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.
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.
Hwange Colliery Co has a quick ratio of 1.33. It generally indicates good short-term financial strength.
The historical rank and industry rank for Hwange Colliery Co's Quick Ratio or its related term are showing as below:
XZIM:HCCL.ZW's Quick Ratio is not ranked *
in the Other Energy Sources industry.
Industry Median: 1.66 * Ranked among companies with meaningful Quick Ratio only.
Hwange Colliery Co (XZIM:HCCL.ZW) 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.
Hwange Colliery Co Quick Ratio Related Terms
Hwange Colliery Co Quick Ratio Historical Data
* Premium members only.
The historical data trend for Hwange Colliery Co'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.
Hwange Colliery Co Quick Ratio Competitor Comparison
For the Thermal Coal subindustry, Hwange Colliery Co'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.
Hwange Colliery Co Quick Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Hwange Colliery Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Hwange Colliery Co'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.
Hwange Colliery Co's Quick Ratio for the fiscal year that ended in Dec. 2022 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.
Hwange Colliery Co (XZIM:HCCL.ZW) has a Quick Ratio of 1.33 as of Dec. 2022. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hwange Colliery Co and its competitors.
Is Hwange Colliery Co's Quick Ratio too high?
Hwange Colliery Co's current Quick Ratio is 1.33. The Other Energy Sources industry median Quick Ratio is 1.66. Hwange Colliery Co's value of 1.33 is 19.9% below this industry median.
How does Hwange Colliery Co's Quick Ratio compare to competitors?
Hwange Colliery Co's Quick Ratio of 1.33 can be compared against companies in the Other Energy Sources industry. The industry median Quick Ratio is 1.66. Hwange Colliery Co's value of 1.33 is 19.9% below this benchmark. 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 an Other Energy Sources company?
The median Quick Ratio among Other Energy Sources companies is 1.66, based on 187 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. Hwange Colliery Co's current Quick Ratio of 1.33 is 19.9% 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 Hwange Colliery Co and its competitors. For the Other Energy Sources industry, the median Quick Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwange Colliery Co's current Quick Ratio is 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwange Colliery Co stock overvalued right now?
Hwange Colliery Co (XZIM:HCCL.ZW) has a current Quick Ratio of 1.33. The current Quick Ratio is 1.33 and 19.9% below the Other Energy Sources industry median of 1.66. 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 Hwange Colliery Co (XZIM:HCCL.ZW), the current Quick Ratio is 1.33 as of Dec. 2022. 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.
Hwange Colliery Co Ltd is engaged in the extraction, processing, and distribution of coal and coal products, and the provision of health services and various retail goods and services. Its activities are categorised into the following three segments: Mining - the extraction, processing, and distribution of coal and coal products; Medical services - provide healthcare to staff members and the surrounding community; Estates - the division provides properties for rental and sells retail goods and services. The group generates the majority of its revenue from the Mining segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XZIM:HCCL.ZW has been successfully added to your 
