Berger Paints Jamaica (XJAM:BRG) Quick Ratio: 0.94 (As of Dec. 2024) — 22% Below Median

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XJAM:BRG Berger Paints Jamaica Ltd XJAM:BRG
79 GF Score
Price JMD5.13
GF Value JMD8.71
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Berger Paints Jamaica Quick Ratio?

Berger Paints Jamaica XJAM:BRG -7.90% 79 Quick Ratio is 0.94 as of Dec. 2024, which is 22% below its 10-year median of 1.20. GuruFocus rates XJAM:BRG with a GF Score™ of 79/100 and a GF Value™ of JMD8.71 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,605 Chemicals companies, Berger Paints Jamaica ranks worse than 68.72% 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. Berger Paints Jamaica's quick ratio for the quarter that ended in Dec. 2024 was 0.94.

Berger Paints Jamaica has a quick ratio of 0.94. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Berger Paints Jamaica's Quick Ratio or its related term are showing as below:

XJAM:BRG' s Quick Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.2   Max: 2.09
Current: 0.94

During the past 11 years, Berger Paints Jamaica's highest Quick Ratio was 2.09. The lowest was 0.80. And the median was 1.20.

XJAM:BRG's Quick Ratio is ranked worse than
68.72% of 1605 companies
in the Chemicals industry
Industry Median: 1.38 vs XJAM:BRG: 0.94

Berger Paints Jamaica  (XJAM:BRG) 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.


Berger Paints Jamaica Quick Ratio Related Terms


Berger Paints Jamaica Quick Ratio Historical Data

* Premium members only.

The historical data trend for Berger Paints Jamaica'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.

Berger Paints Jamaica Quick Ratio Chart

Berger Paints Jamaica Annual Data
Trend Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.16 1.00 0.80 0.94

Berger Paints Jamaica Semi-Annual Data
Dec08 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.75 1.16 1.00 0.80 0.94

XJAM:BRG vs LIN, SHW, ECL: Quick Ratio Comparison

For the Specialty Chemicals subindustry, Berger Paints Jamaica'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.


Berger Paints Jamaica Quick Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Berger Paints Jamaica's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Berger Paints Jamaica's Quick Ratio falls into.


XJAM:BRG
79GF Score
Berger Paints Jamaica Ltd XJAM:BRG
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Berger Paints Jamaica 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.

Berger Paints Jamaica'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
=(1736.986-676.412)/1133.813
=0.94

Berger Paints Jamaica'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
=(1736.986-676.412)/1133.813
=0.94

* 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 0.94 mean?
Berger Paints Jamaica (XJAM:BRG) has a Quick Ratio of 0.94 as of Dec. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Berger Paints Jamaica and its competitors. This is 22% below median its historical median of 1.20. Over the past decade, Berger Paints Jamaica's Quick Ratio has ranged from 0.80 to 2.09. According to the industry distribution chart, Berger Paints Jamaica ranks #1103 out of 1605 companies in the Chemicals industry, placing it in the top 68.7%.
Is Berger Paints Jamaica's Quick Ratio too high?
Berger Paints Jamaica's current Quick Ratio of 0.94 is 22% below median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 2.09. The Chemicals industry median Quick Ratio is 1.38. Berger Paints Jamaica's value of 0.94 is 31.9% below this industry median. Based on the distribution chart, Berger Paints Jamaica ranks #1103 out of 1605 companies in the Chemicals industry, which is below the industry midpoint. Overall, Berger Paints Jamaica has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Berger Paints Jamaica's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Berger Paints Jamaica ranks #1103 out of 1605 companies for Quick Ratio. This places Berger Paints Jamaica in the lower half of its industry. The industry median Quick Ratio is 1.38. Berger Paints Jamaica's value of 0.94 is 31.9% below this benchmark. Historically, Berger Paints Jamaica's own Quick Ratio has ranged from 0.80 to 2.09 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.38, Berger Paints Jamaica 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 Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,605 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. Berger Paints Jamaica's current Quick Ratio of 0.94 is 31.9% 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 Berger Paints Jamaica and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berger Paints Jamaica's current Quick Ratio is 0.94, which is 22% below median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berger Paints Jamaica stock overvalued right now?
Based on GuruFocus' analysis, Berger Paints Jamaica (XJAM:BRG) is currently considered Significantly Undervalued. The stock's GF Value™ is JMD8.71, compared to a current price of JMD5.13 — trading 41.1% below its estimated fair value. The current Quick Ratio is 0.94, which is 22% below median its 10-year median of 1.20 and 31.9% below the Chemicals industry median of 1.38. Berger Paints Jamaica's overall GF Score™ is 79/100 with 3 warning signs to review. 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 Berger Paints Jamaica (XJAM:BRG), the current Quick Ratio is 0.94 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.

Is Berger Paints Jamaica (XJAM:BRG) Overvalued in 2026?

Based on GuruFocus' analysis, Berger Paints Jamaica stock appears to be undervalued. The current stock price of JMD5.13 is trading 41.1% below its estimated GF Value™ of JMD8.71. GuruFocus considers Berger Paints Jamaica to be Significantly Undervalued.

Key valuation signals for XJAM:BRG:

  • Quick Ratio: 0.94 (22% below median its 10-year median of 1.20)
  • GF Value™: JMD8.71 vs. price of JMD5.13 (41.1% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 31.9% below the Chemicals median (#1103 of 1605)

No single metric tells the full story. See the XJAM:BRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Berger Paints Jamaica Business Description

Address 256 Spanish Town Road, Kingston, JAM, 11
Berger Paints Jamaica Ltd is engaged in the manufacture and distribution of industrial and decorative paints and paint-related processed materials. The Company produces a wide range of high-performing decorative, marine, and industrial paint products in Barbados and across the Eastern Caribbean. Its product range includes premium quality interior and exterior topcoats, primers, stains, varnishes, furniture finishes, road marking paints, enamels, as well as light and heavy duty industrial finishes. The Company has introduced products such as Berger Weatherproof Ultra, a super premium exterior emulsion, and Berger Royale, a super premium interior pure acrylic emulsion.
79GF Score

Get the complete analysis for XJAM:BRG

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

JMD5.13
Price
JMD8.71
GF Value