Third Age Health Services (NZSE:TAH) Quick Ratio: 1.05 (As of Mar. 2026) — Near Median


NZSE:TAH Third Age Health Services Ltd NZSE:TAH
87 GF Score
Price NZ$4.60
GF Value NZ$3.42
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Third Age Health Services Quick Ratio?

Third Age Health Services NZSE:TAH 87 Quick Ratio is 1.05 as of Mar. 2026, which is 4% below its 10-year median of 1.09. GuruFocus rates NZSE:TAH with a GF Score™ of 87/100 and a GF Value™ of NZ$3.42 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 680 Healthcare Providers & Services companies, Third Age Health Services ranks worse than 61.18% 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. Third Age Health Services's quick ratio for the quarter that ended in Mar. 2026 was 1.05.

Third Age Health Services has a quick ratio of 1.05. It generally indicates good short-term financial strength.

The historical rank and industry rank for Third Age Health Services's Quick Ratio or its related term are showing as below:

NZSE:TAH' s Quick Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.09   Max: 1.51
Current: 1.05

During the past 6 years, Third Age Health Services's highest Quick Ratio was 1.51. The lowest was 0.64. And the median was 1.09.

NZSE:TAH's Quick Ratio is ranked worse than
61.18% of 680 companies
in the Healthcare Providers & Services industry
Industry Median: 1.32 vs NZSE:TAH: 1.05

Third Age Health Services  (NZSE:TAH) 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.


Third Age Health Services Quick Ratio Related Terms


Third Age Health Services Quick Ratio Historical Data

* Premium members only.

The historical data trend for Third Age Health Services'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.

Third Age Health Services Quick Ratio Chart

Third Age Health Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial 1.51 0.84 0.64 1.13 1.05

Third Age Health Services Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.01 0.64 1.04 1.13 1.05

NZSE:TAH vs HCA, THC, DVA: Quick Ratio Comparison

For the Medical Care Facilities subindustry, Third Age Health Services'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.


Third Age Health Services Quick Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Third Age Health Services's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Third Age Health Services's Quick Ratio falls into.


NZSE:TAH
87GF Score
Third Age Health Services Ltd NZSE:TAH
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Third Age Health Services 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.

Third Age Health Services's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4.331-0)/4.12
=1.05

Third Age Health Services'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
=(4.331-0)/4.12
=1.05

* 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 1.05 mean?
Third Age Health Services (NZSE:TAH) has a Quick Ratio of 1.05 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Third Age Health Services and its competitors. This is near median its historical median of 1.09. Over the past decade, Third Age Health Services' Quick Ratio has ranged from 0.64 to 1.51. According to the industry distribution chart, Third Age Health Services ranks #416 out of 680 companies in the Healthcare Providers & Services industry, placing it in the top 61.2%.
Is Third Age Health Services' Quick Ratio too high?
Third Age Health Services' current Quick Ratio of 1.05 is near median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.51. The Healthcare Providers & Services industry median Quick Ratio is 1.32. Third Age Health Services' value of 1.05 is 20.5% below this industry median. Based on the distribution chart, Third Age Health Services ranks #416 out of 680 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Third Age Health Services has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Third Age Health Services' Quick Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Third Age Health Services ranks #416 out of 680 companies for Quick Ratio. This places Third Age Health Services in the lower half of its industry. The industry median Quick Ratio is 1.32. Third Age Health Services' value of 1.05 is 20.5% below this benchmark. Historically, Third Age Health Services' own Quick Ratio has ranged from 0.64 to 1.51 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.32, Third Age Health Services 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 Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.32, based on 680 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. Third Age Health Services's current Quick Ratio of 1.05 is 20.5% 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 Third Age Health Services and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Third Age Health Services's current Quick Ratio is 1.05, which is near median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Age Health Services stock overvalued right now?
Based on GuruFocus' analysis, Third Age Health Services (NZSE:TAH) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$3.42, compared to a current price of NZ$4.60 — trading 34.5% above its estimated fair value. The current Quick Ratio is 1.05, which is near median its 10-year median of 1.09 and 20.5% below the Healthcare Providers & Services industry median of 1.32. Third Age Health Services' overall GF Score™ is 87/100 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 Third Age Health Services (NZSE:TAH), the current Quick Ratio is 1.05 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 Third Age Health Services (NZSE:TAH) Overvalued in 2026?

Based on GuruFocus' analysis, Third Age Health Services stock appears to be overvalued. The current stock price of NZ$4.60 is trading 34.5% above its estimated GF Value™ of NZ$3.42. GuruFocus considers Third Age Health Services to be Significantly Overvalued.

Key valuation signals for NZSE:TAH:

  • Quick Ratio: 1.05 (near median its 10-year median of 1.09)
  • GF Value™: NZ$3.42 vs. price of NZ$4.60 (34.5% above fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 20.5% below the Healthcare Providers & Services median (#416 of 680)

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


Third Age Health Services Business Description

Address 536 Kennedy Road, Greenmeadows, Napier, NZL, 4112
Third Age Health Services Ltd is engaged in providing health care services to older adults residing in Aged Residential Care. The services offered by the company include 24/7 access to a doctor, Regular, scheduled rounds by a Practitioner, and Guaranteed locum cover. The company segment includes: Aged medical residential care services, being the provision of medical care services to the aged care sector. General practice medical services, being the provision of primary care services to the community.
87GF Score

Get the complete analysis for NZSE:TAH

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

NZ$4.60
Price
NZ$3.42
GF Value