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AIFU (AIFU) Quick Ratio : 2.50 (As of Dec. 2024)


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What is AIFU Quick Ratio?

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. AIFU's quick ratio for the quarter that ended in Dec. 2024 was 2.50.

AIFU has a quick ratio of 2.50. It generally indicates good short-term financial strength.

The historical rank and industry rank for AIFU's Quick Ratio or its related term are showing as below:

AIFU' s Quick Ratio Range Over the Past 10 Years
Min: 2.32   Med: 2.67   Max: 7.19
Current: 2.5

During the past 13 years, AIFU's highest Quick Ratio was 7.19. The lowest was 2.32. And the median was 2.67.

AIFU's Quick Ratio is ranked better than
68.75% of 64 companies
in the Insurance industry
Industry Median: 1.745 vs AIFU: 2.50

AIFU Quick Ratio Historical Data

The historical data trend for AIFU'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.

* Premium members only.

AIFU Quick Ratio Chart

AIFU 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 2.49 2.49 2.41 2.32 2.50

AIFU Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Dec24
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 2.07 2.44 2.32 2.59 2.50

Competitive Comparison of AIFU's Quick Ratio

For the Insurance Brokers subindustry, AIFU'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.


AIFU's Quick Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, AIFU's Quick Ratio distribution charts can be found below:

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


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AIFU 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.

AIFU'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
=(280.151-0)/112.197
=2.50

AIFU's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(280.151-0)/112.197
=2.50

* 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.


AIFU  (NAS:AIFU) 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.


AIFU Quick Ratio Related Terms

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AIFU Business Description

Traded in Other Exchanges
Address
No.15 West Zhujiang Road, 27th Floor, Pearl River Tower, Tianhe District, Guangzhou, CHN, 510623
AIFU Inc is an independent financial services provider in China. It offer end-to-end business solutions spanning compliance, technology, products, services, capital flow and professional training. It connects customers with insurance protection, retirement planning, health management, asset management, and family governance services. The company operated in two segments: the insurance agency segment, which derives maximum revenue, consists of providing agency services for distributing life insurance products and non-life insurance products on behalf of insurance companies, and the claims adjusting segment consisting of providing pre-underwriting survey services, claims adjusting services, disposal of residual value services, loading/unloading supervision services and consulting services.