Glorious Property Holdings has a quick ratio of 0.08. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Glorious Property Holdings's Quick Ratio or its related term are showing as below:
STU:GI0A's Quick Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.845 * Ranked among companies with meaningful Quick Ratio only.
Glorious Property Holdings (STU:GI0A) 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.
Glorious Property Holdings Quick Ratio Related Terms
Glorious Property Holdings Quick Ratio Historical Data
* 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.
Glorious Property Holdings Quick Ratio Competitor Comparison
For the Real Estate - Development subindustry, Glorious Property Holdings'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.
Glorious Property Holdings Quick Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Glorious Property Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Glorious Property Holdings's Quick Ratio falls into.
Glorious Property Holdings 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.
* 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.
Glorious Property Holdings (STU:GI0A) has a Quick Ratio of 0.08 as of Jun. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Glorious Property Holdings and its competitors.
Is Glorious Property Holdings' Quick Ratio too high?
Glorious Property Holdings' current Quick Ratio is 0.08. The Real Estate industry median Quick Ratio is 0.85. Glorious Property Holdings' value of 0.08 is 90.5% below this industry median. Overall, Glorious Property Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Glorious Property Holdings' Quick Ratio compare to competitors?
Glorious Property Holdings' Quick Ratio of 0.08 can be compared against companies in the Real Estate industry. The industry median Quick Ratio is 0.85. Glorious Property Holdings' value of 0.08 is 90.5% 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 Real Estate company?
The median Quick Ratio among Real Estate companies is 0.85, based on 1,790 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. Glorious Property Holdings's current Quick Ratio of 0.08 is 90.5% 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 Glorious Property Holdings and its competitors. For the Real Estate industry, the median Quick Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glorious Property Holdings's current Quick Ratio is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glorious Property Holdings stock overvalued right now?
Glorious Property Holdings (STU:GI0A) has a current Quick Ratio of 0.08. The current Quick Ratio is 0.08 and 90.5% below the Real Estate industry median of 0.85. Glorious Property Holdings' overall GF Score™ is 4/100. 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 Glorious Property Holdings (STU:GI0A), the current Quick Ratio is 0.08 as of Jun. 2024. 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.
Glorious Property Holdings Ltd is a national property developer in China. It focuses on the development and sales of large-scale properties in key economic areas such as the Shanghai region, Yangtze River Delta, Pan Bohai Rim, and Northeast China. The firm develops residential and commercial properties and is also involved in property management. Its reportable operating segments, namely Shanghai Region, Yangtze River Delta (excluding Shanghai), Pan Bohai Rim, and Northeast China. The Others segment represents corporate support functions. The company generates maximum revenue from the Shanghai region.
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