Media Pal Holdings (Media Pal Holdings) Quick Ratio : 0.11 (As of Jan. 2001)

Media Pal Holdings Quick Ratio Chart

Media Pal Holdings Annual Data
	Trend	Apr91	Apr92	Apr93	Apr94	Apr95	Apr96	Apr97	Apr98	Apr99	Apr00
Quick Ratio		Get a 7-Day Free Trial					0.33	0.25	0.53	0.40	0.12

Media Pal Holdings Quarterly Data
	Oct95	Jan96	Apr96	Jul96	Oct96	Jan97	Apr97	Jul97	Oct97	Jan98	Apr98	Jul98	Oct98	Jul99	Oct99	Jan00	Apr00	Jul00	Oct00	Jan01
Quick Ratio	Get a 7-Day Free Trial															0.44	0.12	0.13	0.12	0.11

Competitive Comparison of Media Pal Holdings's Quick Ratio

For the Waste Management subindustry, Media Pal Holdings'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.

Media Pal Holdings's Quick Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Media Pal Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Media Pal Holdings's Quick Ratio falls into.

Media Pal Holdings 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.

Media Pal Holdings's Quick Ratio for the fiscal year that ended in Apr. 2000 is calculated as

Media Pal Holdings's Quick Ratio for the quarter that ended in Jan. 2001 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.

Media Pal Holdings  (OTCPK:MPHD) 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.

Media Pal Holdings Quick Ratio Related Terms

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Media Pal Holdings (Media Pal Holdings) Business Description