Nova Technology (ROCO:6613) Quick Ratio: 2.35 (As of Dec. 2025) — 31% Above Median


ROCO:6613 Nova Technology Corp ROCO:6613
89 GF Score
Price NT$354.00
GF Value NT$151.19
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Nova Technology Quick Ratio?

Nova Technology ROCO:6613 -1.67% 89 Quick Ratio is 2.35 as of Dec. 2025, which is 31% above its 10-year median of 1.79. GuruFocus rates ROCO:6613 with a GF Score™ of 89/100 and a GF Value™ of NT$151.19 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 3,065 Industrial Products companies, Nova Technology ranks better than 76.22% 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. Nova Technology's quick ratio for the quarter that ended in Dec. 2025 was 2.35.

Nova Technology has a quick ratio of 2.35. It generally indicates good short-term financial strength.

The historical rank and industry rank for Nova Technology's Quick Ratio or its related term are showing as below:

ROCO:6613' s Quick Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.79   Max: 2.35
Current: 2.35

During the past 13 years, Nova Technology's highest Quick Ratio was 2.35. The lowest was 0.96. And the median was 1.79.

ROCO:6613's Quick Ratio is ranked better than
76.22% of 3065 companies
in the Industrial Products industry
Industry Median: 1.39 vs ROCO:6613: 2.35

Nova Technology  (ROCO:6613) 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.


Nova Technology Quick Ratio Related Terms


Nova Technology Quick Ratio Historical Data

* Premium members only.

The historical data trend for Nova Technology'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.

Nova Technology Quick Ratio Chart

Nova Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.58 1.45 1.82 2.35

Nova Technology Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.82 1.82 1.93 2.32 2.35

ROCO:6613 vs GEV, ETN, PH: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, Nova Technology'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.


Nova Technology Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nova Technology's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Nova Technology's Quick Ratio falls into.


ROCO:6613
89GF Score
Nova Technology Corp ROCO:6613
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nova Technology 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.

Nova Technology'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
=(10361.715-946.225)/4007.585
=2.35

Nova Technology's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(10361.715-946.225)/4007.585
=2.35

* 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 2.35 mean?
Nova Technology (ROCO:6613) has a Quick Ratio of 2.35 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Nova Technology and its competitors. This is 31% above median its historical median of 1.79. Over the past decade, Nova Technology's Quick Ratio has ranged from 0.96 to 2.35. According to the industry distribution chart, Nova Technology ranks #729 out of 3065 companies in the Industrial Products industry, placing it in the top 23.8%.
Is Nova Technology's Quick Ratio too high?
Nova Technology's current Quick Ratio of 2.35 is 31% above median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 2.35. The Industrial Products industry median Quick Ratio is 1.39. Nova Technology's value of 2.35 is 69.1% above this industry median. Based on the distribution chart, Nova Technology ranks #729 out of 3065 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nova Technology has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nova Technology's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nova Technology ranks #729 out of 3065 companies for Quick Ratio. This places Nova Technology in the top 24% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.39. Nova Technology's value of 2.35 is 69.1% above this benchmark. Historically, Nova Technology's own Quick Ratio has ranged from 0.96 to 2.35 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 1.39, Nova Technology 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 1.39, based on 3,065 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. Nova Technology's current Quick Ratio of 2.35 is 69.1% 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 Nova Technology and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Technology's current Quick Ratio is 2.35, which is 31% above median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Technology stock overvalued right now?
Based on GuruFocus' analysis, Nova Technology (ROCO:6613) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$151.19, compared to a current price of NT$354.00 — trading 134.1% above its estimated fair value. The current Quick Ratio is 2.35, which is 31% above median its 10-year median of 1.79 and 69.1% above the Industrial Products industry median of 1.39. Nova Technology's overall GF Score™ is 89/100 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 Nova Technology (ROCO:6613), the current Quick Ratio is 2.35 as of Dec. 2025. 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 Nova Technology (ROCO:6613) Overvalued in 2026?

Based on GuruFocus' analysis, Nova Technology stock appears to be overvalued. The current stock price of NT$354.00 is trading 134.1% above its estimated GF Value™ of NT$151.19. GuruFocus considers Nova Technology to be Significantly Overvalued.

Key valuation signals for ROCO:6613:

  • Quick Ratio: 2.35 (31% above median its 10-year median of 1.79)
  • GF Value™: NT$151.19 vs. price of NT$354.00 (134.1% above fair value)
  • GF Score™: 89/100 with 9 warning signs
  • Industry Position: 69.1% above the Industrial Products median (#729 of 3065)

No single metric tells the full story. See the ROCO:6613 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nova Technology Business Description

Address Jiafeng South Road, Section 2, No. 76, 10th Floor, Hsinchu County, Zhubei, TWN, 302054
Nova Technology Corp is engaged in import and export, pipeline assembly, and maintenance engineering for various electronic, computer parts and accessories, equipment, chemical materials, and gas components. The company is engaged in implementing and improving High-purity chemical supply and dispensing systems, Special gas supply systems, High-end wet process cleaning equipment, Stripping fluid regeneration systems, and Electronic-grade chemical production and packaging systems, among others, for its clients. Its reportable segments are: China, which generates the maximum revenue, Taiwan, and Others.
89GF Score

Get the complete analysis for ROCO:6613

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

NT$354.00
Price
NT$151.19
GF Value