Middle East Specialized Cables Co (SAU:2370) Quick Ratio: 1.07 (As of Mar. 2026) — 13% Below Median

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SAU:2370 Middle East Specialized Cables Co SAU:2370
77 GF Score
Price ﷼31.22
GF Value ﷼42.18
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Middle East Specialized Cables Co Quick Ratio?

Middle East Specialized Cables Co SAU:2370 -2.74% 77 Quick Ratio is 1.07 as of Mar. 2026, which is 13% below its 10-year median of 1.23. GuruFocus rates SAU:2370 with a GF Score™ of 77/100 and a GF Value™ of ﷼42.18 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,070 Industrial Products companies, Middle East Specialized Cables Co ranks worse than 65.77% 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. Middle East Specialized Cables Co's quick ratio for the quarter that ended in Mar. 2026 was 1.07.

Middle East Specialized Cables Co has a quick ratio of 1.07. It generally indicates good short-term financial strength.

The historical rank and industry rank for Middle East Specialized Cables Co's Quick Ratio or its related term are showing as below:

SAU:2370' s Quick Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.23   Max: 1.92
Current: 1.07

During the past 13 years, Middle East Specialized Cables Co's highest Quick Ratio was 1.92. The lowest was 0.94. And the median was 1.23.

SAU:2370's Quick Ratio is ranked worse than
65.77% of 3070 companies
in the Industrial Products industry
Industry Median: 1.39 vs SAU:2370: 1.07

Middle East Specialized Cables Co  (SAU:2370) 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.


Middle East Specialized Cables Co Quick Ratio Related Terms


Middle East Specialized Cables Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Middle East Specialized Cables 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.

Middle East Specialized Cables Co Quick Ratio Chart

Middle East Specialized Cables Co 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 1.35 0.95 1.21 1.13 1.12

Middle East Specialized Cables Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.07 1.13 1.17 1.12 1.07

SAU:2370 vs VRT, BE, HUBB: Quick Ratio Comparison

For the Electrical Equipment & Parts subindustry, Middle East Specialized Cables 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.


Middle East Specialized Cables Co Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Middle East Specialized Cables Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Middle East Specialized Cables Co's Quick Ratio falls into.


SAU:2370
77GF Score
Middle East Specialized Cables Co SAU:2370
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Middle East Specialized Cables 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.

Middle East Specialized Cables 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
=(979.557-340.936)/567.733
=1.12

Middle East Specialized Cables Co'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
=(1204.798-380.047)/773.511
=1.07

* 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 1.07 mean?
Middle East Specialized Cables Co (SAU:2370) has a Quick Ratio of 1.07 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Middle East Specialized Cables Co and its competitors. This is 13% below median its historical median of 1.23. Over the past decade, Middle East Specialized Cables Co's Quick Ratio has ranged from 0.94 to 1.92. According to the industry distribution chart, Middle East Specialized Cables Co ranks #2019 out of 3070 companies in the Industrial Products industry, placing it in the top 65.8%.
Is Middle East Specialized Cables Co's Quick Ratio too high?
Middle East Specialized Cables Co's current Quick Ratio of 1.07 is 13% below median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 1.92. The Industrial Products industry median Quick Ratio is 1.39. Middle East Specialized Cables Co's value of 1.07 is 23% below this industry median. Based on the distribution chart, Middle East Specialized Cables Co ranks #2019 out of 3070 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Middle East Specialized Cables Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Middle East Specialized Cables Co's Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Middle East Specialized Cables Co ranks #2019 out of 3070 companies for Quick Ratio. This places Middle East Specialized Cables Co in the lower half of its industry. The industry median Quick Ratio is 1.39. Middle East Specialized Cables Co's value of 1.07 is 23% below this benchmark. Historically, Middle East Specialized Cables Co's own Quick Ratio has ranged from 0.94 to 1.92 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 1.39, Middle East Specialized Cables Co has consistently been below 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 3,070 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. Middle East Specialized Cables Co's current Quick Ratio of 1.07 is 23% below 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 Middle East Specialized Cables Co 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. Middle East Specialized Cables Co's current Quick Ratio is 1.07, which is 13% below median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Middle East Specialized Cables Co stock overvalued right now?
Based on GuruFocus' analysis, Middle East Specialized Cables Co (SAU:2370) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼42.18, compared to a current price of ﷼31.22 — trading 26% below its estimated fair value. The current Quick Ratio is 1.07, which is 13% below median its 10-year median of 1.23 and 23% below the Industrial Products industry median of 1.39. Middle East Specialized Cables Co's overall GF Score™ is 77/100 with 4 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 Middle East Specialized Cables Co (SAU:2370), the current Quick Ratio is 1.07 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 Middle East Specialized Cables Co (SAU:2370) Overvalued in 2026?

Based on GuruFocus' analysis, Middle East Specialized Cables Co stock appears to be undervalued. The current stock price of ﷼31.22 is trading 26% below its estimated GF Value™ of ﷼42.18. GuruFocus considers Middle East Specialized Cables Co to be Modestly Undervalued.

Key valuation signals for SAU:2370:

  • Quick Ratio: 1.07 (13% below median its 10-year median of 1.23)
  • GF Value™: ﷼42.18 vs. price of ﷼31.22 (26% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 23% below the Industrial Products median (#2019 of 3070)

No single metric tells the full story. See the SAU:2370 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Middle East Specialized Cables Co Business Description

Address Salahuddin Al Ayoubi Street, King Abdulaziz Sector, PO.Box 60536, Riyadh, SAU, 11555
Middle East Specialized Cables Co is engaged in the manufacture of fiber optic cables, steel insulated wires and cables, copper insulated wires and cables, and aluminum insulated wires and cables. It manufactures Industrial cables that consist of instrumentation data & control cables, which are used in industrial projects, refineries, and petrochemical plants to remotely control the data and measurements. Its control cables consist of telephone, computer cables specialized to transfer data and radio signals, and telecommunications widely used in hotels, hospitals, and commercial buildings. Geographically, it generates the majority of its revenue from Saudi Arabia.
77GF Score

Get the complete analysis for SAU:2370

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

﷼31.22
Price
﷼42.18
GF Value