ATCV (ATC Venture Group) Quick Ratio: 0.46 (As of Mar. 2012)


What is ATC Venture Group Quick Ratio?

ATC Venture Group ATCV -99.00% Quick Ratio is 0.46 as of Mar. 2012.

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. ATC Venture Group's quick ratio for the quarter that ended in Mar. 2012 was 0.46.

ATC Venture Group has a quick ratio of 0.46. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for ATC Venture Group's Quick Ratio or its related term are showing as below:

ATCV's Quick Ratio is not ranked *
in the Vehicles & Parts industry.
Industry Median: 1.06
* Ranked among companies with meaningful Quick Ratio only.

ATC Venture Group  (OTCPK:ATCV) 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.

ATC Venture Group Quick Ratio Related Terms

ATC Venture Group Quick Ratio Historical Data

* Premium members only.

The historical data trend for ATC Venture Group'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.

ATC Venture Group Quick Ratio Chart

ATC Venture Group Annual Data
Trend Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.10 1.13 0.88 0.85 0.39

ATC Venture Group Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
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 0.39 0.20 0.39 0.69 0.46

ATCV vs FLES, OMTK, PFTI: Quick Ratio Comparison

For the Auto Parts subindustry, ATC Venture Group'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.

ATC Venture Group Quick Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ATC Venture Group's Quick Ratio distribution charts can be found below:

* The bar in red indicates where ATC Venture Group's Quick Ratio falls into.


ATC Venture Group 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.

ATC Venture Group's Quick Ratio for the fiscal year that ended in Sep. 2011 is calculated as

Quick Ratio (A: Sep. 2011 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3.657-0.799)/7.265
=0.39

ATC Venture Group's Quick Ratio for the quarter that ended in Mar. 2012 is calculated as

Quick Ratio (Q: Mar. 2012 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2.179-0.564)/3.484
=0.46

* 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 0.46 mean?
ATC Venture Group (ATCV) has a Quick Ratio of 0.46 as of Mar. 2012. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on ATC Venture Group and its competitors.
Is ATC Venture Group's Quick Ratio too high?
ATC Venture Group's current Quick Ratio is 0.46. The Vehicles & Parts industry median Quick Ratio is 1.06. ATC Venture Group's value of 0.46 is 56.6% below this industry median.
How does ATC Venture Group's Quick Ratio compare to FLES and OMTK?
ATC Venture Group's Quick Ratio of 0.46 can be compared against companies in the Vehicles & Parts industry. The industry median Quick Ratio is 1.06. ATC Venture Group's value of 0.46 is 56.6% 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 Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.06, based on 1,337 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. ATC Venture Group's current Quick Ratio of 0.46 is 56.6% 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 ATC Venture Group and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ATC Venture Group's current Quick Ratio is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ATC Venture Group stock overvalued right now?
ATC Venture Group (ATCV) has a current Quick Ratio of 0.46. The current Quick Ratio is 0.46 and 56.6% below the Vehicles & Parts industry median of 1.06. 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 ATC Venture Group (ATCV), the current Quick Ratio is 0.46 as of Mar. 2012. 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.

ATC Venture Group Business Description

Address 5929 Baker Road, Siute 400, Minne, MN, USA, 55345
ATC Venture Group Inc has one distinct operating segment, Simonsen Iron Works Inc., which is engaged in the design, manufacture and assembly of an array of parts for original equipment manufacturers (OEMs) and other customers.