Air Liquide (XPAR:AI) Quick Ratio: 0.93 (As of Dec. 2025) — 31% Above Median


XPAR:AI Air Liquide SA XPAR:AI
98 GF Score
Price €169.76
GF Value €148.75
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Air Liquide Quick Ratio?

Air Liquide XPAR:AI +1.99% 98 Quick Ratio is 0.93 as of Dec. 2025, which is 31% above its 10-year median of 0.71. GuruFocus rates XPAR:AI with a GF Score™ of 98/100 and a GF Value™ of €148.75 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,614 Chemicals companies, Air Liquide ranks worse than 69.33% 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. Air Liquide's quick ratio for the quarter that ended in Dec. 2025 was 0.93.

Air Liquide has a quick ratio of 0.93. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Air Liquide's Quick Ratio or its related term are showing as below:

XPAR:AI' s Quick Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.71   Max: 0.93
Current: 0.93

During the past 13 years, Air Liquide's highest Quick Ratio was 0.93. The lowest was 0.64. And the median was 0.71.

XPAR:AI's Quick Ratio is ranked worse than
69.33% of 1614 companies
in the Chemicals industry
Industry Median: 1.37 vs XPAR:AI: 0.93

Air Liquide  (XPAR:AI) 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.


Air Liquide Quick Ratio Related Terms


Air Liquide Quick Ratio Historical Data

* Premium members only.

The historical data trend for Air Liquide'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.

Air Liquide Quick Ratio Chart

Air Liquide Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.71 0.64 0.65 0.93

Air Liquide Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.58 0.65 0.61 0.93

XPAR:AI vs LIN, SHW, ECL: Quick Ratio Comparison

For the Specialty Chemicals subindustry, Air Liquide'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.


Air Liquide Quick Ratio vs Chemicals Industry

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

* The bar in red indicates where Air Liquide's Quick Ratio falls into.


XPAR:AI
98GF Score
Air Liquide SA XPAR:AI
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Liquide 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.

Air Liquide's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(10369.6-2128.3)/8836.8
=0.93

Air Liquide's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(10369.6-2128.3)/8836.8
=0.93

* 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 0.93 mean?
Air Liquide (XPAR:AI) has a Quick Ratio of 0.93 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Air Liquide and its competitors. This is 31% above median its historical median of 0.71. Over the past decade, Air Liquide's Quick Ratio has ranged from 0.64 to 0.93. According to the industry distribution chart, Air Liquide ranks #1119 out of 1614 companies in the Chemicals industry, placing it in the top 69.3%.
Is Air Liquide's Quick Ratio too high?
Air Liquide's current Quick Ratio of 0.93 is 31% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 0.93. The Chemicals industry median Quick Ratio is 1.37. Air Liquide's value of 0.93 is 32.1% below this industry median. Based on the distribution chart, Air Liquide ranks #1119 out of 1614 companies in the Chemicals industry, which is below the industry midpoint. Overall, Air Liquide has a GF Score™ of 98/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Liquide's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Air Liquide ranks #1119 out of 1614 companies for Quick Ratio. This places Air Liquide in the lower half of its industry. The industry median Quick Ratio is 1.37. Air Liquide's value of 0.93 is 32.1% below this benchmark. Historically, Air Liquide's own Quick Ratio has ranged from 0.64 to 0.93 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 1.37, Air Liquide 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 1.37, based on 1,614 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. Air Liquide's current Quick Ratio of 0.93 is 32.1% 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 Air Liquide and its competitors. For the Chemicals industry, the median Quick Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Liquide's current Quick Ratio is 0.93, which is 31% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Liquide stock overvalued right now?
Based on GuruFocus' analysis, Air Liquide (XPAR:AI) is currently considered Modestly Overvalued. The stock's GF Value™ is €148.75, compared to a current price of €169.76 — trading 14.1% above its estimated fair value. The current Quick Ratio is 0.93, which is 31% above median its 10-year median of 0.71 and 32.1% below the Chemicals industry median of 1.37. Air Liquide's overall GF Score™ is 98/100 with 6 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 Air Liquide (XPAR:AI), the current Quick Ratio is 0.93 as of Dec. 2025. 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 Air Liquide (XPAR:AI) Overvalued in 2026?

Based on GuruFocus' analysis, Air Liquide stock appears to be overvalued. The current stock price of €169.76 is trading 14.1% above its estimated GF Value™ of €148.75. GuruFocus considers Air Liquide to be Modestly Overvalued.

Key valuation signals for XPAR:AI:

  • Quick Ratio: 0.93 (31% above median its 10-year median of 0.71)
  • GF Value™: €148.75 vs. price of €169.76 (14.1% above fair value)
  • GF Score™: 98/100 with 6 warning signs
  • Industry Position: 32.1% below the Chemicals median (#1119 of 1614)

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


Air Liquide Business Description

Address 1, Paris, FRA, 75007
Founded in 1902, Air Liquide is one of the leading industrial gas companies in the world, serving over 3.8 million customers in 78 countries. The company generated approximately EUR 27.9 billion of revenue in 2025, serving a wide range of industries, including chemicals, energy, healthcare, food and beverage, and electronics. Air Liquide employs approximately 65,000 people.
98GF Score

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

€169.76
Price
€148.75
GF Value