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Cardtronics (Cardtronics) Quick Ratio : 1.00 (As of Mar. 2021)


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What is Cardtronics 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. Cardtronics's quick ratio for the quarter that ended in Mar. 2021 was 1.00.

Cardtronics has a quick ratio of 1.00. It generally indicates good short-term financial strength.

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

CATM' s Quick Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.73   Max: 1.42
Current: 1

During the past 13 years, Cardtronics's highest Quick Ratio was 1.42. The lowest was 0.43. And the median was 0.73.

CATM's Quick Ratio is not ranked
in the Industrial Products industry.
Industry Median: 1.38 vs CATM: 1.00

Cardtronics Quick Ratio Historical Data

The historical data trend for Cardtronics'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.

Cardtronics Quick Ratio Chart

Cardtronics Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.79 0.83 0.69 0.96

Cardtronics Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 1.28 0.88 0.93 0.96 1.00

Competitive Comparison of Cardtronics's Quick Ratio

For the Business Equipment & Supplies subindustry, Cardtronics'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.


Cardtronics's Quick Ratio Distribution in the Industrial Products Industry

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

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



Cardtronics 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.

Cardtronics's Quick Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Quick Ratio (A: Dec. 2020 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(462.013-6.598)/475.985
=0.96

Cardtronics's Quick Ratio for the quarter that ended in Mar. 2021 is calculated as

Quick Ratio (Q: Mar. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(483.54-6.21)/475.812
=1.00

* 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.


Cardtronics  (NAS:CATM) 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.


Cardtronics Quick Ratio Related Terms

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Cardtronics (Cardtronics) Business Description

Traded in Other Exchanges
N/A
Address
2050 West Sam Houston Parkway South, Suite 1300, Houston, TX, USA, 77042
Cardtronics PLC is a U.S.-based company that provides automated consumer financial services through its network of automated teller machines and financial services kiosks. Products and services provided by the company include ATM and kiosk monitoring and maintenance, cash management, customer service, transaction processing, and settlement services. The company primarily generates revenue from fees charged to cardholders, as well as cardholders' financial institutions, for using the company's devices. The company also earns revenue from other services, such as foreign exchange transaction, advertising, and other transaction-based fees.
Executives
Edward H West director, officer: Chief Executive Officer 3250 BRIARPARK DR, SUITE 400, HOUSTON TX 77042
Rahul Gupta director 255 FISERV DRIVE, BROOKFIELD WI 53045
Paul Wilmore officer: Chief Marketing Officer 2050 W. SAM HOUSTON PKWY. S. SUITE 1300 HOUSTON TX 77042
Paul A Gullo officer: Chief Accounting Officer C/O CARDTRONICS PLC 3250 BRIARPARK DRIVE SUITE 400 HOUSTON TX 77042
Stuart Mackinnon officer: Chief Information Officer 3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Marc Terry officer: Managing Director of EMEA 3250 BRIARPARK SUITE 400 HOUSTON TX 77042
Dan Antilley officer: EVP Operations & CISO 3250 BRIARPARK, SUITE 400 HOUSTON TX 77042
Geri House officer: Chief Human Resources Officer C/O CARDTRONICS PLC, 3250 BRIARPARK DR. SUITE 400 HOUSTON TX 77042
Aimie Marie Killeen officer: EVP Gen Counsel & Secretary 3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Hudson Executive Capital Lp director, 10 percent owner C/O CADWALADER, WICKERSHAM & TAFT, LLP, 200 LIBERTY STREET, NEW YORK NY 10281
Douglas L Braunstein director, 10 percent owner HUDSON EXECUTIVE CAPITAL LP, 570 LEXINGTON AVENUE, 35TH FLOOR, NEW YORK NY 10022
Hec Management Gp Llc director, 10 percent owner 1185 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10036
Gary W Ferrera officer: Chief Financial Officer 3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Julie Winger Gardner director 3250 BRIARPARK DRIVE SUITE 400 HOUSTON TX 77042
Warren Jenson director 30 FREDRICK AVE, ATHERTON CA 94027