Anan Investment Holding PJSC (ADX:ANAN) Quick Ratio: 0.11 (As of Jun. 2019)


What is Anan Investment Holding PJSC Quick Ratio?

Anan Investment Holding PJSC ADX:ANAN -1.67% Quick Ratio is 0.11 as of Jun. 2019.

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. Anan Investment Holding PJSC's quick ratio for the quarter that ended in Jun. 2019 was 0.11.

Anan Investment Holding PJSC has a quick ratio of 0.11. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Anan Investment Holding PJSC's Quick Ratio or its related term are showing as below:

ADX:ANAN's Quick Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.84
* Ranked among companies with meaningful Quick Ratio only.

Anan Investment Holding PJSC  (ADX:ANAN) 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.

Anan Investment Holding PJSC Quick Ratio Related Terms

Anan Investment Holding PJSC Quick Ratio Historical Data

* Premium members only.

The historical data trend for Anan Investment Holding PJSC'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.

Anan Investment Holding PJSC Quick Ratio Chart

Anan Investment Holding PJSC Annual Data
Trend Dec17 Dec18
Quick Ratio
2.15 0.14

Anan Investment Holding PJSC Semi-Annual Data
Dec17 Jun18 Dec18 Jun19
Quick Ratio 2.15 0.00 0.14 0.11

Anan Investment Holding PJSC Quick Ratio Competitor Comparison

For the Real Estate - Development subindustry, Anan Investment Holding PJSC'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.

Anan Investment Holding PJSC Quick Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Anan Investment Holding PJSC's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Anan Investment Holding PJSC's Quick Ratio falls into.


Anan Investment Holding PJSC 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.

Anan Investment Holding PJSC's Quick Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Quick Ratio (A: Dec. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(297.735-0)/2056.619
=0.14

Anan Investment Holding PJSC's Quick Ratio for the quarter that ended in Jun. 2019 is calculated as

Quick Ratio (Q: Jun. 2019 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(233.243-0)/2112.451
=0.11

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.11 mean?
Anan Investment Holding PJSC (ADX:ANAN) has a Quick Ratio of 0.11 as of Jun. 2019. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Anan Investment Holding PJSC and its competitors.
Is Anan Investment Holding PJSC's Quick Ratio too high?
Anan Investment Holding PJSC's current Quick Ratio is 0.11. The Real Estate industry median Quick Ratio is 0.84. Anan Investment Holding PJSC's value of 0.11 is 86.9% below this industry median.
How does Anan Investment Holding PJSC's Quick Ratio compare to competitors?
Anan Investment Holding PJSC's Quick Ratio of 0.11 can be compared against companies in the Real Estate industry. The industry median Quick Ratio is 0.84. Anan Investment Holding PJSC's value of 0.11 is 86.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Real Estate company?
The median Quick Ratio among Real Estate companies is 0.84, based on 1,792 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anan Investment Holding PJSC's current Quick Ratio of 0.11 is 86.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Anan Investment Holding PJSC and its competitors. For the Real Estate industry, the median Quick Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anan Investment Holding PJSC's current Quick Ratio is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anan Investment Holding PJSC stock overvalued right now?
Anan Investment Holding PJSC (ADX:ANAN) has a current Quick Ratio of 0.11. The current Quick Ratio is 0.11 and 86.9% below the Real Estate industry median of 0.84. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Anan Investment Holding PJSC (ADX:ANAN), the current Quick Ratio is 0.11 as of Jun. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Anan Investment Holding PJSC Business Description

Address Kan'ad Street, Zone 1, Fotouh Al Khair Center, Tower No. 1, Floor No. 0, Office No. 2, Abu Dhabi, ARE
Anan Investment Holding PJSC is engaged in developing, investing in, and managing real estate properties. The company's operations are focused on real estate development. investment and marketing in various sectors, including tourism, industry, and others. Its project profile includes Wahat Alzaweya, Aryaf, Nasayem, Shamma Centre, Waha Living, Marya Boutique, and others.