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. Amata PCL's quick ratio for the quarter that ended in Mar. 2024 was 0.27.
Amata PCL has a quick ratio of 0.27. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Amata PCL's Quick Ratio or its related term are showing as below:
AMCUF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.53 Max: 1.46
Current: 0.27
During the past 13 years, Amata PCL's highest Quick Ratio was 1.46. The lowest was 0.26. And the median was 0.53.
AMCUF's Quick Ratio is ranked worse than 82.52% of 1825
companies
in the Real Estate industry
Industry Median: 0.81
vs AMCUF: 0.27
Amata PCL Quick Ratio Historical Data
The historical data trend for Amata PCL'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.
For the Real Estate - Development subindustry, Amata PCL'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.
Amata PCL's Quick Ratio Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Amata PCL's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Amata PCL's Quick Ratio falls into.
Amata PCL 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.
Amata PCL's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Amata PCL (OTCPK:AMCUF) 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.
Amata PCL Quick Ratio Related Terms
Thank you for viewing the detailed overview of Amata PCL's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Amata Corp PCL invests in industrial estates and the enterprises supporting the operation of the estates. The company specialises in planning, developing, managing, and marketing integrated industrial estates. Amata also provides a range of services designed to support its client companies, such as an international standard road system, utilities and waste disposal facilities, and green areas. The company generates the majority of its income from real estate sales, while utility service and rental income contribute a significant amount. Amata serves multiple industrial customers such as Toyota Motor, BMW Group, Nestle and others. The company's rental factories come with floor area ranging from 850 to 5,000 square meters, complete with finished office space, utilities, and landscaping.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AMCUF has been successfully added to your 