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Command Security (Command Security) Quick Ratio : 1.51 (As of Dec. 2018)


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What is Command Security 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. Command Security's quick ratio for the quarter that ended in Dec. 2018 was 1.51.

Command Security has a quick ratio of 1.51. It generally indicates good short-term financial strength.

The historical rank and industry rank for Command Security's Quick Ratio or its related term are showing as below:

MOC's Quick Ratio is not ranked *
in the Business Services industry.
Industry Median: 1.54
* Ranked among companies with meaningful Quick Ratio only.

Command Security Quick Ratio Historical Data

The historical data trend for Command Security'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.

Command Security Quick Ratio Chart

Command Security Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.89 1.64 1.41 1.33

Command Security Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 1.33 1.33 1.42 1.54 1.51

Competitive Comparison of Command Security's Quick Ratio

For the Security & Protection Services subindustry, Command Security'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.


Command Security's Quick Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Command Security's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Command Security's Quick Ratio falls into.



Command Security 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.

Command Security's Quick Ratio for the fiscal year that ended in Mar. 2018 is calculated as

Quick Ratio (A: Mar. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(43.298-0)/32.509
=1.33

Command Security's Quick Ratio for the quarter that ended in Dec. 2018 is calculated as

Quick Ratio (Q: Dec. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(34.844-0)/23.098
=1.51

* 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.


Command Security  (AMEX:MOC) 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.


Command Security Quick Ratio Related Terms

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Command Security (Command Security) Business Description

Traded in Other Exchanges
N/A
Address
Command Security Corp is the provider of full-solution security services. The company provides uniformed security officers and aviation services to commercial, education, financial, healthcare, hospitality, residential, industrial, aviation and governmental customers throughout the United States. In addition, it offers various services including recruiting, hiring, training and supervising all operating personnel as well as paying and providing them with uniforms, fringe benefits, and workers compensation insurance.
Executives
James P Heffernan director 1012 BAY STREET, DELRAY BEACH FL 33483
Jerry Lavell Johnson director 512 HERNDON PARKWAY, SUITE A, HERNDON VA 20170
David E Smith 10 percent owner 888 LINDA FLORA DRIVE, LOS ANGELES CA 90049
Trinad Capital Master Fund Ltd. 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Robert S Ellin 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Trinad Capital L.p. 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Trinad Management, Llc 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES DE 90010
Trinad Advisors Ii, Llc 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Barry Regenstein director, officer: President and CFO C/O COMMAND SECURITY CORP., RTE 55 LEXINGTON PARK P.O. BOX 340, LAGRANGEVILLE NY 12540
Jay Wolf 10 percent owner 981 LINDA FLORA DRIVE, LOS ANGELES, CA 90049
Bruce Galloway director C/O GALLOWAY CAPITAL MANAGEMENT LLC, 720 FIFTH AVENUE 10TH FLOOR, NEW YORK NY 10019
Wade Martin R Iii director 100 ROWLAND WAY, SUITE 300, NOVATO CA 94945