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AYAAF (Ayala Land) Quick Ratio : 0.86 (As of Sep. 2024)


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What is Ayala Land 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. Ayala Land's quick ratio for the quarter that ended in Sep. 2024 was 0.86.

Ayala Land has a quick ratio of 0.86. It indicates that the company cannot currently fully pay back its current liabilities.

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

AYAAF' s Quick Ratio Range Over the Past 10 Years
Min: 0.67   Med: 0.86   Max: 1.01
Current: 0.86

During the past 13 years, Ayala Land's highest Quick Ratio was 1.01. The lowest was 0.67. And the median was 0.86.

AYAAF's Quick Ratio is ranked better than
52.07% of 1809 companies
in the Real Estate industry
Industry Median: 0.82 vs AYAAF: 0.86

Ayala Land Quick Ratio Historical Data

The historical data trend for Ayala Land'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.

Ayala Land Quick Ratio Chart

Ayala Land Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.89 0.86 0.88 0.86

Ayala Land Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.90 0.86 0.86 0.79 0.86

Competitive Comparison of Ayala Land's Quick Ratio

For the Real Estate - Development subindustry, Ayala Land'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.


Ayala Land's Quick Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ayala Land's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Ayala Land's Quick Ratio falls into.



Ayala Land 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.

Ayala Land's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(7041.765-3594.936)/3993.196
=0.86

Ayala Land's Quick Ratio for the quarter that ended in Sep. 2024 is calculated as

Quick Ratio (Q: Sep. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(7325.367-3751.917)/4145.216
=0.86

* 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.


Ayala Land  (OTCPK:AYAAF) 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.


Ayala Land Quick Ratio Related Terms

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Ayala Land Business Description

Traded in Other Exchanges
Address
Ayala Triangle, Ayala Avenue, 31st Floor, Tower One and Exchange Plaza, Makati City, PHL, 1226
Ayala Land Inc is a real estate conglomerate operating in the Philippines. It is engaged in land acquisition, planning, and developing large-scale, integrated mixed-use, and sustainable estates. Its portfolio includes complementary businesses, such as the development of residential, office, commercial, and industrial properties for sale and commercial leasing through shopping centers, offices, hotels and others. Its segments are; Property Development; International; Shopping Centers; Offices; Hotels and Resorts; Construction; Property Management and Others. It generates revenue from the Property development segment that engages in the sale of high-end and upper-middle-income residential lots and units, affordable housing units and lots, economic housing, and leisure community developments.

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