NTPY (NetPay International) Quick Ratio: 0.25 (As of Sep. 2021)

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What is NetPay International Quick Ratio?

NetPay International NTPY -25.00% Quick Ratio is 0.25 as of Sep. 2021.

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. NetPay International's quick ratio for the quarter that ended in Sep. 2021 was 0.25.

NetPay International has a quick ratio of 0.25. It indicates that the company cannot currently fully pay back its current liabilities.

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

NTPY's Quick Ratio is not ranked *
in the Software industry.
Industry Median: 1.7
* Ranked among companies with meaningful Quick Ratio only.

NetPay International  (OTCPK:NTPY) 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.


NetPay International Quick Ratio Related Terms


NetPay International Quick Ratio Historical Data

* Premium members only.

The historical data trend for NetPay International'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.

NetPay International Quick Ratio Chart

NetPay International Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20
Quick Ratio
0.11 0.03 0.02 0.36 0.72

NetPay International Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Dec20 Mar21 Jun21 Sep21
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 0.72 0.25 0.63 0.46 0.25

NTPY vs DCLT, CGLO, SMME: Quick Ratio Comparison

For the Software - Infrastructure subindustry, NetPay International'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.


NetPay International Quick Ratio vs Software Industry

For the Software industry and Technology sector, NetPay International's Quick Ratio distribution charts can be found below:

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



NetPay International 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.

NetPay International's Quick Ratio for the fiscal year that ended in Mar. 2020 is calculated as

Quick Ratio (A: Mar. 2020 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.65-0)/0.904
=0.72

NetPay International's Quick Ratio for the quarter that ended in Sep. 2021 is calculated as

Quick Ratio (Q: Sep. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.059-0)/0.232
=0.25

* 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 0.25 mean?
NetPay International (NTPY) has a Quick Ratio of 0.25 as of Sep. 2021. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on NetPay International and its competitors.
Is NetPay International's Quick Ratio too high?
NetPay International's current Quick Ratio is 0.25. The Software industry median Quick Ratio is 1.70. NetPay International's value of 0.25 is 85.3% below this industry median.
How does NetPay International's Quick Ratio compare to DCLT and CGLO?
NetPay International's Quick Ratio of 0.25 can be compared against companies in the Software industry. The industry median Quick Ratio is 1.70. NetPay International's value of 0.25 is 85.3% below 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 Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,875 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. NetPay International's current Quick Ratio of 0.25 is 85.3% 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 NetPay International and its competitors. For the Software industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetPay International's current Quick Ratio is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetPay International stock overvalued right now?
NetPay International (NTPY) has a current Quick Ratio of 0.25. The current Quick Ratio is 0.25 and 85.3% below the Software industry median of 1.70. 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 NetPay International (NTPY), the current Quick Ratio is 0.25 as of Sep. 2021. 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.

NetPay International Business Description

Address 2 Hamanofim Street, Herzliya Pituach, Herzliya, ISR, 46722562
NetPay International Inc is a United States based development stage company. It offers online payment gateway solutions. The company has developed powerful monitoring systems to ensure clients safety and prevent fraud risks.