Horng Terng Automation Co (ROCO:7751) Quick Ratio: 1.97 (As of Dec. 2025) — 24% Above Median


ROCO:7751 Horng Terng Automation Co Ltd ROCO:7751
25 GF Score
Price NT$1,505.00
! 1 Warning Sign
View Full Analysis

What is Horng Terng Automation Co Quick Ratio?

Horng Terng Automation Co ROCO:7751 +4.51% 25 Quick Ratio is 1.97 as of Dec. 2025, which is 24% above its 10-year median of 1.59. GuruFocus rates ROCO:7751 with a GF Score™ of 25/100. The stock has 1 warning sign investors should review. Among 1,027 Semiconductors companies, Horng Terng Automation Co ranks better than 52.58% 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. Horng Terng Automation Co's quick ratio for the quarter that ended in Dec. 2025 was 1.97.

Horng Terng Automation Co has a quick ratio of 1.97. It generally indicates good short-term financial strength.

The historical rank and industry rank for Horng Terng Automation Co's Quick Ratio or its related term are showing as below:

ROCO:7751' s Quick Ratio Range Over the Past 10 Years
Min: 1.26   Med: 1.59   Max: 1.97
Current: 1.97

During the past 5 years, Horng Terng Automation Co's highest Quick Ratio was 1.97. The lowest was 1.26. And the median was 1.59.

ROCO:7751's Quick Ratio is ranked better than
52.58% of 1027 companies
in the Semiconductors industry
Industry Median: 1.85 vs ROCO:7751: 1.97

Horng Terng Automation Co  (ROCO:7751) 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.


Horng Terng Automation Co Quick Ratio Related Terms


Horng Terng Automation Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Horng Terng Automation Co'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.

Horng Terng Automation Co Quick Ratio Chart

Horng Terng Automation Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
1.26 1.59 1.85 1.55 1.97

Horng Terng Automation Co Quarterly Data
Dec21 Dec22 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 1.55 1.19 1.15 2.08 1.97

ROCO:7751 vs AMAT, LRCX, KLAC: Quick Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Horng Terng Automation Co'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.


Horng Terng Automation Co Quick Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Horng Terng Automation Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Horng Terng Automation Co's Quick Ratio falls into.


ROCO:7751
25GF Score
Horng Terng Automation Co Ltd ROCO:7751
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Horng Terng Automation Co 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.

Horng Terng Automation Co'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
=(3729.421-935.994)/1419.419
=1.97

Horng Terng Automation Co'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
=(3729.421-935.994)/1419.419
=1.97

* 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 1.97 mean?
Horng Terng Automation Co (ROCO:7751) has a Quick Ratio of 1.97 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Horng Terng Automation Co and its competitors. This is 24% above median its historical median of 1.59. Over the past decade, Horng Terng Automation Co's Quick Ratio has ranged from 1.26 to 1.97. According to the industry distribution chart, Horng Terng Automation Co ranks #487 out of 1027 companies in the Semiconductors industry, placing it in the top 47.4%.
Is Horng Terng Automation Co's Quick Ratio too high?
Horng Terng Automation Co's current Quick Ratio of 1.97 is 24% above median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 1.97. The Semiconductors industry median Quick Ratio is 1.85. Horng Terng Automation Co's value of 1.97 is 6.5% above this industry median. Based on the distribution chart, Horng Terng Automation Co ranks #487 out of 1027 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Horng Terng Automation Co has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Horng Terng Automation Co's Quick Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Horng Terng Automation Co ranks #487 out of 1027 companies for Quick Ratio. This puts Horng Terng Automation Co in the upper half of its industry. The industry median Quick Ratio is 1.85. Horng Terng Automation Co's value of 1.97 is 6.5% above this benchmark. Historically, Horng Terng Automation Co's own Quick Ratio has ranged from 1.26 to 1.97 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.85, Horng Terng Automation Co 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 Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.85, based on 1,027 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. Horng Terng Automation Co's current Quick Ratio of 1.97 is 6.5% 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 Horng Terng Automation Co and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horng Terng Automation Co's current Quick Ratio is 1.97, which is 24% above median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horng Terng Automation Co stock overvalued right now?
Horng Terng Automation Co (ROCO:7751) has a current Quick Ratio of 1.97. The current Quick Ratio is 1.97, which is 24% above median its 10-year median of 1.59 and 6.5% above the Semiconductors industry median of 1.85. Horng Terng Automation Co's overall GF Score™ is 25/100 with 1 warning sign 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 Horng Terng Automation Co (ROCO:7751), the current Quick Ratio is 1.97 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.

Horng Terng Automation Co Business Description

Address No. 61, Jingliu 6th Road, Nantze District, Kaohsiung, TWN, 81170
Horng Terng Automation Co Ltd is a Company that concentrates all its efforts on continuous research and development and upgrading of skills, providing complete technologies and equipment to customers, and providing customized equipment development and design, detection efficiency improvement, equipment integration and application, and other immediate and complete solutions based on customer development trends. The Company generates revenue from the research and development, manufacturing, and sale of semiconductor automation equipment. It mainly focuses on the R&D, production, and sale of semiconductor automation equipment.
25GF Score

Get the complete analysis for ROCO:7751

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

NT$1,505.00
Price