TIRXF (Tian Ruixiang Holdings) Quick Ratio: 11.50 (As of Apr. 2025)

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What is Tian Ruixiang Holdings Quick Ratio?

Tian Ruixiang Holdings TIRXF +50.00% Quick Ratio is 11.50 as of Apr. 2025. Among 65 Insurance companies, Tian Ruixiang Holdings ranks better than 93.85% on this metric.

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. Tian Ruixiang Holdings's quick ratio for the quarter that ended in Apr. 2025 was 11.50.

Tian Ruixiang Holdings has a quick ratio of 11.50. It generally indicates good short-term financial strength.

The historical rank and industry rank for Tian Ruixiang Holdings's Quick Ratio or its related term are showing as below:

TIRXF's Quick Ratio is not ranked *
in the Insurance industry.
Industry Median: 1.63
* Ranked among companies with meaningful Quick Ratio only.

Tian Ruixiang Holdings  (OTCPK:TIRXF) 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.


Tian Ruixiang Holdings Quick Ratio Related Terms


Tian Ruixiang Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for Tian Ruixiang 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.

Tian Ruixiang Holdings Quick Ratio Chart

Tian Ruixiang Holdings Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Quick Ratio
Get a 7-Day Free Trial 7.42 28.29 23.33 9.02 6.74

Tian Ruixiang Holdings Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25
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 15.14 9.02 5.06 6.74 11.50

TIRXF vs MRSH, AON, AJG: Quick Ratio Comparison

For the Insurance Brokers subindustry, Tian Ruixiang 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.


Tian Ruixiang Holdings Quick Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Tian Ruixiang Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Tian Ruixiang Holdings's Quick Ratio falls into.



Tian Ruixiang 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.

Tian Ruixiang Holdings's Quick Ratio for the fiscal year that ended in Oct. 2024 is calculated as

Quick Ratio (A: Oct. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(39.921-0)/5.919
=6.74

Tian Ruixiang Holdings's Quick Ratio for the quarter that ended in Apr. 2025 is calculated as

Quick Ratio (Q: Apr. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(37.822-0)/3.29
=11.50

* 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 11.50 mean?
Tian Ruixiang Holdings (TIRXF) has a Quick Ratio of 11.50 as of Apr. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tian Ruixiang Holdings and its competitors. According to the industry distribution chart, Tian Ruixiang Holdings ranks #4 out of 65 companies in the Insurance industry, placing it in the top 6.2%.
Is Tian Ruixiang Holdings' Quick Ratio too high?
Tian Ruixiang Holdings' current Quick Ratio is 11.50. The Insurance industry median Quick Ratio is 1.63. Tian Ruixiang Holdings' value of 11.50 is 605.5% above this industry median. Based on the distribution chart, Tian Ruixiang Holdings ranks #4 out of 65 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers.
How does Tian Ruixiang Holdings' Quick Ratio compare to MRSH and AON?
According to the Insurance industry distribution chart, Tian Ruixiang Holdings ranks #4 out of 65 companies for Quick Ratio. This places Tian Ruixiang Holdings in the top 6% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.63. Tian Ruixiang Holdings' value of 11.50 is 605.5% 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 an Insurance company?
The median Quick Ratio among Insurance companies is 1.63, based on 65 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. Tian Ruixiang Holdings's current Quick Ratio of 11.50 is 605.5% 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 Tian Ruixiang Holdings and its competitors. For the Insurance industry, the median Quick Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian Ruixiang Holdings's current Quick Ratio is 11.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Ruixiang Holdings stock overvalued right now?
Tian Ruixiang Holdings (TIRXF) has a current Quick Ratio of 11.50. The current Quick Ratio is 11.50 and 605.5% above the Insurance industry median of 1.63. 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 Tian Ruixiang Holdings (TIRXF), the current Quick Ratio is 11.50 as of Apr. 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.

Tian Ruixiang Holdings Business Description

Address Room 918, Jingding Building, Xicheng District, Beijing, CHN, 100000
Tian Ruixiang Holdings Ltd is an Insurance Brokerage firm. It distributes a wide range of insurance products, which are categorized into two groups; property and casualty insurance, such as commercial property insurance, liability insurance, accidental insurance, and automobile insurance; and other insurances, such as health insurance, life insurance, and miscellaneous insurances. It also generates a small amount of revenue from risk management services. The firm act on behalf of its customers seeking insurance coverage from insurance companies. It generates revenue from the provision of insurance brokerage services.