Millennium Global HoldingsPHS:MG +1.67% Quick Ratio is 0.88 as of Mar. 2026, which is 19% above its 10-year median of 0.74. The stock has 9 warning signs investors should review. Among 1,987 Consumer Packaged Goods companies, Millennium Global Holdings ranks worse than 60.04% on this metric.
Millennium Global Holdings has a quick ratio of 0.88. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Millennium Global Holdings's Quick Ratio or its related term are showing as below:
PHS:MG'
s Quick Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.74 Max: 4.84
Current: 0.88
During the past 13 years, Millennium Global Holdings's highest Quick Ratio was 4.84. The lowest was 0.33. And the median was 0.74.
PHS:MG's Quick Ratio is ranked worse than 60.04% of 1987
companies
in the Consumer Packaged Goods industry
Industry Median: 1.12
vs PHS:MG: 0.88
Millennium Global Holdings (PHS:MG) 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.
Millennium Global Holdings Quick Ratio Related Terms
Millennium Global Holdings 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 Packaged Foods subindustry, Millennium Global Holdings'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.
Millennium Global Holdings Quick Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Millennium Global Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Millennium Global Holdings's Quick Ratio falls into.
Millennium Global Holdings 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.
Millennium Global Holdings (PHS:MG) has a Quick Ratio of 0.88 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Millennium Global Holdings and its competitors. This is 19% above median its historical median of 0.74. Over the past decade, Millennium Global Holdings' Quick Ratio has ranged from 0.33 to 4.84. According to the industry distribution chart, Millennium Global Holdings ranks #1193 out of 1987 companies in the Consumer Packaged Goods industry, placing it in the top 60%.
Is Millennium Global Holdings' Quick Ratio too high?
Millennium Global Holdings' current Quick Ratio of 0.88 is 19% above median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 4.84. The Consumer Packaged Goods industry median Quick Ratio is 1.12. Millennium Global Holdings' value of 0.88 is 21.4% below this industry median. Based on the distribution chart, Millennium Global Holdings ranks #1193 out of 1987 companies in the Consumer Packaged Goods industry, which is below the industry midpoint.
How does Millennium Global Holdings' Quick Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Millennium Global Holdings ranks #1193 out of 1987 companies for Quick Ratio. This places Millennium Global Holdings in the lower half of its industry. The industry median Quick Ratio is 1.12. Millennium Global Holdings' value of 0.88 is 21.4% below this benchmark. Historically, Millennium Global Holdings' own Quick Ratio has ranged from 0.33 to 4.84 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 1.12, Millennium Global Holdings 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.12, based on 1,987 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. Millennium Global Holdings's current Quick Ratio of 0.88 is 21.4% 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 Millennium Global Holdings and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Global Holdings's current Quick Ratio is 0.88, which is 19% above median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Millennium Global Holdings (PHS:MG) is currently considered Possible Value Trap. The stock's GF Value™ is ₱0.09, compared to a current price of ₱0.06 — trading 32.2% below its estimated fair value. The current Quick Ratio is 0.88, which is 19% above median its 10-year median of 0.74 and 21.4% below the Consumer Packaged Goods industry median of 1.12. 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 Millennium Global Holdings (PHS:MG), the current Quick Ratio is 0.88 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.
Millennium Global Holdings Inc is a general holding company. Through its subsidiaries, it is engaged in the processing of seafood and aquaculture products for export and trading of imported marine and other related products. Its key business activity is the processing and export of seafood products such as Black Tiger Shrimps, Kisu (asohos) fillet, frozen lobsters, etc. It derives its revenue from the export sales of aquatic and marine products. The company's operations are geographically located in Japan, Korea, Taiwan, and Hongkong.
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