What is Tong Ren Tang Technologies Co Quick Ratio?
Tong Ren Tang Technologies CoTGRNF 50 Quick Ratio is 3.17 as of Dec. 2025, which is 6% above its 10-year median of 2.98. GuruFocus rates TGRNF with a GF Score™ of 50/100 and a GF Value™ of $0.84 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 996 Drug Manufacturers companies, Tong Ren Tang Technologies Co ranks better than 77.61% on this metric.
Tong Ren Tang Technologies Co has a quick ratio of 3.17. It generally indicates good short-term financial strength.
The historical rank and industry rank for Tong Ren Tang Technologies Co's Quick Ratio or its related term are showing as below:
TGRNF'
s Quick Ratio Range Over the Past 10 Years
Min: 1.92 Med: 2.98 Max: 3.37
Current: 3.17
During the past 13 years, Tong Ren Tang Technologies Co's highest Quick Ratio was 3.37. The lowest was 1.92. And the median was 2.98.
TGRNF's Quick Ratio is ranked better than 77.61% of 996
companies
in the Drug Manufacturers industry
Industry Median: 1.45
vs TGRNF: 3.17
Tong Ren Tang Technologies Co (OTCPK:TGRNF) 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.
Tong Ren Tang Technologies Co Quick Ratio Related Terms
Tong Ren Tang Technologies Co 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.
For the Drug Manufacturers - General subindustry, Tong Ren Tang Technologies Co'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.
Tong Ren Tang Technologies Co Quick Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Tong Ren Tang Technologies Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Tong Ren Tang Technologies Co's Quick Ratio falls into.
Tong Ren Tang Technologies Co 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.
Tong Ren Tang Technologies Co (TGRNF) has a Quick Ratio of 3.17 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tong Ren Tang Technologies Co and its competitors. This is near median its historical median of 2.98. Over the past decade, Tong Ren Tang Technologies Co's Quick Ratio has ranged from 1.92 to 3.37. According to the industry distribution chart, Tong Ren Tang Technologies Co ranks #223 out of 996 companies in the Drug Manufacturers industry, placing it in the top 22.4%.
Is Tong Ren Tang Technologies Co's Quick Ratio too high?
Tong Ren Tang Technologies Co's current Quick Ratio of 3.17 is near median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 1.92 to a high of 3.37. The Drug Manufacturers industry median Quick Ratio is 1.45. Tong Ren Tang Technologies Co's value of 3.17 is 118.6% above this industry median. Based on the distribution chart, Tong Ren Tang Technologies Co ranks #223 out of 996 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Tong Ren Tang Technologies Co has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tong Ren Tang Technologies Co's Quick Ratio compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Tong Ren Tang Technologies Co ranks #223 out of 996 companies for Quick Ratio. This places Tong Ren Tang Technologies Co in the top 22% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.45. Tong Ren Tang Technologies Co's value of 3.17 is 118.6% above this benchmark. Historically, Tong Ren Tang Technologies Co's own Quick Ratio has ranged from 1.92 to 3.37 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 1.45, Tong Ren Tang Technologies Co has consistently been above the industry average. 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 Drug Manufacturers company?
The median Quick Ratio among Drug Manufacturers companies is 1.45, based on 996 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. Tong Ren Tang Technologies Co's current Quick Ratio of 3.17 is 118.6% 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 Tong Ren Tang Technologies Co and its competitors. For the Drug Manufacturers 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. Tong Ren Tang Technologies Co's current Quick Ratio is 3.17, which is near median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Ren Tang Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Tong Ren Tang Technologies Co (TGRNF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.84, compared to a current price of $0.49 — trading 41.1% below its estimated fair value. The current Quick Ratio is 3.17, which is near median its 10-year median of 2.98 and 118.6% above the Drug Manufacturers industry median of 1.45. Tong Ren Tang Technologies Co's overall GF Score™ is 50/100 with 5 warning signs to review. 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 Tong Ren Tang Technologies Co (TGRNF), the current Quick Ratio is 3.17 as of Dec. 2025. 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.
Is Tong Ren Tang Technologies Co (TGRNF) Overvalued in 2026?
Based on GuruFocus' analysis, Tong Ren Tang Technologies Co stock appears to be undervalued.
The current stock price of $0.49 is trading 41.1% below its estimated GF Value™ of $0.84.
GuruFocus considers Tong Ren Tang Technologies Co to be Significantly Undervalued.
Key valuation signals for TGRNF:
Quick Ratio: 3.17 (near median its 10-year median of 2.98)
GF Value™: $0.84 vs. price of $0.49 (41.1% below fair value)
Industry Position: 118.6% above the Drug Manufacturers median (#223 of 996)
No single metric tells the full story. See the TGRNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tong Ren Tang Technologies Co Business Description
Tong Ren Tang Technologies Co Ltd is engaged in the production and distribution of Chinese medicine and predominantly operates in Mainland China and Hong Kong. The operating segments derive their revenue predominantly from the manufacture and sale of Chinese medicine of the company in Mainland China and Tong Ren Tang Chinese Medicine and its subsidiaries engaged in manufacturing, retail, and wholesale of Chinese medicine products and healthcare products, and provision of Chinese medical consultation and treatments outside Mainland China and wholesale of healthcare products in Mainland China.
50GF Score
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