STEV (Stevia) Quick Ratio: 3.33 (As of Dec. 2014)


What is Stevia Quick Ratio?

Stevia STEV Quick Ratio is 3.33 as of Dec. 2014.

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. Stevia's quick ratio for the quarter that ended in Dec. 2014 was 3.33.

Stevia has a quick ratio of 3.33. It generally indicates good short-term financial strength.

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

STEV's Quick Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.12
* Ranked among companies with meaningful Quick Ratio only.

Stevia  (OTCPK:STEV) 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.


Stevia Quick Ratio Related Terms


Stevia Quick Ratio Historical Data

* Premium members only.

The historical data trend for Stevia'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.

Stevia Quick Ratio Chart

Stevia Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Quick Ratio
Get a 7-Day Free Trial 0.25 0.84 0.19 0.42 2.14

Stevia Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 0.82 2.14 4.42 4.36 3.33

STEV vs YEWB: Quick Ratio Comparison

For the Farm Products subindustry, Stevia'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.


Stevia Quick Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Stevia's Quick Ratio distribution charts can be found below:

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



Stevia 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.

Stevia's Quick Ratio for the fiscal year that ended in Mar. 2014 is calculated as

Quick Ratio (A: Mar. 2014 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2.908-0)/1.356
=2.14

Stevia's Quick Ratio for the quarter that ended in Dec. 2014 is calculated as

Quick Ratio (Q: Dec. 2014 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(5.586-0)/1.68
=3.33

* 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 3.33 mean?
Stevia (STEV) has a Quick Ratio of 3.33 as of Dec. 2014. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Stevia and its competitors.
Is Stevia's Quick Ratio too high?
Stevia's current Quick Ratio is 3.33. The Consumer Packaged Goods industry median Quick Ratio is 1.12. Stevia's value of 3.33 is 197.3% above this industry median.
How does Stevia's Quick Ratio compare to YEWB?
Stevia's Quick Ratio of 3.33 can be compared against companies in the Consumer Packaged Goods industry. The industry median Quick Ratio is 1.12. Stevia's value of 3.33 is 197.3% above this benchmark. 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 1.12, based on 1,987 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. Stevia's current Quick Ratio of 3.33 is 197.3% 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 Stevia and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stevia's current Quick Ratio is 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stevia stock overvalued right now?
Stevia (STEV) has a current Quick Ratio of 3.33. The current Quick Ratio is 3.33 and 197.3% above the Consumer Packaged Goods industry median of 1.12. 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 Stevia (STEV), the current Quick Ratio is 3.33 as of Dec. 2014. 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.

Stevia Business Description

Address 72 Adelhaide Lane, East Islip, NY, USA, 11730
Stevia Corp is an International farm management company. The company is focused on the commercial development of products that support a healthy lifestyle, including stevia hemp and its compounds, herbal extracts, and dietary supplements. The company majorly contracts with third-partygrowers and co-packers to create nutraceutical products, herbal extracts, stevia products, and legal hemp products.