OMDD (Ormand Inds) Quick Ratio: 0.00 (As of . 20)

What is Ormand Inds Quick Ratio?

Ormand Inds OMDD -99.00% Quick Ratio is 0.00 as of . 20. The stock has 1 warning sign investors should review.

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. Ormand Inds's quick ratio for the quarter that ended in . 20 was 0.00.

Ormand Inds has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

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

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

Ormand Inds (OTCPK:OMDD) 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.

Ormand Inds Quick Ratio Related Terms

Ormand Inds Quick Ratio Historical Data

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The historical data trend for Ormand Inds'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.

Ormand Inds Quick Ratio Chart

Ormand Inds Annual Data

Trend

Quick Ratio

Ormand Inds Semi-Annual Data

Quick Ratio

OMDD vs : Quick Ratio Comparison

For the subindustry, Ormand Inds'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.

Ormand Inds Quick Ratio vs Industry

For the industry and sector, Ormand Inds's Quick Ratio distribution charts can be found below:

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

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Ormand Inds 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.

Ormand Inds's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Quick Ratio (A: . 20 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(	-	)	/
	=

Ormand Inds's Quick Ratio for the quarter that ended in . 20 is calculated as

Quick Ratio (Q: . 20 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(	-	)	/
	=

Frequently Asked Questions Learn more about Quick Ratio →

What does a Quick Ratio of 0.00 mean?

Ormand Inds (OMDD) has a Quick Ratio of 0.00 as of . 20. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ormand Inds and its competitors.

Is Ormand Inds' Quick Ratio too high?

Ormand Inds' current Quick Ratio is 0.00.

How does Ormand Inds' Quick Ratio compare to ?

Ormand Inds' Quick Ratio is 0.00. 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 company?

A good Quick Ratio depends on the industry context. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Ormand Inds and its competitors. Ormand Inds's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Ormand Inds stock overvalued right now?

Ormand Inds (OMDD) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. 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 Ormand Inds (OMDD), the current Quick Ratio is 0.00 as of . 20. 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.

Ormand Inds Business Description

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