Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Tianyi Water Energy Solutions (ROCO:4530) 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.
Tianyi Water Energy Solutions Quick Ratio Related Terms
Tianyi Water Energy Solutions 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.
ROCO:4530 vs CRS, ATI, MLI: Quick Ratio Comparison
For the Metal Fabrication subindustry, Tianyi Water Energy Solutions'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.
Tianyi Water Energy Solutions Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tianyi Water Energy Solutions's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Tianyi Water Energy Solutions's Quick Ratio falls into.
Tianyi Water Energy Solutions 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.
Tianyi Water Energy Solutions (ROCO:4530) has a Quick Ratio of 2.16 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tianyi Water Energy Solutions and its competitors. This is 48% below median its historical median of 4.13. Over the past decade, Tianyi Water Energy Solutions' Quick Ratio has ranged from 1.88 to 57.19. According to the industry distribution chart, Tianyi Water Energy Solutions ranks #801 out of 3074 companies in the Industrial Products industry, placing it in the top 26.1%.
Is Tianyi Water Energy Solutions' Quick Ratio too high?
Tianyi Water Energy Solutions' current Quick Ratio of 2.16 is 48% below median its 10-year median of 4.13. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 57.19. The Industrial Products industry median Quick Ratio is 1.38. Tianyi Water Energy Solutions' value of 2.16 is 56.5% above this industry median. Based on the distribution chart, Tianyi Water Energy Solutions ranks #801 out of 3074 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tianyi Water Energy Solutions has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tianyi Water Energy Solutions' Quick Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Tianyi Water Energy Solutions ranks #801 out of 3074 companies for Quick Ratio. This puts Tianyi Water Energy Solutions in the upper half of its industry. The industry median Quick Ratio is 1.38. Tianyi Water Energy Solutions' value of 2.16 is 56.5% above this benchmark. Historically, Tianyi Water Energy Solutions' own Quick Ratio has ranged from 1.88 to 57.19 over the past decade. While the company's 10-year median is 4.13 vs. the industry median of 1.38, Tianyi Water Energy Solutions 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.38, based on 3,074 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. Tianyi Water Energy Solutions's current Quick Ratio of 2.16 is 56.5% 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 Tianyi Water Energy Solutions and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianyi Water Energy Solutions's current Quick Ratio is 2.16, which is 48% below median its own 10-year median of 4.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianyi Water Energy Solutions stock overvalued right now?
Based on GuruFocus' analysis, Tianyi Water Energy Solutions (ROCO:4530) is currently considered Possible Value Trap. The stock's GF Value™ is NT$39.47, compared to a current price of NT$26.50 — trading 32.9% below its estimated fair value. The current Quick Ratio is 2.16, which is 48% below median its 10-year median of 4.13 and 56.5% above the Industrial Products industry median of 1.38. Tianyi Water Energy Solutions' overall GF Score™ is 60/100 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 Tianyi Water Energy Solutions (ROCO:4530), the current Quick Ratio is 2.16 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.
Is Tianyi Water Energy Solutions (ROCO:4530) Overvalued in 2026?
Based on GuruFocus' analysis, Tianyi Water Energy Solutions stock appears to be undervalued.
The current stock price of NT$26.50 is trading 32.9% below its estimated GF Value™ of NT$39.47.
GuruFocus considers Tianyi Water Energy Solutions to be Possible Value Trap.
Key valuation signals for ROCO:4530:
Quick Ratio: 2.16 (48% below median its 10-year median of 4.13)
GF Value™: NT$39.47 vs. price of NT$26.50 (32.9% below fair value)
Industry Position: 56.5% above the Industrial Products median (#801 of 3074)
No single metric tells the full story. See the ROCO:4530 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Honyi International Co Ltd is engaged in processing and trading of metal forging, treatment of wastewater and sewage, wholesale of industrial additives, and construction of environmental protection engineering projects. Its segments include catering segment, metal forging and processing segment, environmental engineering segment, and other segments. The majority of the revenue is derived from the environmental engineering segment.
60GF Score
Get the complete analysis for ROCO:4530
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:4530 has been successfully added to your 
