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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. Silicon Graphics International's quick ratio for the quarter that ended in Jun. 2016 was 1.24.
Silicon Graphics International has a quick ratio of 1.24. It generally indicates good short-term financial strength.
The historical rank and industry rank for Silicon Graphics International's Quick Ratio or its related term are showing as below:
The historical data trend for Silicon Graphics International'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.
Silicon Graphics International Annual Data | |||||||||||||||||||||
Trend | Dec06 | Dec07 | Dec08 | Jun10 | Jun11 | Jun12 | Jun13 | Jun14 | Jun15 | Jun16 | |||||||||||
Quick Ratio | Get a 7-Day Free Trial | 0.96 | 1.34 | 1.05 | 1.09 | 1.24 |
Silicon Graphics International Quarterly Data | ||||||||||||||||||||
Sep11 | Dec11 | Mar12 | Jun12 | Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | |
Quick Ratio | Get a 7-Day Free Trial | 1.09 | 0.99 | 1.16 | 1.26 | 1.24 |
For the Computer Hardware subindustry, Silicon Graphics International'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.
For the Hardware industry and Technology sector, Silicon Graphics International's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Silicon Graphics International's Quick Ratio falls into.
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.
Silicon Graphics International's Quick Ratio for the fiscal year that ended in Jun. 2016 is calculated as
Quick Ratio (A: Jun. 2016 ) | = | (Total Current Assets | - | Total Inventories) | / | Total Current Liabilities |
= | (263.951 | - | 55.911) | / | 167.383 | |
= | 1.24 |
Silicon Graphics International's Quick Ratio for the quarter that ended in Jun. 2016 is calculated as
Quick Ratio (Q: Jun. 2016 ) | = | (Total Current Assets | - | Total Inventories) | / | Total Current Liabilities |
= | (263.951 | - | 55.911) | / | 167.383 | |
= | 1.24 |
* 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.
Silicon Graphics International (NAS:SGI) 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.
Thank you for viewing the detailed overview of Silicon Graphics International's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Jorge Titinger | director, officer: President & CEO | 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551 |
Kirsten O. Wolberg | director | 900 NORTH MCCARTHY BLVD, MILPITAS CA 95035 |
Nina Richardson | director | C/O SILICON LABORATORIES, 400 W CESAR CHAVEZ, AUSTIN TX 78701 |
Douglas R King | director | 465 EL CENTRO ROAD, HILLSBOROUGH CA 94010 |
Ron Verdoorn | director | C/O MARVELL SEMICONDUCTOR INC 700 FIRST AVE SUNNYVALE CA 94089 |
Charles Boesenberg | director | 4140 DUBLIN BLVD SUITE 400 DUBLIN CA 94568 |
Hagi Schwartz | director | C/O MIMECAST LIMITED, MIMECAST NA, INC., 191 SPRING STREET, LEXINGTON MA 02421 |
Jennifer Pileggi | officer: SVP, General Counsel/Corp Sec | CNF INC., 2855 CAMPUS DRIVE, SAN MATEO CA 94403 |
Anthony Carrozza | officer: EVP, Worldwide Sales | |
James D Wheat | officer: SVP & Chief Financial Officer | C/O SILICON GRAPHICS INTERNATIONAL CORP 46600 LANDING PARKWAY FREMONT CA 94538 |
Mark J Barrenechea | director, officer: President & CEO | C/O SILICON GRAPHICS INTERNATIONAL CORP, 46600 LANDING PARKWAY, FREMONT CA 94538 |
Madhu Ranganathan | officer: Chief Financial Officer | 760 MARKET STREET, 4TH FLOOR, SAN FRANCISCO CA 94102 |
Todd R Ford | officer: Executive Vice President | 3457 BRYANT STREET, PALO ALTO CA 94306 |
Parthenon Investors Ii. L.p. | 10 percent owner | C/O PARTHENON CAPITAL PARTNERS, 400 EMBARCADERO CENTER, SAN FRANCISCO CA 94111 |
Pcap Partners Ii, Llc | 10 percent owner | C/O PARTHENON CAPITAL PARTNERS, FOUR EMBARCADERO CENTER, SAN FRANCISCO CA 94111 |
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