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Singha Paratech (BKK:SINGHA-F) Quick Ratio : 0.00 (As of Dec. 2010)


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What is Singha Paratech 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. Singha Paratech's quick ratio for the quarter that ended in Dec. 2010 was 0.00.

Singha Paratech has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

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

BKK:SINGHA-F's Quick Ratio is not ranked *
in the Building Materials industry.
Industry Median: 1.035
* Ranked among companies with meaningful Quick Ratio only.

Singha Paratech Quick Ratio Historical Data

The historical data trend for Singha Paratech'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.

Singha Paratech Quick Ratio Chart

Singha Paratech Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Quick Ratio
Get a 7-Day Free Trial 0.81 0.68 0.23 0.07 -

Singha Paratech Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Quick Ratio Get a 7-Day Free Trial 0.81 0.68 0.23 0.07 -

Competitive Comparison of Singha Paratech's Quick Ratio

For the Building Materials subindustry, Singha Paratech'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.


Singha Paratech's Quick Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Singha Paratech's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Singha Paratech's Quick Ratio falls into.



Singha Paratech 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.

Singha Paratech's Quick Ratio for the fiscal year that ended in Dec. 2010 is calculated as

Quick Ratio (A: Dec. 2010 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(364.959-363.81)/870.571
=0.00

Singha Paratech's Quick Ratio for the quarter that ended in Dec. 2010 is calculated as

Quick Ratio (Q: Dec. 2010 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(364.959-363.81)/870.571
=0.00

* 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.


Singha Paratech  (BKK:SINGHA-F) 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.


Singha Paratech Quick Ratio Related Terms

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Singha Paratech (BKK:SINGHA-F) Business Description

Traded in Other Exchanges
N/A
Address
Singha Paratech PCL (SINGHA) is a manufacturer and distributor of wood flooring products, serving both domestic as well as foreign markets. SINGHA's products include engineered wood flooring products and hardwood flooring products.

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