Vector (NZSE:VCT) Quick Ratio: 0.48 (As of Dec. 2025) — Near Median


NZSE:VCT Vector Ltd NZSE:VCT
72 GF Score
Price NZ$4.99
GF Value NZ$4.15
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Vector Quick Ratio?

Vector NZSE:VCT -1.58% 72 Quick Ratio is 0.48 as of Dec. 2025, which is 6% below its 10-year median of 0.51. GuruFocus rates NZSE:VCT with a GF Score™ of 72/100 and a GF Value™ of NZ$4.15 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 510 Utilities - Regulated companies, Vector ranks worse than 87.45% 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. Vector's quick ratio for the quarter that ended in Dec. 2025 was 0.48.

Vector has a quick ratio of 0.48. It indicates that the company cannot currently fully pay back its current liabilities.

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

NZSE:VCT' s Quick Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.51   Max: 3.18
Current: 0.48

During the past 13 years, Vector's highest Quick Ratio was 3.18. The lowest was 0.26. And the median was 0.51.

NZSE:VCT's Quick Ratio is ranked worse than
87.45% of 510 companies
in the Utilities - Regulated industry
Industry Median: 1.005 vs NZSE:VCT: 0.48

Vector  (NZSE:VCT) 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.


Vector Quick Ratio Related Terms


Vector Quick Ratio Historical Data

* Premium members only.

The historical data trend for Vector'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.

Vector Quick Ratio Chart

Vector Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.44 1.31 0.64 0.93

Vector Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.23 0.64 0.73 0.93 0.48

NZSE:VCT vs SRE, AES: Quick Ratio Comparison

For the Utilities - Diversified subindustry, Vector'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.


Vector Quick Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Vector's Quick Ratio distribution charts can be found below:

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


NZSE:VCT
72GF Score
Vector Ltd NZSE:VCT
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vector 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.

Vector's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Quick Ratio (A: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(258.4-11.5)/266.2
=0.93

Vector's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(204.2-0)/429
=0.48

* 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 0.48 mean?
Vector (NZSE:VCT) has a Quick Ratio of 0.48 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Vector and its competitors. This is near median its historical median of 0.51. Over the past decade, Vector's Quick Ratio has ranged from 0.26 to 3.18. According to the industry distribution chart, Vector ranks #446 out of 510 companies in the Utilities - Regulated industry, placing it in the top 87.5%.
Is Vector's Quick Ratio too high?
Vector's current Quick Ratio of 0.48 is near median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 3.18. The Utilities - Regulated industry median Quick Ratio is 1.01. Vector's value of 0.48 is 52.2% below this industry median. Based on the distribution chart, Vector ranks #446 out of 510 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Vector has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vector's Quick Ratio compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Vector ranks #446 out of 510 companies for Quick Ratio. This places Vector in the lower half of its industry. The industry median Quick Ratio is 1.01. Vector's value of 0.48 is 52.2% below this benchmark. Historically, Vector's own Quick Ratio has ranged from 0.26 to 3.18 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 1.01, Vector 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 an Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.01, based on 510 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. Vector's current Quick Ratio of 0.48 is 52.2% 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 Vector and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vector's current Quick Ratio is 0.48, which is near median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vector stock overvalued right now?
Based on GuruFocus' analysis, Vector (NZSE:VCT) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$4.15, compared to a current price of NZ$4.99 — trading 20.2% above its estimated fair value. The current Quick Ratio is 0.48, which is near median its 10-year median of 0.51 and 52.2% below the Utilities - Regulated industry median of 1.01. Vector's overall GF Score™ is 72/100 with 9 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 Vector (NZSE:VCT), the current Quick Ratio is 0.48 as of Dec. 2025. 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 Vector (NZSE:VCT) Overvalued in 2026?

Based on GuruFocus' analysis, Vector stock appears to be overvalued. The current stock price of NZ$4.99 is trading 20.2% above its estimated GF Value™ of NZ$4.15. GuruFocus considers Vector to be Modestly Overvalued.

Key valuation signals for NZSE:VCT:

  • Quick Ratio: 0.48 (near median its 10-year median of 0.51)
  • GF Value™: NZ$4.15 vs. price of NZ$4.99 (20.2% above fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 52.2% below the Utilities - Regulated median (#446 of 510)

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


Vector Business Description

Other Exchanges VQA:Germany
Address 101 Carlton Gore Road, Newmarket, Auckland, NTL, NZL, 1023
Vector Ltd is a New Zealand infrastructure company. The company's operating segment includes Electricity Distribution; and Gas Distribution. It generates maximum revenue from the Electricity Distribution segment. The Auckland electricity distribution services segment includes Auckland electricity distribution services. Gas Trading includes Auckland Gas distribution services.
72GF Score

Get the complete analysis for NZSE:VCT

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

NZ$4.99
Price
NZ$4.15
GF Value