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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. Asta Co's quick ratio for the quarter that ended in Jun. 2026 was 14.30.
Asta Co has a quick ratio of 14.30. It generally indicates good short-term financial strength.
The historical rank and industry rank for Asta Co's Quick Ratio or its related term are showing as below:
XKRX:246720'
s Quick Ratio Range Over the Past 10 Years
Min: 0.89 Med: 3.89 Max: 26.47
Current: 14.3
During the past 12 years, Asta Co's highest Quick Ratio was 26.47. The lowest was 0.89. And the median was 3.89.
XKRX:246720's Quick Ratio is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 1.89
vs XKRX:246720: 14.30
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.
Asta Co Quick Ratio Related Terms
Asta Co Quick Ratio Historical Data
* Premium members only.
The historical data trend for Asta Co'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.
XKRX:246720 vs ISRG, BDX, MDLN: Quick Ratio Comparison
For the Medical Instruments & Supplies subindustry, Asta Co'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.
Asta Co Quick Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Asta Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Asta Co's Quick Ratio falls into.
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.
Asta Co's Quick Ratio for the fiscal year that ended in Dec. 2025 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.
Asta Co (XKRX:246720) has a Quick Ratio of 14.30 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Asta Co and its competitors. This is 268% above median its historical median of 3.89. Over the past decade, Asta Co's Quick Ratio has ranged from 0.89 to 26.47.
Is Asta Co's Quick Ratio too high?
Asta Co's current Quick Ratio of 14.30 is 268% above median its 10-year median of 3.89. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 26.47. The Medical Devices & Instruments industry median Quick Ratio is 1.89. Asta Co's value of 14.30 is 656.6% above this industry median. Overall, Asta Co has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Asta Co's Quick Ratio compare to ISRG and BDX?
Asta Co's Quick Ratio of 14.30 can be compared against companies in the Medical Devices & Instruments industry. The industry median Quick Ratio is 1.89. Asta Co's value of 14.30 is 656.6% above this benchmark. Historically, Asta Co's own Quick Ratio has ranged from 0.89 to 26.47 over the past decade. While the company's 10-year median is 3.89 vs. the industry median of 1.89, Asta Co has consistently been above 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 Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.89, based on 850 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. Asta Co's current Quick Ratio of 14.30 is 656.6% 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 Asta Co and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asta Co's current Quick Ratio is 14.30, which is 268% above median its own 10-year median of 3.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asta Co stock overvalued right now?
Asta Co (XKRX:246720) has a current Quick Ratio of 14.30. The stock's GF Value™ is ₩4,746.50, compared to a current price of ₩6,070.00 — trading 27.9% above its estimated fair value. The current Quick Ratio is 14.30, which is 268% above median its 10-year median of 3.89 and 656.6% above the Medical Devices & Instruments industry median of 1.89. Asta Co's overall GF Score™ is 71/100 with 2 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 Asta Co (XKRX:246720), the current Quick Ratio is 14.30 as of Jun. 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.
Is Asta Co (XKRX:246720) Overvalued in 2026?
Based on GuruFocus' analysis, Asta Co stock appears to be overvalued.
The current stock price of ₩6,070.00 is trading 27.9% above its estimated GF Value™ of ₩4,746.50.
Key valuation signals for XKRX:246720:
Quick Ratio: 14.30 (268% above median its 10-year median of 3.89)
GF Value™: ₩4,746.50 vs. price of ₩6,070.00 (27.9% above fair value)
Industry Position: 656.6% above the Medical Devices & Instruments median
No single metric tells the full story. See the XKRX:246720 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asta Co Ltd is a technology-based company that has been developing, manufacturing, and selling MALDI-TOF-based mass spectrometry instruments and related consumables. Its products are Microbial Identification, Microwave Digestion System, Surface/Organic/Inorganic analysis, Gas analysis, and Others.
71GF Score
Get the complete analysis for XKRX:246720
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