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. Xuhang Holdings's quick ratio for the quarter that ended in Dec. 2023 was 2.44.
Xuhang Holdings has a quick ratio of 2.44. It generally indicates good short-term financial strength.
The historical rank and industry rank for Xuhang Holdings's Quick Ratio or its related term are showing as below:
SUNH's Quick Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.45 * Ranked among companies with meaningful Quick Ratio only.
Xuhang Holdings (NAS:SUNH) 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.
Xuhang Holdings Quick Ratio Related Terms
Xuhang Holdings Quick Ratio Historical Data
* Premium members only.
The historical data trend for Xuhang Holdings'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.
For the Advertising Agencies subindustry, Xuhang 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.
Xuhang Holdings Quick Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Xuhang Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Xuhang Holdings's Quick Ratio falls into.
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.
Xuhang Holdings's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Xuhang Holdings (SUNH) has a Quick Ratio of 2.44 as of Dec. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Xuhang Holdings and its competitors.
Is Xuhang Holdings' Quick Ratio too high?
Xuhang Holdings' current Quick Ratio is 2.44. The Media - Diversified industry median Quick Ratio is 1.45. Xuhang Holdings' value of 2.44 is 68.3% above this industry median.
How does Xuhang Holdings' Quick Ratio compare to ?
Xuhang Holdings' Quick Ratio of 2.44 can be compared against companies in the Media - Diversified industry. The industry median Quick Ratio is 1.45. Xuhang Holdings' value of 2.44 is 68.3% 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 Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.45, based on 1,032 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. Xuhang Holdings's current Quick Ratio of 2.44 is 68.3% 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 Xuhang Holdings and its competitors. For the Media - Diversified industry, the median Quick Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xuhang Holdings's current Quick Ratio is 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xuhang Holdings stock overvalued right now?
Xuhang Holdings (SUNH) has a current Quick Ratio of 2.44. The current Quick Ratio is 2.44 and 68.3% above the Media - Diversified industry median of 1.45. 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 Xuhang Holdings (SUNH), the current Quick Ratio is 2.44 as of Dec. 2023. 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.
Xuhang Holdings Ltd is principally engaged in new media-integrated content marketing services and digital advertising services through its subsidiaries. It offers services such as creative marketing services, online-offline-linkage marketing activity services, live-streaming services and digital product services. Also, Xuhang provides online traffic services to large internet media platforms by generating or directing user traffic to those media platforms through editing and producing captivating short videos.
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