GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » CST Brands Inc (NYSE:CST) » Definitions » Quick Ratio

CST Brands (CST Brands) Quick Ratio : 0.73 (As of Mar. 2017)


View and export this data going back to 2013. Start your Free Trial

What is CST Brands 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. CST Brands's quick ratio for the quarter that ended in Mar. 2017 was 0.73.

CST Brands has a quick ratio of 0.73. It indicates that the company cannot currently fully pay back its current liabilities.

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

CST's Quick Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.865
* Ranked among companies with meaningful Quick Ratio only.

CST Brands Quick Ratio Historical Data

The historical data trend for CST Brands'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.

CST Brands Quick Ratio Chart

CST Brands Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Quick Ratio
Get a 7-Day Free Trial 0.91 1.19 1.03 0.80 0.61

CST Brands Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.62 0.48 0.56 0.61 0.73

Competitive Comparison of CST Brands's Quick Ratio

For the Specialty Retail subindustry, CST Brands'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.


CST Brands's Quick Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, CST Brands's Quick Ratio distribution charts can be found below:

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



CST Brands 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.

CST Brands's Quick Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Quick Ratio (A: Dec. 2016 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(627-250)/615
=0.61

CST Brands's Quick Ratio for the quarter that ended in Mar. 2017 is calculated as

Quick Ratio (Q: Mar. 2017 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(642-235)/561
=0.73

* 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.


CST Brands  (NYSE:CST) 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.


CST Brands Quick Ratio Related Terms

Thank you for viewing the detailed overview of CST Brands's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CST Brands (CST Brands) Business Description

Traded in Other Exchanges
N/A
Address
CST Brands Inc is a holding company. It is an independent retailer of motor fuel and convenience merchandise in the United States and eastern Canada. Its retail operations include the sale of motor fuel at retail sites, commission sites and cardlocks, the sale of food, convenience merchandise items and services at retail sites, and the sale of heating oil to residential customers and heating oil and motor fuel to small commercial customers in Canada. The company has three operating segments, U.S. Retail, Canadian Retail and CrossAmerica.
Executives
David Hrinak officer: Vice President Operations 23 KNOLL ROAD, COATESVILLE PA 19320
Clayton E Killinger officer: Executive VP and CFO 1811 AKSARBEN DRIVE, OMAHA NE 68106
Joseph E Reece director ONE VALERO WAY, BUILDING D, SUITE 200, SAN ANTONIO TX 78249
Steven Stellato officer: VP and Controller 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Alex Miller director 1130 WEST WARNER, TEMPE AZ 85284
Evan Walker Smith officer: Vice President and CFO 3426 HUNTERS CIRCLE, SAN ANTONIO TX 78320
Michael H Wargotz director AXCESS WORLDWIDE, 515 MADISON AVE., 15TH FLOOR, NEW YORK NY 10022
Thomas W Dickson director 301 S TRYON STREET, SUITE 1800, CHARLOTTE NC 28282
Gerard J Sonnier officer: SVP, GC and Secretary 2800 POST OAK BLVD., STE. 2600, HOUSTON TX 77056
Jean Bernier director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Kimberly S Lubel director, officer: President and CEO P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Ruben M Escobedo director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Donna M Boles director 17 MILLSTONE COURT, MORRISTOWN NJ 07960
Rocky Dewbre director 46 FLORHAM PARK DR., SPRING TX 77379
Topper Joseph V. Jr. director 702 WEST HAMILTON STREET, SUITE 203, ALLENTOWN PA 18101

CST Brands (CST Brands) Headlines

From GuruFocus

Gabelli Asset Management Comments on CST Brands

By Holly LaFon 05-13-2014

Gabelli Asset Management Comments on CST Brands

By Holly LaFon 05-13-2014

Third Avenue Management Comments on CST Brands

By Holly LaFon Holly LaFon 09-12-2013

Mario Gabelli Comments on CST Brands Inc.

By Holly LaFon 02-19-2014

CST Brands – Value in the Corner

By MritikCapital MritikCapital 05-15-2013