Advance Powerinfra Tech (BOM:531047) Quick Ratio: 0.00 (As of Dec. 2018)

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What is Advance Powerinfra Tech Quick Ratio?

Advance Powerinfra Tech BOM:531047 Quick Ratio is 0.00 as of Dec. 2018.

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. Advance Powerinfra Tech's quick ratio for the quarter that ended in Dec. 2018 was 0.00.

Advance Powerinfra Tech 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 Advance Powerinfra Tech's Quick Ratio or its related term are showing as below:

BOM:531047's Quick Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.38
* Ranked among companies with meaningful Quick Ratio only.

Advance Powerinfra Tech  (BOM:531047) 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.


Advance Powerinfra Tech Quick Ratio Related Terms


Advance Powerinfra Tech Quick Ratio Historical Data

* Premium members only.

The historical data trend for Advance Powerinfra Tech'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.

Advance Powerinfra Tech Quick Ratio Chart

Advance Powerinfra Tech Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.40 0.93 1.33 1.01

Advance Powerinfra Tech Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.00 1.01 0.00 0.52 0.00

BOM:531047 vs ENCR, ESNC, SENY: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, Advance Powerinfra Tech'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.


Advance Powerinfra Tech Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advance Powerinfra Tech's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Advance Powerinfra Tech's Quick Ratio falls into.



Advance Powerinfra Tech 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.

Advance Powerinfra Tech's Quick Ratio for the fiscal year that ended in Mar. 2018 is calculated as

Quick Ratio (A: Mar. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(560.378-0.065)/556.81
=1.01

Advance Powerinfra Tech's Quick Ratio for the quarter that ended in Dec. 2018 is calculated as

Quick Ratio (Q: Dec. 2018 )=(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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.00 mean?
Advance Powerinfra Tech (BOM:531047) has a Quick Ratio of 0.00 as of Dec. 2018. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Advance Powerinfra Tech and its competitors.
Is Advance Powerinfra Tech's Quick Ratio too high?
Advance Powerinfra Tech's current Quick Ratio is 0.00.
How does Advance Powerinfra Tech's Quick Ratio compare to ENCR and ESNC?
Advance Powerinfra Tech's Quick Ratio of 0.00 can be compared against companies in the Industrial Products industry. The industry median Quick Ratio is 1.38. 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 Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.38, based on 3,076 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. 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 Advance Powerinfra Tech and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advance Powerinfra Tech's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Powerinfra Tech stock overvalued right now?
Advance Powerinfra Tech (BOM:531047) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. 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 Advance Powerinfra Tech (BOM:531047), the current Quick Ratio is 0.00 as of Dec. 2018. 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.

Advance Powerinfra Tech Business Description

Address 4, Chandni Chowk Street, 3rd Floor, Kolkata, WB, IND, 700072
Advance Powerinfra Tech Ltd is engaged in the business of Manufacturing and sale of transformers and other related activities.