Pferdewetten de AG (XTER:EMH1) Quick Ratio: 0.00 (As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTER:EMH1 Pferdewetten de AG XTER:EMH1
65 GF Score
Price €2.38
GF Value €34.91
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Pferdewetten de AG Quick Ratio?

Pferdewetten de AG XTER:EMH1 -2.46% 65 Quick Ratio is 0.00 as of Sep. 2025. GuruFocus rates XTER:EMH1 with a GF Score™ of 65/100 and a GF Value™ of €34.91 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 856 Travel & Leisure companies, Pferdewetten de AG ranks worse than 66% 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. Pferdewetten de AG's quick ratio for the quarter that ended in Sep. 2025 was 0.00.

Pferdewetten de AG 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 Pferdewetten de AG's Quick Ratio or its related term are showing as below:

XTER:EMH1' s Quick Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.74   Max: 3.15
Current: 0.8

During the past 13 years, Pferdewetten de AG's highest Quick Ratio was 3.15. The lowest was 0.47. And the median was 1.74.

XTER:EMH1's Quick Ratio is ranked worse than
66% of 856 companies
in the Travel & Leisure industry
Industry Median: 1.145 vs XTER:EMH1: 0.80

Pferdewetten de AG  (XTER:EMH1) 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.


Pferdewetten de AG Quick Ratio Related Terms


Pferdewetten de AG Quick Ratio Historical Data

* Premium members only.

The historical data trend for Pferdewetten de AG'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.

Pferdewetten de AG Quick Ratio Chart

Pferdewetten de AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.84 1.44 1.01 0.80 0.47

Pferdewetten de AG Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25
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 0.93 0.00 0.47 0.80 0.00

XTER:EMH1 vs FLUT, DKNG, SGHC: Quick Ratio Comparison

For the Gambling subindustry, Pferdewetten de AG'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.


Pferdewetten de AG Quick Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pferdewetten de AG's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Pferdewetten de AG's Quick Ratio falls into.


XTER:EMH1
65GF Score
Pferdewetten de AG XTER:EMH1
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pferdewetten de AG 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.

Pferdewetten de AG's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(17.344-0.077)/36.68
=0.47

Pferdewetten de AG's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/0
=

* 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?
Pferdewetten de AG (XTER:EMH1) has a Quick Ratio of 0.00 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Pferdewetten de AG and its competitors. Over the past decade, Pferdewetten de AG's Quick Ratio has ranged from 0.47 to 3.15. According to the industry distribution chart, Pferdewetten de AG ranks #565 out of 856 companies in the Travel & Leisure industry, placing it in the top 66%.
Is Pferdewetten de AG's Quick Ratio too high?
Pferdewetten de AG's current Quick Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 3.15. Based on the distribution chart, Pferdewetten de AG ranks #565 out of 856 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Pferdewetten de AG has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pferdewetten de AG's Quick Ratio compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Pferdewetten de AG ranks #565 out of 856 companies for Quick Ratio. This places Pferdewetten de AG in the lower half of its industry. The industry median Quick Ratio is 1.15. Historically, Pferdewetten de AG's own Quick Ratio has ranged from 0.47 to 3.15 over the past decade. 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 Travel & Leisure company?
The median Quick Ratio among Travel & Leisure companies is 1.15, based on 856 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 Pferdewetten de AG and its competitors. For the Travel & Leisure industry, the median Quick Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pferdewetten de AG'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 Pferdewetten de AG stock overvalued right now?
Based on GuruFocus' analysis, Pferdewetten de AG (XTER:EMH1) is currently considered Possible Value Trap. The stock's GF Value™ is €34.91, compared to a current price of €2.38 — trading 93.2% below its estimated fair value. The current Quick Ratio is 0.00. Pferdewetten de AG's overall GF Score™ is 65/100 with 5 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 Pferdewetten de AG (XTER:EMH1), the current Quick Ratio is 0.00 as of Sep. 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 Pferdewetten de AG (XTER:EMH1) Overvalued in 2026?

Based on GuruFocus' analysis, Pferdewetten de AG stock appears to be undervalued. The current stock price of €2.38 is trading 93.2% below its estimated GF Value™ of €34.91. GuruFocus considers Pferdewetten de AG to be Possible Value Trap.

Key valuation signals for XTER:EMH1:

  • Quick Ratio: 0.00
  • GF Value™: €34.91 vs. price of €2.38 (93.2% below fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the XTER:EMH1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pferdewetten de AG Business Description

Other Exchanges EMH:GermanyEMH:Germany
Address Schlossstrasse 38, Hamburg, DEU
Pferdewetten de AG is involved in arranging and placing bets for horse racing and other sports events. It engages in the online and offline horse betting business in Germany. Its horse betting services range from betting on German galloping and trotting to English, French, and other international horse races. The company also provides online horse betting services through its Internet platform pferdewetten.de. In addition, it offers consultancy and training services for the implementation and processing of sports and horse betting.
65GF Score

Get the complete analysis for XTER:EMH1

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

€2.38
Price
€34.91
GF Value