Over the past decade, Innomet Advanced Materials' Quick Ratio has ranged from 0.31 to 2.04. According to the industry distribution chart, Innomet Advanced Materials ranks #1434 out of 2643 companies in the Metals & Mining industry, placing it in the top 54.3%.
Is Innomet Advanced Materials' Quick Ratio too high?
Innomet Advanced Materials' current Quick Ratio of 2.04 is 278% above median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 2.04. The Metals & Mining industry median Quick Ratio is 2.42. Innomet Advanced Materials' value of 2.04 is 15.7% below this industry median. Based on the distribution chart, Innomet Advanced Materials ranks #1434 out of 2643 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Innomet Advanced Materials has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Innomet Advanced Materials' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Innomet Advanced Materials ranks #1434 out of 2643 companies for Quick Ratio. This places Innomet Advanced Materials in the lower half of its industry. The industry median Quick Ratio is 2.42. Innomet Advanced Materials' value of 2.04 is 15.7% below this benchmark. Historically, Innomet Advanced Materials' own Quick Ratio has ranged from 0.31 to 2.04 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 2.42, Innomet Advanced Materials 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 Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.42, based on 2,643 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. Innomet Advanced Materials's current Quick Ratio of 2.04 is 15.7% 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 Innomet Advanced Materials and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innomet Advanced Materials's current Quick Ratio is 2.04, which is 278% above median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innomet Advanced Materials stock overvalued right now?
Innomet Advanced Materials (NSE:INNOMET) has a current Quick Ratio of 2.04. The current Quick Ratio is 2.04, which is 278% above median its 10-year median of 0.54 and 15.7% below the Metals & Mining industry median of 2.42. Innomet Advanced Materials' overall GF Score™ is 44/100 with 7 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 Innomet Advanced Materials (NSE:INNOMET), the current Quick Ratio is 2.04 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.
Innomet Advanced Materials Ltd is involved in manufacturing and supplying ferrous and non-ferrous metal/alloy powders and tungsten heavy alloy components. It has two divisions under the brand names Innomet Powders and Innotung. Innomet Powders produces metal and alloy powders using water, air, and gas atomization processes. Innotung is the brand name for the tungsten heavy alloy series made through powder metallurgy by the company. It supplies these materials as bars, plates, cubes, spheres, and components of various sizes and shapes, also in finished machined condition according to customer drawings. The company operates in two product segments: metal powders and tungsten heavy alloys.
44GF Score
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