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Quantum Capital (Quantum Capital) Current Ratio : 1.12 (As of Sep. 2011)


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What is Quantum Capital Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Quantum Capital's current ratio for the quarter that ended in Sep. 2011 was 1.12.

Quantum Capital has a current ratio of 1.12. It generally indicates good short-term financial strength.

The historical rank and industry rank for Quantum Capital's Current Ratio or its related term are showing as below:

QTCI's Current Ratio is not ranked *
in the Credit Services industry.
Industry Median: 4.195
* Ranked among companies with meaningful Current Ratio only.

Quantum Capital Current Ratio Historical Data

The historical data trend for Quantum Capital's Current 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.

Quantum Capital Current Ratio Chart

Quantum Capital Annual Data
Trend Jun10
Current Ratio
0.05

Quantum Capital Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
Current Ratio Get a 7-Day Free Trial Premium Member Only - - 0.11 2.22 1.12

Competitive Comparison of Quantum Capital's Current Ratio

For the Credit Services subindustry, Quantum Capital's Current Ratio, along with its competitors' market caps and Current 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.


Quantum Capital's Current Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Quantum Capital's Current Ratio distribution charts can be found below:

* The bar in red indicates where Quantum Capital's Current Ratio falls into.



Quantum Capital Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Quantum Capital's Current Ratio for the fiscal year that ended in Jun. 2010 is calculated as

Current Ratio (A: Jun. 2010 )=Total Current Assets (A: Jun. 2010 )/Total Current Liabilities (A: Jun. 2010 )
=0.002/0.039
=0.05

Quantum Capital's Current Ratio for the quarter that ended in Sep. 2011 is calculated as

Current Ratio (Q: Sep. 2011 )=Total Current Assets (Q: Sep. 2011 )/Total Current Liabilities (Q: Sep. 2011 )
=2.627/2.343
=1.12

* 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.


Quantum Capital  (OTCPK:QTCI) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Quantum Capital Current Ratio Related Terms

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Quantum Capital (Quantum Capital) Business Description

Traded in Other Exchanges
N/A
Address
3430 E. Russell Road, Springhill, Las Vegas, NV, USA, 8249
Quantum Capital Inc is an Australian company. The company owns Loan Base Pty Ltd, an Australian company with the mission of providing clients with personalized lending solutions that achieve their goals through premium, online, exclusive, convenient, and tailored lending solutions intermediary platforms.