Pegasus Hava Tasimaciligi ASPEGHY 61 Quick Ratio is 0.94 as of Mar. 2026, which is 15% below its 10-year median of 1.10. GuruFocus rates PEGHY with a GF Score™ of 61/100. The stock has 9 warning signs investors should review. Among 1,001 Transportation companies, Pegasus Hava Tasimaciligi AS ranks worse than 71.13% on this metric.
Pegasus Hava Tasimaciligi AS has a quick ratio of 0.94. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Pegasus Hava Tasimaciligi AS's Quick Ratio or its related term are showing as below:
PEGHY'
s Quick Ratio Range Over the Past 10 Years
Min: 0.74 Med: 1.1 Max: 1.77
Current: 0.94
During the past 13 years, Pegasus Hava Tasimaciligi AS's highest Quick Ratio was 1.77. The lowest was 0.74. And the median was 1.10.
PEGHY's Quick Ratio is ranked worse than 71.13% of 1001
companies
in the Transportation industry
Industry Median: 1.35
vs PEGHY: 0.94
Pegasus Hava Tasimaciligi AS (OTCPK:PEGHY) 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.
Pegasus Hava Tasimaciligi AS Quick Ratio Related Terms
Pegasus Hava Tasimaciligi AS 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.
For the Airlines subindustry, Pegasus Hava Tasimaciligi 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.
Pegasus Hava Tasimaciligi AS Quick Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Pegasus Hava Tasimaciligi AS's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Pegasus Hava Tasimaciligi AS's Quick Ratio falls into.
Pegasus Hava Tasimaciligi 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.
* 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.
Pegasus Hava Tasimaciligi AS (PEGHY) has a Quick Ratio of 0.94 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Pegasus Hava Tasimaciligi AS and its competitors. This is 15% below median its historical median of 1.10. Over the past decade, Pegasus Hava Tasimaciligi AS's Quick Ratio has ranged from 0.74 to 1.77. According to the industry distribution chart, Pegasus Hava Tasimaciligi AS ranks #712 out of 1001 companies in the Transportation industry, placing it in the top 71.1%.
Is Pegasus Hava Tasimaciligi AS's Quick Ratio too high?
Pegasus Hava Tasimaciligi AS's current Quick Ratio of 0.94 is 15% below median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.77. The Transportation industry median Quick Ratio is 1.35. Pegasus Hava Tasimaciligi AS's value of 0.94 is 30.4% below this industry median. Based on the distribution chart, Pegasus Hava Tasimaciligi AS ranks #712 out of 1001 companies in the Transportation industry, which is below the industry midpoint. Overall, Pegasus Hava Tasimaciligi AS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Pegasus Hava Tasimaciligi AS's Quick Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Pegasus Hava Tasimaciligi AS ranks #712 out of 1001 companies for Quick Ratio. This places Pegasus Hava Tasimaciligi AS in the lower half of its industry. The industry median Quick Ratio is 1.35. Pegasus Hava Tasimaciligi AS's value of 0.94 is 30.4% below this benchmark. Historically, Pegasus Hava Tasimaciligi AS's own Quick Ratio has ranged from 0.74 to 1.77 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 1.35, Pegasus Hava Tasimaciligi AS 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 Transportation company?
The median Quick Ratio among Transportation companies is 1.35, based on 1,001 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. Pegasus Hava Tasimaciligi AS's current Quick Ratio of 0.94 is 30.4% 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 Pegasus Hava Tasimaciligi AS and its competitors. For the Transportation industry, the median Quick Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pegasus Hava Tasimaciligi AS's current Quick Ratio is 0.94, which is 15% below median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pegasus Hava Tasimaciligi AS stock overvalued right now?
Pegasus Hava Tasimaciligi AS (PEGHY) has a current Quick Ratio of 0.94. The current Quick Ratio is 0.94, which is 15% below median its 10-year median of 1.10 and 30.4% below the Transportation industry median of 1.35. Pegasus Hava Tasimaciligi AS's overall GF Score™ is 61/100 with 9 warning signs to review. 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 Pegasus Hava Tasimaciligi AS (PEGHY), the current Quick Ratio is 0.94 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.
Pegasus Hava Tasimaciligi AS is an airline company engaged in providing passenger air transportation services. The company offers low-fare airline-related services, including scheduled flights, charter services, and ancillary services. It operates domestic and international routes mainly across short- and medium-haul networks and generates additional revenue from services such as seat selection, baggage, and onboard products. The company operates as a single reportable segment, with resource allocation and performance evaluation based on its overall route network and aircraft fleet deployment.
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