Canal Capital (Canal Capital) Quick Ratio : 2.88 (As of Jul. 2012)

Canal Capital Quick Ratio Chart

Canal Capital Annual Data
	Trend	Oct02	Oct03	Oct04	Oct05	Oct06	Oct07	Oct08	Oct09	Oct10	Oct11
Quick Ratio		Get a 7-Day Free Trial					2.45	0.43	1.12	2.11	0.68

Canal Capital Quarterly Data
	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12
Quick Ratio	Get a 7-Day Free Trial															1.49	0.68	1.19	1.41	2.88

Competitive Comparison of Canal Capital's Quick Ratio

For the Real Estate - Development subindustry, Canal Capital'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.

Canal Capital's Quick Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Canal Capital's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Canal Capital's Quick Ratio falls into.

Canal Capital 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.

Canal Capital's Quick Ratio for the fiscal year that ended in Oct. 2011 is calculated as

Canal Capital's Quick Ratio for the quarter that ended in Jul. 2012 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.

Canal Capital  (OTCPK:COWP) 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.

Canal Capital Quick Ratio Related Terms

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Canal Capital (Canal Capital) Business Description