Groupe CarnivorXPAR:MLGRC 11 Quick Ratio is 1.26 as of Dec. 2024, which is 82% below its 10-year median of 7.12. GuruFocus rates XPAR:MLGRC with a GF Score™ of 11/100. The stock has 6 warning signs investors should review. Among 1,986 Consumer Packaged Goods companies, Groupe Carnivor ranks better than 56.09% 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. Groupe Carnivor's quick ratio for the quarter that ended in Dec. 2024 was 1.26.
Groupe Carnivor has a quick ratio of 1.26. It generally indicates good short-term financial strength.
The historical rank and industry rank for Groupe Carnivor's Quick Ratio or its related term are showing as below:
XPAR:MLGRC'
s Quick Ratio Range Over the Past 10 Years
Min: 1.26 Med: 7.12 Max: 9.67
Current: 1.26
During the past 3 years, Groupe Carnivor's highest Quick Ratio was 9.67. The lowest was 1.26. And the median was 7.12.
XPAR:MLGRC's Quick Ratio is ranked better than 56.09% of 1986
companies
in the Consumer Packaged Goods industry
Industry Median: 1.12
vs XPAR:MLGRC: 1.26
Groupe Carnivor (XPAR:MLGRC) 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.
Groupe Carnivor Quick Ratio Related Terms
Groupe Carnivor Quick Ratio Historical Data
* Premium members only.
The historical data trend for Groupe Carnivor'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.
Groupe Carnivor Quick Ratio Chart
Groupe Carnivor Annual Data
Trend
Dec22
Dec23
Dec24
Quick Ratio
7.12
9.67
1.26
Groupe Carnivor Semi-Annual Data
Dec22
Dec23
Dec24
Quick Ratio
7.12
9.67
1.26
XPAR:MLGRC vs KHC, GIS: Quick Ratio Comparison
For the Packaged Foods subindustry, Groupe Carnivor'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.
Groupe Carnivor Quick Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Groupe Carnivor's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Groupe Carnivor'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.
Groupe Carnivor's Quick Ratio for the fiscal year that ended in Dec. 2024 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.
Groupe Carnivor (XPAR:MLGRC) has a Quick Ratio of 1.26 as of Dec. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Groupe Carnivor and its competitors. This is 82% below median its historical median of 7.12. Over the past decade, Groupe Carnivor's Quick Ratio has ranged from 1.26 to 9.67. According to the industry distribution chart, Groupe Carnivor ranks #872 out of 1986 companies in the Consumer Packaged Goods industry, placing it in the top 43.9%.
Is Groupe Carnivor's Quick Ratio too high?
Groupe Carnivor's current Quick Ratio of 1.26 is 82% below median its 10-year median of 7.12. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 9.67. The Consumer Packaged Goods industry median Quick Ratio is 1.12. Groupe Carnivor's value of 1.26 is 12.5% above this industry median. Based on the distribution chart, Groupe Carnivor ranks #872 out of 1986 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Groupe Carnivor has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Groupe Carnivor's Quick Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Groupe Carnivor ranks #872 out of 1986 companies for Quick Ratio. This puts Groupe Carnivor in the upper half of its industry. The industry median Quick Ratio is 1.12. Groupe Carnivor's value of 1.26 is 12.5% above this benchmark. Historically, Groupe Carnivor's own Quick Ratio has ranged from 1.26 to 9.67 over the past decade. While the company's 10-year median is 7.12 vs. the industry median of 1.12, Groupe Carnivor 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.12, based on 1,986 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. Groupe Carnivor's current Quick Ratio of 1.26 is 12.5% 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 Groupe Carnivor 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. Groupe Carnivor's current Quick Ratio is 1.26, which is 82% below median its own 10-year median of 7.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Groupe Carnivor stock overvalued right now?
Groupe Carnivor (XPAR:MLGRC) has a current Quick Ratio of 1.26. The current Quick Ratio is 1.26, which is 82% below median its 10-year median of 7.12 and 12.5% above the Consumer Packaged Goods industry median of 1.12. Groupe Carnivor's overall GF Score™ is 11/100 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 Groupe Carnivor (XPAR:MLGRC), the current Quick Ratio is 1.26 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.
Groupe Carnivor SA is engaged in rocessing and distribution of meat and meat products. The products of the company includes meat products, dairy products, fresh pasta, ready meals, and others.
11GF Score
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