IGM Vratnica AD (XMAE:IGMV) Quick Ratio: 0.00 (As of . 20)

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XMAE:IGMV IGM Vratnica AD XMAE:IGMV
14 GF Score
Price MKD1,266.00
! 1 Warning Sign
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What is IGM Vratnica AD Quick Ratio?

IGM Vratnica AD XMAE:IGMV 14 Quick Ratio is 0.00 as of . 20. GuruFocus rates XMAE:IGMV with a GF Score™ of 14/100. The stock has 1 warning sign investors should review.

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. IGM Vratnica AD's quick ratio for the quarter that ended in . 20 was 0.00.

IGM Vratnica 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 IGM Vratnica AD's Quick Ratio or its related term are showing as below:

XMAE:IGMV's Quick Ratio is not ranked *
in the Building Materials industry.
Industry Median: 1.055
* Ranked among companies with meaningful Quick Ratio only.

IGM Vratnica AD  (XMAE:IGMV) 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.


IGM Vratnica AD Quick Ratio Related Terms


IGM Vratnica AD Quick Ratio Historical Data

* Premium members only.

The historical data trend for IGM Vratnica 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.

IGM Vratnica AD Quick Ratio Chart

IGM Vratnica AD Annual Data
Trend
Quick Ratio

IGM Vratnica AD Semi-Annual Data
Quick Ratio

IGM Vratnica AD Quick Ratio Competitor Comparison

For the Building Materials subindustry, IGM Vratnica 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.


IGM Vratnica AD Quick Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, IGM Vratnica AD's Quick Ratio distribution charts can be found below:

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


XMAE:IGMV
14GF Score
IGM Vratnica AD XMAE:IGMV
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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IGM Vratnica 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.

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

IGM Vratnica 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?
IGM Vratnica AD (XMAE:IGMV) 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 IGM Vratnica AD and its competitors.
Is IGM Vratnica AD's Quick Ratio too high?
IGM Vratnica AD's current Quick Ratio is 0.00. Overall, IGM Vratnica AD has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does IGM Vratnica AD's Quick Ratio compare to competitors?
IGM Vratnica AD's Quick Ratio of 0.00 can be compared against companies in the Building Materials industry. The industry median Quick Ratio is 1.06. 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 Building Materials company?
The median Quick Ratio among Building Materials companies is 1.06, based on 408 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 IGM Vratnica AD and its competitors. For the Building Materials industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGM Vratnica 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 IGM Vratnica AD stock overvalued right now?
IGM Vratnica AD (XMAE:IGMV) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. IGM Vratnica AD's overall GF Score™ is 14/100 with 1 warning sign 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 IGM Vratnica AD (XMAE:IGMV), 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.

IGM Vratnica AD Business Description

Address Jegunovce, Vratnica, MKD, 1225
IGM Vratnica AD is engaged in manufacturing of building materials including concrete, construction adhesives, decorative plasters, and among others. Its products are applied in the construction industry, civil engineering in the construction of parterners, access roads, slopes, paths, sidewalks, transport and industrial depots, street arranging.
14GF Score

Get the complete analysis for XMAE:IGMV

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

MKD1,266.00
Price