Benso Oil Palm Plantation (XGHA:BOPP) Quick Ratio: 2.50 (As of Dec. 2024)


XGHA:BOPP Benso Oil Palm Plantation XGHA:BOPP
91 GF Score
Price GHS79.99
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What is Benso Oil Palm Plantation Quick Ratio?

Benso Oil Palm Plantation XGHA:BOPP 91 Quick Ratio is 2.50 as of Dec. 2024. GuruFocus rates XGHA:BOPP with a GF Score™ of 91/100.

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. Benso Oil Palm Plantation's quick ratio for the quarter that ended in Dec. 2024 was 2.50.

Benso Oil Palm Plantation has a quick ratio of 2.50. It generally indicates good short-term financial strength.

The historical rank and industry rank for Benso Oil Palm Plantation's Quick Ratio or its related term are showing as below:

XGHA:BOPP's Quick Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.12
* Ranked among companies with meaningful Quick Ratio only.

Benso Oil Palm Plantation  (XGHA:BOPP) 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.


Benso Oil Palm Plantation Quick Ratio Related Terms


Benso Oil Palm Plantation Quick Ratio Historical Data

* Premium members only.

The historical data trend for Benso Oil Palm Plantation'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.

Benso Oil Palm Plantation Quick Ratio Chart

Benso Oil Palm Plantation Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial 4.06 4.14 3.72 2.53 2.50

Benso Oil Palm Plantation Quarterly Data
Dec17 Dec18 Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Sep23 Dec23 Sep24 Dec24
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.72 3.50 2.53 2.26 2.50

XGHA:BOPP vs ADM, TSN, BG: Quick Ratio Comparison

For the Farm Products subindustry, Benso Oil Palm Plantation'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.


Benso Oil Palm Plantation Quick Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Benso Oil Palm Plantation's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Benso Oil Palm Plantation's Quick Ratio falls into.


XGHA:BOPP
91GF Score
Benso Oil Palm Plantation XGHA:BOPP
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Benso Oil Palm Plantation 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.

Benso Oil Palm Plantation's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(172.602-40.809)/52.727
=2.50

Benso Oil Palm Plantation's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(172.602-40.809)/52.727
=2.50

* 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 2.50 mean?
Benso Oil Palm Plantation (XGHA:BOPP) has a Quick Ratio of 2.50 as of Dec. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Benso Oil Palm Plantation and its competitors.
Is Benso Oil Palm Plantation's Quick Ratio too high?
Benso Oil Palm Plantation's current Quick Ratio is 2.50. The Consumer Packaged Goods industry median Quick Ratio is 1.12. Benso Oil Palm Plantation's value of 2.50 is 123.2% above this industry median. Overall, Benso Oil Palm Plantation has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Benso Oil Palm Plantation's Quick Ratio compare to ADM and TSN?
Benso Oil Palm Plantation's Quick Ratio of 2.50 can be compared against companies in the Consumer Packaged Goods industry. The industry median Quick Ratio is 1.12. Benso Oil Palm Plantation's value of 2.50 is 123.2% 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.12, based on 1,986 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. Benso Oil Palm Plantation's current Quick Ratio of 2.50 is 123.2% 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 Benso Oil Palm Plantation and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Benso Oil Palm Plantation's current Quick Ratio is 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Benso Oil Palm Plantation stock overvalued right now?
Benso Oil Palm Plantation (XGHA:BOPP) has a current Quick Ratio of 2.50. The current Quick Ratio is 2.50 and 123.2% above the Consumer Packaged Goods industry median of 1.12. Benso Oil Palm Plantation's overall GF Score™ is 91/100. 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 Benso Oil Palm Plantation (XGHA:BOPP), the current Quick Ratio is 2.50 as of Dec. 2024. 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.

Benso Oil Palm Plantation Business Description

Address Adum Banso Estate, P.O.Box 470, Takoradi, GHA
Benso Oil Palm Plantation is engaged in the business of growing oil palm and the processing of palm fruits to produce palm oil and palm kernel oil. The product of the Company is crude palm oil.
91GF Score

Get the complete analysis for XGHA:BOPP

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

GHS79.99
Price