BOG:PROTECCION's Quick Ratio is not ranked *
in the Asset Management industry.
Industry Median: 2.815 * Ranked among companies with meaningful Quick Ratio only.
Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) 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.
Administradora de Fondos de Pensiones y Cesantia Proteccion Quick Ratio Related Terms
Administradora de Fondos de Pensiones y Cesantia Proteccion Quick Ratio Historical Data
* 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.
Administradora de Fondos de Pensiones y Cesantia Proteccion Quick Ratio Chart
Administradora de Fondos de Pensiones y Cesantia Proteccion Annual Data
* 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.
Administradora de Fondos de Pensiones y Cesantia Proteccion Quick Ratio vs Asset Management Industry
Administradora de Fondos de Pensiones y Cesantia Proteccion 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.
* 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.
Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) has a Quick Ratio of 11.52 as of Jun. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Administradora de Fondos de Pensiones y Cesantia Proteccion and its competitors.
Is Administradora de Fondos de Pensiones y Cesantia Proteccion's Quick Ratio too high?
Administradora de Fondos de Pensiones y Cesantia Proteccion's current Quick Ratio is 11.52. The Asset Management industry median Quick Ratio is 2.82. Administradora de Fondos de Pensiones y Cesantia Proteccion's value of 11.52 is 309.2% above this industry median. Overall, Administradora de Fondos de Pensiones y Cesantia Proteccion has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Administradora de Fondos de Pensiones y Cesantia Proteccion's Quick Ratio compare to BLK and BX?
Administradora de Fondos de Pensiones y Cesantia Proteccion's Quick Ratio of 11.52 can be compared against companies in the Asset Management industry. The industry median Quick Ratio is 2.82. Administradora de Fondos de Pensiones y Cesantia Proteccion's value of 11.52 is 309.2% above 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 an Asset Management company?
The median Quick Ratio among Asset Management companies is 2.82, based on 708 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. Administradora de Fondos de Pensiones y Cesantia Proteccion's current Quick Ratio of 11.52 is 309.2% above 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 Administradora de Fondos de Pensiones y Cesantia Proteccion and its competitors. For the Asset Management industry, the median Quick Ratio is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Administradora de Fondos de Pensiones y Cesantia Proteccion's current Quick Ratio is 11.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Administradora de Fondos de Pensiones y Cesantia Proteccion stock overvalued right now?
Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) has a current Quick Ratio of 11.52. The current Quick Ratio is 11.52 and 309.2% above the Asset Management industry median of 2.82. Administradora de Fondos de Pensiones y Cesantia Proteccion's overall GF Score™ is 12/100. 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 Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION), the current Quick Ratio is 11.52 as of Jun. 2023. 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.
Administradora de Fondos de Pensiones y Cesantia Proteccion Business Description
Administradora de Fondos de Pensiones y Cesantia Proteccion SA is a management company of mandatory and voluntary pension and severance funds. Its funds include voluntary and obligatory pension funds, and severance funds.
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