Turism Covasna Covasna (BSE:TUAA) Quick Ratio: 0.00 (As of . 20)

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BSE:TUAA Turism Covasna SA Covasna BSE:TUAA
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What is Turism Covasna Covasna Quick Ratio?

Turism Covasna Covasna BSE:TUAA 25 Quick Ratio is 0.00 as of . 20. GuruFocus rates BSE:TUAA with a GF Score™ of 25/100. The stock has 1 warning sign investors should review. Among 856 Travel & Leisure companies, Turism Covasna Covasna ranks worse than 116822.31% on this metric.

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. Turism Covasna Covasna's quick ratio for the quarter that ended in . 20 was 0.00.

Turism Covasna Covasna 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 Turism Covasna Covasna's Quick Ratio or its related term are showing as below:

BSE:TUAA's Quick Ratio is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.14
* Ranked among companies with meaningful Quick Ratio only.

Turism Covasna Covasna  (BSE:TUAA) 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.


Turism Covasna Covasna Quick Ratio Related Terms


Turism Covasna Covasna Quick Ratio Historical Data

* Premium members only.

The historical data trend for Turism Covasna Covasna'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.

Turism Covasna Covasna Quick Ratio Chart

Turism Covasna Covasna Annual Data
Trend
Quick Ratio

Turism Covasna Covasna Semi-Annual Data
Quick Ratio

BSE:TUAA vs SVSA: Quick Ratio Comparison

For the Lodging subindustry, Turism Covasna Covasna'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.


Turism Covasna Covasna Quick Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Turism Covasna Covasna's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Turism Covasna Covasna's Quick Ratio falls into.


BSE:TUAA
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Turism Covasna SA Covasna BSE:TUAA
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Turism Covasna Covasna 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.

Turism Covasna Covasna's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Turism Covasna Covasna's Quick Ratio for the quarter that ended in . 20 is calculated as

* 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?
Turism Covasna Covasna (BSE:TUAA) has a Quick Ratio of 0.00 as of . 20. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Turism Covasna Covasna and its competitors. According to the industry distribution chart, Turism Covasna Covasna ranks #999999 out of 856 companies in the Travel & Leisure industry.
Is Turism Covasna Covasna's Quick Ratio too high?
Turism Covasna Covasna's current Quick Ratio is 0.00. Based on the distribution chart, Turism Covasna Covasna ranks #999999 out of 856 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Turism Covasna Covasna has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Turism Covasna Covasna's Quick Ratio compare to SVSA?
According to the Travel & Leisure industry distribution chart, Turism Covasna Covasna ranks #999999 out of 856 companies for Quick Ratio. This places Turism Covasna Covasna in the lower half of its industry. The industry median Quick Ratio is 1.14. 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 a Travel & Leisure company?
The median Quick Ratio among Travel & Leisure companies is 1.14, based on 856 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 Turism Covasna Covasna and its competitors. For the Travel & Leisure industry, the median Quick Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turism Covasna Covasna'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 Turism Covasna Covasna stock overvalued right now?
Turism Covasna Covasna (BSE:TUAA) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. Turism Covasna Covasna's overall GF Score™ is 25/100 with 1 warning sign to review. 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 Turism Covasna Covasna (BSE:TUAA), the current Quick Ratio is 0.00 as of . 20. 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.

Turism Covasna Covasna Business Description

Address Street no.1, Decembrie 1918, Nr. 1-2, Covasna, ROU, 525200,12
Turism Covasna SA Covasna, is engaged in providing hotel and similar accommodation services in Covasna. It is also involved in providing spa treatment for cardiovascular diseases.
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