Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM (QUI:ICM) Quick Ratio: 0.00 (As of . 20)

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QUI:ICM Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM QUI:ICM
31 GF Score
Price $2.20
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What is Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM Quick Ratio?

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM QUI:ICM 31 Quick Ratio is 0.00 as of . 20. GuruFocus rates QUI:ICM with a GF Score™ of 31/100.

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. Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's quick ratio for the quarter that ended in . 20 was 0.00.

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's Quick Ratio or its related term are showing as below:

QUI:ICM's Quick Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.09
* Ranked among companies with meaningful Quick Ratio only.

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM  (QUI:ICM) 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.


Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM Quick Ratio Related Terms


Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM Quick Ratio Historical Data

* Premium members only.

The historical data trend for Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM'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.

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM Quick Ratio Chart

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM Annual Data
Trend
Quick Ratio

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM Semi-Annual Data
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QUI:ICM vs : Quick Ratio Comparison

For the Farm Products subindustry, Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM'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.


Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM Quick Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's Quick Ratio falls into.


QUI:ICM
31GF Score
Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM QUI:ICM
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM 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.

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's Quick Ratio for the quarter that ended in . 20 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.00 mean?
Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM (QUI:ICM) has a Quick Ratio of 0.00 as of . 20. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM and its competitors.
Is Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's Quick Ratio too high?
Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's current Quick Ratio is 0.00. Overall, Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's Quick Ratio compare to ?
Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's Quick Ratio of 0.00 can be compared against companies in the Consumer Packaged Goods industry. The industry median Quick Ratio is 1.09. 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 1.09, based on 1,995 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. 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 Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM stock overvalued right now?
Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM (QUI:ICM) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's overall GF Score™ is 31/100. 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 Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM (QUI:ICM), the current Quick Ratio is 0.00 as of . 20. 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.

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM Business Description

Comparable Companies
Address Panameriva North Km 25 Via Tulcan, Quito, ECU
Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM is engaged in the Cultivation, promotion and industrialization of sugar cane. The company is also engaged in the field of production and marketing of agricultural products and agro-industry.
31GF Score

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$2.20
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