SYH (Mountain&Sea Health) Quick Ratio: 2.00 (As of Jun. 2024)


What is Mountain&Sea Health Quick Ratio?

Mountain&Sea Health SYH Quick Ratio is 2.00 as of Jun. 2024.

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. Mountain&Sea Health's quick ratio for the quarter that ended in Jun. 2024 was 2.00.

Mountain&Sea Health has a quick ratio of 2.00. It generally indicates good short-term financial strength.

The historical rank and industry rank for Mountain&Sea Health's Quick Ratio or its related term are showing as below:

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

Mountain&Sea Health  (NAS:SYH) 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.


Mountain&Sea Health Quick Ratio Related Terms


Mountain&Sea Health Quick Ratio Historical Data

* Premium members only.

The historical data trend for Mountain&Sea Health'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.

Mountain&Sea Health Quick Ratio Chart

Mountain&Sea Health Annual Data
Trend Jun22 Jun23 Jun24
Quick Ratio
4.13 3.13 2.00

Mountain&Sea Health Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Quick Ratio 4.13 0.00 3.13 2.11 2.00

SYH vs : Quick Ratio Comparison

For the Packaged Foods subindustry, Mountain&Sea Health'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.


Mountain&Sea Health Quick Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Mountain&Sea Health's Quick Ratio falls into.



Mountain&Sea Health 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.

Mountain&Sea Health's Quick Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Quick Ratio (A: Jun. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(10.335-0.294)/5.018
=2.00

Mountain&Sea Health's Quick Ratio for the quarter that ended in Jun. 2024 is calculated as

Quick Ratio (Q: Jun. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(10.335-0.294)/5.018
=2.00

* 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 2.00 mean?
Mountain&Sea Health (SYH) has a Quick Ratio of 2.00 as of Jun. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mountain&Sea Health and its competitors.
Is Mountain&Sea Health's Quick Ratio too high?
Mountain&Sea Health's current Quick Ratio is 2.00. The Consumer Packaged Goods industry median Quick Ratio is 1.12. Mountain&Sea Health's value of 2.00 is 78.6% above this industry median.
How does Mountain&Sea Health's Quick Ratio compare to ?
Mountain&Sea Health's Quick Ratio of 2.00 can be compared against companies in the Consumer Packaged Goods industry. The industry median Quick Ratio is 1.12. Mountain&Sea Health's value of 2.00 is 78.6% 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. Mountain&Sea Health's current Quick Ratio of 2.00 is 78.6% 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 Mountain&Sea Health 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. Mountain&Sea Health's current Quick Ratio is 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mountain&Sea Health stock overvalued right now?
Mountain&Sea Health (SYH) has a current Quick Ratio of 2.00. The current Quick Ratio is 2.00 and 78.6% 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 Mountain&Sea Health (SYH), the current Quick Ratio is 2.00 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.

Mountain&Sea Health Business Description

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Address No. 413 Gudun Road, 7th Floor, Wenxin Library Building, Xihu District, Zhejiang Province, Hangzhou, CHN, 310012
Mountain&Sea Health Inc is engaged in providing health solutions to the middle-aged and elderly populations, encompassing various health management services, health products, accommodation services and health camps in China. The company business is categorized into five main sections: Health Management Services, Selected Products, Health Foods, Accommodation Services, and Health Camps. Key revenue is generated from Health Foods which includes dietary and supplementary food products designed to meet the specific nutritional needs of the middle-aged and elderly. These products are manufactured and supplied by partners and are available in various offline sales scenarios.