Nur Ink Innovations 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 Nur Ink Innovations's Quick Ratio or its related term are showing as below:
XTAE:NURI's Quick Ratio is not ranked *
in the Chemicals industry.
Industry Median: 1.38 * Ranked among companies with meaningful Quick Ratio only.
Nur Ink Innovations (XTAE:NURI) 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.
Nur Ink Innovations Quick Ratio Related Terms
Nur Ink Innovations Quick Ratio Historical Data
* Premium members only.
The historical data trend for Nur Ink Innovations'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.
Nur Ink Innovations Quick Ratio Chart
Nur Ink Innovations Annual Data
Trend
Quick Ratio
Nur Ink Innovations Semi-Annual Data
Quick Ratio
XTAE:NURI vs LIN, SHW, ECL: Quick Ratio Comparison
For the Specialty Chemicals subindustry, Nur Ink Innovations'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.
Nur Ink Innovations Quick Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nur Ink Innovations's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Nur Ink Innovations'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.
Nur Ink Innovations's Quick Ratio for the fiscal year 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.
Nur Ink Innovations (XTAE:NURI) 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 Nur Ink Innovations and its competitors. According to the industry distribution chart, Nur Ink Innovations ranks #999999 out of 1605 companies in the Chemicals industry.
Is Nur Ink Innovations' Quick Ratio too high?
Nur Ink Innovations' current Quick Ratio is 0.00. Based on the distribution chart, Nur Ink Innovations ranks #999999 out of 1605 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Nur Ink Innovations has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Nur Ink Innovations' Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nur Ink Innovations ranks #999999 out of 1605 companies for Quick Ratio. This places Nur Ink Innovations in the lower half of its industry. The industry median Quick Ratio is 1.38. 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 1.38, based on 1,605 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 Nur Ink Innovations and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nur Ink Innovations'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 Nur Ink Innovations stock overvalued right now?
Nur Ink Innovations (XTAE:NURI) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. Nur Ink Innovations' overall GF Score™ is 23/100 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 Nur Ink Innovations (XTAE:NURI), 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.
Nur Ink Innovations Ltd is engaged in the research and development of water-based inks for digital printers. Some of the products of the company are Direct-to-Garment (DTG), Direct-to-Textile (DTT), Roll-to-roll printing of indoor & outdoor advertising, and wallpapers.
23GF Score
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