OSAGY (OSRAM Licht AG) Quick Ratio: 0.78 (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSAGY OSRAM Licht AG OSAGY
22 GF Score
Price $48.00
View Full Analysis

What is OSRAM Licht AG Quick Ratio?

OSRAM Licht AG OSAGY 22 Quick Ratio is 0.78 as of Dec. 2023. GuruFocus rates OSAGY with a GF Score™ of 22/100. Among 3,073 Industrial Products companies, OSRAM Licht AG ranks worse than 68.24% 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. OSRAM Licht AG's quick ratio for the quarter that ended in Dec. 2023 was 0.78.

OSRAM Licht AG has a quick ratio of 0.78. It indicates that the company cannot currently fully pay back its current liabilities.

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

OSAGY's Quick Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.38
* Ranked among companies with meaningful Quick Ratio only.

OSRAM Licht AG  (OTCPK:OSAGY) 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.


OSRAM Licht AG Quick Ratio Related Terms


OSRAM Licht AG Quick Ratio Historical Data

* Premium members only.

The historical data trend for OSRAM Licht AG'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.

OSRAM Licht AG Quick Ratio Chart

OSRAM Licht AG Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec22 Dec23
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.63 0.57 0.74 0.78

OSRAM Licht AG Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun22 Dec22 Jun23 Dec23
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 0.62 0.00 0.74 0.60 0.78

OSAGY vs VRT, BE, HUBB: Quick Ratio Comparison

For the Electrical Equipment & Parts subindustry, OSRAM Licht AG'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.


OSRAM Licht AG Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, OSRAM Licht AG's Quick Ratio distribution charts can be found below:

* The bar in red indicates where OSRAM Licht AG's Quick Ratio falls into.


OSAGY
22GF Score
OSRAM Licht AG OSAGY
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OSRAM Licht AG 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.

OSRAM Licht AG's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2857.143-775.354)/2677.208
=0.78

OSRAM Licht AG's Quick Ratio for the quarter that ended in Dec. 2023 is calculated as

Quick Ratio (Q: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2857.143-775.354)/2677.208
=0.78

* 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 0.78 mean?
OSRAM Licht AG (OSAGY) has a Quick Ratio of 0.78 as of Dec. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on OSRAM Licht AG and its competitors. According to the industry distribution chart, OSRAM Licht AG ranks #2097 out of 3073 companies in the Industrial Products industry, placing it in the top 68.2%.
Is OSRAM Licht AG's Quick Ratio too high?
OSRAM Licht AG's current Quick Ratio is 0.78. The Industrial Products industry median Quick Ratio is 1.38. OSRAM Licht AG's value of 0.78 is 43.5% below this industry median. Based on the distribution chart, OSRAM Licht AG ranks #2097 out of 3073 companies in the Industrial Products industry, which is below the industry midpoint. Overall, OSRAM Licht AG has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does OSRAM Licht AG's Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, OSRAM Licht AG ranks #2097 out of 3073 companies for Quick Ratio. This places OSRAM Licht AG in the lower half of its industry. The industry median Quick Ratio is 1.38. OSRAM Licht AG's value of 0.78 is 43.5% below this benchmark. 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 Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.38, based on 3,073 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. OSRAM Licht AG's current Quick Ratio of 0.78 is 43.5% 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 OSRAM Licht AG and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OSRAM Licht AG's current Quick Ratio is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OSRAM Licht AG stock overvalued right now?
OSRAM Licht AG (OSAGY) has a current Quick Ratio of 0.78. The current Quick Ratio is 0.78 and 43.5% below the Industrial Products industry median of 1.38. OSRAM Licht AG's overall GF Score™ is 22/100. 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 OSRAM Licht AG (OSAGY), the current Quick Ratio is 0.78 as of Dec. 2023. 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.

OSRAM Licht AG Business Description

Other Exchanges OSR:Germany
Address Tobelbader Strasse 30, Premstaetten, Graz, AUT, 8141
OSRAM Licht AG is a provider of lighting and sensor technology solutions. The company's products include LED's, Drivers, Lasers, Photodetectors, multi-chips, Sensor solutions, Interfaces, Full-service foundry, ASICs and customized solutions, Lamps, and Boards, kits & accessories. Its segments include Opto Semiconductors (OS), CMOS Sensors & ASICs (CSA), and the Lamps & Systems (L&S) segments. The Opto Semiconductors and CMOS Sensors & ASICs segments cover semiconductor-based products and solutions (including LEDs) for customers in the automotive, consumer, industrial, and medical technology end markets. The Lamps & Systems segment includes lamps and lighting systems; it focuses on the automotive and industrial end markets.
22GF Score

Get the complete analysis for OSAGY

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

$48.00
Price