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Nutrition Management Services Co (Nutrition Management Services Co) Quick Ratio : 1.32 (As of Sep. 2009)


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What is Nutrition Management Services Co 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. Nutrition Management Services Co's quick ratio for the quarter that ended in Sep. 2009 was 1.32.

Nutrition Management Services Co has a quick ratio of 1.32. It generally indicates good short-term financial strength.

The historical rank and industry rank for Nutrition Management Services Co's Quick Ratio or its related term are showing as below:

NMSCA's Quick Ratio is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 1.21
* Ranked among companies with meaningful Quick Ratio only.

Nutrition Management Services Co Quick Ratio Historical Data

The historical data trend for Nutrition Management Services 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.

* Premium members only.

Nutrition Management Services Co Quick Ratio Chart

Nutrition Management Services Co Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.15 0.50 1.29 1.37

Nutrition Management Services Co Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 1.25 1.25 1.26 1.37 1.32

Competitive Comparison of Nutrition Management Services Co's Quick Ratio

For the Medical Care Facilities subindustry, Nutrition Management Services 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.


Nutrition Management Services Co's Quick Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Nutrition Management Services Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Nutrition Management Services Co's Quick Ratio falls into.



Nutrition Management Services Co 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.

Nutrition Management Services Co's Quick Ratio for the fiscal year that ended in Jun. 2009 is calculated as

Quick Ratio (A: Jun. 2009 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(9.297-0.143)/6.687
=1.37

Nutrition Management Services Co's Quick Ratio for the quarter that ended in Sep. 2009 is calculated as

Quick Ratio (Q: Sep. 2009 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(9.981-0.165)/7.413
=1.32

* 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.


Nutrition Management Services Co  (OTCPK:NMSCA) 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.


Nutrition Management Services Co Quick Ratio Related Terms

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Nutrition Management Services Co (Nutrition Management Services Co) Business Description

Traded in Other Exchanges
N/A
Address
2071 Kimberton Road, Kimberton, PA, USA, 19442
Nutrition Management Services Co is a provider of food and facilities management services to the healthcare and retirement community industry such as Nursing Care Centers, Senior Living Communities, Acute Care Hospitals and Rehabilitation Centers and Private Education Sector.

Nutrition Management Services Co (Nutrition Management Services Co) Headlines

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