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Vert Infrastructure (Vert Infrastructure) Quick Ratio : 0.33 (As of Nov. 2019)


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What is Vert Infrastructure 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. Vert Infrastructure's quick ratio for the quarter that ended in Nov. 2019 was 0.33.

Vert Infrastructure has a quick ratio of 0.33. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Vert Infrastructure's Quick Ratio or its related term are showing as below:

CRXPF's Quick Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.81
* Ranked among companies with meaningful Quick Ratio only.

Vert Infrastructure Quick Ratio Historical Data

The historical data trend for Vert Infrastructure'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.

Vert Infrastructure Quick Ratio Chart

Vert Infrastructure Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Quick Ratio
Get a 7-Day Free Trial 1.13 0.67 0.09 32.92 53.29

Vert Infrastructure Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 31.63 53.29 1.87 0.21 0.33

Competitive Comparison of Vert Infrastructure's Quick Ratio

For the Real Estate Services subindustry, Vert Infrastructure'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.


Vert Infrastructure's Quick Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Vert Infrastructure's Quick Ratio falls into.



Vert Infrastructure 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.

Vert Infrastructure's Quick Ratio for the fiscal year that ended in Feb. 2019 is calculated as

Quick Ratio (A: Feb. 2019 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4.849-0)/0.091
=53.29

Vert Infrastructure's Quick Ratio for the quarter that ended in Nov. 2019 is calculated as

Quick Ratio (Q: Nov. 2019 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.26-0)/0.779
=0.33

* 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.


Vert Infrastructure  (OTCPK:CRXPF) 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.


Vert Infrastructure Quick Ratio Related Terms

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Vert Infrastructure (Vert Infrastructure) Business Description

Traded in Other Exchanges
N/A
Address
535 Howe Street, Suite 600, Vancouver, BC, CAN, V6C 2Z4
Vert Infrastructure Ltd is engaged in the business of branding, investing, constructing, owning and leasing infrastructure for specialty agricultural businesses.