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Foncière des 6ème et 7ème Arrondissements de Pa (LTS:0GRJ) Quick Ratio : 0.25 (As of Dec. 2014)


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What is Foncière des 6ème et 7ème Arrondissements de Pa 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. Foncière des 6ème et 7ème Arrondissements de Pa's quick ratio for the quarter that ended in Dec. 2014 was 0.25.

Foncière des 6ème et 7ème Arrondissements de Pa has a quick ratio of 0.25. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Foncière des 6ème et 7ème Arrondissements de Pa's Quick Ratio or its related term are showing as below:

LTS:0GRJ' s Quick Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.38   Max: 0.71
Current: 0.25

During the past 7 years, Foncière des 6ème et 7ème Arrondissements de Pa's highest Quick Ratio was 0.71. The lowest was 0.15. And the median was 0.38.

LTS:0GRJ's Quick Ratio is not ranked
in the REITs industry.
Industry Median: 0.94 vs LTS:0GRJ: 0.25

Foncière des 6ème et 7ème Arrondissements de Pa Quick Ratio Historical Data

The historical data trend for Foncière des 6ème et 7ème Arrondissements de Pa'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.

Foncière des 6ème et 7ème Arrondissements de Pa Quick Ratio Chart

Foncière des 6ème et 7ème Arrondissements de Pa Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Quick Ratio
Get a 7-Day Free Trial 0.15 0.71 0.60 0.54 0.25

Foncière des 6ème et 7ème Arrondissements de Pa Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.36 0.54 0.26 0.25

Competitive Comparison of Foncière des 6ème et 7ème Arrondissements de Pa's Quick Ratio

For the REIT - Office subindustry, Foncière des 6ème et 7ème Arrondissements de Pa'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.


Foncière des 6ème et 7ème Arrondissements de Pa's Quick Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Foncière des 6ème et 7ème Arrondissements de Pa's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Foncière des 6ème et 7ème Arrondissements de Pa's Quick Ratio falls into.



Foncière des 6ème et 7ème Arrondissements de Pa 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.

Foncière des 6ème et 7ème Arrondissements de Pa's Quick Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Quick Ratio (A: Dec. 2014 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(20.089-0.058)/79.556
=0.25

Foncière des 6ème et 7ème Arrondissements de Pa's Quick Ratio for the quarter that ended in Dec. 2014 is calculated as

Quick Ratio (Q: Dec. 2014 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(20.089-0.058)/79.556
=0.25

* 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.


Foncière des 6ème et 7ème Arrondissements de Pa  (LTS:0GRJ) 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.


Foncière des 6ème et 7ème Arrondissements de Pa Quick Ratio Related Terms

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Foncière des 6ème et 7ème Arrondissements de Pa (LTS:0GRJ) Business Description

Traded in Other Exchanges
N/A
Address
Foncière des 6ème et 7ème Arrondissements de Paris is a real estate company. It is engaged in holding and managing of real estate assets located in the principal districts of Paris' Left Bank.

Foncière des 6ème et 7ème Arrondissements de Pa (LTS:0GRJ) Headlines

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