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SDST (Stardust Power) Quick Ratio : 0.09 (As of Dec. 2024)


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What is Stardust Power Quick Ratio?

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. Stardust Power's quick ratio for the quarter that ended in Dec. 2024 was 0.09.

Stardust Power has a quick ratio of 0.09. It indicates that the company cannot currently fully pay back its current liabilities.

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

SDST' s Quick Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.92   Max: 1.75
Current: 0.09

During the past 2 years, Stardust Power's highest Quick Ratio was 1.75. The lowest was 0.09. And the median was 0.92.

SDST's Quick Ratio is ranked worse than
99.14% of 3018 companies
in the Industrial Products industry
Industry Median: 1.4 vs SDST: 0.09

Stardust Power Quick Ratio Historical Data

The historical data trend for Stardust Power'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.

* Premium members only.

Stardust Power Quick Ratio Chart

Stardust Power Annual Data
Trend Dec23 Dec24
Quick Ratio
1.75 0.09

Stardust Power Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Quick Ratio Get a 7-Day Free Trial 1.75 0.83 0.03 0.30 0.09

Competitive Comparison of Stardust Power's Quick Ratio

For the Electrical Equipment & Parts subindustry, Stardust Power'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.


Stardust Power's Quick Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Stardust Power's Quick Ratio falls into.


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Stardust Power 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.

Stardust Power's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2.138-0)/24.997
=0.09

Stardust Power's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2.138-0)/24.997
=0.09

* 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.


Stardust Power  (NAS:SDST) 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.


Stardust Power Quick Ratio Related Terms

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Stardust Power Business Description

Traded in Other Exchanges
Address
15 E Putnam Avenue, No. 378, Greenwich, CT, USA, 06830
Stardust Power Inc is a development stage manufacturer of battery-grade lithium products deigned to supply the EV industry and helping to secure America's leadership in the energy transition. They enjoy a diversified supply of lithium from American brine sources.