Tigi (XTAE:TIGI) Quick Ratio: 0.00 (As of . 20)

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XTAE:TIGI Tigi Ltd XTAE:TIGI
18 GF Score
Price ₪2.64
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What is Tigi Quick Ratio?

Tigi XTAE:TIGI -9.30% 18 Quick Ratio is 0.00 as of . 20. GuruFocus rates XTAE:TIGI with a GF Score™ of 18/100. Among 1,033 Semiconductors companies, Tigi ranks worse than 96805.32% 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. Tigi's quick ratio for the quarter that ended in . 20 was 0.00.

Tigi 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 Tigi's Quick Ratio or its related term are showing as below:

XTAE:TIGI's Quick Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 1.79
* Ranked among companies with meaningful Quick Ratio only.

Tigi  (XTAE:TIGI) 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.


Tigi Quick Ratio Related Terms


Tigi Quick Ratio Historical Data

* Premium members only.

The historical data trend for Tigi'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.

Tigi Quick Ratio Chart

Tigi Annual Data
Trend
Quick Ratio

Tigi Semi-Annual Data
Quick Ratio

XTAE:TIGI vs FSLR, NXT, ENPH: Quick Ratio Comparison

For the Solar subindustry, Tigi'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.


Tigi Quick Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Tigi's Quick Ratio distribution charts can be found below:

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


XTAE:TIGI
18GF Score
Tigi Ltd XTAE:TIGI
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tigi 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.

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

Tigi'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?
Tigi (XTAE:TIGI) 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 Tigi and its competitors. According to the industry distribution chart, Tigi ranks #999999 out of 1033 companies in the Semiconductors industry.
Is Tigi's Quick Ratio too high?
Tigi's current Quick Ratio is 0.00. Based on the distribution chart, Tigi ranks #999999 out of 1033 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Tigi has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Tigi's Quick Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Tigi ranks #999999 out of 1033 companies for Quick Ratio. This places Tigi in the lower half of its industry. The industry median Quick Ratio is 1.79. 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 Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.79, based on 1,033 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 Tigi and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tigi'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 Tigi stock overvalued right now?
Tigi (XTAE:TIGI) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. Tigi's overall GF Score™ is 18/100. 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 Tigi (XTAE:TIGI), 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.

Tigi Business Description

Address 20 Atir Yeda, Kfar Saba, ISR
Tigi Ltd is engaged in the development of technological solutions for the absorption and storage of solar energy. Its Honeycomb Collector product is efficient and cost-effective in high-temperature differential applications like space heating, industrial process heat, domestic hot water in cold climates as well as space cooling.
18GF Score

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

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