WasteCo GroupNZSE:WCO -12.50% Quick Ratio is 0.26 as of Mar. 2026, which is 64% below its 10-year median of 0.73. The stock has 5 warning signs investors should review. Among 246 Waste Management companies, WasteCo Group ranks worse than 95.93% 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. WasteCo Group's quick ratio for the quarter that ended in Mar. 2026 was 0.26.
WasteCo Group has a quick ratio of 0.26. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for WasteCo Group's Quick Ratio or its related term are showing as below:
NZSE:WCO'
s Quick Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.73 Max: 2.93
Current: 0.26
During the past 13 years, WasteCo Group's highest Quick Ratio was 2.93. The lowest was 0.01. And the median was 0.73.
NZSE:WCO's Quick Ratio is ranked worse than 95.93% of 246
companies
in the Waste Management industry
Industry Median: 1.415
vs NZSE:WCO: 0.26
WasteCo Group (NZSE:WCO) 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.
WasteCo Group Quick Ratio Related Terms
WasteCo Group Quick Ratio Historical Data
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The historical data trend for WasteCo Group'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.
For the Waste Management subindustry, WasteCo Group'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.
WasteCo Group Quick Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, WasteCo Group's Quick Ratio distribution charts can be found below:
* The bar in red indicates where WasteCo Group's Quick Ratio falls into.
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.
WasteCo Group's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
WasteCo Group (NZSE:WCO) has a Quick Ratio of 0.26 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on WasteCo Group and its competitors. This is 64% below median its historical median of 0.73. Over the past decade, WasteCo Group's Quick Ratio has ranged from 0.01 to 2.93. According to the industry distribution chart, WasteCo Group ranks #236 out of 246 companies in the Waste Management industry, placing it in the top 95.9%.
Is WasteCo Group's Quick Ratio too high?
WasteCo Group's current Quick Ratio of 0.26 is 64% below median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 2.93. The Waste Management industry median Quick Ratio is 1.42. WasteCo Group's value of 0.26 is 81.6% below this industry median. Based on the distribution chart, WasteCo Group ranks #236 out of 246 companies in the Waste Management industry, which is in the bottom quartile relative to peers.
How does WasteCo Group's Quick Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, WasteCo Group ranks #236 out of 246 companies for Quick Ratio. This places WasteCo Group in the lower half of its industry. The industry median Quick Ratio is 1.42. WasteCo Group's value of 0.26 is 81.6% below this benchmark. Historically, WasteCo Group's own Quick Ratio has ranged from 0.01 to 2.93 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.42, WasteCo Group 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 Waste Management company?
The median Quick Ratio among Waste Management companies is 1.42, based on 246 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. WasteCo Group's current Quick Ratio of 0.26 is 81.6% 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 WasteCo Group and its competitors. For the Waste Management industry, the median Quick Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WasteCo Group's current Quick Ratio is 0.26, which is 64% below median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WasteCo Group stock overvalued right now?
Based on GuruFocus' analysis, WasteCo Group (NZSE:WCO) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$0.03, compared to a current price of NZ$0.01 — trading 76.7% below its estimated fair value. The current Quick Ratio is 0.26, which is 64% below median its 10-year median of 0.73 and 81.6% below the Waste Management industry median of 1.42. 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 WasteCo Group (NZSE:WCO), the current Quick Ratio is 0.26 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.
WasteCo Group Ltd provides solutions in the collection of waste and recycling, sweeping services, and industrial cleaning services, with waste and recycling generating maximum revenue. The Group is a waste management provider committed to smarter, safer and more sustainable waste solutions. Its services are provided across the residential, commercial and council sectors and include wheelie bins, skip hire, water delivery, septic tank cleaning and hydrovac services.
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