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ATB Austria Antriebstechnik AG (WBO:ATB) Quick Ratio : 1.28 (As of Sep. 2015)


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What is ATB Austria Antriebstechnik AG 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. ATB Austria Antriebstechnik AG's quick ratio for the quarter that ended in Sep. 2015 was 1.28.

ATB Austria Antriebstechnik AG has a quick ratio of 1.28. It generally indicates good short-term financial strength.

The historical rank and industry rank for ATB Austria Antriebstechnik AG's Quick Ratio or its related term are showing as below:

WBO:ATB' s Quick Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.23   Max: 1.61
Current: 1.28

During the past 12 years, ATB Austria Antriebstechnik AG's highest Quick Ratio was 1.61. The lowest was 0.77. And the median was 1.23.

WBO:ATB's Quick Ratio is not ranked
in the Industrial Products industry.
Industry Median: 1.4 vs WBO:ATB: 1.28

ATB Austria Antriebstechnik AG Quick Ratio Historical Data

The historical data trend for ATB Austria Antriebstechnik AG'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.

ATB Austria Antriebstechnik AG Quick Ratio Chart

ATB Austria Antriebstechnik AG Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.87 1.07 1.12 1.61

ATB Austria Antriebstechnik AG Quarterly Data
Dec06 Dec07 Dec08 Jun09 Dec09 Mar10 Jun10 Dec10 Mar11 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Sep14 Dec14 Jun15 Sep15
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 1.23 - 1.61 1.37 1.28

Competitive Comparison of ATB Austria Antriebstechnik AG's Quick Ratio

For the Specialty Industrial Machinery subindustry, ATB Austria Antriebstechnik AG'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.


ATB Austria Antriebstechnik AG's Quick Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ATB Austria Antriebstechnik AG's Quick Ratio distribution charts can be found below:

* The bar in red indicates where ATB Austria Antriebstechnik AG's Quick Ratio falls into.



ATB Austria Antriebstechnik AG 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.

ATB Austria Antriebstechnik AG'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
=(195.371-53.56)/88.076
=1.61

ATB Austria Antriebstechnik AG's Quick Ratio for the quarter that ended in Sep. 2015 is calculated as

Quick Ratio (Q: Sep. 2015 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(195.045-60.645)/104.743
=1.28

* 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.


ATB Austria Antriebstechnik AG  (WBO:ATB) 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.


ATB Austria Antriebstechnik AG Quick Ratio Related Terms

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ATB Austria Antriebstechnik AG (WBO:ATB) Business Description

Traded in Other Exchanges
N/A
Address
ATB Austria Antriebstechnik AG develops, manufactures and markets electric motors. The Company's motors have an output between .02 and 250 kW and are used for industrial applications, heating systems, gardening implements and domestic appliances.

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