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Advantex Marketing International (XCNQ:ADX) 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.
Advantex Marketing International Quick Ratio Related Terms
Advantex Marketing International 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.
Advantex Marketing International Quick Ratio Chart
For the Advertising Agencies subindustry, Advantex Marketing International'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.
Advantex Marketing International Quick Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Advantex Marketing International's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Advantex Marketing International's Quick Ratio falls into.
Advantex Marketing International 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.
Advantex Marketing International (XCNQ:ADX) has a Quick Ratio of 0.75 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Advantex Marketing International and its competitors. This is 36% above median its historical median of 0.55. Over the past decade, Advantex Marketing International's Quick Ratio has ranged from 0.20 to 0.92.
Is Advantex Marketing International's Quick Ratio too high?
Advantex Marketing International's current Quick Ratio of 0.75 is 36% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.92. The Media - Diversified industry median Quick Ratio is 1.45. Advantex Marketing International's value of 0.75 is 48.1% below this industry median.
How does Advantex Marketing International's Quick Ratio compare to APP and OMC?
Advantex Marketing International's Quick Ratio of 0.75 can be compared against companies in the Media - Diversified industry. The industry median Quick Ratio is 1.45. Advantex Marketing International's value of 0.75 is 48.1% below this benchmark. Historically, Advantex Marketing International's own Quick Ratio has ranged from 0.20 to 0.92 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 1.45, Advantex Marketing International has consistently been below 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 Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.45, based on 1,026 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. Advantex Marketing International's current Quick Ratio of 0.75 is 48.1% below 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 Advantex Marketing International and its competitors. For the Media - Diversified 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. Advantex Marketing International's current Quick Ratio is 0.75, which is 36% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advantex Marketing International stock overvalued right now?
Advantex Marketing International (XCNQ:ADX) has a current Quick Ratio of 0.75. The stock's GF Value™ is C$0.01, compared to a current price of C$0.01 — trading 50% below its estimated fair value. The current Quick Ratio is 0.75, which is 36% above median its 10-year median of 0.55 and 48.1% below the Media - Diversified industry median of 1.45. 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 Advantex Marketing International (XCNQ:ADX), the current Quick Ratio is 0.75 as of Mar. 2026. 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.
Advantex Marketing International Inc is a Canada-based company operating in the marketing services industry. The reportable segments include the Merchant Cash Advance (MCA) program and the Aeroplan program. MCA program the company provides merchants with working capital by the pre-purchase of their future sales/receivables. Aeroplan program is managing rewards accelerator programs for affinity groups through which their members earn bonus rewards on purchases at participating merchants.
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