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Pruksa Real Estate PCL (BKK:PS-R) Quick Ratio : 0.13 (As of Mar. 2018)


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What is Pruksa Real Estate PCL 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. Pruksa Real Estate PCL's quick ratio for the quarter that ended in Mar. 2018 was 0.13.

Pruksa Real Estate PCL has a quick ratio of 0.13. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Pruksa Real Estate PCL's Quick Ratio or its related term are showing as below:

BKK:PS-R' s Quick Ratio Range Over the Past 10 Years
Min: 0.11   Med: 2.78   Max: 5.77
Current: 0.13

During the past 13 years, Pruksa Real Estate PCL's highest Quick Ratio was 5.77. The lowest was 0.11. And the median was 2.78.

BKK:PS-R's Quick Ratio is not ranked
in the Real Estate industry.
Industry Median: 0.805 vs BKK:PS-R: 0.13

Pruksa Real Estate PCL Quick Ratio Historical Data

The historical data trend for Pruksa Real Estate 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.

* Premium members only.

Pruksa Real Estate PCL Quick Ratio Chart

Pruksa Real Estate PCL Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.07 4.00 0.18 0.11 0.13

Pruksa Real Estate PCL Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 0.14 0.17 3.67 0.13 0.13

Competitive Comparison of Pruksa Real Estate PCL's Quick Ratio

For the Real Estate - Development subindustry, Pruksa Real Estate 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.


Pruksa Real Estate PCL's Quick Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Pruksa Real Estate PCL's Quick Ratio falls into.


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Pruksa Real Estate 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.

Pruksa Real Estate PCL's Quick Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Quick Ratio (A: Dec. 2017 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(66186.911-63791)/19128.362
=0.13

Pruksa Real Estate PCL's Quick Ratio for the quarter that ended in Mar. 2018 is calculated as

Quick Ratio (Q: Mar. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(70977.662-67757)/25272.673
=0.13

* 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.


Pruksa Real Estate PCL  (BKK:PS-R) 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.


Pruksa Real Estate PCL Quick Ratio Related Terms

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Pruksa Real Estate PCL Business Description

Traded in Other Exchanges
N/A
Address
Pruksa Real Estate PCL was founded on April 20, 1993. The Company is engaged in the business of real estate development for residential purposes, including townhouses, single-detached houses, and condominiums. It comprised the following reportable segments; SBU Townhouse which includes Baan Pruksa, Pruksa Ville, The Connect, and SD3; SBU Condominium 1 which includes Condominium I, Condominium II, and Condominium IV; SBU Single house which includes Pruksa Town, Passorn, and Pruksa Village and SBU Condominium 2 which includes Condominium III, Condominium V, and Condominium VI. Its geographical areas of operations include Thailand, India, Maldives and Vietnam.

Pruksa Real Estate PCL Headlines

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