* 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.
Competitive Comparison of Mahindra Lifespace Developers's Quick Ratio
For the Real Estate - Development subindustry, Mahindra Lifespace Developers'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.
Mahindra Lifespace Developers's Quick Ratio Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Mahindra Lifespace Developers's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Mahindra Lifespace Developers's Quick Ratio falls into.
Mahindra Lifespace Developers 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.
Mahindra Lifespace Developers (BOM:532313) 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.
Mahindra Lifespace Developers Quick Ratio Related Terms
Thank you for viewing the detailed overview of Mahindra Lifespace Developers's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Mahindra Lifespace Developers Business Description
Mahindra Lifespace Developers Ltd is an India-based real estate development company. The firm, along with its subsidiary companies, is engaged in the development of residential projects and integrated large-format development. Its residential offering comprises mid-premium segment housing as well as affordable housing. It operates in two business segments including Operating of Commercial complexes and Projects, project management, and development segment. Operating of commercial complexes includes rental income from commercial properties in New Delhi. The company generates the majority of its revenue from the projects, project management & development segment, which includes income from the sale of residential units across projects, project management, and development in India.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:532313 has been successfully added to your 