Krukivsky Carriage Works PJSC (UKEX:KVBZ) Quick Ratio: 2.45 (As of Dec. 2022)

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UKEX:KVBZ Krukivsky Carriage Works PJSC UKEX:KVBZ
56 GF Score
Price ₴15.16
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What is Krukivsky Carriage Works PJSC Quick Ratio?

Krukivsky Carriage Works PJSC UKEX:KVBZ 56 Quick Ratio is 2.45 as of Dec. 2022. GuruFocus rates UKEX:KVBZ with a GF Score™ of 56/100.

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. Krukivsky Carriage Works PJSC's quick ratio for the quarter that ended in Dec. 2022 was 2.45.

Krukivsky Carriage Works PJSC has a quick ratio of 2.45. It generally indicates good short-term financial strength.

The historical rank and industry rank for Krukivsky Carriage Works PJSC's Quick Ratio or its related term are showing as below:

UKEX:KVBZ's Quick Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.33
* Ranked among companies with meaningful Quick Ratio only.

Krukivsky Carriage Works PJSC  (UKEX:KVBZ) 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.


Krukivsky Carriage Works PJSC Quick Ratio Related Terms


Krukivsky Carriage Works PJSC Quick Ratio Historical Data

* Premium members only.

The historical data trend for Krukivsky Carriage Works PJSC'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.

Krukivsky Carriage Works PJSC Quick Ratio Chart

Krukivsky Carriage Works PJSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Quick Ratio
Get a 7-Day Free Trial 1.44 1.98 5.93 1.69 2.45

Krukivsky Carriage Works PJSC Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Quick Ratio Get a 7-Day Free Trial 1.44 1.98 5.93 1.69 2.45

UKEX:KVBZ vs RAIL: Quick Ratio Comparison

For the Railroads subindustry, Krukivsky Carriage Works PJSC'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.


Krukivsky Carriage Works PJSC Quick Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Krukivsky Carriage Works PJSC's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Krukivsky Carriage Works PJSC's Quick Ratio falls into.


UKEX:KVBZ
56GF Score
Krukivsky Carriage Works PJSC UKEX:KVBZ
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Krukivsky Carriage Works PJSC 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.

Krukivsky Carriage Works PJSC's Quick Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Quick Ratio (A: Dec. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3919.232-1406.722)/1027.205
=2.45

Krukivsky Carriage Works PJSC's Quick Ratio for the quarter that ended in Dec. 2022 is calculated as

Quick Ratio (Q: Dec. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3919.232-1406.722)/1027.205
=2.45

* 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 2.45 mean?
Krukivsky Carriage Works PJSC (UKEX:KVBZ) has a Quick Ratio of 2.45 as of Dec. 2022. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Krukivsky Carriage Works PJSC and its competitors.
Is Krukivsky Carriage Works PJSC's Quick Ratio too high?
Krukivsky Carriage Works PJSC's current Quick Ratio is 2.45. The Transportation industry median Quick Ratio is 1.33. Krukivsky Carriage Works PJSC's value of 2.45 is 84.2% above this industry median. Overall, Krukivsky Carriage Works PJSC has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Krukivsky Carriage Works PJSC's Quick Ratio compare to RAIL?
Krukivsky Carriage Works PJSC's Quick Ratio of 2.45 can be compared against companies in the Transportation industry. The industry median Quick Ratio is 1.33. Krukivsky Carriage Works PJSC's value of 2.45 is 84.2% 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 Transportation company?
The median Quick Ratio among Transportation companies is 1.33, based on 1,009 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. Krukivsky Carriage Works PJSC's current Quick Ratio of 2.45 is 84.2% 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 Krukivsky Carriage Works PJSC and its competitors. For the Transportation industry, the median Quick Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krukivsky Carriage Works PJSC's current Quick Ratio is 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krukivsky Carriage Works PJSC stock overvalued right now?
Krukivsky Carriage Works PJSC (UKEX:KVBZ) has a current Quick Ratio of 2.45. The current Quick Ratio is 2.45 and 84.2% above the Transportation industry median of 1.33. Krukivsky Carriage Works PJSC's overall GF Score™ is 56/100. 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 Krukivsky Carriage Works PJSC (UKEX:KVBZ), the current Quick Ratio is 2.45 as of Dec. 2022. 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.

Krukivsky Carriage Works PJSC Business Description

Address 139, Ivana Prykhodka Street, Kremenchuk, UKR, 39621
Krukivsky Carriage Works PJSC is engaged in the manufacturing of railway vehicles in Ukraine. The company produces new bogies for freight cars, passenger coaches, and metro cars, tunnel and floor-to-floor escalators, and welding electrodes.
56GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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