Top Line Business Development (PHS:TOP) Quick Ratio: 1.13 (As of Mar. 2026) — Near Median


PHS:TOP Top Line Business Development Corp PHS:TOP
5 GF Score
Price ₱1.52
! 2 Warning Signs
View Full Analysis

What is Top Line Business Development Quick Ratio?

Top Line Business Development PHS:TOP 5 Quick Ratio is 1.13 as of Mar. 2026, which is at its 10-year median of 1.13. GuruFocus rates PHS:TOP with a GF Score™ of 5/100. The stock has 2 warning signs investors should review. Among 1,127 Retail - Cyclical companies, Top Line Business Development ranks better than 63.09% 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. Top Line Business Development's quick ratio for the quarter that ended in Mar. 2026 was 1.13.

Top Line Business Development has a quick ratio of 1.13. It generally indicates good short-term financial strength.

The historical rank and industry rank for Top Line Business Development's Quick Ratio or its related term are showing as below:

PHS:TOP' s Quick Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.13   Max: 1.56
Current: 1.13

During the past 5 years, Top Line Business Development's highest Quick Ratio was 1.56. The lowest was 0.99. And the median was 1.13.

PHS:TOP's Quick Ratio is ranked better than
63.09% of 1127 companies
in the Retail - Cyclical industry
Industry Median: 0.87 vs PHS:TOP: 1.13

Top Line Business Development  (PHS:TOP) 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.


Top Line Business Development Quick Ratio Related Terms


Top Line Business Development Quick Ratio Historical Data

* Premium members only.

The historical data trend for Top Line Business Development'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.

Top Line Business Development Quick Ratio Chart

Top Line Business Development Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
1.03 1.56 0.99 1.11 1.33

Top Line Business Development Quarterly Data
Dec21 Dec22 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 1.42 1.37 1.33 1.13

PHS:TOP vs CASY, WSM, ULTA: Quick Ratio Comparison

For the Specialty Retail subindustry, Top Line Business Development'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.


Top Line Business Development Quick Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Top Line Business Development's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Top Line Business Development's Quick Ratio falls into.


PHS:TOP
5GF Score
Top Line Business Development Corp PHS:TOP
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Top Line Business Development 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.

Top Line Business Development's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3548.728-201.502)/2517.558
=1.33

Top Line Business Development's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3833.491-766.752)/2714.879
=1.13

* 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 1.13 mean?
Top Line Business Development (PHS:TOP) has a Quick Ratio of 1.13 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Top Line Business Development and its competitors. This is near median its historical median of 1.13. Over the past decade, Top Line Business Development's Quick Ratio has ranged from 0.99 to 1.56. According to the industry distribution chart, Top Line Business Development ranks #416 out of 1127 companies in the Retail - Cyclical industry, placing it in the top 36.9%.
Is Top Line Business Development's Quick Ratio too high?
Top Line Business Development's current Quick Ratio of 1.13 is near median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 1.56. The Retail - Cyclical industry median Quick Ratio is 0.87. Top Line Business Development's value of 1.13 is 29.9% above this industry median. Based on the distribution chart, Top Line Business Development ranks #416 out of 1127 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Top Line Business Development has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Top Line Business Development's Quick Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Top Line Business Development ranks #416 out of 1127 companies for Quick Ratio. This puts Top Line Business Development in the upper half of its industry. The industry median Quick Ratio is 0.87. Top Line Business Development's value of 1.13 is 29.9% above this benchmark. Historically, Top Line Business Development's own Quick Ratio has ranged from 0.99 to 1.56 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 0.87, Top Line Business Development has consistently been above 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 Retail - Cyclical company?
The median Quick Ratio among Retail - Cyclical companies is 0.87, based on 1,127 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. Top Line Business Development's current Quick Ratio of 1.13 is 29.9% 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 Top Line Business Development and its competitors. For the Retail - Cyclical industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Line Business Development's current Quick Ratio is 1.13, which is near median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Line Business Development stock overvalued right now?
Top Line Business Development (PHS:TOP) has a current Quick Ratio of 1.13. The current Quick Ratio is 1.13, which is near median its 10-year median of 1.13 and 29.9% above the Retail - Cyclical industry median of 0.87. Top Line Business Development's overall GF Score™ is 5/100 with 2 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 Top Line Business Development (PHS:TOP), the current Quick Ratio is 1.13 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.

Top Line Business Development Business Description

Address Mindanao Avenue, 19th Floor, Latitude Corporate Center, Cebu Business Park, Barangay Luz, Cebu, PHL, 6000
Top Line Business Development Corp is providing consistent and reliable fuel solutions that power industries with efficiency and sustainability. It is mainly focused on its vertically integrated liquid fuels business, with an emphasis on the underserved Central Visayas region. The company is engaged in the business of petroleum and petroleum products, mineral oils, and other sources of energy.
5GF Score

Get the complete analysis for PHS:TOP

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

₱1.52
Price