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Taaleem Management Services Co (CAI:TALM) Quick Ratio : 0.78 (As of Feb. 2025)


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What is Taaleem Management Services Co 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. Taaleem Management Services Co's quick ratio for the quarter that ended in Feb. 2025 was 0.78.

Taaleem Management Services Co has a quick ratio of 0.78. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Taaleem Management Services Co's Quick Ratio or its related term are showing as below:

CAI:TALM' s Quick Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.88   Max: 1.92
Current: 0.78

During the past 7 years, Taaleem Management Services Co's highest Quick Ratio was 1.92. The lowest was 0.25. And the median was 0.88.

CAI:TALM's Quick Ratio is ranked worse than
73.33% of 270 companies
in the Education industry
Industry Median: 1.365 vs CAI:TALM: 0.78

Taaleem Management Services Co Quick Ratio Historical Data

The historical data trend for Taaleem Management Services Co'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.

Taaleem Management Services Co Quick Ratio Chart

Taaleem Management Services Co Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Quick Ratio
Get a 7-Day Free Trial 1.16 0.92 0.64 1.15 0.70

Taaleem Management Services Co Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 0.70 0.84 0.70 0.72 0.78

Competitive Comparison of Taaleem Management Services Co's Quick Ratio

For the Education & Training Services subindustry, Taaleem Management Services Co'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.


Taaleem Management Services Co's Quick Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Taaleem Management Services Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Taaleem Management Services Co's Quick Ratio falls into.


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Taaleem Management Services Co 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.

Taaleem Management Services Co's Quick Ratio for the fiscal year that ended in Aug. 2024 is calculated as

Quick Ratio (A: Aug. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(593.236-8.056)/831.048
=0.70

Taaleem Management Services Co's Quick Ratio for the quarter that ended in Feb. 2025 is calculated as

Quick Ratio (Q: Feb. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(760.941-6.595)/972.55
=0.78

* 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.


Taaleem Management Services Co  (CAI:TALM) 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.


Taaleem Management Services Co Quick Ratio Related Terms

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Taaleem Management Services Co Business Description

Traded in Other Exchanges
N/A
Address
26th of July Corridor, Majarrah Business Center, Neptune Building, Sheikh Zayed, Giza, EGY
Taaleem Management Services Co is a higher education management company that provides methods of education aligned with the future needs of the working environment. It is a provider of higher education and operates a platform-based model governed by a team of the highest caliber to ensure that it operates efficiently, grows sustainably, and generates shared value for the community. The company's portfolio currently includes two operational assets and one asset under-development asset. Its first asset is Nahda University and the other two are Badya University and Memphis University.

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