Biodit AD (XBUL:BDT) Quick Ratio: 0.00 (As of . 20)

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What is Biodit AD Quick Ratio?

Biodit AD XBUL:BDT Quick Ratio is 0.00 as of . 20. The stock has 1 warning sign investors should review. Among 1,085 Business Services companies, Biodit AD ranks worse than 92165.81% 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. Biodit AD's quick ratio for the quarter that ended in . 20 was 0.00.

Biodit AD has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Biodit AD's Quick Ratio or its related term are showing as below:

XBUL:BDT's Quick Ratio is not ranked *
in the Business Services industry.
Industry Median: 1.65
* Ranked among companies with meaningful Quick Ratio only.

Biodit AD  (XBUL:BDT) 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.


Biodit AD Quick Ratio Related Terms


Biodit AD Quick Ratio Historical Data

* Premium members only.

The historical data trend for Biodit AD'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.

Biodit AD Quick Ratio Chart

Biodit AD Annual Data
Trend
Quick Ratio

Biodit AD Semi-Annual Data
Quick Ratio

XBUL:BDT vs : Quick Ratio Comparison

For the Security & Protection Services subindustry, Biodit AD'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.


Biodit AD Quick Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Biodit AD's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Biodit AD's Quick Ratio falls into.



Biodit AD 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.

Biodit AD's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Biodit AD's Quick Ratio for the quarter that ended in . 20 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.00 mean?
Biodit AD (XBUL:BDT) has a Quick Ratio of 0.00 as of . 20. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Biodit AD and its competitors. According to the industry distribution chart, Biodit AD ranks #999999 out of 1085 companies in the Business Services industry.
Is Biodit AD's Quick Ratio too high?
Biodit AD's current Quick Ratio is 0.00. Based on the distribution chart, Biodit AD ranks #999999 out of 1085 companies in the Business Services industry, which is in the bottom quartile relative to peers.
How does Biodit AD's Quick Ratio compare to ?
According to the Business Services industry distribution chart, Biodit AD ranks #999999 out of 1085 companies for Quick Ratio. This places Biodit AD in the lower half of its industry. The industry median Quick Ratio is 1.65. 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 Business Services company?
The median Quick Ratio among Business Services companies is 1.65, based on 1,085 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. 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 Biodit AD and its competitors. For the Business Services industry, the median Quick Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Biodit AD's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biodit AD stock overvalued right now?
Biodit AD (XBUL:BDT) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. 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 Biodit AD (XBUL:BDT), the current Quick Ratio is 0.00 as of . 20. 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.

Biodit AD Business Description

Comparable Companies
Address 125 Kliment Ohridski Boulevard, Sofia, BGR, 1756
Biodit AD is engaged in development and production of biometric systems for access control, security, and working hours. Its systems consist of devices that combine the latest technologies for fingerprints. The product offerings of the company include Olock Wbls, Inside Wbls, and Gateway among others.