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Kilburn Office Automation (BOM:523218) Quick Ratio : 0.00 (As of Dec. 2019)


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What is Kilburn Office Automation 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. Kilburn Office Automation's quick ratio for the quarter that ended in Dec. 2019 was 0.00.

Kilburn Office Automation 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 Kilburn Office Automation's Quick Ratio or its related term are showing as below:

BOM:523218's Quick Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.4
* Ranked among companies with meaningful Quick Ratio only.

Kilburn Office Automation Quick Ratio Historical Data

The historical data trend for Kilburn Office Automation'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.

Kilburn Office Automation Quick Ratio Chart

Kilburn Office Automation Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.26 0.14 0.28 0.07

Kilburn Office Automation Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 - 0.07 - 0.23 -

Competitive Comparison of Kilburn Office Automation's Quick Ratio

For the Business Equipment & Supplies subindustry, Kilburn Office Automation'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.


Kilburn Office Automation's Quick Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kilburn Office Automation's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Kilburn Office Automation's Quick Ratio falls into.



Kilburn Office Automation 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.

Kilburn Office Automation's Quick Ratio for the fiscal year that ended in Mar. 2019 is calculated as

Quick Ratio (A: Mar. 2019 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(5.47-0.456)/70.634
=0.07

Kilburn Office Automation's Quick Ratio for the quarter that ended in Dec. 2019 is calculated as

Quick Ratio (Q: Dec. 2019 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/0
=

* 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.


Kilburn Office Automation  (BOM:523218) 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.


Kilburn Office Automation Quick Ratio Related Terms

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Kilburn Office Automation (BOM:523218) Business Description

Traded in Other Exchanges
N/A
Address
8, Camac Street, Shantiniketan, 15th and 16th Floor, Kolkata, WB, IND, 700 017
Kilburn Office Automation Ltd manufactures markets and provides after-sales service support of office automation products. Its products include Document solutions; Banking solutions; Mailing Solutions and Drawing Office Equipments solutions.

Kilburn Office Automation (BOM:523218) Headlines

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