ZK Pelagonija AD Bitola (XMAE:ZPKO) Quick Ratio: 0.00 (As of . 20)


What is ZK Pelagonija AD Bitola Quick Ratio?

ZK Pelagonija AD Bitola XMAE:ZPKO Quick Ratio is 0.00 as of . 20. The stock has 2 warning signs investors should review. Among 1,984 Consumer Packaged Goods companies, ZK Pelagonija AD Bitola ranks worse than 50403.18% 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. ZK Pelagonija AD Bitola's quick ratio for the quarter that ended in . 20 was 0.00.

ZK Pelagonija AD Bitola 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 ZK Pelagonija AD Bitola's Quick Ratio or its related term are showing as below:

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

ZK Pelagonija AD Bitola  (XMAE:ZPKO) 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.


ZK Pelagonija AD Bitola Quick Ratio Related Terms


ZK Pelagonija AD Bitola Quick Ratio Historical Data

* Premium members only.

The historical data trend for ZK Pelagonija AD Bitola'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.

ZK Pelagonija AD Bitola Quick Ratio Chart

ZK Pelagonija AD Bitola Annual Data
Trend
Quick Ratio

ZK Pelagonija AD Bitola Semi-Annual Data
Quick Ratio

XMAE:ZPKO vs EYTH: Quick Ratio Comparison

For the Farm Products subindustry, ZK Pelagonija AD Bitola'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.


ZK Pelagonija AD Bitola Quick Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, ZK Pelagonija AD Bitola's Quick Ratio distribution charts can be found below:

* The bar in red indicates where ZK Pelagonija AD Bitola's Quick Ratio falls into.



ZK Pelagonija AD Bitola 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.

ZK Pelagonija AD Bitola's Quick Ratio for the fiscal year that ended in . 20 is calculated as

ZK Pelagonija AD Bitola'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?
ZK Pelagonija AD Bitola (XMAE:ZPKO) 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 ZK Pelagonija AD Bitola and its competitors. According to the industry distribution chart, ZK Pelagonija AD Bitola ranks #999999 out of 1984 companies in the Consumer Packaged Goods industry.
Is ZK Pelagonija AD Bitola's Quick Ratio too high?
ZK Pelagonija AD Bitola's current Quick Ratio is 0.00. Based on the distribution chart, ZK Pelagonija AD Bitola ranks #999999 out of 1984 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does ZK Pelagonija AD Bitola's Quick Ratio compare to EYTH?
According to the Consumer Packaged Goods industry distribution chart, ZK Pelagonija AD Bitola ranks #999999 out of 1984 companies for Quick Ratio. This places ZK Pelagonija AD Bitola in the lower half of its industry. The industry median Quick Ratio is 1.12. 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 1,984 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 ZK Pelagonija AD Bitola 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. ZK Pelagonija AD Bitola'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 ZK Pelagonija AD Bitola stock overvalued right now?
ZK Pelagonija AD Bitola (XMAE:ZPKO) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. 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 ZK Pelagonija AD Bitola (XMAE:ZPKO), 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.

ZK Pelagonija AD Bitola Business Description

Address Boris Kidric 3, Bitola, MKD
ZK Pelagonija AD Bitola is engaged in the agricultural production of wheat, barley, oil rapeseed, sunflower, corn grain, corn silage; farming and small cattle, livestock production, fishing, gardening and fruit fodder.