Ash-Sharqiyah Development Co (SAU:6060) Quick Ratio: 2.66 (As of Mar. 2026) — 5220% Above Median

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SAU:6060 Ash-Sharqiyah Development Co SAU:6060
29 GF Score
Price ﷼14.15
! 1 Warning Sign
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What is Ash-Sharqiyah Development Co Quick Ratio?

Ash-Sharqiyah Development Co SAU:6060 -0.84% 29 Quick Ratio is 2.66 as of Mar. 2026, which is 5220% above its 10-year median of 0.05. GuruFocus rates SAU:6060 with a GF Score™ of 29/100. The stock has 1 warning sign investors should review. Among 1,993 Consumer Packaged Goods companies, Ash-Sharqiyah Development Co ranks better than 81.33% 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. Ash-Sharqiyah Development Co's quick ratio for the quarter that ended in Mar. 2026 was 2.66.

Ash-Sharqiyah Development Co has a quick ratio of 2.66. It generally indicates good short-term financial strength.

The historical rank and industry rank for Ash-Sharqiyah Development Co's Quick Ratio or its related term are showing as below:

SAU:6060' s Quick Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 7.36
Current: 2.66

During the past 13 years, Ash-Sharqiyah Development Co's highest Quick Ratio was 7.36. The lowest was 0.01. And the median was 0.05.

SAU:6060's Quick Ratio is ranked better than
81.33% of 1993 companies
in the Consumer Packaged Goods industry
Industry Median: 1.11 vs SAU:6060: 2.66

Ash-Sharqiyah Development Co  (SAU:6060) 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.


Ash-Sharqiyah Development Co Quick Ratio Related Terms


Ash-Sharqiyah Development Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Ash-Sharqiyah Development 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.

Ash-Sharqiyah Development Co Quick Ratio Chart

Ash-Sharqiyah Development 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 0.01 0.02 7.27 2.97 2.86

Ash-Sharqiyah Development 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 2.91 2.63 3.13 2.86 2.66

SAU:6060 vs ADM, BG, TSN: Quick Ratio Comparison

For the Farm Products subindustry, Ash-Sharqiyah Development 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.


Ash-Sharqiyah Development Co Quick Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ash-Sharqiyah Development Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Ash-Sharqiyah Development Co's Quick Ratio falls into.


SAU:6060
29GF Score
Ash-Sharqiyah Development Co SAU:6060
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ash-Sharqiyah Development 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.

Ash-Sharqiyah Development 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
=(165.113-13.699)/52.887
=2.86

Ash-Sharqiyah Development 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
=(155.524-14.77)/52.882
=2.66

* 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 2.66 mean?
Ash-Sharqiyah Development Co (SAU:6060) has a Quick Ratio of 2.66 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ash-Sharqiyah Development Co and its competitors. This is 5220% above median its historical median of 0.05. Over the past decade, Ash-Sharqiyah Development Co's Quick Ratio has ranged from 0.01 to 7.36. According to the industry distribution chart, Ash-Sharqiyah Development Co ranks #372 out of 1993 companies in the Consumer Packaged Goods industry, placing it in the top 18.7%.
Is Ash-Sharqiyah Development Co's Quick Ratio too high?
Ash-Sharqiyah Development Co's current Quick Ratio of 2.66 is 5220% above median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 7.36. The Consumer Packaged Goods industry median Quick Ratio is 1.11. Ash-Sharqiyah Development Co's value of 2.66 is 139.6% above this industry median. Based on the distribution chart, Ash-Sharqiyah Development Co ranks #372 out of 1993 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Ash-Sharqiyah Development Co has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Ash-Sharqiyah Development Co's Quick Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Ash-Sharqiyah Development Co ranks #372 out of 1993 companies for Quick Ratio. This places Ash-Sharqiyah Development Co in the top 19% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. Ash-Sharqiyah Development Co's value of 2.66 is 139.6% above this benchmark. Historically, Ash-Sharqiyah Development Co's own Quick Ratio has ranged from 0.01 to 7.36 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 1.11, Ash-Sharqiyah Development 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.11, based on 1,993 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. Ash-Sharqiyah Development Co's current Quick Ratio of 2.66 is 139.6% 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 Ash-Sharqiyah Development Co and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ash-Sharqiyah Development Co's current Quick Ratio is 2.66, which is 5220% above median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ash-Sharqiyah Development Co stock overvalued right now?
Ash-Sharqiyah Development Co (SAU:6060) has a current Quick Ratio of 2.66. The current Quick Ratio is 2.66, which is 5220% above median its 10-year median of 0.05 and 139.6% above the Consumer Packaged Goods industry median of 1.11. Ash-Sharqiyah Development Co's overall GF Score™ is 29/100 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 Ash-Sharqiyah Development Co (SAU:6060), the current Quick Ratio is 2.66 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.

Ash-Sharqiyah Development Co Business Description

Address 7143 Prince Turki bin Abdulaziz Al Awwal Street, Riyadh, SAU, 2290 - 13512
Ash-Sharqiyah Development Co operates in investment activities, development activities, and logistic services. Its segments include Al-Sharqiya (Holding Company), which is engaged in agriculture, construction, wholesale and retail trade, transportation and storage, accommodation and food service activities, real estate activities, arts, entertainment and leisure, and other service activities. The Company is also engaged in growing vegetables in greenhouses and uncovered variegated vegetables. The Sado Arab Trading Company, which generates maximum revenue, is engaged in food security and logistic services, while the Al Waseet Al Beri Logistics Group is engaged in goods land transportation, refrigerated and frozen goods transportation, and operating storage facilities for all types of goods.
29GF Score

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

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