Champion Industries (Champion Industries) Quick Ratio : 0.52 (As of Apr. 2016)

Champion Industries Quick Ratio Chart

Champion Industries Annual Data
	Trend	Oct06	Oct07	Oct08	Oct09	Oct10	Oct11	Oct12	Oct13	Oct14	Oct15
Quick Ratio		Get a 7-Day Free Trial					0.36	0.59	1.07	0.52	0.85

Champion Industries Quarterly Data
	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16
Quick Ratio	Get a 7-Day Free Trial															0.87	0.83	0.85	0.84	0.52

Competitive Comparison of Champion Industries's Quick Ratio

For the Business Equipment & Supplies subindustry, Champion Industries'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.

Champion Industries's Quick Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Champion Industries's Quick Ratio distribution charts can be found below:

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

Champion Industries 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.

Champion Industries's Quick Ratio for the fiscal year that ended in Oct. 2015 is calculated as

Champion Industries's Quick Ratio for the quarter that ended in Apr. 2016 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.

Champion Industries  (OTCPK:CHMP) 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.

Champion Industries Quick Ratio Related Terms

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Champion Industries (Champion Industries) Business Description