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Croatia Airlines DDZAG:CRAL 45 Quick Ratio is 0.76 as of Jun. 2026, which is 4% below its 10-year median of 0.79. GuruFocus rates ZAG:CRAL with a GF Score™ of 45/100 and a GF Value™ of €4.31 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,009 Transportation companies, Croatia Airlines DD ranks worse than 79.29% on this metric.
Croatia Airlines DD (ZAG:CRAL) 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.
Croatia Airlines DD Quick Ratio Related Terms
Croatia Airlines DD Quick Ratio Historical Data
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The historical data trend for Croatia Airlines DD'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.
For the Airlines subindustry, Croatia Airlines DD'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.
Croatia Airlines DD Quick Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Croatia Airlines DD's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Croatia Airlines DD'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.
Croatia Airlines DD's Quick Ratio for the fiscal year that ended in Dec. 2025 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.
Croatia Airlines DD (ZAG:CRAL) has a Quick Ratio of 0.76 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Croatia Airlines DD and its competitors. This is near median its historical median of 0.79. Over the past decade, Croatia Airlines DD's Quick Ratio has ranged from 0.25 to 1.87. According to the industry distribution chart, Croatia Airlines DD ranks #800 out of 1009 companies in the Transportation industry, placing it in the top 79.3%.
Is Croatia Airlines DD's Quick Ratio too high?
Croatia Airlines DD's current Quick Ratio of 0.76 is near median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.87. The Transportation industry median Quick Ratio is 1.34. Croatia Airlines DD's value of 0.76 is 43.3% below this industry median. Based on the distribution chart, Croatia Airlines DD ranks #800 out of 1009 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Croatia Airlines DD has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Croatia Airlines DD's Quick Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Croatia Airlines DD ranks #800 out of 1009 companies for Quick Ratio. This places Croatia Airlines DD in the lower half of its industry. The industry median Quick Ratio is 1.34. Croatia Airlines DD's value of 0.76 is 43.3% below this benchmark. Historically, Croatia Airlines DD's own Quick Ratio has ranged from 0.25 to 1.87 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.34, Croatia Airlines DD has consistently been below 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 Transportation company?
The median Quick Ratio among Transportation companies is 1.34, based on 1,009 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. Croatia Airlines DD's current Quick Ratio of 0.76 is 43.3% 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 Croatia Airlines DD and its competitors. For the Transportation industry, the median Quick Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Croatia Airlines DD's current Quick Ratio is 0.76, which is near median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Croatia Airlines DD stock overvalued right now?
Based on GuruFocus' analysis, Croatia Airlines DD (ZAG:CRAL) is currently considered Possible Value Trap. The stock's GF Value™ is €4.31, compared to a current price of €2.50 — trading 42% below its estimated fair value. The current Quick Ratio is 0.76, which is near median its 10-year median of 0.79 and 43.3% below the Transportation industry median of 1.34. Croatia Airlines DD's overall GF Score™ is 45/100 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 Croatia Airlines DD (ZAG:CRAL), the current Quick Ratio is 0.76 as of Jun. 2026. 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 Croatia Airlines DD (ZAG:CRAL) Overvalued in 2026?
Based on GuruFocus' analysis, Croatia Airlines DD stock appears to be undervalued.
The current stock price of €2.50 is trading 42% below its estimated GF Value™ of €4.31.
GuruFocus considers Croatia Airlines DD to be Possible Value Trap.
Key valuation signals for ZAG:CRAL:
Quick Ratio: 0.76 (near median its 10-year median of 0.79)
GF Value™: €4.31 vs. price of €2.50 (42% below fair value)
Industry Position: 43.3% below the Transportation median (#800 of 1009)
No single metric tells the full story. See the ZAG:CRAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Croatia Airlines DD is an airline transportation service provider in Croatia. Its operations consist of light and cabin operations, traffic training center, operations center, operations engineering, crew plan, ground operations, traffic administrative support, and traffic quality and operations safety management. The company offers both scheduled services as well as charter services, and the scheduled services earn majority revenues. Geographically, it has a presence in Croatia, Germany, USA, France, Great Britain, and Other countries.
45GF Score
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