Corporate Travel Management has a quick ratio of 1.42. It generally indicates good short-term financial strength.
The historical rank and industry rank for Corporate Travel Management's Quick Ratio or its related term are showing as below:
CTMLF's Quick Ratio is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.14 * Ranked among companies with meaningful Quick Ratio only.
Corporate Travel Management (OTCPK:CTMLF) 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.
Corporate Travel Management Quick Ratio Related Terms
Corporate Travel Management Quick Ratio Historical Data
* 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.
For the Travel Services subindustry, Corporate Travel Management'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.
Corporate Travel Management Quick Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Corporate Travel Management's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Corporate Travel Management's Quick Ratio falls into.
Corporate Travel Management 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.
Corporate Travel Management (CTMLF) has a Quick Ratio of 1.42 as of Dec. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Corporate Travel Management and its competitors.
Is Corporate Travel Management's Quick Ratio too high?
Corporate Travel Management's current Quick Ratio is 1.42. The Travel & Leisure industry median Quick Ratio is 1.14. Corporate Travel Management's value of 1.42 is 24.6% above this industry median. Overall, Corporate Travel Management has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Corporate Travel Management's Quick Ratio compare to TRIP and PRSU?
Corporate Travel Management's Quick Ratio of 1.42 can be compared against companies in the Travel & Leisure industry. The industry median Quick Ratio is 1.14. Corporate Travel Management's value of 1.42 is 24.6% above this benchmark. 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 857 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. Corporate Travel Management's current Quick Ratio of 1.42 is 24.6% above the industry median. 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 Corporate Travel Management 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. Corporate Travel Management's current Quick Ratio is 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporate Travel Management stock overvalued right now?
Corporate Travel Management (CTMLF) has a current Quick Ratio of 1.42. The current Quick Ratio is 1.42 and 24.6% above the Travel & Leisure industry median of 1.14. Corporate Travel Management's overall GF Score™ is 8/100. 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 Corporate Travel Management (CTMLF), the current Quick Ratio is 1.42 as of Dec. 2024. 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.
Corporate Travel Management provides travel services for businesses and governments across the Americas, Australia and New Zealand, Europe, and Asia. The group has built scale and breadth through both organic growth and acquisitions. Corporate Travel is currently a top-five corporate travel management company globally based total transaction volumes, but it is a relative minnow in the highly fragmented USD 1 trillion global market. The group offers expertise and personalized service to corporate clients spanning various industries such as government, healthcare, mining, energy, infrastructure, and construction. Before the pandemic, more than 60% of the group's client travel was domestic (within country) in nature.
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