Athanase Innovation AB has a quick ratio of 58.23. It generally indicates good short-term financial strength.
The historical rank and industry rank for Athanase Innovation AB's Quick Ratio or its related term are showing as below:
OSTO:ATIN's Quick Ratio is not ranked *
in the Asset Management industry.
Industry Median: 2.795 * Ranked among companies with meaningful Quick Ratio only.
Athanase Innovation AB (OSTO:ATIN) 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.
Athanase Innovation AB Quick Ratio Related Terms
Athanase Innovation AB Quick Ratio Historical Data
* 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.
OSTO:ATIN vs EVG, SMM, NHS: Quick Ratio Comparison
For the Asset Management subindustry, Athanase Innovation AB'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.
Athanase Innovation AB Quick Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Athanase Innovation AB's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Athanase Innovation AB'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.
Athanase Innovation AB's Quick Ratio for the fiscal year that ended in Jun. 2019 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.
Athanase Innovation AB (OSTO:ATIN) has a Quick Ratio of 58.23 as of Dec. 2020. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Athanase Innovation AB and its competitors.
Is Athanase Innovation AB's Quick Ratio too high?
Athanase Innovation AB's current Quick Ratio is 58.23. The Asset Management industry median Quick Ratio is 2.80. Athanase Innovation AB's value of 58.23 is 1983.4% above this industry median. Overall, Athanase Innovation AB has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Athanase Innovation AB's Quick Ratio compare to EVG and SMM?
Athanase Innovation AB's Quick Ratio of 58.23 can be compared against companies in the Asset Management industry. The industry median Quick Ratio is 2.80. Athanase Innovation AB's value of 58.23 is 1983.4% above 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 Asset Management company?
The median Quick Ratio among Asset Management companies is 2.80, based on 706 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. Athanase Innovation AB's current Quick Ratio of 58.23 is 1983.4% above 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 Athanase Innovation AB and its competitors. For the Asset Management industry, the median Quick Ratio is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Athanase Innovation AB's current Quick Ratio is 58.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Athanase Innovation AB stock overvalued right now?
Athanase Innovation AB (OSTO:ATIN) has a current Quick Ratio of 58.23. The current Quick Ratio is 58.23 and 1983.4% above the Asset Management industry median of 2.80. Athanase Innovation AB's overall GF Score™ is 26/100. 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 Athanase Innovation AB (OSTO:ATIN), the current Quick Ratio is 58.23 as of Dec. 2020. 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.
Athanase Innovation AB is an alternative investment firm with exposure to both private and public equity. It invests in innovative companies that benefit from trends such as robotics, digitalization, and automation. The principal revenue stream is initially management fees charged on the external fund capital and investment income of the underlying assets.
26GF Score
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