Armstrong Flooring (STU:2AS) Quick Ratio: 0.32 (As of Dec. 2021)


STU:2AS Armstrong Flooring Inc STU:2AS
12 GF Score
Price €0.00
View Full Analysis

What is Armstrong Flooring Quick Ratio?

Armstrong Flooring STU:2AS 12 Quick Ratio is 0.32 as of Dec. 2021. GuruFocus rates STU:2AS with a GF Score™ of 12/100.

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. Armstrong Flooring's quick ratio for the quarter that ended in Dec. 2021 was 0.32.

Armstrong Flooring has a quick ratio of 0.32. It indicates that the company cannot currently fully pay back its current liabilities.

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

STU:2AS's Quick Ratio is not ranked *
in the Construction industry.
Industry Median: 1.29
* Ranked among companies with meaningful Quick Ratio only.

Armstrong Flooring  (STU:2AS) 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.


Armstrong Flooring Quick Ratio Related Terms


Armstrong Flooring Quick Ratio Historical Data

* Premium members only.

The historical data trend for Armstrong Flooring'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.

Armstrong Flooring Quick Ratio Chart

Armstrong Flooring Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 1.36 0.71 0.72 0.32

Armstrong Flooring Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 0.72 0.70 0.68 0.40 0.32

STU:2AS vs AEHL, CARR, MAS: Quick Ratio Comparison

For the Building Products & Equipment subindustry, Armstrong Flooring'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.


Armstrong Flooring Quick Ratio vs Construction Industry

For the Construction industry and Industrials sector, Armstrong Flooring's Quick Ratio distribution charts can be found below:

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


STU:2AS
12GF Score
Armstrong Flooring Inc STU:2AS
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Armstrong Flooring 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.

Armstrong Flooring's Quick Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Quick Ratio (A: Dec. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(198.771-129.476)/214.701
=0.32

Armstrong Flooring's Quick Ratio for the quarter that ended in Dec. 2021 is calculated as

Quick Ratio (Q: Dec. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(198.771-129.476)/214.701
=0.32

* 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 0.32 mean?
Armstrong Flooring (STU:2AS) has a Quick Ratio of 0.32 as of Dec. 2021. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Armstrong Flooring and its competitors.
Is Armstrong Flooring's Quick Ratio too high?
Armstrong Flooring's current Quick Ratio is 0.32. The Construction industry median Quick Ratio is 1.29. Armstrong Flooring's value of 0.32 is 75.2% below this industry median. Overall, Armstrong Flooring has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Armstrong Flooring's Quick Ratio compare to AEHL and CARR?
Armstrong Flooring's Quick Ratio of 0.32 can be compared against companies in the Construction industry. The industry median Quick Ratio is 1.29. Armstrong Flooring's value of 0.32 is 75.2% below 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 Construction company?
The median Quick Ratio among Construction companies is 1.29, based on 1,781 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. Armstrong Flooring's current Quick Ratio of 0.32 is 75.2% 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 Armstrong Flooring and its competitors. For the Construction industry, the median Quick Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armstrong Flooring's current Quick Ratio is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armstrong Flooring stock overvalued right now?
Armstrong Flooring (STU:2AS) has a current Quick Ratio of 0.32. The current Quick Ratio is 0.32 and 75.2% below the Construction industry median of 1.29. Armstrong Flooring's overall GF Score™ is 12/100. 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 Armstrong Flooring (STU:2AS), the current Quick Ratio is 0.32 as of Dec. 2021. 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.

Armstrong Flooring Business Description

Address 1770 Hempstead Road, Lancaster, PA, USA, 17605
Armstrong Flooring Inc designs, manufactures, sources, and sells resilient and wood flooring products, which are primarily used for construction and renovation of residential, commercial, and institutional buildings. It operates through two segments namely Resilient Flooring and Wood Flooring. The Resilient Flooring provides a range of floor coverings for homes and commercial buildings under the Armstrong brand and the Wood Flooring segment provides hardwood flooring products under the Armstrong and Bruce brand names. Geographically, the group operates its business in the United States and also has its presence internationally, of which a majority of the revenue is derived from the United States.
12GF Score

Get the complete analysis for STU:2AS

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

€0.00
Price