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Harboes Bryggeri AS (OCSE:HARB B) Quick Ratio : 0.96 (As of Apr. 2025)


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What is Harboes Bryggeri AS Quick Ratio?

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. Harboes Bryggeri AS's quick ratio for the quarter that ended in Apr. 2025 was 0.96.

Harboes Bryggeri AS has a quick ratio of 0.96. It indicates that the company cannot currently fully pay back its current liabilities.

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

OCSE:HARB B' s Quick Ratio Range Over the Past 10 Years
Min: 0.85   Med: 0.98   Max: 1.19
Current: 0.96

During the past 13 years, Harboes Bryggeri AS's highest Quick Ratio was 1.19. The lowest was 0.85. And the median was 0.98.

OCSE:HARB B's Quick Ratio is ranked better than
54.11% of 207 companies
in the Beverages - Alcoholic industry
Industry Median: 0.93 vs OCSE:HARB B: 0.96

Harboes Bryggeri AS Quick Ratio Historical Data

The historical data trend for Harboes Bryggeri AS'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.

* Premium members only.

Harboes Bryggeri AS Quick Ratio Chart

Harboes Bryggeri AS Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 1.10 0.99 1.12 0.96

Harboes Bryggeri AS Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 1.12 1.16 1.09 1.03 0.96

Competitive Comparison of Harboes Bryggeri AS's Quick Ratio

For the Beverages - Brewers subindustry, Harboes Bryggeri AS'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.


Harboes Bryggeri AS's Quick Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Harboes Bryggeri AS's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Harboes Bryggeri AS's Quick Ratio falls into.


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Harboes Bryggeri AS 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.

Harboes Bryggeri AS's Quick Ratio for the fiscal year that ended in Apr. 2025 is calculated as

Quick Ratio (A: Apr. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(654.331-199.459)/474.818
=0.96

Harboes Bryggeri AS's Quick Ratio for the quarter that ended in Apr. 2025 is calculated as

Quick Ratio (Q: Apr. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(654.331-199.459)/474.818
=0.96

* 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.


Harboes Bryggeri AS  (OCSE:HARB B) 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.


Harboes Bryggeri AS Quick Ratio Related Terms

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Harboes Bryggeri AS Business Description

Traded in Other Exchanges
Address
Spegerborgvej 34, Skaelskor, DNK, 4230
Harboes Bryggeri AS is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.

Harboes Bryggeri AS Headlines

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